How to repay Taikang life insurance policy loan

Brand model: Yijia 10Pro

System version: ColorOS 12. 1

App version: V8.0. 19

If you want to repay, you can find the policy that needs to be repaid in the policy service through an official WeChat account of Taikang Life Insurance. In the details of this policy, you can find a message about our loan. Click Repay Now to repay.

Then we will be prompted to pay the principal and interest, and then we need to check a piece of information of the bank card, and then we need to fill in the verification code of the mobile phone and check an authorization instruction, and then we can make the payment and complete the repayment process.

After the repayment is completed, the official WeChat account will push information to us, and Taikang Life Insurance will also send a text message to inform us.

First, how to borrow Taikang policy loans

We apply for a policy loan from the insurance company, so we need to take some information with us. Including the original of our insurance policy, our ID card, our income certificate and so on. You can call Taikang Insurance Company specifically.

Of course, before applying for a policy loan, you should also know whether your products can apply for a policy loan, and some products cannot apply for a policy loan.

Under normal circumstances, there are some savings life insurance, dividend insurance, pension insurance, annuity insurance and so on. You can apply for a policy loan, but some of them do not have this function, so it depends on the provisions of the policy.

Second, how much can Taikang policy loan borrow?

Then the policy loan is generally linked to the cash value of the policy. If we borrow money, it is usually about 70%~80% of the cash value of the policy. If the cash value of our policy is not high, the cost we can lend is relatively small, and this cash value will increase with our annual payment.

If you want to know the cash value of your policy, you can look at a cash value table in the policy contract, and you can see a cash value every year.