Life Insurance

About Life Insurance

Life Insurance

What is a life insurance loan?

A policy loan is the money you can borrow from your life insurance company, using your policy's cash value as collateral. Policy loans have no fixed repayment schedule, but you'll need to repay your insurer with interest.

Can I use my life insurance as collateral?.

Any type of life insurance policy is acceptable for collateral assignment, provided the insurance company allows assignment for the policy. A permanent life insurance policy with a cash value allows the lender access to the cash value to use as loan payment if the borrower defaults.

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SBI Life Insurance

A home is always better than a rented place for the salaried or self-employed. With real estate picking up pace across the nation, the cost for owning a house is always on the rise. Home loans are a much needed help that are readily offered by many banks and they can help you realise your wish of a dream home.

LIC Life Insurance

Life is unpredictable! Provide financial stability through comprehensive protection plans. Any kind of unforeseen risk may arise such as a medical emergency, an accident, a natural calamity or the loss of a loved one. Protect yourself and your family against such risks with our Life insurance plan and get the policy, instantly with just a few clicks. High medical bills wil need not be a worry if you have the right insurance policy in place.