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What is an insurance loan? I see that several companies have a business called policy loans.
There are two types of policy loans:

One is the policy cash value loan, that is, 80% of the policy cash value is used for borrowing, but the longest term is 6 months.

The second is to make credit loans with insurance policies, such as Ping An New Loan.

After the third anniversary of the policy, you can borrow 20-50 times the annualized premium, but there are requirements for the company loan amount of the policy.