Taking out a loan against your life insurance policy does not count as taxable income. Learn how a taxable event occurs if ...

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 ...

See the tax advantages and downsides.

<div class="Section1"><br /> <br /> There is an exception to the general rule of nondeductibility of policy loan interest expense that is allocable to unborrowed ...

Only permanent life insurance policies, such as whole and universal life, offer loan options — term policies do not. Life insurance loans allow policyholders to access cash value without surrendering ...

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

ANDOVER, MA, September 18, 2025 (EZ Newswire) -- For many entrepreneurs, securing financing through the Small Business Administration (SBA), opens new tab is a critical step in starting or expanding a ...

Life insurance policy loans trip up more people than I thought could ever be possible. It’s not because they’re so complicated, but because they aren’t properly explained to most policyowners. Worse ...

Variable life insurance is a permanent life insurance policy with an investment component. Learn more about how it works and ...

We analyzed policy fees, cash value growth, the reliability of policy illustrations, complaints and more Written By Written by Insurance Senior Editor, Buy Side Amy Danise is the staff Senior ...