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Can I borrow against the cash value of my life insurance policy?

Asked 2 years ago
Yes, it is generally possible to borrow against the cash value of a life insurance policy issued by Lincoln National Life Insurance, provided that the policy is of the type that accumulates cash value, such as a whole life or universal life policy. This cash value can be accessed through a policy loan, which allows the policyholder to borrow a certain amount of money against the cash value. It is important to note that any outstanding loan balance will accrue interest, and if the loan is not repaid, it will be deducted from the death benefit upon the policyholder's passing. Additionally, it is advisable for policyholders to consider how borrowing may affect their policy benefits and overall financial situation. For detailed information regarding specific policies and their terms, you may want to check the current webpage or relevant documentation.
Answered Jul 22nd 2025

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