How Much Can I Borrow From My Life Insurance? 
Only permanent life insurance has non-forfeiture provisions . These are required in order to borrow money from a policy . The general purpose for these funds is to allow the policy to provide a level death benefit for a level premium . At any time , the company will give you those funds if you surrender your policy . They also allow you to borrow a significant percentage of the funds as a loan . There is nominal interest paid to the company for this loan but it can be taken without explanation . The death benefit is reduced by the amount of any outstanding debt . 