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Community: Investing Wiki

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cash value insurance: Original post by Jennifer Leighton of Demand Media A life insurance policy with accumulated cash value can be used as a form of leverage when applying for loans. Your life insurance policy, typically a whole-life type policy, has gained a cash value over the years, and when you choose to borrow money based on this it is known as an assignment. In many cases you can get an assignment on the cash…

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