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  2. Borrowing against your life insurance policy

    www.aol.com/finance/borrowing-against-life...

    Here’s a breakdown of the most common types of policies that let you borrow against your cash value: Whole life insurance: ... life insurance loans flexibility and ease you won’t find with ...

  3. Whole life insurance - Wikipedia

    en.wikipedia.org/wiki/Whole_life_insurance

    Whole life insurance, or whole of life assurance (in the Commonwealth of Nations), sometimes called "straight life" or "ordinary life", is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity date. [1]

  4. Premium financing - Wikipedia

    en.wikipedia.org/wiki/Premium_Financing

    Premium financing is the lending of funds to a person or company to cover the cost of an insurance premium.Premium finance loans are often provided by a third party finance entity known as a premium financing company; however insurance companies and insurance brokerages occasionally provide premium financing services through premium finance platforms.

  5. The Pros and Cons of Borrowing Money From Your Life Insurance ...

    www.aol.com/finance/pros-cons-borrowing-money...

    “Borrowing from a life insurance policy refers to taking a loan against the cash value of a permanent life insurance policy, such as a whole life policy,” according to Eliezer Zupnick ...

  6. Universal life insurance - Wikipedia

    en.wikipedia.org/wiki/Universal_life_insurance

    Universal life insurance (often shortened to UL) is a type of cash value [1] life insurance, sold primarily in the United States. Under the terms of the policy, the excess of premium payments above the current cost of insurance is credited to the cash value of the policy, which is credited each month with interest .

  7. 9 Reasons You Should Take Another Look at Whole Life Insurance

    www.aol.com/2014/03/05/whole-life-insurance-why...

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  8. Whole life insurance

    www.aol.com/finance/whole-life-insurance...

    Nationwide: Nationwide offers three whole life options: 20-Pay WL, which features guaranteed premiums and cash value and an easy application process; simplified whole life, which is available to ...

  9. Corporate-owned life insurance - Wikipedia

    en.wikipedia.org/wiki/Corporate-owned_life_insurance

    Interest incurred on indebtedness has historically been deductible, (although the deduction of "personal" interest was largely eliminated in 1986), and in the 1950s a type of "leveraged insurance" transaction began being marketed that permitted an insurance owner to in effect deduct the cost of paying for insurance by (1) paying large premiums to create cash values, (2) "borrowing" against the ...

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