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27 Edwin has a whole life insurance policy with a $150,000 CSV and a $60,000 ACB. Based on the wording of his policy, he can
27 Edwin has a whole life insurance policy with a $150,000 CSV and a $60,000 ACB. Based on the wording of his policy, he can take a policy loan up to a maximum of 85% of the policy's CSV. He wants to take a lean of $50,000 but does not want to trigger any tax on the loan. What is the maximum loan amount that he can take out without triggering income tax? ZoZQUNERuL1hGZ1140ytLUGwzUT09 O $90,000 b0 $60,000 CO $76,500 40 $51,000 QUINERUL 1hGZ1140ytLUGwzUT09
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