The policy can be loaned in the bank, but it must meet the basic conditions of the policy loan. Policy loan application conditions:
1, and the annual policy payment is more than 2,400 yuan;
2. The policy has been in effect for more than half a year;
3. The policy has a certain cash value;
4. The lender's credit information is good;
5. The lender is a legal citizen of China aged 18-65 and has a stable address in China;
6. Other conditions stipulated by the bank. The preparation materials for the policy loan are as follows: 1, ID card, proof of marital status, etc. 2. proof of address: (certificate issued by the neighborhood Committee or invoice for water and electricity payment in recent 3 months); 3. Work certificate; 4. Insurance policy; 5. Other supporting materials as stipulated by the bank. Policy loan application process: 1. The lender prepares relevant materials, fills in the loan application form at the loan bank and submits the materials; 2. Upon receipt of the application, the loan bank will confirm and review the information; 3. After approval, the lending bank will contact the lender and sign relevant contracts; 4. For bank loans, the lender shall fulfill the repayment obligations.
2. Can someone else get a loan with my policy number?
The policy can be directly applied for a loan in the bank, and it can be guaranteed normally during the loan period. The premium paid in the policy period is more than 2400 yuan, and the policy has been in effect for more than half a year without any compensation. Insurance policies have a certain cash value, while auto insurance and consumer insurance have no loan value.
Hello, can I borrow money from the bank with an insurance policy?
Ping An Pratt & Whitney can
4. Can banks use insurance policies for loans?
Banks can use policy loans, but not all banks have this business. And there are certain conditions for applying for policy loans. The specific conditions are as follows: 1, and the annual payment of the policy is 2,400 yuan; 2. The policy has been in effect for more than half a year; 3. The policy has cash value; 4. Good credit information; 5. Lender 18-65 years old, is a legal citizen of China and has a fixed residence in China; 6. Meet other conditions stipulated by the bank. When applying for a policy loan, you should prepare all the necessary materials, including personal ID card, proof of marital status, proof of address, proof of work and insurance policy.