How To Borrow Money From Life Insurance? 
Cash value life insurance accumulates tax deferred . You can access cash value life insurance via withdrawals to basis and policy loans of gain . There are rules to withdrawals of basic that govern the first 15 years of a life insurance policy , so be aware of it before withdrawing . Withdrawals of basis may be tax free as are loans provided the contract is kept in force for the life of the insured . Policy loans charge interest as well . 