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Caution: Usually you can repay the loan whenever you like, but remember, you bought the insurance to protect your family in the event of your death and the amount of loan outstanding when you die will be deducted from the money slated to go to your beneficiaries.
Investment and insurance products and services are offered through INFINEX INVESTMENTS, INC. Member FINRA/SIPC. United Wealth Management is a trade name of United Bank. Infinex and United Bank are not affiliated. Products and services made available through Infinex are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value.