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1 Click Insurance Funding | 1 Click Capital Service

1 Click Insurance Funding

HOW IT WORKS

Loan against Lapsed Policy :

To fund the premium of policy holders whose policy has lapsed and to enable them to renew their lapsed policy.

Features:

  Loan tenure 3 months to 1 year

  Assignment of policy to NBFC

  Declaration of Good Health

Loan against Existing Policy:

To fund the future premium of policy holders whose policy is in existence till a percentage of their surrender value.

Features:

  Loan tenure 3 months to 1 year

  Assignment of policy to NBFC

  Declaration of Good Health

Loan for purchase of New Policy:

To fund new policy holders interested in enrolling for a new policy by funding finances for their premiums.

Features:

  Loan tenure – 3 months – 1 year

  Assignment of policy to NBFC

  Rate of Interest – 1.25% per month for both traditional and ULIP policies

  Processing Fee – 3% + GST

Set up 1 Click Insurance Funding

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