Which of the following values is considered by a bank when it gives loan against LIC policy? (SBI 2014)

Which of the following values is considered by a bank when it gives lo

1.	Which of the following values is considered by a bank when it gives loan against LIC policy? (SBI 2014)
A.	Face value
B.	Surrender value
C.	Insured value
D.	Both [a] and [b]
Answer» C. Insured value

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Which of the following values is considered by a bank when it gives loan against LIC policy? (SBI 2014)

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