Loan
Savings and Loans
Savings and Loans The Crisis arose because the Government extended a 100% Guarantee on most Thrift Deposits without taking commensurate measures to prevent unsound banking practices likely to lead to losses. 1990 – AP – The Savings-and-Loan Crisis Causes and Remedies, by Dalton Leonard Anderson – 203p During the past decade, the savings and loan crisis and…
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Loans Liquidity – Policy Loans Policy Loan Premium Loan 1982 0612 – Omaha World-Herald Plan Uses Life Insurance Loans – Called ‘Idle Assets’, by Linda Brenners-Stulberg, The Chicago Sun-Times — [BonkNote] Life insurance companies are also in danger of a major acceleration of loans on outstanding policies at well below market cost of funds if…
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Policy Loans Loans LIRP – Life Insurance Retirement Plan Chris H. McElvaine: …I heard another policyholder at the annual meeting mention that he has taken advantage of his 6% policy loan provision. He has reinvested that money with the same company in an RRSP five-year interest certificate bearing a phenomenal rate of interest. Apparently he…
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Premium Loan Automatic premium loan A loan provision in a life insurance policy allowing any premium not paid by the end of the grace period (usually 30 or 31 days) to be paid automatically through a policy loan if cash value is sufficient. (p134) 2016 – ACLI Fact Book – 186p J. B. WALKER felt…
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