Can Money Be Taken Out Of A Life Insurance Policy? 
Money can be taken out of a life insurance policy if there is enough cash value accumulated , minus charges , to take money out . This can be done by policy loans , surrender , or dividends . A policy loan must be repaid with interest to keep the policy intact . Surrender causes the life insurance to be terminated . Dividends can be taken in cash vs adding them to the policy . Contact the agent or company through whom you have your policy to request a current illustration and see how much money you have available . Then review all your options thoroughly with your agent so that you can safely take full advantage of this great resource you have built up . 