How to borrow the policy loan: Policy loan refers to that the consumer mortgages the policy to the insurance company, and the insurance company lends it to the consumer in the form of loan according to a certain proportion of the cash value of the policy. In the process of policy loan, the policy is still valid and the insurance rights and interests are not affected. In fact, a simple understanding, policy loans and bank car, housing mortgage loans are the same in nature, but policy loans are mortgaged by policies. Insurance company policy loans mostly stipulate that consumers can mortgage 80% of the cash value to insurance companies with policies, and the loan time is 6 months, and the loan interest is generally not high (the loan interest rate needs to refer to the bank loan interest rate at that time). However, it should be noted that not all policies can be loaned, and only policies with cash value can be loaned. Generally speaking, only life insurance, endowment insurance, critical illness insurance and annuity insurance with savings nature can apply for policy loans. The above contents are for reference only, and no loan suggestions are made. Online lending is risky, so choose carefully! I suggest you take the money from Xiaoman Finance (formerly Baidu Finance) to get a loan. The borrower only needs to provide the second-generation ID card and bank card, and the age must be between 18-55 years old. The approval is very fast, as long as 30 seconds at the earliest, and the loan funds can be received in 3 minutes at the earliest. The maximum loan is 200,000 yuan, and the minimum daily interest rate is 0.02%. Xiaoman-Rich Flowers (the second batch) Click online measurement.

Reminder: Try to withdraw cash in full after the quota is issued, because risk control is dynamic. Now the loan is not enough. If there is demand, it is best to withdraw it in full. Support early settlement of repayment after the first installment. Many people don't have enough money to spend. You can try the following two platforms, which are also relatively formal licensed financial institutions! The audit is relatively less strict! 360 IOU is the financial service of 360 antivirus software, and installment music is owned by Lexin, both of which are big companies. 360 IOUs, with a maximum loan of 200,000! Click online measurement

Staging music can be borrowed up to 50 thousand! Click online measurement

Second, what is the process of handling the policy mortgage loan?

1. Not all policies can be loaned. Generally speaking, only life insurance contracts such as life insurance, annuity insurance and dividend insurance with savings nature can apply for policy loans. For most health insurance, short-term accident insurance and medical insurance, there is no loan function because there is no cash value or cash value fluctuation. In addition to not having cash value, some insurance companies also stipulate that if premium exemption, reduction, policy advance, etc. have occurred, they cannot apply for policy loans.

2. Policy loans can only be handled by the insured himself, and cannot be entrusted to others. When handling a policy loan, you must show your identity certificate and insurance contract, and some insurance companies will also ask the insured to sign for confirmation.

3. The conditions for policy mortgage loans are: age 25-55 years old; One of the three items of household registration, work and residence information needs to be loaned locally; Taikang, Xinhua, China Life Insurance and Ping 'an, China, the insured paid their fees normally for more than 3 years, and did not stop paying during the payment period. There was no change of the insured within 1 year.

4, the basic process of policy mortgage loan:

(1) The borrower submits the loan information and fills in the Application for Personal Maximum Policy Mortgage;

(2) The lender sends the original insurance policy submitted by the borrower to the corresponding insurance company for verification and freezing;

(3) The lender and the borrower sign a mortgage loan contract and a mortgage loan receipt;

(4) Lenders lend money according to the contract.

Third, how to do insurance mortgage loans?

Take Taikang Life Insurance as an example. If you want a loan, open the Thai Life APP and open a specific policy. Click on policy service and policy loan, and the insurance company will calculate how much you can borrow from this policy. Click OK, the money will be transferred to your card, and the policy loan will take full effect.

4. Is it necessary to buy mortgage insurance? About how much? Is it through an insurance salesman or a direct bank agent?

Mortgage insurance is necessary. I asked why the bank bought insurance, and the answer was: the purpose of doing so is to reduce the risk of the bank. If anything special happens to your house, it will cause difficulties for the bank.

It's best to go through an insurance salesman. Because: you go directly to the bank as an agent, and people leave tea to cool. If you buy through an insurance salesman, you can get to know one more friend and leave a convenient way for future contacts.

The rate is 7% of the house price.