Financial Flexibility with Life Insurance Loans in India
Need quick funds without compromising your investments? A loan against life insurance policy is a practical and secure option for many Indians. These life insurance loans offer low interest rates and quick approvals since your life insurance serves as collateral. This type of secured loan is ideal for emergencies, business needs, or large expenses. You can typically borrow up to 80-90% of your policy’s surrender value, making it a reliable source of funds. Whether you\'re looking to avoid breaking fixed deposits or need a backup for your financial planning, an insurance policy loan in India is worth considering. It ensures liquidity while your policy continues to offer protection.