The insured pays, that is, the borrower.
2. Who owns the personal loan guarantee insurance policy?
Whose policy is the personal loan guarantee insurance? Personal policy loan is a loan obtained from an insurance company with the cash value of life insurance policy as the guarantee. The one-time loanable amount of such loans depends on the effective year of the policy; The age of the insured and the amount of compensation for death when the policy is issued.
The so-called personal policy loan refers to a loan method in which the insured mortgages the policy he holds to the insurance company and obtains funds according to a certain proportion of the cash value of the policy. Since the customer's insurance protection is not affected in this process, the policy is still valid. Loans obtained from insurance companies are guaranteed by the cash value of life insurance policies.
Third, the loan contract and the loan receipt are stamped with the official seal and the legal person seal, but the legal person is not signed by himself. This is because the company hides whether the contract signed under false name is
The contract is valid! Nothing wrong with the case! Lawyer Zhang from Shandong!
4. How should the insured sign the policy loan?
The policy loan needs the beneficiary's signature. Because the policy loan will affect the effectiveness of the policy to a certain extent and is closely related to the interests of the insured and the insurance beneficiary, the insurance company will require the beneficiary and the insured to sign the policy when applying for the policy loan. Usually, the insured can't apply for a loan for more than 6 months.