What is a LIfe Equity Line of Credit or “LELOC” | What are the advantages and disadvantages of using one?
The Infinite Wealth Podcast
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Advantage Number Six - Direct Recognition Is Not Non-Direct
Some insurance companies are called non-direct, meaning you're going to get the same dividend whether you have a policy loan or not. But there's other companies that they're called direct recognition, meaning if you have a loan, you may get a lower dividend on the apart that you have loaned out. And but I will say those companies typically pay a higher dividend. So when we've done the math, comparing a direct and non- Direct, the direct recognition has higher dividends.
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