- Official Post
External Content
youtu.be
Content embedded from external sources will not be displayed without your consent.
Through the activation of external content, you agree that personal data may be transferred to third party platforms. We have provided more information on this in our privacy policy.
"Borrowing against a life insurance policy allows you to secure a high cash dividend and then use that policy as collateral for a bank loan of up to 90% of its cash value. This cash injection provides you with usable funds, but it is not legally classified as taxable income or a capital gain."