Are you wondering whether you can borrow money from your life insurance policy? Yes, it is possible provided your policy has accrued cash value that can be used as collateral. The primary purpose of a life insurance policy is to provide death benefits in the event of the insured person’s demise. However, there is an added benefit that allows you to borrow against your policy’s cash value once you have paid enough premiums. Though it might come across as an effortless way to acquire a quick Read More