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Yes, it is possible to borrow money against your life insurance policy. But it depends on the type of policy and the company that issued it. Generally, whole life insurance policies pay a lump sum upon death and allow you to borrow against them.
To check the fund value of your LIC (Life Insurance Corporation of India) life insurance policy online, follow these steps:
To download a life insurance policy statement, you typically need to follow the below steps.
Tata AIA Life Insurance Company offers a free-look period during which the policyholder can cancel the policy if they are not satisfied with the terms and conditions and receive a refund of premiums paid. The free-look period is usually 15 days to 30 days from the date of receiving the policy document.
Star Union Dai-Ichi Life Insurance Company offers a free-look period during which the policyholder can cancel the policy if they are not satisfied with the terms and conditions and receive a refund of premiums paid. The free-look period is usually 15 days to 30 days from the date of receiving the policy document.
Shriram Life Insurance Company offers a free-look period during which the policyholder can cancel the policy if they are not satisfied with the terms and conditions and receive a refund of premiums paid. The free-look period is usually 15 days to 30 days from the date of receiving the policy document.
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