A gentleman bought a high insurance of 654.38 million yuan in Qingdao Branch of PICC Life Insurance Company. When signing the contract, the insurance salesman told him that he could apply for an unsecured loan with the policy when necessary. ?

A gentleman came to the insurance company with a try attitude, but he didn't expect to get a small loan directly from the insurance company. According to the relevant regulations, Mr. Ji got a loan of 75,200 yuan, accounting for 80% of the cash value of his policy of 94,000 yuan, while the loan interest for half a year was only 5.5%, that is, 75,200× 5.5%/12× 6 = 2,068 yuan. "Don't need real estate mortgage, also don't need a guarantor. A policy can get tens of thousands of personal consumption loans. And if I still need funds after half a year, I will apply to the insurance company and I can use it all the time after paying interest. " Mr. Ji said that idle insurance policies are used to make unsecured loans in order to quench the thirst of citizens for short-term microfinance.

In the interview that the mortgage loan can be obtained within 10 days at the earliest, Zhu Chao, regional manager of bancassurance department of Qingdao Branch of PICC Life Insurance Company, told the reporter: "Policy loan is a short-term financing. After signing a policy contract with an insurance company, the applicant can apply for a pledge loan with the policy when he is in urgent need of funds. The insurance company will provide the insured with a cash loan of 70% of the cash value of the policy, with a term of 6 months and interest of about 6%.