Sentences with phrase «obtain loan against your policy»
Not exact matches
IRS Reg 20 -2042-1 Incidents of ownership includes the power to change the beneficiary, to surrender or cancel the policy, to assign the policy, to revoke an assignment, to pledge the policy for a loan, or to obtain from the insurer a loan against the surrender value of the policy, etc..
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For this, you can read the fine print but the better option is to visit the branch to know the surrender value of the policy and how much loan can be obtained against it.