Sentences with phrase «avail of a policy loan»

The policyholder can avail of a policy loan that is a maximum of 90 % of the Special Surrender Value of the policy at the end of the relevant policy year.

Not exact matches

Also, while paying the single premium for the policy you create an asset of it for yourself which can be to avail the loan in case needed.

The term «proceeds and avails», in reference to policies of life insurance, includes death benefits, accelerated payments of the death benefit or accelerated payment of a special surrender value, cash surrender and loan values, premiums waived, and dividends, whether used in reduction of premiums or in whatever manner used or applied, except where the debtor has, after issuance of the policy, elected to receive the dividends in cash.

He further added that loan facility on policies can also be easily availed for the convenience of the customers who have been adversely affected by the calamity.

In case of a financial crunch, instead of surrendering your policy mid-way through your goal realization, you can easily avail loans by putting your life insurance policy up as a collateral.

A Policy loan facility can be availed, provided it does not exceed 90 % of the policy's Special Surrender Value at the close of the relevant policyPolicy loan facility can be availed, provided it does not exceed 90 % of the policy's Special Surrender Value at the close of the relevant policypolicy's Special Surrender Value at the close of the relevant policypolicy year.

If your policy has attained a surrender value, you can avail a policy loan which is a % of the surrender value.

If any top up premium shall be paid under the policy in which loan is availed of, the top up premium will be first adjusted towards outstanding loan and interest on outstanding loan, if any, and the balance available shall be invested in the fund (s) chosen by the policyholder after deduction of applicable charges.

In case of emergency situations, you can certainly avail a loan against your life insurance policy.

I want to avail a home loan & so want to cut down on my expenses & non-profitable policies that I had to do because of relations.

Loan You may avail of a loan once the policy has acquired surrender vaLoan You may avail of a loan once the policy has acquired surrender valoan once the policy has acquired surrender value.

Edelweiss Tokio Life — Wealth Builder gives you the option of availing loans against the policy, subject to certain terms and conditions.

You can also avail loans under the plan of up to INR 5000 minimum to a maximum of 60 % of the policy's surrender value after completing 3 years.

Policy Termination or Surrender Benefit: The LIC New Endowment Plan also comes with a surrender values under which a particular percentage of premium amount is paid back to the insured in case he / she decides to surrender the policy after the completion of 3 policy years and can also availPolicy Termination or Surrender Benefit: The LIC New Endowment Plan also comes with a surrender values under which a particular percentage of premium amount is paid back to the insured in case he / she decides to surrender the policy after the completion of 3 policy years and can also availpolicy after the completion of 3 policy years and can also availpolicy years and can also avail Loan.

Benefits of surrendering the policy or Termination Benefit: The policy acquires a surrender value after completing 3 years of the policy and the insured also gets eligible for availing loans.

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.

The insured can avail policy loan after the policy gains the surrender benefits, on the condition that the loan amount does not exceed 90 % of the surrender benefits.

A policy loan may be availed after the policy acquires Surrender Value, on the condition that the loan amount does not exceed 90 % of the Surrender Value.

A Policy loan facility can be availed, provided it does not exceed 90 % of the policy's Special Surrender Value at the year end of the relevant policyPolicy loan facility can be availed, provided it does not exceed 90 % of the policy's Special Surrender Value at the year end of the relevant policypolicy's Special Surrender Value at the year end of the relevant policypolicy year.

Loans can be availed on the endowment assurance policy following the completion of three years of the plan

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.

A low allocation charge plan which offers flexibility to avail loans and also make policy withdrawals post completion of one year in case of financial emergencies.

A policy loan may be availed after the policy achieves Surrender Value, on the condition that the loan amount does not exceed 90 % of the Surrender Value.

A loan can be availed up to 80 % of the Surrender Value after completion of 3 policy years.

You can avail the following loan amounts, shown here as a percentage of your surrender value, for policy year commencing in the year of:

Facility of availing a loan under the policy for supporting emergency phases of life, provided it has acquired a surrender value, and subject to a maximum amount of 90 % of the surrender value

Payouts is the facility that lets you to avail a loan against your policy, partial withdrawal from your coverage in case of emergency.

There is a feature of availing loan on this policy.

The facility of Loan can be availed by the customer under the New Jeevan Anand policy after payment of premiums for at least 3 full years.

Money back policies offer the option to avail the loan and to obtain a loan, you need to fulfill some conditions such as payment of premiums for at least 3 years» policy period.

Loan amount up to 90 % of the surrender value can be availed under this policy, provided 3 full policy years» premiums have been paid.

Loan facility can be availed under this policy, after payment of three full policy years» premiums.

Can a policy holder avail a second loan on a policy (of course subject to 90 % of SV) before the earlier loan is fully repaid?

The maximum loan amount that can be availed under this policy is up to 80 % of the acquired Surrender Value.

The maximum Loan Benefit that can be availed under this policy is up to 90 % of the special surrender value.

The maximum loan amount that can be availed under this policy is up to 60 % of the surrender value, provided the policy has run for the first policy year.

You may avail of a loan once the policy has acquired a Surrender Value.

Loan facility under this policy can be availed up to 80 % of the special surrender value and it is available after payment of 3 full policy years» premiums.

The maximum loan amount can be availed up to 80 % of surrender value, once the surrender value has been acquired under the policy.

You can avail the maximum loan amount up to 90 % of the Surrender Value for in - force policies and up to 80 % of the Surrender Value for paid - up policies.

The minimum loan amount that can be availed under this policy is Rs 20,000 and the maximum loan benefit is available up to 80 % of Surrender Value.

The minimum loan amount that can be availed under this policy is Rs 20,000 subject to a maximum of 80 % of Surrender Value.

If your policy has a cash surrender value, you can avail a policy loan of up to 90 % of the cash surrender value subject to a minimum availability of $ 10,000.

Allowed within 6 months of Marriage, Child Birth / Legal Adoption or availing a Housing Loan by giving a written notice at least 30 days before the policy anniversary