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Life Insurance Policy Loans: What You Need to Know

When you own permanent life insurance, the policy builds equity—also known as cash value. Once accumulated, you can utilize this cash value at any time, for any reason … to cover unexpected expenses, help pay for a child’s education, supplement your retirement income or any other need you may have. One way to do this is by taking a policy loan against a portion of the cash value.

Spotlight

BeneSys, Inc.

BeneSys is a team of dedicated Taft-Hartley Trust Fund Specialists. BeneSys understands the nuances of Taft-Hartley benefit plans. We are experienced and accustomed to programming and administering plans that have unusual benefit plan parameters. Our software system Benefitdriven.com is dedicated to providing our clients and their plan participants with the most efficient tools for self-administering trust fund accounts. Our benefits administration software was developed by administrators, for administrators.

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