Secured loans are a type of lending that requires collateral. For instance, when you get an auto loan, you use the car you’re purchasing as collateral against the loan. If you default, the lender can ...
LIFE insurance is often seen as a payout to beneficiaries after death, but globally it also carries what are called “living benefits”. These include the ability to use a policy as collateral for loans ...
This article was published on March 25, 2025, at 5:39 p.m. on the ChosunBiz MoneyMove site. Corsair Capital, a private equity firm that has held a stake in Kyobo Life Insurance since 2007, has opted ...
Steven J. Glaser of Moses & Singer discusses issues presented when a creditor wishes to take a life insurance policy as collateral, including the creation of a security interest in the policy, ...
Life insurance strategies could help wealthy families remove assets from their estates while acting as the collateral for loan financing and a source of tax-free distributions. Processing Content ...