Which Life Insurance Can You Borrow Against? 
That is a great question ! There are basically two types of life insurance , Term , and Whole Life . Term insurance lasts only for the duration of the stated number of years in the term , and this type of policy has no buildup of cash . The other type , Whole Life , lasts as long as you do , and over time , builds up a cash value that can be withdrawn as a loan . If you would like more information , please feel free to contact me , I 'm happy to help . Thanks for asking ! 