Hi everyone! Hope you can give me some sage advice. My dad has a whole life policy through American General (AG). He opened back in 1958! I am the beneficiary. Face value is $25K. ETI coverage: approx $28K. RPU coverage: $26,850. My dad still sends them a check reliably every month. He has a $4K loan out against the policy. He did not know he had so much equity built up in the policy, and he is mulling over surrendering the policy, or at least taking out another loan, simply to put that money in his checking account for a rainy day. What should he do specifically and in general? I have learned from AG that I will only receive the face value of the policy when he does pass on, so I am wondering if loans get repaid from the face value, the ETI coverage (don't know what that even means), or the RPU coverage. Your thoughts? Thx!! Kooky emoticons!