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Can Life Insurance Be Used As Collateral?
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[QUOTE="Lens1000, post: 147949, member: 37726"] I am aware that the insurance policy can be used as collateral to obtain loan from the bank . This is the more reason why life insurance is a necessity. If your business needs capital for growth, you could approach the insurance company for policy termination. If your submission is granted you will be paid the accumulated fund in your policy. [/QUOTE]
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Can Life Insurance Be Used As Collateral?
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