Can a Non-HNW individual obtain any value from a LIRP?

[PrivClientSG]

If you know someone at E&Y, or have direct access to their resource material, check out their recent studies on integrating life insurance (whole life is the focus) and other life insurance products (deferred income annuities) into one's retirement plan. Very interesting reading, and very enlightening.

 

[PrivClientSG]

By the way, not that I am going to jump into the debate about "paying loan interest" and "you are paying back yourself" and all those other statements; however, I will say this, there is a reason why policy loans are reported/carried -- on the life insurance company's financial statements -- as (admitted) assets.

A policy loan is carried/reported as this -- as long as at the unpaid loan balance does not exceed the cash surrender value of the policy (or the policy reserves). Remember, the cash surrender value of a whole life policy is not just the cash value.