Of course. Now there is a policy loan method!
Policy loan application conditions:
1. This policy has been in effect for more than six months.
2. Insurance with monthly premium above 200 yuan.
Application materials:
1, ID card
2. Work certificate
3. Proof of address
4. Insurance policy (three copies can be superimposed)
Second, is Ping An Bank's policy loan cost-effective?
Policy loans are cost-effective. Generally speaking, the loan interest rate of Ping An policy loan has little change with the benchmark interest rate of bank loan, which is based on LPR interest rate. According to different insurance companies and insurance products, there will be a certain range of fluctuations, and the maximum will not exceed 36% of the LPR interest rate.
Ping An policy loan interest is not high, which belongs to the general stage. Policy loans get funds very quickly and the procedures are convenient, generally within 10 working days.
3. Can Ping An Insurance use a policy loan?
Ping An Insurance can borrow money by policy, but only for customers who have insured Ping An Life Insurance Company of China. If they are insured with Ping An property insurance, accident insurance and travel insurance, they can only apply for loans through Ping An Bank. Under normal circumstances, the policy loan of Ping An Insurance is guaranteed by the cash value of life insurance policy, and the value of non-life insurance policy is too low to apply for policy loan. Ping An Insurance's policy loan interest rate is as low as 4.25%, which is lower than the bank loan interest rate.
4. Can I get a loan from Ping An Policy?
Ping An Insurance Policy Loan Method:
During the validity period of the main insurance contract, with the consent of our company, you can apply for a policy loan from our company, and the maximum loan amount is 80% of the cash value of the policy at that time. If necessary, you can borrow money through this project.
Customers go to the customer service center to inquire about the customer service center and cooperative bank of China Ping An Life Insurance Company of China Insurance Company, and make an appointment to visit the counter.
Documents to be prepared:
When the applicant and the insured are the same person:
① Application for change of insurance contract (policy loan/repayment category)
② Identity documents of the insured.
(3) A current settlement account with the insured as the account name.
When the applicant and the insured are not the same person:
(1) application for change of insurance contract (policy loan/repayment) (signature of the insured is required without authorization of the insured).
② Identity documents of the insured.
(3) A current settlement account with the insured as the account name.
(4) the identity document of the insured.
The customer entrusts the salesman/others to go to the customer service center for handling.
Documents to be prepared:
When the applicant and the insured are the same person:
① Application for change of insurance contract (policy loan/repayment category)
② Power of attorney
③ Identity documents of the insured.
(4) the identity certificate of the agent.
⑤ Current settlement account with the insured as the account name.
When the applicant and the insured are not the same person:
(1) application for change of insurance contract (policy loan/repayment) (signature of the insured is required without authorization of the insured).
② Power of attorney
③ Identity documents of the insured.
(4) the identity document of the insured.
⑤ ID card of the agent
⑥ Current settlement account with the insured as the account name.
Extended data:
applicant
Policy-holder (if the policy-holder and the insured are not the same person and the insured is not authorized, the insured must authorize)
Acceptance time
Within the validity period of the policy
Important note:
1. If the insured has authorized it, there is no need to authorize it again;
2. When entrusting a salesman, the trustee is limited to the service personnel of any valid policy under the customer's name;
3. When entrusting others, the trustee is limited to the applicant's parents, spouse, children and other immediate family members.
List of interest rates for policy loans and self-raised funds