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Most homeowners don’t hesitate to refinance their mortgages when interest rates go down, if the resulting savings outweigh the costs of refinancing. However, many don’t realize that a similar “refi” strategy can be applied to another commonly-owned asset: cash value life insurance.

In this month’s on-demand webcast, OJM Group principal Jason O’Dell discusses seven reasons why owners of cash value life insurance may want to consider an exchange or “refi” of their existing policies.