Take China life insurance policy loan as an example, the process is as follows:

(1) Prepare all the information required for the insurance policy, including the original personal ID card (if the applicant and the insured are not the same person, the original ID card of the insured should also be prepared), the original insurance policy, the bank card number and the information specified by the life insurance company, and apply for a loan at the counter of the life insurance company.

(2) The counter staff accepts the application and reviews the information.

③ After examination and approval, the insurance company determines the loan amount and signs a loan contract with the borrower. After the contract is signed, the insurance policy is left to the insurance company as collateral, and the insurance company issues loans.

Note: The loan amount of the policy is 80% of the cash value of the policy.