No, after half a year, you only need to pay 20-1.5 million yuan, and after three years, you need to pay 30 times the annual fee in four installments.

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)