Sentences with phrase «often borrow against the cash value»

If you want to get access to these funds, you can often borrow against the cash value, or surrender your insurance policy.

Not exact matches

As home values plummeted, fewer homeowners took cash out when refinancing simply because they often didn't have enough home equity to borrow against.

It also builds guaranteed cash value, * which you can borrow against (like a loan), often tax free, to help pay for college, retire a mortgage, cover unforeseen emergencies, or even fund your retirement.

It also builds guaranteed cash value, * which you can borrow against (like a loan), often tax free, to help pay for college, retire a mortgage, cover unforeseen emergencies, or even fund your retirement.

Whole insurance is often sold as an investment because it has a cash value and you can draw out of it or borrow against the amount when you are still alive.

Insurers do often require the cash value of an insurance policy to reach a certain level before you can borrow against it, commonly this will take around 10 - 15 years.

Value - accumulating whole life or universal insurance is often offered as death benefit protection with a cash value component that you can borrow against or eventually cash in by surrendering the poValue - accumulating whole life or universal insurance is often offered as death benefit protection with a cash value component that you can borrow against or eventually cash in by surrendering the povalue component that you can borrow against or eventually cash in by surrendering the policy.