Insurance Line of Credit

Our Insurance Credit Line is a Smart Solution for Your Personal or Business Borrowing Needs.

Once you obtain a whole life insurance policy, you can leverage its equity for any personal or business use with our efficient Insurance Line of Credit. Access funds by writing checks and make interest-only payments every month on a line of credit whose interest may be tax-deductible (please consult your tax advisor). You'll get anytime access to your account online, and you can contact local customer service 24/7. We make it easy to obtain an insurance line of credit with a simple application and quick approval.
  • Access equity in your whole life insurance policy to manage your liquidity 
  • Dividends are unaffected 
  • Collateralize multiple policies for a single credit line
  • No application fee, closing costs, inactivity fee or prepayment penalty

Policy must be in effect for at least 12 months at the time of credit application. Insurance policy must be issued by one of the following approved insurance providers to be eligible for IBLOC collateral: Guardian, MassMutual, Northwestern Mutual, NY Life, MetLife, John Hancock, Penn Mutual, Ohio National, and Brighthouse Financial.
*Other restrictions may apply.



Contact us today:

Justin Delle Donne
Vice President
, Team Leader
973.924.8319 office

Justin Delle Donne Investors Bank

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