You can download Fude Life's mobile phone client to apply for a policy loan, or you can apply for a loan at the bank counter with the original policy, ID card and related materials. It is worth mentioning that not all policies can apply for loans, and only policies with higher cash value can apply for loans. For specific loan matters, please call Fude Life Life Customer Service for further information.

Within the validity period of the policy, if the policy has cash value, the applicant can apply for a loan from the insurance company in writing, and the maximum loan amount shall not exceed 80% of the cash value of the policy after deducting unpaid insurance premium and interest, loan and interest at that time, and the loan time shall not exceed 6 months each time.

Policy loan is mainly the loan function provided by life insurance companies for some insurance products. Unlike current savings, insurance can be accessed at any time without affecting the principal. Generally speaking, the payment period of life insurance is relatively long, especially in the first few years of insurance. If you surrender, customers often have some losses. Therefore, in order to prevent customers from cashing in when they are in financial difficulties, insurance companies especially put forward the service of borrowing money from insurance companies with life insurance policies as collateral. Policy borrowing can meet the needs of short-term capital turnover and turn "dead" policies into "living money". Secondly, the policy loan procedure is simple and the loan speed is fast. The speed of applying for policy loans is relatively fast, from a few hours to a few days. Using the insurance policy to make loans, its original protection function is still valid, and it can also participate in dividends at the end of the year.

Short-term accident insurance and health insurance, because there is no cash value, or the cash value is very low, such policies can not be used for policy loans. Although cash value is an important factor in evaluating whether a policy can be loaned, it is not only the policy with high cash value that can be loaned. The most typical example is linked insurance.

As an insurance with investment function, investment-linked insurance with a premium of more than 100,000 yuan is not uncommon, and it will soon accumulate considerable cash value. "Although the investment-linked insurance has cash value, it is impossible to make a policy loan because the value fluctuates with the price of the investment unit and cannot be determined.

I hope the above answers can help you.