Withdrawals vs Policy Loans EP.99

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Withdrawals vs Policy Loans EP.99

The choice between a withdrawal and a policy loan can impact your life insurance policy’s growth, including cash value and death benefit. At McFie Insurance, we help you understand these options and how they affect your long-term financial security.

In today’s episode, Tom and John McFie break down the differences between a withdrawal and a policy loan. They discuss how each option impacts your life insurance policy’s cash value, the death benefit, and the long-term strategy behind choosing one over the other. Whether you’re looking to access funds or make the most of your policy’s benefits, understanding these choices is crucial for maximizing your policy’s potential.

Key Takeaways:

  • The difference between withdrawals and policy loans in life insurance.
  • How both options affect cash value and death benefit growth.
  • The long-term financial implications of choosing a withdrawal vs. a loan.
  • Why it’s important to make an informed decision for your financial strategy.

Don’t miss out on this vital information that could help you make the best decision for your life insurance policy and financial future.

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