Can You Borrow From A Universal Life Insurance Policy? 
Yes , you can borrow from a universal life policy if there is available cash value to borrow from . Just remember that there are fees involved in borrowing -LSB- such as interest -RSB- that will directly affect your cash value balance . Borrowing from your cash value may be better or worse than borrowing from a bank or other financial institution . Compare the costs of funds before making your final decision . 