Accessing Funds with Policy Loans: Understanding IRDAI Changes and Benefits
India’s Insurance Regulatory and Development Authority (IRDAI) has introduced a new rule to help policyholders. This rule lets policyholders use the cash value of their life insurance policies to get financial help without giving up their policies. This loan option helps people handle unexpected financial needs.
In this article, we will explain the benefits of an IRDAI
policy loan, how to get a loan against your policy, and why it is better
than traditional loans.
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