1. Prepare all the materials required for the loan, including the original personal ID card (if the applicant and the insured are not the same person, the original ID card of the insured should also be prepared), the original insurance policy, the bank card number and the information specified by the insurance company, and apply for a loan at the lending institution.

2. The staff of the lending institution accepts the application and reviews the information.

3. After approval, the banking institution determines the loan amount and signs a loan contract with the borrower. After the contract is signed, the insurance policy is left to the lending institution as collateral to issue loans.

4. The borrower shall repay the loan principal and interest as stipulated in the contract.