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When Can I Borrow from My Policy?

When Can I Borrow from My Policy?

So you’ve decided that you’re ready to take a policy loan. How do you go about accessing that money? Well, it’s real simple. You’re giving an order to the insurance company with either a form, a phone call or going online and requesting that policy loan. They’ll either send you a check or put the money right into your bank account. But then the next question becomes, how do you pay that loan back? And do you have to?

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Infinite Banking 101: What Policy Should I Use?

Infinite Banking 101: What Policy Should I Use?

Are you looking to get started with the infinite banking concept but you’re wondering what the best type of policy is? Is it universal life, index universal life, variable universal life, or whole life insurance? Stick around because today we’re going to do a deep dive on what the best type of policy is for you and your situation.

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