Category: Investing

Can You Borrow Money from A Whole Life Insurance Policy?

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A whole life insurance policy provides important financial advantages. You can use a policy to save money for retirement, but you can also borrow money against the policy’s total value. These options make whole life insurance an important investment, every family should consider. Cash value When you pay whole life insurance premiums, a part of the money goes to a separate account attached to the policy. The agency invests the money from your policy’s account

Posted in Finance, Insurance, Investing