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Is using Life Insurance (or other insurance) as collateral a thing in Canada?
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vonamster is in Canada
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I've read/heard that some people have used life insurance as a collateral for getting loans. Is th is true? I also heard it from a guy trying to sell me insurance lol.

But I read some millionaires have done this. Are there really hidden benefits you can use with your insurance to become wealthier?

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1 year ago