Term Plan loan is an amount that is borrowed from the insurance company which has to be returned with interest within fixed time. (life.indiainsured.com)
If the borrower leaves his or her job, by choice or not, the balance of any retirement plan loan likely would be due right away. (mymoneycounselor.com)
Using a life insurance plan loan, you can access the funds with a decreased interest rate and flexible repayment terms. (m2insurance.com)