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  • LIC ADO Exam 2007 - General Knowledge and Current Affairs
  • As per present policy of the LIC, loans are granted on un...
Multiple choice

As per present policy of the LIC, loans are granted on unencumbered policies upto what per cent of the surrender value ?

  1. 60%

  2. 70%

  3. 80%

  4. 90%

  5. None of these

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

LIC generally grants policy loans up to 90 percent of the surrender value for policies that have acquired a surrender value.

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