If you borrow the cash value of your life insurance policy,any amount owed will be subtracted from the face amount of the policy should you die.

Question

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If you borrow the cash value of your life insurance policy, the amount owed will be deducted from the face amount of the policy if you die. This means that your beneficiaries will receive the death benefit minus any outstanding loans or interest owed.

If You Borrow the Cash Value of Your Life Insurance