This is legit, with one major clarification. When you utilize the 'be your own bank strategy' you are receiving a loan from an insurance company that uses the cash value of your life insurance policy as collateral. It is important to note here that you are not borrowing from the cash value of the policy and in fact, if that money were taken out, the policy would lapse. #Edwardverified Credit(IG): Devin Burr- mr_brrrr SF0145