EPISODE · Oct 20, 2020 · 26 MIN
Should you borrow from your Life Insurance?
from Wealth Talks
Some people advocate borrowing from a life insurance policy for everything. Others vehemently oppose taking a policy loan at all. What should you do? The answer is simple though not conclusive… it depends. Sometimes it makes great sense to take a policy loan. At other times, you can save more money by borrowing elsewhere. Today on Wealth Talks, Tom and John point out the effects of borrowing against a policy, and how you can decide when to use a policy loan and when to look for other funding options.
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How long is this episode of Wealth Talks?
This episode is 26 minutes long.
When was this Wealth Talks episode published?
This episode was published on October 20, 2020.
What is this episode about?
Some people advocate borrowing from a life insurance policy for everything. Others vehemently oppose taking a policy loan at all. What should you do? The answer is simple though not conclusive… it depends. Sometimes it makes great sense to take a...
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