Not exact matches
When this happens, if a
cash value life insurance
policy was used to fund a key person
policy, the amount
of the
cash value can be taken out in the form
of an easily
accessible life insurance
policy loan, with no origination costs, tax free.
The
cash value within the
policy is
accessible through loan or surrender, though it can affect the long term performance
of the
policy.
When this happens, if a
cash value life insurance
policy was used to fund a key person
policy, the amount
of the
cash value can be taken out in the form
of an easily
accessible life insurance
policy loan, with no origination costs, tax free.