See Also: Policy Loan(money)
Policy loan(finance)
Loan protection policy(finance)
Tight money or dear money(finance)
Policy(finance)
policy(dictionary)
policy(dictionary)
policy(2)(dictionary)
policy(medicine)
policy(1)(dictionary)

Policy Loan (money)


Definition: Loan from an insurance company secured by the cash surrender value of the insurance policy.

Definition: [crh] A loan often made at a below-market interest rate from an insurance company to a pDefinition: olicyholder that is secured by the cash surrender value of a life insurance policy.