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Life Insurance for loans?
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JPowell



Joined: 22 Jan 2010
Posts: 38
Location: PA

Posted: Fri Feb 12, 2010 6:33 pm    Post subject: Life Insurance for loans?  

I think I remember reading a topic somewhere that said that life insurance policies were about more than just paying for your coffin and funeral after death. I think it said they could also be used when applying for loans and things as a source of equity or something? Is that actually the case?

Can anyone offer any good advice about that kind of thing? Like can you use your life insurance policy to benefit you when buying a home or something?
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