China Life can only borrow once for each sub-policy, and the amount that can be borrowed again in this policy will be cleared after the loan occurs.

The decrease in loan amount of China life insurance policy is due to the decrease in cash value after borrowing, which leads to the decrease in loan amount. China Life's policy loan is 80% of the cash value of the borrowed policy, not the premium. Borrowing 80% of the cash value when making a policy loan will reduce the cash value of the policy. The term of the policy loan is 6 months and the interest rate of the policy loan is 5.5%. Loans can only be made by the applicant himself, and no entrustment is accepted. If the applicant and the insured are not the same person, the insured needs authorization.