Loan value is a percentage of –

A. Paid up value

B. Surrender Value

C. Revival Value

D. None of the above

Answer: Option B

Solution(By Examveda Team)

Loan value is a percentage of Surrender Value. The loan amount you can take out is a percentage of its surrender value. Usually, loans can be availed up to 80-90% of the surrender value of traditional plans with guaranteed returns.