All Topics / Finance / Cap. Guarenteed Life Insurance as Laon Collateral

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  • Profile photo of OldFartOldFart
    Member
    @oldfart
    Join Date: 2004
    Post Count: 10
    February 25, 2004 - 8:03 am

    Hello,
    Has anyone negotiated a loan using a capital guaranteed life insurance policy as collateral? e.g. The investor signs up for a capital guaranteed life insurance policy for $X million, makes the first payment then takes the policy to a lender who lends 80% of the face value of the policy.

    Regards
    Brenton

    Profile photo of JetDollarsJetDollars
    Participant
    @jetdollars
    Join Date: 2003
    Post Count: 2,435
    February 27, 2004 - 7:24 am

    I never heard of it, if you find out more info, can’t posted it here if you don’t mine?

    Warm Regards

    ChanDollars
    [Keep going, you’re on your way to financial freedom]

Viewing 2 posts - 1 through 2 (of 2 total)

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