| Title | : | Can You Borrow From A Life Insurance Death Benefit? (Canada) |
| Lasting | : | 24.57 |
| Date of publication | : | |
| Views | : | 3,2 rb |
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If I borrow from my policy to make an investment in something, do I need to compare the loan interest rate I am paying against the investment return I am receiving before deciding if it makes sense to go ahead? Comment from : Graham Fitzpatrick |
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Comparing CV loans vs real estate helps with understanding Applying more principal towards home equity and PUAs have similarities, both require interest to access & the amount available are discounted based on leverage value However the DB has at least 2 extra non-cash benefits- tax free proceeds to benefictionary & ABR for chronic/critical/terminal health problems Comment from : Dail Stancill |
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