The availability of insurance loans, that is, policy loans, is a kind of credit behavior that the insured applies for a certain amount of loans from the insurance company with the policy as collateral and repays the principal and interest of the loans at maturity.

However, policy loans are conditional. Generally speaking, they are guaranteed by the cash value of life insurance policies and loans obtained from insurance companies. Such as old-age security, whole life insurance, old-age insurance, annuity insurance, dividend insurance, etc., you can generally make a policy loan after one year of insurance. The loan amount generally does not exceed a certain proportion of the cash value of the policy, and at the same time it needs to bear certain loan interest. For short-term accident insurance, medical insurance and term life insurance, there is no loan function because there is no cash value. In addition, it is usually impossible to apply for loans for policies that have been exempted from premiums, automatically paid premiums and are applying for claims, depending on the terms of each insurance company.