Can I Borrow Against My Globe Life Insurance Policy?

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May 16, 2013

Chris Abrams

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.

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