Loans from life insurance policies are structured so that the interest rate on the loan is set at the time the loan is made.

Question

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Loans from life insurance policies typically have a fixed interest rate that is established at the time the loan is first made. This means that the interest rate will not fluctuate over time, regardless of changes in economic conditions or other factors. However, it is important to note that the interest rate on a life insurance policy loan may be higher than the interest rate on other types of loans, since the policyholder is essentially borrowing against their own future death benefit.

Loans from Life Insurance Policies Are Structured So That the Interest