Can You Borrow Against A Universal Life Insurance Policy? 
That is a great question ! Universal life policies do accumulate a cash value , so yes , you can borrow from it ; if funded correctly , and assuming that investments work out with the promised returns it should be okay to borrow from . However , this kind of policy is a strange kind of animal . It is only guaranteed to last a certain period of time , and then the cash value becomes the premium that you would have had to pay to keep it going . If you borrow from the value , and are n't very careful , you can tank , or shorten , the life of the policy . Please consult with your agent before you borrow , okay ? If you would like more detail , please contact me , and I 'll fill you in . Thanks for asking ! 