Sentences with phrase «avail loan against his policy»
Also, the insurance plan provides loan advantages under which the insurance holder can avail loan against his policy.
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Edelweiss Tokio Life — Wealth Builder gives you the option of availing loans against the policy, subject to certain terms and conditions.
Payouts is the facility that lets you to avail a loan against your policy, partial withdrawal from your coverage in case of emergency.
Endowment policies offer the option to avail the loan against the policy.
Not exact matches
If faced with a liquidity crunch, it would make more sense to avail a loan against your insurance policy.
You may avail a loan against a life insurance policy that has a Surrender Value.
In case of emergency situations, you can certainly avail a loan against your life insurance policy.
Yes, loan can be availed against the specified policy once it acquires a surrender value.
Loans against life insurance policies can be availed to the extent of 80 % -90 % of the surrender value.
Some money back policies offer a loan facility i.e. a loan can be availed against the policy during the policy term, subject to certain terms and conditions and the production of satisfactory title.
However, life insurance is a far more versatile investment option nowadays, also giving policyholders the benefit of availing a loan against the life insurance policy.
As a policyholder, you have the right to avail a loan against your insurance policy which can be extremely beneficial for investors with limited assets.