Common Contracts
1 similar Policy Loan Agreement contracts
ContractPolicy Loan Agreement • August 3rd, 2016
POLICY LOAN AGREEMENT This agreement is made between Etiqa Insurance Pte. Ltd. (“the Company”) and the undersigned Policy Owner/ Trustee(s) /Assignee, who is the legal owner of the Policy with Policy Number stated in the Schedule under Section A below (“Policy”). The Company has agreed to lend to the Policy Owner/ Trustee(s) /Assignee the amount of loan specified in the Schedule under Section A below. In consideration, the Policy Owner/ Trustee(s) /Assignee shall agree to the terms and conditions set out below: 1. The loan interest charged on the loan will start on the date you applied for this loan, and will be based on the rate agreed in the Schedule under Section A below. The Company reserves the right to change the interest rate at any time. Should there be any change in interest rate, the Company will inform you of the new interest rate 30 days before the effective date.2. Interest is due and compounded on each anniversary of the commencement date of the Policy, and is charged at
