))
Policy Loans Explained! | How They Work and What You Need to Know
Manage episode 444044003 series 3582090
コンテンツは Scott Gannon によって提供されます。エピソード、グラフィック、ポッドキャストの説明を含むすべてのポッドキャスト コンテンツは、Scott Gannon またはそのポッドキャスト プラットフォーム パートナーによって直接アップロードされ、提供されます。誰かがあなたの著作物をあなたの許可なく使用していると思われる場合は、ここで概説されているプロセスに従うことができますhttps://ja.player.fm/legal。
Cameron and Scott discuss how policy loans, particularly in the context of life insurance policies with cash value, can enhance financial strategies. The main concept they explain is that with these policies, you can borrow against your cash value (rather than from it) and still allow the original amount to grow tax-free.
Key highlights include:
- Double-Dip Effect: By borrowing against your cash value, your funds continue to grow within the insurance policy while you use the borrowed money to invest in other income-generating assets.
- Flexibility: These loans offer flexible repayment terms, no credit checks, and no application process.
- Leverage: The discussion emphasizes how policy loans allow you to expand both current and future cash flows
- Risks: If interest on the loan compounds beyond the policy’s cash value, it could cause the policy to lapse.
21 つのエピソード
シェア
