A loan from a bank with insurance is called a policy loan, which means that a policy is mortgaged to the bank to apply for a loan. Therefore, the mortgaged policies must have cash value, such as endowment insurance, whole life insurance, endowment insurance, universal insurance and dividend insurance. These policies have cash value and can be used to apply for policy loans. The maximum loan amount of a policy loan is 70%~80% of the cash value of the policy. In other words, the greater the cash value of the policy, the borrower
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