English, asked by susmitapatra808, 2 months ago

what is meant by loan policy

Answers

Answered by Nathalie14

0

Answer:

A policy loan is money that is borrowed against future benefits payable under a life insurance policy. You may borrow against a policy's cash value by taking out a policy loan. A policy loan is money that is borrowed against future benefits payable under a life insurance policy.

Explanation:

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Answered by pratiknpriti7978

0

Answer:

A policy loan is money that is borrowed against future benefits payable under a life insurance policy.

Explanation:

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