How Much Can I Borrow From My Life Insurance Policy? 
In Canada , he amount you can borrow on your life insurance policy can be as much as 90 % of the cash surrender value . Your insurance agent / broker should be able to get the specific information for you . You should be aware there maybe tax consequences if you borrow in excess of the adjusted cost base . You may want to explore using the policy as collateral at a bank . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . 