What happens if I already have a life insurance policy in force and I want to get a loan?
The best part is that if you already have a life insurance policy in force and if you want to take a credito no longer need to conclude another life insurance policy. 😃
You can quickly opt for the assignment of the existing policy in favor of the bank.
❗⠀The only condition you need to consider it is that the policy should be concluded for a period at least equal to the duration of the loan, and the insured amount should cover its value. 👍
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