Can life insurance be loaned?

Question 1: Can life insurance be loaned? What are the requirements for applying for a loan? Conditions for applying for loan business:

Natural persons aged between 18 and 65;

The actual age of the borrower and the loan application period should not exceed 70 years old;

Have the ability to stabilize employment and income and repay the principal and interest of loans on schedule;

Good credit information, no bad records, and legal use of the loan;

Other conditions stipulated by the bank.

Question 2: China Life Loan 1. General insurance can be loaned. I don't know what kind of insurance you have. According to the current new insurance law, the cash value of the loan can be 80%( 10 after 2009), and the previous cash value can be 70%. 2。 Required procedures: the applicant himself brings the insurance contract (the insurance policy should be mortgaged in the insurance company) and ID card. If you can't go by yourself, you can entrust. Fill in a power of attorney, sign it by your parents, and bring your parents' ID card. The insurance company will call parents to pay a return visit (recording). As far as I know, the current loan interest rate is 4. 86%。 In addition, in China life loan, the term is 6 months.

Question 3: Can the life insurance loan be repaid when it expires? When the loan term of life insurance expires, interest is generally paid once every six months, which can last for two years. After paying off the principal and interest for two years, you can borrow again within 24 hours.

Question 4: Can a life insurance policy be loaned? The insurance policy allows loans.

Policy loan application conditions:

1. This policy has been in effect for more than six months.

2. Insurance with monthly premium above 200 yuan.

Application materials:

1, ID card

2. Work certificate

3. Proof of address

4. Insurance policy (three copies can be superimposed)

Quota:

Up to 500 thousand

Question 5: Can life insurance policies be used as collateral? Term life insurance or whole life insurance.

Whole life insurance can mortgage loans, and the specific loan amount varies from family to family.

Question 6: Can life insurance be loaned? You can apply at the local bank.

Application conditions:

1, Chinese mainland residents aged 18;

2. Have a stable address and work or business place;

3. Have a stable source of income;

4. Without a bad credit record, the loan cannot be used for stock trading or gambling.

5. Other conditions required by the bank.

Processing flow:

1. Submit an application to a local bank or lending institution;

2. Prepare various materials required for the loan;

3. Face-to-face signing of banks or lending institutions;

4. The bank examines the qualifications of the lender;

5. Approved and successful loans.

Question 7: If I have life insurance, can I get a life loan? Yes, but it's only 80% of the cash value, and the interest is similar to that of bank loans!

Question 8: Can I get a loan if I buy China Life? Yes, I can.

Policy mortgage loan conditions:

1. The lender is a legal citizen of China, aged18-65;

2. The lender is the insured;

3. The policy has been in effect for more than 6 months;

4, the annual payment of the policy is not less than 2400 yuan;

5. Other conditions stipulated by the bank.

Question 9: Can life insurance be loaned? Whether you can get a loan or not, there are terms in the general policy. Some consumer insurance products cannot be loaned. The simple way is to call the customer service and tell her the policy number, so that she can reply to you directly. If it is an insurance product of Taikang Life Insurance, WeChat pays attention to the official account of Taikang Life Insurance WeChat. After binding its identity, it can be found directly in the policy service. If it is possible to get a loan, it is particularly convenient to operate directly on the mobile phone without going to the company.

Question 10: Can life insurance be loaned?

Can Taikang Life Insurance get a loan?

Taikang Life Insurance can get a loan.

It should be noted that obtaining funds through Taikang life insurance policy loans will not affect the protection of the policy itself. If an insurance accident occurs after the policy loan, you can still apply for compensation, and the insurance company will pay the corresponding insurance money after deducting the principal and interest of the loan, which will not affect the time limit for insurance claims.

To apply for a policy loan, you need to meet the following conditions:

1,18-citizens aged 60, who can provide legal and valid identification.

2. Have a stable job and a stable economic income in the place where the loan is located.

3. Have a fixed residence in the place where the loan is located.

4. No bad credit record.

5. I have purchased the Personal Consumer Credit Guarantee Insurance Policy of XX Insurance Company from the insurance company, and the borrower bought it in my name.

6. Other conditions required by the bank.

Extended data

Precautions:

1. The premise of Taikang Life Insurance policy loan is that it has been insured for more than one year and the insurance account has cash value. Usually, the maximum loan amount provided by insurance companies is 70%-80% of the cash value of customers' policies.

2. Not all insurance policies can be loaned. Individuals who have purchased insurance policies with the nature of saving, such as life insurance, dividend insurance, endowment insurance and annuity insurance, can make corresponding loans in the form of policy pledge according to the cash value of the purchased insurance.

3. Taikang Life Insurance's policy loan is only suitable for short-term and not suitable for high-risk investments such as stocks.

4. The policy loan of Taikang Life Insurance must be applied by the insured or the insured, and it is not allowed to be entrusted. The premium-free policy cannot be used for loans. This situation is more common in children's insurance.