Common Contracts
1 similar Policy Loan Agreement contracts
AIA SINGAPOREPolicy Loan Agreement • January 12th, 2021
Particulars of Insured and Policy Owner/Trustee/Assignee(s) Name of Insured NRIC/Passport/FIN No. Name of Policy Owner/Trustee/Assignee(s) NRIC/Passport/FIN/Entity Registration No. Name of Trustee (if any) NRIC/Passport/FIN No. The Schedule Policy Number Loan Amount ($) Policy Loan Agreement THIS AGREEMENT is made between AIA Singapore Private Limited (“AIA Singapore”) and the Policy Owner/Trustee/Assignee(s).WHEREAS the Policy Owner/Trustee/Assignee(s) is/are the legal owner(s) of the policy, the number of which is specified in the Schedule (hereinafter called the “said Policy”) AND WHEREAS AIA Singapore has agreed to lend to the Policy Owner/Trustee/Assignee(s) the amount of loan specified in the Schedule (hereinafter called the “said loan”).NOW THIS AGREEMENT WITNESSETH that AIA Singapore and the Policy Owner/Trustee/Assignee(s) in consideration of the amount lent by AIA Singapore hereby mutually covenant and agree as follows:1. That interest on said loan will be at the rate t
