Life Insurance

Can you borrow against anticipated death benefits from a term life insurance policy?

User Avatar
Wiki User
2007-06-21 12:25:47

No. It is term life so there is no value unless you die. you can

sell it however and there may also be a terminal illness benefit or

nursing home benefit if either apply.

Copyright © 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.