Borrower must be an individual or a trust that is the owner of a whole life insurance policy.
Yes, you can draw on the line up to the limit provided the loan is being handled according to terms
No, you may pay the line in full at any time without penalty.
Find interest rates here.
The line of credit will mature in three years and will need to be renewed or paid in full.
Yes, the maximum loan amount is $5,000,000.
Yes, the minimum loan amount is $100,000.
Up to 95% of the current net cash value of your whole life policy.