Anyone have whole life insurance policies?

[Allen L.]

I am in the last stage of a whole life insurance policy application. I have a few questions before I proceed with finishing the app:

1. Has the borrow rate historically been lower than the dividend rate? Like before the great recession.. last 15 years was very abnormal.

2. Can you use the life insurance policy's cash value as asset on balance sheet?

3. Can you use the cash value as POF for purchase? I suppose I can take the money out and put into a bank account and then submit it, but that would be a lot more work

4. Anyone want to review their experience with whole life policies as a part of their real estate investing strategy?

The policy is from Mass Mutual fwiw.