(1) A natural person with full capacity for civil conduct;

(2) Holding valid identity documents of the applicant and the insured;

(3) Holding a life insurance policy with cash value as pledge;

(4) Pledged life insurance policies should be personal policies. If the borrower is the applicant, it must provide written proof that the insured and the beneficiary (if the insured and the beneficiary have no capacity for civil conduct, this article shall be implemented by their guardians) sign and agree to pledge the life insurance policy; If the borrower is the insured, it must provide written proof that the insured and the beneficiary (if the beneficiary has no capacity for civil conduct, this article shall be executed by his guardian) sign and agree to pledge; If the life insurance policy pledged by the borrower is a group policy (single policy), it must have a written authorization certificate from the insured unit and be confirmed by the insured insurance company;

(5) Other conditions stipulated by the lender.

The above contents are for your reference. Please refer to the actual business regulations.

If you have any questions, please contact online customer service of Bank of China.

You are cordially invited to download and use China Bank Mobile Banking APP or China Bank Cross-border GO APP to handle related business.