Not exact matches
Always talk to a financial
advisor if you'd like to explore using
policy loans on a whole life insurance plan, and check up on your
policy loans regularly to make sure that your financial strategy is still on track.
Always talk to a financial
advisor if you'd like to explore using
policy loans on a whole life insurance plan, and check up on your
policy loans regularly to make sure that your financial strategy is still on track.
After his experience with working as a
policy advisor for the Consumer Financial Protection Bureau, Will Sealy saw a hole in the market for student
loan products.
We at your
loan advisors, in keeping with our
policy of complete transparency are here to explain to you the true implications.
A turnkey solution that includes payment automation, college finance
advisors, and
policy expertise for aligning student
loan assistance to your talent strategy.
For instance, if the client needs money for a large expense, the
advisor might evaluate the pros / cons of taking out a personal
loan or simply outright surrendering the
policy.
Normally,
policy loans are tax free, but you need to confirm this with your insurance
advisor because the tax implications may differ from one state to another.
Consult your tax
advisor to learn more about the tax implications of borrowing against your life insurance
policy and determine whether such a
loan is right for you.
If you are relying on the dividends of your
policy to pay the interest on the
loan, have a real look at the details with your representative or financial
advisor.
Always talk to a financial
advisor if you'd like to explore using
policy loans on a whole life insurance plan, and check up on your
policy loans regularly to make sure that your financial strategy is still on track.
Consult a tax
advisor for additional information on the tax treatment of
loans or withdrawals from a life insurance
policy.
Consult a tax
advisor for more information on the tax treatment of
loans or withdrawals from a life insurance
policy.
For instance, if the client needs money for a large expense, the
advisor might evaluate the pros / cons of taking out a personal
loan or simply outright surrendering the
policy.
It's always a good idea to speak with your financial
advisor or insurance professional when considering a
policy loan.