It can be difficult to
understand loan provisions, past dividend rates, and future requirements with these types of life insurance policies.
Not exact matches
The documents governing and representing the
loan will outline the complete
provisions of the transaction, however, there are a handful of key terms investors should
understand before investing in a debt product.
Just to reiterate, it is crucial to
understand that you give up specific
provisions which are inherent to federal student
loans.
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All of the
provisions of the
loan document should be explained to you and you should make sure you
understand them before proceeding.
Other factors such as
loan provisions, dividends, participating vs non participating policies, recognition vs non recognition of dividends are factors most don't really
understand.