Can I Borrow Against My Globe Life Insurance Policy? 
Globe life insurance markets term life insurance , whole life insurance , accidental death insurance , mortgage protection plans , and medicare supplements . Two versions of the whole life policies do build up cash value that you can borrow against . The Children 's whole life policy is called `` The Young American Plan '' and there is a Whole Life policy that adults can purchase . The face amounts of Globe policies are pretty low so if you are looking for policies to accumulate cash , there are better options available . 