loan value of policy

loan value of policy
valeur de nantissement (d'une police) (RL)

English-French insurance dictionary. 2013.

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  • loan value — noun : the amount which the owner may borrow against a life insurance policy, equal to the cash value less interest to the end of the current policy year * * * Insurance. the highest amount of money that can be borrowed against a life insurance… …   Useful english dictionary

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  • Loan modification in the United States — Loan modification, the systematic alteration of contactual mortgage loan agreements, has been practiced in the United States since the 1930s. During the Great Depression loan modification programs took place at the state level in an effort to… …   Wikipedia

  • Loan origination — is the process by which a borrower applies for a new loan, and a lender processes that application. Origination generally includes all the steps from taking a loan application through disbursal of funds (or declining the application). Loan… …   Wikipedia

  • Loan protection insurance — Loan protection insurance, or loan payment protection insurance, is a form of payment protection insurance. This type of insurance can help you protect your monthly loan payments if you become unemployed or suffer an accident or sickness.Loan… …   Wikipedia

  • policy — The general principles by which a government is guided in its management of public affairs, or the legislature in its measures. A general term used to describe all contracts of insurance. See policy of insurance. This term, as applied to a law,… …   Black's law dictionary

  • policy loan — noun : a loan granted by the insurer to the holder of a life insurance policy in an amount no greater than the cash value of the policy * * * Insurance. a loan made by a life insurance company to a policyholder with the cash value of the policy… …   Useful english dictionary

  • Policy Loan — A loan issued by an insurance company that uses the cash value of a person s life insurance policy as collateral. Sometimes referred to as a life insurance loan. Traditionally, these were loans issued at a very low interest rate, but that is no… …   Investment dictionary

  • policy loan — Insurance. a loan made by a life insurance company to a policyholder with the cash value of the policy serving as security. * * * …   Universalium

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