Taking a Policy Loan? Here’s what you need to know

Taking a Policy Loan? Here’s what you need to know

Taking a loan from a policy is easy, but there are questions that can arise.

Will taking a loan decrease my death benefit? Why does the insurance company charge interest?  When should I pay off my policy loan?

This week, Tom and John answer all these questions and many more. Listen Now on Wealth Talks.

Resources

How to Build Sustainable Wealth

Tools of the Trade - How to Use the Cash Value in Your Life Insurance A quick reference guide on how policy loans work, how to make loan repayments and how to track your loans. Download Here>