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@wasumaad You can't take a policy loan?

@dreadedskyprophet To follow up on that, some will say you are " paying yourself back " because the dividend you receive is partially from the interest that the insurance company earned by lending out cash. You are a part owner of the insurance company, so if you are paying the insurance...

@dreadedskyprophet No, that's not what I said here. The interest you pay goes back to the insurance company the same as paying interest to anybody else you borrow money from. What I broke down here was how your cash value continues to earn interest separate from the loan interest you are...

@fud10 That depends on whether your policy is a Direct Recognition or Non-Direct Recognition policy. NDR will not recognize that you have a policy loan outstanding, and it will pay interest on the full amount of your cash value. It's not YOUR cash that you're using when you borrow. It's the...

@fud10 IMO, WL is the way to go, primarily for the reason you mentioned; diversification away from the market. If you go with VUL/IUL you're just putting everything right back into the market, and if there are some down years when you get old the policy could blow up. Who is your current WL...