What happens if I already have a life insurance in force and I want to get a loan? - IntrebBT | Transilvania Bank
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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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