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FIG Marketing

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Uncategorized

    How Life Insurance Loans Work
    Uncategorized

    How Life Insurance Loans Work

    written by Dave Henry & Chris Kite

    Updated September 16, 2022, at 2:27 PM

    Loans from cash value life insurance can provide tax-free income if the policy isn’t a modified endowment contract (MEC) and stays in force until death.

    Income will vary depending on many factors, including crediting rates, loan rates, insurance costs, and the type of loan or loan features the policy has associated with it.

    When you take a loan against an in-force policy, you’re not withdrawing the money from the policy itself. You’re taking a loan that the carrier is issuing to you and the carrier is using your policy cash value as collateral.

    Continue Reading
    How Life Insurance Loans Work was last modified: September 16th, 2022 by Dave Henry & Chris Kite
    January 27, 2022
    5 LinkedIn Facebook Twitter
  • FIG NewsPressUncategorized

    PRESS RELEASE: Financial Independence Group Enters Strategic Discount Partnership with Scalable Tax Planning Software Company Holistiplan

    by FIG Marketing October 12, 2021

    Cornelius, NC – October 12, 2021 – Financial Independence Group, LLC (FIG), a leading financial services conglomerate working with independent financial advisors specializing in annuities, long-term care, and life insurance products, has entered a strategic…

    8 LinkedIn Facebook Twitter
  • Uncategorized

    Helping Clients After the Death of a Loved One

    by Sheryl Theisen September 23, 2021

    This guide is intended to help you prepare clients and assist with the unfinished paperwork and decisions that need to happen after the death of a loved one. The information and suggestions…

    6 LinkedIn Facebook Twitter
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