Definition of "Delay clause"

Melissa  Thompson real estate agent
Melissa Thompson, Real Estate Agent Keller Williams Realty Cityside

In cash value life insurance policies, provision that allows the insurance company to refuse the policyholder a loan on the cash value for a period of time, usually up to 6 months, from the request date. The only exception is for premium payments due on the policy.

 

Need help from a real estate agent?


Buy Sell Rent

I agree to receive FREE real estate advice.

Are you a realtor and want to become a member?


Residential Rental Commercial

I agree to receive FREE real estate advice.

Have a question or comment? We're here to help.

 

*** Your email address will remain confidential.
 

 

Popular Insurance Terms

Popular Insurance Questions