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Re: HiddenGem69 post# 3142

Sunday, 09/29/2013 4:10:42 PM

Sunday, September 29, 2013 4:10:42 PM

Post# of 4161
Yeah. Instead, the cost of permanent life insurance is financed through major lending institutions. Policy cash values provide collateral and are later used, in part, to retire the loan including principal and interest. The policy holder’s assets remain in place and need not be used to pay insurance premiums.