Loan Against LIC Policy | Technical Stock Market Analyst

loan against insurance policy

Loan Against LIC Policy

Loan Against Policy

Now Artha publish a section particularly dedicated for personal finances. An attempt to educate basics and to provide guidance to you on various intricacies of a life insurance contract and the facts that you must know to make the best out of your life insurance policy. Please read our guidelines carefully. Todays article covers Loan against policy .

Policy Loans:

Life insurance Corporation of India can grant a loan to the policyholder against his policy as per the terms and conditions applicable to the policy. The requirements for granting a loan are as under:

• Application for loan with an endorsement of terms and conditions of the loan being placed on the policy.


• Policy to be assigned absolutely in favor of the Corporation.


• A receipt for the lo... http://insurance-a.ucoz.com/news/loan_against_insurance_policy/2013-06-13-3175