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?
China life insurance policy loan
Bank of China provides life insurance. Life insurance policy refers to your personal business of taking the unexpired life insurance policy as pledge, obtaining a certain amount of RMB loan from the bank and repaying the principal and interest of the loan on schedule.
The above contents are for your reference. Please refer to the actual business regulations.
How does China Life get a loan?
China life insurance policy loan conditions are:
1. The insured's policy has been paid for more than 2 years and has a certain cash value.
2. The policies insured by the insured allow users to make loans, such as savings insurance, dividend insurance and annuity insurance.
3. The applicant has a stable and lawful income.
The purpose of the applicant's loan is to use, not to invest in stocks.
5. Other conditions stipulated by China Life.
The loan steps are as follows:
1. For the China life insurance policy loan, it is necessary to prepare all the information required for the loan, submit the application to the lending institution and wait for the institution to review the lender's information;
2. After examination and approval, the bank determines the loan amount and signs a loan contract with the borrower;
3. After signing the contract, leave the insured policy to the lending institution for mortgage and loan issuance; The borrower repays the loan principal and interest as agreed in the contract.
The required conditions are:
1, age 18-60 years old;
2. Citizens who can provide legal and valid identification;
3. Have a stable job and a stable economic income in the place where the loan is located;
4. There is no bad credit record, which meets the requirements of credit reporting.
Policy loans are strictly mortgage loans, and collateral is a policy. In the process of mortgage, insurance protection is not affected. The mortgage of most policy loans is the cash value of the underlying policy, and most types of insurance are "life insurance". The amount of the policy depends on the effective year of the policy and is related to the age of the insured and the amount of compensation for death. Simply put, the policy loan amount is related to the policy underwriting period and the age of the insured, and generally does not exceed the death compensation amount.
However, each insurance company has different regulations on policy loans. Generally, only loans for endowment insurance, whole life insurance, endowment insurance and universal insurance are supported, and other short-term insurance does not support this loan. In short, the amount of policy loan is related to the cash value of the policy, which can be found in the insurance contract. Assuming that the cash value of the policy is about 20,000 yuan, the loan will generally not exceed 20,000 yuan. With the increase of the underwriting period, the cash value of the policy will also increase, and the amount of the loan will also increase.
How to borrow a loan from China Life?
1. Borrowing is not a function of all contracts. That depends on whether you have it in your terms. For example, China Life Hongtai's old-age security (dividend-sharing) has no borrowing function. If there is a loan clause in the terms, it means that it can be borrowed. The maximum amount of loans. It depends on how many years you bought it, mainly according to the new insurance law, that is, before 2009 10. The maximum loan amount is 70% of the cash value, followed by 80% of the cash value. The interest rate of the loan. Every company is different. Before 20 1 1, China Life was 5.56%, and after 20 1 1, it was 6.56%. This is floating, mainly because the company is formulated under the premise of legal compliance. Borrowing time. China Life's longest loan period is 6 months. This does not mean that it can only be borrowed for six months, but only once every six months. The trial calculation of your loan is also based on this time. If you can't repay after 6 months, you can continue to accumulate loans without any formalities. Cumulative square test: loan interest for 6 months of loan principal = refinancing principal. Then calculate the loan interest with the new loan principal until the cash value is not enough to pay the loan. Emphasize that the loan interest rate will be settled on the repayment date. If your insurance contract expires, the loan interest will still be calculated, so it is the responsibility and obligation of the insured to repay the loan as soon as possible.
This is the life insurance loan and China life insurance loan launched at the end of the year. I wonder if you have found the information you need?