Investment Opportunity
An investment opportunity presents itself and you need capital fast.
Short Term Business Needs
You are in business and urgently in need for short term capital.
Emergency Needs You find yourself in an emergency situation where you need funds in a hurry.
Surrender your Insurance Policy?
You don’t need to! We accept policies from all major insurers. Now you can unlock your Hidden Reserves fast! |
1. No need to surrender your insurance policy
You do not need to surrender your insurance policy and lose your coverage if you need cash.
2. Standby for Emergency:
Insurance OD will provide Policy owners with access to cash for emergency purposes
- Short term capital for business
- Emergency funds for unforeseen circumstances
- Investment opportunities
3. Interest is charged only when facility is used
Being an overdraft account, policy holders can draw down their facility as and when required and
required and are charged only for the amount of loan utilized.
4. No need to wait till maturity
Policy owners do not need to wait for maturity of their policies many years down the road to obtain
cash.
5. High loan quantum
Up to 95% of policy cash/surrender value.
How it works?
Simply assign your existing insurance policy to RHB and you will immediately gain access to a standby overdraft facility of up to 95% of the cash value of your policy.
Why Choose RHB IOD
With low interest of only 4.99% per annum, there is no better way to FREE UP your cash. Why pay MORE for other expensive credit lines now that you know, RHB Insurance Overdraft is already available to you!
Note : Interest Rate is subject to compounding if the monthly interest charges are not repaid in full.
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