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Can you borrow money from a life insurance policy 2024?

Lucas Allen | 2023-05-07 12:08:12 | page views：1002
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Harper Hall

Studied at the University of Zurich, Lives in Zurich, Switzerland.
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.
2023-05-15 12:08:12
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Charlotte Clark

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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