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Is there any bank lend money against my insurance certificate?

I bought a whole life insurance for 100,000. Upon my death, the insurance company suppose to pay me the sum assured written in the policy. Is there a bank in which country in the world which is willing to lend me a reasonable sum by holding my insurance certificate?

Public Comments

  1. If you really need the money, borrow against the policy. Most insurance companies will do that. But, be careful about the repayment terms, also, check to see if that will affect the face value of the policy. I don't think it is a terrific idea, but, if you need the money...
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