Can I Borrow Against My Globe Life Insurance Policy?

1. 

   1165 POINTS

   view profile
   Chris Abrams

   Founder, Abrams Insurance Solutions, Inc., San Diego, CA

   Globe life insurance markets term life insurance, whole life insurance, accidental death insurance, mortgage protection plans, and medicare supplements.  Two versions of the whole life policies do build up cash value that you can borrow against.  The Children's whole life policy is called "The Young American Plan" and there is a Whole Life policy that adults can purchase.  The face amounts of Globe policies are pretty low so if you are looking for policies to accumulate cash, there are better options available.

   Answered on May 16, 2013

   flag this answer
Did you find these answers helpful?
Yes
No
Go!

Add Your Answer To This Question

You must be logged in to add your answer.