Hello, thank you for your support. In fact, you haven't made things clear in your situation. First of all, there may be two types of insurance you insure: 1, mortgage insurance, and the beneficiary is agreed to be a bank. This kind of insurance is required by the bank in order to prevent the lender from repaying the loan. The bank's rights and interests are that you borrow 600,000 yuan. So the bank received the compensation. Your loan in the bank should be deducted accordingly. Take this situation as an inappropriate example: suppose one day your house is completely burned down, you can't pay back the bank's money, and the bank's collateral is gone, and the insurance company compensates the bank for 600 thousand. So the first situation is to protect banks. 2. Family property insurance, both the applicant and the beneficiary are you. The insured amount is generally the actual value of the subject matter. For example, your house and facade may be worth 6.5438+0.2 million, so the normal full insurance amount is 6.5438+0.2 million. This kind of insurance is to protect yourself. The reason why the bank requires you to insure this is because you are afraid that you will have no money to repay the loan to the bank after you lose your house. Then the insurance company will compensate you, and you will continue to repay the loan to the bank. The bank has no losses. As for how to compensate, how much compensation is appropriate, because there is no detailed policy information and the amount of loss items, so I can't give you an accurate answer. You can add me or send me an email.