How To Withdraw Money From Life Insurance? 
Assuming youre addressing one of the three types of current assumption universal life insurance , there are a few things to consider before you access your policy cash values . First order an in force ledger . The ledger will display the current and guaranteed values , a good starting place to begin determining if you should withdraw to basis or take out policy loans of gain . If your life insurance policy was issued as a non-modified endowment contract and it has accumulated cash values over 15 years or more you should be able to take your basis out first tax free and free of policy fees . If you need access before 15 years , then policy loans should be used . But be aware of the policy loan charges . 