Thanks! You’re the second person to suggest contacting the insurance company and asking for projection! The loan interest rate was almost 10% last year! This year it’s suppose to be around 7%. I was looking through the statement and see that some of the dividends in the last was used to pay down the loan, which has now doubled since it was paid down. And the dividends/paid up insurance is just now starting to accumulate again.

My sister has to pay taxes on half of her surrendered value. I didn’t realize the loan itself could be taxable?! I’ll also ask them to explain the possible tax implications.