Scroll down to the «Loan Details» section to see if
your policy is eligible for a loan.
I assume
your policy is eligible for loan.
Not exact matches
If you
're eligible for this kind of
policy, you
're most likely not pursuing an SBA
loan, but
for some high net worth individuals seeking SBA financing to expand due to tied up assets, this may
be an option.
After a hurricane hits, if you didn't have renters insurance to protect your valuables, or you lost additional items that weren't included in your renters
policy, you may
be eligible for a low - interest disaster assistance
loan of up to $ 40,000 to repair or replace items including clothing, furniture, cars, and appliances that
were lost or destroyed in a hurricane.
The ICICI Bank provides a Personal
Loan to all ICICI Bank Account holders, Customers having a relationship with ICICI Bank & also to new Customers who
are eligible for a Personal
Loan as per the ICICI Bank
policy.
The coverage may also
be eligible for policy loans.
In order to
be eligible to exercise this rider, the insured must
be at least 75 years old, the
policy must have
been in - force
for at least 15 years, the Death Benefit Option must
be Option A Level, the
policy must
be in corridor, and the outstanding
loan balance must
be the smaller of 93 % of the
policy value after monthly deductions or (100 % minus the OLPR charge percentage) of the
policy value after monthly deductions.
Hence, surrender value of your
policy is used to calculate the
loan amount you would
be eligible for.
Life insurance
policies, such as endowment
policies, unit - linked insurance
policies and money - back
policies,
for which premiums
are paid
for at least three years
are eligible for loan.
The
policy also should have acquired a surrender value to
be eligible for a
loan facility.
If you
're eligible for this kind of
policy, you
're most likely not pursuing an SBA
loan, but
for some high net worth individuals seeking SBA financing to expand due to tied up assets, this may
be an option.
And LIC website says that
policy is not
eligible for loan.
If Future Generali Group
Loan Suraksha offers tax benefit, then the premiums you pay
are eligible for deduction on tax returns and so
is a part of the money you get on maturity of the
policy.