policy loan

English - Turkish

Definition of policy loan in English Turkish dictionary

(Sigorta) İkraz, sigorta poliçesi devam ederken sigortalının ödediği primlerin birikiminden borç alması (bu durumda poliçe teminatları aktif olarak devam eder)

English - English

Definition of policy loan in English English dictionary

A loan often made at a below market interest rate from an insurance company to a policyholder that is secured by the cash surrender value of a life insurance policy

Hyphenation

pol·i·cy loan

Turkish pronunciation

pälısi lōn

Pronunciation

/ˈpäləsē ˈlōn/ /ˈpɑːləsiː ˈloʊn/