People's Insurance Company of China (PICC) life insurance is an innovative commercial old-age insurance that combines housing mortgage loan with life-long pension insurance. How about PICC life insurance, house-to-house pension and reverse mortgage pension insurance? How about PICC life insurance, house-to-house pension and reverse mortgage pension insurance? Reverse mortgage insurance for elderly housing is an innovative commercial pension insurance business that combines housing mortgage with life-long pension insurance. After the death of the elderly, the insurance company has the right to exercise the mortgage right according to law, and the proceeds from disposing of the mortgaged property will be used to pay the related expenses of the old-age insurance in advance. In other words, the elderly with complete legal property rights mortgage their property to the insurance company, and the insurance company is the mortgagee. With the consent of the mortgagee, the elderly with complete and legal property rights will continue to enjoy the right to possess, use, benefit and dispose of the house, and receive a pension according to the agreed conditions until their death. Generally speaking, PICC life insurance is a new type of housing mortgage for the aged. Old-age insurance can be used to support the elderly, and death insurance can leave a sum of money for the family.