Can a trustee in an irrevocable life insurance trust borrow money from a life insurance?

if its a cash value policy contact the companies customer service line.

No. Group life does not belong to you.

Life insurance trust. A life insurance trust is used to remove the assets and death benefit of the life insurance policy out of the insured's estate for estate tax purposes. If the insured were to...

Depends on your coverage. The more coverage, the higher the premiums. You of course would not be alive when it pays out, so you would get nothing yourself.

Never heard of it.