Variable whole life insurance provides both a death benefit and investment options, making it a popular permanent life insurance choice. This article explains how it works, compares it to other types of policies, and debunks common myths about it while identifying factors to consider before deciding to make the investment.
Exploring the Pros and Cons of Taking Out A Policy Loan
Policy loans can be an effective way of borrowing money in times of need. But what are the pros and cons of policy loans? This article explores the benefits and drawbacks of this type of loan while highlighting essential tips to make an informed decision. Borrowers will get insights into taking out a policy loan to their advantage and leveraging alternative financing options.