Collateral Assignment: Banking on Your Life Insurance Policy
“Many consumers forget a life insurance policy is another tool they can use as an asset to borrow money.” – Larry Ziegenfuss, Senior Vice President, Conestoga Bank Borrowing “from” vs. borrowing “against” There’s a trick to borrowing money at favorable interest rates. The trick is having rock-solid COLLATERAL. Collateral assigment also allows you to borrow …
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