Can I Borrow the Cash Value of a Swiss Life Insurance Policy?

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  • BenutzernameMoneyland User Questions
  • Status Member
  • Registriert seit1/27/17
  • Beiträge2142

In the U.S. it is generally possible to borrow the cash value of your life insurance policy. Is that possible in Switzerland too?

 
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  • Benutzernamethetownclownsa
  • Status Member
  • Registriert seit1/25/17
  • Beiträge88

Does anyone have more information on this? Is it possible to borrow against the cash value of whole life insurance?

 
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  • BenutzernameMoneyguru von moneyland.ch
  • OrtSchweiz
  • Status Expert
  • Registriert seit8/4/15
  • Beiträge4002

Hi there,

Yes, it is possible to get loans collateralized by the cash value of permanent life insurance. In Switzerland, this kind of loan is called a policy loan. You can find detailed information about Swiss policy loans in the moneyland.ch guide to life insurance policy loans.

Best regards from Moneyguru