Can I Borrow On My Life Insurance? 
Great question ! You can borrow from your policy if it has built up enough cash value . This typically takes a few years to start building a borrowable amount . The first couple of years repays the costs of the policy , and than it will start generating cash . The amount that you borrow will be charged interest , and if the loan balance becomes too large , it may cause the cancellation of your policy . Contact your agent to determine your cash value , and borrowable amount available to you . Thanks for asking ! 