There is a credit cooperative loan to buy insurance, and people have died of cerebral hemorrhage. Do you want your son to pay back the money?
I don't understand. It has nothing to do with the borrower's death and your insurance. The insurance law stipulates that insurance cannot be repaid as a debt. Depends on who the beneficiary is. The beneficiary is his son. Debt cannot be transferred after death. Unless his son is a guarantor. If there is no guarantor, the debt is dead to the bank.