Sentences with phrase «preferred policy loans»

When you reach the cost basis, then you shift to taking preferred policy loans.

If you can learn how to use the cash value of the life insurance through withdrawals up to cost basis and through preferred policy loans, you can avoid paying taxes on the gains.

First, I will withdraw money from the cash value up to my cost basis, and then use preferred policy loans.

You pull it out as a preferred policy loan and all you have to do is bay the interest to the insurance company.

Not exact matches

However, this preferred policy strategy for resolving the student debt problem will only exacerbate the wealth gap between students who have even small amounts of student debt and those who do not have any debt, by increasing the time that it takes to pay off student loans.

On June 17, 2008, the American Medical Association (AMA) adopted policies requiring medical schools to inform students about government education loans in addition to private student loans and to disclose the criteria used to select preferred lenders.

Index Universal Life Insurance — The index universal life insurance policy that is available has some different indexing options to choose from, as well as preferred loan rates.

Although lenders generally prefer permanent types of policies because of the cash values, a term policy is often sufficient if the borrower is a good credit risk and the loan is very likely to be repaid unless he or she dies.