borrowing against your insurance policy?

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Don't do it unless you can afford to pay it back! Been there done that. It really isn't a wise decision. Yes, interest is lower, but it is easy to say "well it is my insurance and I am paying the policy, etc and I will pay myself back", well what happens is you don't and you will find yourself getting bills for the interst and it is easy to ignore them and then thenext things you know, you may find yourself without insurance. If you have to use it for something, don't use it to pay off other bills or anything like that. Keep if for a dire emergency. It isn't worth messing things up. Also if you have a policy that will pay its self once the dividends kick in, you will find yourself possibly paying premiums again to keep from loosing the insurance. I just really don't recommend it.