Can I Borrow Against My Universal Life Insurance? 
YES ! You can borrow from an Universal life policy . They are very flexible as in how much you pay monthly . You can pay a little more or a little less but if you borrow against it , you want to make sure to put that money back into it so you do n't lose your death benefit . UVL 's are based on interest rates and right now they 're VERY low so in years , the interest will likely go up and as they go up , so does your cash value and death benefit . It is always a good idea to pay more than the recommended amount anytime you can , this will help you later if you need to borrow against it . 