Life is about ups and downs. While one phase will allow you to dream big, the other will pull you down. But with LIC even your 'downs in life' are secure. A LIC policy comes with a distinct feature of Loan Against Your Policy which allows you to avail loan against your ongoing policy at a simple rate of interest @ 9.5% charged half-yearly. The amount taken as a loan against policy can be returned in a phased manner to keep the policy running.