Loan against LIC policy taken 3 years ago. The banker has taken only a xerox copy of the policy at that time and disbursed the loan. Does the banker has the rights to claim the money on the policy from LIC at a later date ?
Loan against LIC policy taken 3 years ago. The banker has taken only a xerox copy of the policy at that time and disbursed the loan. Does the banker has the rights to claim the money on the policy from LIC at a later date ?