Question:

Can you borrow against a term life insurance policy?

by  |  earlier

0 LIKES UnLike

Can you borrow against a term life insurance policy?

 Tags:

   Report
Answer The Question I've Same Question Too

2 ANSWERS

Sort By: Date  |  Rating

  1. No. Term life insurance policies don't accumulate any cash value.


  2. No.  That's why it costs 1/10 the price of whole life.  

    And even for whole life, you can only borrow about 10% of what you've paid into it.
You're reading: Can you borrow against a term life insurance policy?

Question Stats

Latest activity: earlier.
This question has 2 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.
Register Now