Is the news of Zijin insurance compensation true?

According to official website, Zijin Insurance Company is a regular insurance company.

Insurance company loan compensation refers to a way that when the borrower is unable to repay the loan due to death or illness, the insurance company will repay the loan on his behalf, and the borrower or his family will repay the loan to the insurance company later. But pay attention to whether it is a text message sent by the company. If it is confirmed that the company sent the text message, it is true. If not, be careful of fraud.