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Author: chuck79 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76080  
Subject: Re: Variable life Insurance policies? Date: 6/29/2001 3:05 PM
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so what about all the tax benefits this financial planner guy showed me after the VUL matures or does whatever it does, he told me it will come out tax free because i can borrow against my own policy and it creates a wash account - no interest payment, no taxes because it's essentially a loan from yourself. do you know what the flaw of this is?????
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