Can I Take A Loan From My Life Insurance? 
Permanent cash value life insurance policies accumulate tax deferred and have differing account crediting methods : dividends , interest rate , indice and separate sub accounts . Two policy provisions that effect borrowing are surrender charges and policy loans . Policy loans provisions have two sets of rates : current company practice and contractual as well differing methods of charging interest : zero net cost loans , wash loans , spread loans , direct recognition loans and participating loans . 