Can You Take Out A Loan On Your Life Insurance? 
Yes , with some policies you can take a loan out from the life insurance policy through the issuing company if the policy has been in effect long enough to have accumulated some cash value . The amount that you will be able to borrow from the policy will depend on the amount of cash value accumulated and the restrictions placed on borrowing from the policy by the issuing company . As always read your policy completely to know the coverage and exclusions within the policy or contact your local agent to have them go over the policy with you . 