He will be able to pay the same $ 200 monthly premium for his entire life, while potentially taking out loans
against the cash value of the policy down the road to cover the cost of future premiums.
Not exact matches
Loans2 or withdrawals can be taken
against the
cash value of a permanent life insurance
policy to help with expenses, such as college tuition or the
down payment on a home.
Loans or withdrawals can be taken
against the
cash value of a whole life insurance
policy to help with expenses, such as college tuition or the
down payment on a home.