Hi,

I have 2 of the above type policies as follows.

DOC 28/01/2001 For Sum assured 5lac DOM 28/01/2016

28/03/2001                                    5lac            28/03/2016

Around 28/07/2014  I need some funds to meet wedding expenses.

How much loan can I raise on these 2 policies on 28/07/2014? Is it better to take loan and pay interest and ultimately settle the loan from the proceeds of the matured amount on DOM Or liquidate the policies on 28/07/2014?

Thanks