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Can you borrow against a life insurance policy 2024?

Elijah Foster | 2023-05-07 12:06:00 | page views：1962
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Matthew Gonzalez

Works at Netflix, Lives in Los Gatos, CA
Most importantly, you can only borrow against permanent or whole life insurance. Term life insurance, a cheaper and suitable option for many people, does not have a cash value and expires at the end of the term, generally anywhere from one to 10 years.
2023-05-13 12:06:00
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Ethan Kim

QuesHub.com delivers expert answers and knowledge to you.
Most importantly, you can only borrow against permanent or whole life insurance. Term life insurance, a cheaper and suitable option for many people, does not have a cash value and expires at the end of the term, generally anywhere from one to 10 years.
How can I borrow money from my life insurance policy? | Investopedia
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