Q890
Loan value is a percentage of –
A.
Paid up value
B.
Surrender Value
AnswerC.
Revival Value
D.
None of the above
Answer: Option B
Solution
Answer: Option B
Solution:
Loan value is a percentage of Surrender Value. The loan amount you can take out is a percentage of its surrender value. Usually, loans can be availed up to 80-90% of the surrender value of traditional plans with guaranteed returns.