Should I buy insurance for the loan?

In the case of online lending, buying insurance is actually guaranteed. I am afraid that if you don't repay the loan and can't find you, he can find an insurance company, and the insurance company will bear the risk.

1. The purchase of home insurance is voluntary, and there is no compulsory requirement to purchase such insurance in countries with mortgage loans. 2. If the bank says that loans cannot be issued without insurance, is it because this house is a demolition house, a dangerous house, a relocated house, a house within the red line, and a second-hand house with a house age of more than 20 years? If this happens in a new house, you can get the receipt certificate and report it to the local CBRC.

I can tell you this is a lie! If you do, congratulations on winning the lottery.

Bank loans and bank insurance wealth management products are two different types of business, which can be said to be irrelevant. Bank financial insurance is the business of bank agents, and any insurance is voluntary and cannot be imposed on other businesses of banks. This situation you are talking about must be a sales promotion method used by bank staff to complete their performance. At present, among the insurance complaint cases, bank agents have the largest number of bank insurance complaints, accounting for more than 70% of the total insurance complaints. Therefore, many people have encountered your problems and asked their staff to handle the normal loan procedures for you, otherwise you can complain to the CBRC.

Loans and car insurance are comprehensive, so it is necessary to buy burglary insurance. In addition, there is no discount for new cars, and it is necessary to buy commercial insurance for two years, which means that there will be no discount for both insurances, so it is very uneconomical to insure cars with loans. Go to Xi 'an Forum website to check the answer details.

There is no need to buy insurance. There are no relevant laws and regulations, and you can refuse.

There is no rule, you can not buy it.

That's because I'm afraid that if you don't pay the loan, then the bank will get compensation from the insurance company, which won't affect the buyer.

The loan is not to buy death insurance for me, but some banks will buy death insurance for him, which is a kind of risk transfer. For example, if a person owes a bank loan, but he is unable to repay it, the bank will give the loan certificate to the insurance company and make an insurance policy for him. If this person dies unfortunately, the insurance company will compensate the bank for the loss. Of course, if you pay back the loan, I think the bank will let you pay back all the money he paid, and that's almost it.

Put away the full text

Do I need to buy insurance for my personal loan?

Apply for personal micro-loan and be forced to sell insurance by the bank? Recently, it has been reported that citizen Xiao Zhang was asked to buy insurance when he borrowed from a lending institution. When Xiao Zhang refused, the lending institution even said, "If you don't buy insurance, don't lend." Do I need to buy insurance to borrow money? Is it legal for lending institutions to buy and sell hard?

Citizen's reaction

Credit clearing loans must be insured last.

At the beginning of this year, Sean took his household registration book, ID card and marriage certificate to Cuiping Rural Commercial Bank, where his household registration is located, to handle personal micro-loans because breeding required capital turnover. It is understood that personal microfinance is a credit loan with a loan amount of less than 50,000 and no mortgage. "The bank will get the documents and review your repayment ability and credit history. The whole process is faster. " Sean said. However, when Sean was told that he could apply for a personal loan, the rural commercial bank also told him that he needed to buy an insurance at the same time. "Do you have to buy insurance for loans?" Sean said that although he hesitated to buy insurance, he bought insurance for the loan.

Institutional investigation

The staff said that if you don't buy insurance, you won't give a loan.

According to Sean's reflection, the reporter went to Cuiping Rural Commercial Bank for consultation as Sean's lender, and the staff said that they need to bring household registration books and other documents to handle the loan. When asked whether it is necessary to buy insurance when handling loans after credit review, the staff member said that insurance is to reduce the risks of both lenders. If the lender has an accident during the loan period and cannot repay the loan, the insurance company can repay the rest.

The staff said: "It is voluntary to buy insurance." What if I don't buy this insurance? The staff replied: "Then don't borrow it." What if some people want a loan but don't want to buy insurance? The staff said: "This is hard to say. Let us support each other's work. "

Among those who have handled personal micro-loans locally, they have also handled insurance business. A citizen who did not want to be named said that the amount of their loans is generally tens of thousands, and the amount of insurance paid is three thousandths of the loan amount. "Compared with the loan money, the 100 yuan paid by the insurance premium is a small amount, so people who make loans generally don't stop lending because of this small amount." This gentleman said.

Rural commercial bank statement

Buying insurance is voluntary.

Sean's insurance refers to the "XX Borrower's Accidental Injury Insurance" he bought when he applied for a personal small loan. This kind of insurance only claims after the insurer is injured or killed by an accident. It is mentioned in the special agreement of the policy that "the insured agrees to designate the first beneficiary of the accidental disability insurance money in this insurance contract as the loan unit." At the same time, "the insurer may designate one or more people as the beneficiaries of the part of the death insurance premium that exceeds the loan balance at the time of the accident."

The manager of personal finance department of Cuiping Rural Commercial Bank said that the institution has obtained the qualification certificate of insurance concurrent agency, so it can recommend insurance business to customers when handling business. When handling personal small loans, the personal manager of rural commercial banks will recommend insurance to customers. "Personal microfinance is a credit loan and does not require mortgage. In order to avoid the risks of credit cooperatives and lenders, we will recommend this kind of insurance to customers, but insurance is only a part-time business of rural commercial banks. Whether to buy depends on whether the customer is willing. " Mr. Zhang said. "Can I get a loan without buying insurance?" Mr. Zhang said: "Customers can apply for loans whether they buy insurance or not. If it is a strong insurance, customers can complain. "

Lawyer's view

Compulsory loan insurance violates relevant regulations.

Lawyer Tian Wei of Yibin Jingshang Law Firm believes that if the borrower has evidence to prove that the loan of the lending institution is based on the insurance contract signed between the borrower and the insurance company, then the behavior of the institution violates the principle of "voluntariness, equality and consultation" in Article 1 1 of the Insurance Law. If the agency appoints customers to buy insurance in a specific insurance company, it violates the corresponding provisions of the Unfair Competition Law, tying goods against the borrower's wishes or attaching other unreasonable conditions when selling goods.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.