Can You Borrow from a Life Insurance Policy?

 

In this brief Content Factory video, Kim Butler, Founder of Prosperity Thinkers, explains the concept of borrowing against a life insurance policy. She clarifies that whole life insurance, which has a cash value, can be used as a living benefit, allowing policyholders to borrow against it. In contrast, the cash value continues to grow. Butler, a financial expert, is known for promoting simple, practical financial concepts through Prosperity Thinkers, an organization dedicated to financial education and empowerment. This video sheds light on the often-misunderstood aspect of life insurance, demonstrating its potential as a financial tool for the living, not just a benefit after death.

Recent Episodes

For Scott Stevens, a veteran of the semiconductor and PC industry, it’s not just the innovation and technological revolutions that mark the timeline of his journey. More precious are the personal milestones: the births of his three children, Jenny, Will, and Cole. As a dedicated father, he prioritized carving out time during his bustling…

In this episode of The Apple One Podcast’s Career Paths series, host Brett Howroyd speaks with Catherine Hyodo, LA Metro Market Managing Partner at Grant Thornton, about careers in professional services. Catherine shares insights from her 30-year career, highlighting the dynamic opportunities in auditing, tax, and consulting for clients ranging from startups to Fortune 500…

Professionals often juggle the competing demands of work, family, and personal growth while striving to achieve their goals. The increasingly blurred boundaries between personal and professional life make this balance more challenging than ever. Asha Strazzero-Wild offers actionable insights into how discipline and intentionality can help harmonize these priorities. Burnout affects more than 70% of professionals…