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Loan Without Collateral 💰 Criteria to borrow a loan against one's LIC life insurance policy are as follow: ▪️The individual should own an LIC life insurance policy. ▪️The policy should not be a term insurance policy or unit-linked insurance plan (ULIP). ▪️The policy should have acquired a surrender value. The individual should be a citizen of India. Benefits ▪️Low Interest Rate ▪️Not Much Documents Required Documents List ▪️Original policy document ▪️Proof of identity ▪️Proof of residence ▪️Pro
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Borrowing Against Life Insurance
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8.6K views · 53 reactions | If you plan to borrow from your Life Insurance Company, they will collateralize that loan against the cash value of your life insurance policy. Now, in order to utilize this strategy, you want to make sure that your policy was structured the proper way. credit(IG): Rob Ling Chan - @robchanthemoneyman SF0229 | Uplevel Entrepreneur | Facebook
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8.6K views · 53 reactions | If you plan to borrow from your Life Insu…
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