Sentences with phrase «always borrow against»

You must remember, however, that traditional life insurance policies are more permanent and you can always borrow against them down the road.

You can always borrow against the cash value of the policy, and you won't have to pay any taxes on that accumulation unless you choose to redeem it.

Not exact matches

«You're always going to be borrowing against yourself to balance cash flow processes,» says Teger.

The loan itself will typically be unsecured if you are borrowing less than # 5,000 or secured against your home if you want to borrow a larger amount (this is why you should always speak to your mortgage company about remortgaging first, as it is often a cheaper alternative).

And, the policyholder always has access to their cash value account, which can be withdrawn or borrowed against for any reason.

In effect, I can always create my own «bank» by borrowing against the collateral of shares of un-leveraged, desirable businesses.

Unless you have a significant amount of equity, it is not always wise to borrow money against your home's value.

In the unlikely event that a child passes away, the death benefit can be used for final expenses, or if the child requires some costly medical treatment, the cash value can always be withdrawn or borrowed against tax - free to help pay for the medical expenses.

Unlike term policies, the death benefit doesn't expire at a certain age and whole policies build cash value that can be borrowed against or passed on to your heirs tax - free — but only if you always pay your premium.

The seller who carries a loan as the bank can always sell the loan or borrow against the cash - flow.