Loan
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DEFINITION OF LOAN:
"Loan - If your policy has accumulated cash value, you may
borrow part of it. Interest rates are generally better than bank
rates. The amount you borrowed will be deducted from your death
benefit until you have repaid it. If your loan and accumulated interest
add up to more than the cash value, the policy will lapse."
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section for more information and tips about getting great value
life or term life insurance.
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