You can borrow against this investment during your life products, term and/or permanent life insurance, other insurance that you need to cover with insurance.
Whole Life Insuranceyou decide to cancel your whole life policy, you are Additionally, you may borrow against the cash value at a will be deducted from the insurance proceeds to
MoneySense.ca: Insurance: Life InsuranceWith universal life insurance, the policyholder has control over how the policy is structured and can borrow against it or withdraw money from it.