Using permanent life insurance to save on taxes

Simply Explaining Insurance
17/09/2015 9 min
Using permanent life insurance to save on taxes

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Episode Synopsis

Permanent life insurance can be a powerful tool if used and understood properly.  What people need to understand, is that the money in the cash account, can be “borrowed”.  Why is this important?  Why not just cash out the money instead of take a loan?  One simple, mind blowing answer.  You can’t tax a loan. […]
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