NMMS EXAM ONLINE PREPARATION VIDEOS
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01 | MATHS TEST 6 SOLUTION | VIDEO |
02 | NMMS EXAM PAPER 2019 SOLUTION PART 1 QUESTIONS 01 TO 51 | VIDEO |
03 | NMMS EXAM PAPER 2019 SOLUTION PART 1 QUESTIONS 51 TO 90 | VIDEO |
04 | NMMS EXAM PAPER 2019 MATHS FULL SOLUTIONS | VIDEO |
NMMS EXAM ONLINE PREPARATION VIDEOS
LOAN ON POLICIES The loan may be granted on the security of policies
other than Anticipated Endowment Assurance, Ten-year Rural PLI, and Children
policies issued under these rules. Such loans may be granted on the security of
a Whole Life policy, if it has been in force for at least four years, and is
otherwise unencumbered. The maximum admissible amount of loan will be 90% of
surrender value of the policy which will be subject to the condition that the amount of loan should not become less than Rs. 1000/-.
The loan may also be granted on the security of an Endowment
Assurance policy including Joint Life Assurance, if it has been in force for at
least three years. The maximum admissible amount of loan will be 90% of
surrender value of the policy which will be subject to the condition that the amount of loan should not become less than Rs. 1000/-.
NMMS EXAM ONLINE PREPARATION VIDEOS
Application for a loan in the prescribed form available at any Post Office shall be made to the Postmaster/ Manager of Central Processing Centre (GPO/ Head Office) along with the policy document, premium receipt book (in case of cash policy) and loan repayment receipt book (in case of a second or subsequent loan) and disbursing officer’s certificate for the last six months for deduction of premia (in case of pay recovery policy).
The loan application form duly filled in and signed by the insurant, along with the policy document and other documents as mentioned above shall be handed over, against a receipt, to the Postmaster of any Post Office.