InvestorsHub Logo

HiddenGem69

09/29/13 4:10 PM

#3144 RE: HiddenGem69 #3142

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.