Can I Borrow Money On My Life Insurance Policy? 
You can borrow money on many life insurance policies . Older policies -LRB- much older , that is -RRB- may have a low fixed interest rate that has not changed . Current whole-life plans , for example , will have a specified interest rate that may fluctuate . Dividends , while not guaranteed , can be withdrawn instead of borrowed although there are ramifications . An experienced full-time broker is your best resource for specific additional information . 