Pacific LifeFAQ client

Yes, with many types of life insurance policies, such as whole life or universal life insurance, you can borrow against the cash value of your policy. This would essentially be a loan from Pacific Life and would decrease the death benefit if not repaid. It's key to remember that borrowing against your policy could have long-term impacts on your policy benefits and tax implications. It's best to consult with a financial advisor before taking such a step. Each policy is unique and you'll want to understand all the ins and outs before making a decision.