Need A Financial Product Forums Insurance How to apply for loan against LIC policy?

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    How to apply for loan against LIC policy?

    #47653

    Nitin J Shah
    Member

    If a person is a life insurance policy holder, then he or she can raise a loan from it from their insurance provider. The exact amount of loan rely up on the kind of policy a person is holding and the time period for which the insurance policy continues to be in action. The time period for credited amount, the interest charged and other terms and condition of the pay back of the loan amount and other conditions are decided by the insurance provider. The loan raised is a percent of its surrender price.

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