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livemint.com > money > personal-finance > pledged-your-life-insurance-policy-for-a-bank-loan-ncdrc-says-lender-can-surrender-it-without-consent > amp-11788253311775.html

Pledged your life insurance policy for a bank loan? NCDRC says lender can surrender it without consent

1+ week, 4+ day ago   (684+ words) Taking a loan against a life insurance policy can provide access to funds without requiring the policyholder to sell the investment. But what happens to the policy if the loan is not repaid? A recent order by the National Consumer…...