If you’re one of the 51% of Americans with life insurance coverage, you might consider borrowing against your policy if you ...

Borrowing is only available on permanent life insurance policies, such as whole or universal life, not on term policies. Borrowing from your life insurance policy requires no credit checks or ...

You may be dealing with clients who are drowning in credit card debt. Many who are in this situation may even want to borrow from life insurance to pay off debt. Your role as an advisor is crucial in ...

Permanent life insurance policies—such as whole life and universal life—provide a lifelong death benefit and also have a savings feature, called cash value. The cash value grows tax-deferred in the ...

Meagan is a former Series 7 financial advisor and current writer focused on blending straightforward information with a dose of humor on topics including equity investments, insurance products, and ...