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The Hidden Risks of Borrowing Against Your Life Insurance

Borrowing against your life insurance can provide quick cash, but it carries hidden risks. These include reducing the policy's death benefit and accruing interest that can erode its value over time, potentially leaving beneficiaries with less financial support.

Can Filing Too Many Claims Cause Your Policy to Be Canceled

Filing numerous insurance claims can raise red flags for insurers, potentially leading to policy cancellation. It's crucial to understand your policy terms and consider the long-term impact before making frequent claims.

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