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	<title>New answer on: Can You Borrow Money From Globe Life Insurance?</title>

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		<title>By: Stan Cox II</title>

		<link>https://www.insurancelibrary.com/life-insurance/can-you-borrow-money-from-globe-life-insurance</link>

		<dc:creator>Stan Cox II</dc:creator>

		<pubDate>Thu, 15 Oct 2015 23:40:25 +0000</pubDate>

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		<description><![CDATA[As Peggy stated above, if your Globe policy is a whole life policy and has grown some cash value the you should be able to borrow against it. However I would advise you to first find out what the interest rate is and if Globe uses &quot;direct recognition&quot; regarding policy loans. Because Globe is a stock company therefore the policy holders do not enjoy the sharing of dividends as with a mutual company. So you may be better off taking a loan from a bank if you ca get a low interest loan.  For more on how &quot;Direct Recognition&quot; affects a policy loan and why it is imperative that you know their policy before taking a loan, please see the article here: https://www.linkedin.com/pulse/direct-non-direct-recognition-stan-cox-ii?trk=prof-post]]></description>

		

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		<title>By: Peggy Mace</title>

		<link>https://www.insurancelibrary.com/life-insurance/can-you-borrow-money-from-globe-life-insurance</link>

		<dc:creator>Peggy Mace</dc:creator>

		<pubDate>Wed, 16 Jul 2014 17:10:26 +0000</pubDate>

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		<description><![CDATA[If your Globe Life Insurance policy is Whole Life, as many are, you should be able to borrow money from it. You will need to wait until you have paid in long enough to have money built up in the policy to borrow from. Calling Globe and asking for a current illustration should be able to show you how much there is for you to borrow.]]></description>

		

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