Policy loans from a life insurance contract kept in force for the life of the insured can generate tax advantaged income. But policy loan provisions are varied and not necessarily guaranteed from carrier to carrier.
Today on the Business Insurance Zone, national insurance columnist Steve Savant and co-host Eric Palmer discuss current company practice versus contractual guarantees, including variable and fixed policy loans and the unaddressed policy loan accrual charges over the distribution period.
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Syndicated financial columnist Steve Savant hosts the weekly video talk show for consumers entitled, Right on the Money and anchors the weekend news update On the Money News.
Steve is also the host of the daily producer show, Thought Leaders. Steve is of the top online author and videographer of... More