The original terms of the policy loan are as follows:

You can apply to use the policy loan function.

During the validity period of this main insurance contract, you can apply for a policy loan after our approval. The loan amount shall not exceed 80% of the cash value of the insurance contract after deducting all debts, and the longest loan period shall not exceed 6 months. The loan interest rate is subject to the interest rate agreed in the loan agreement signed between you and our bank. The principal and interest of the loan shall be repaid at the maturity of the loan. If the loan principal and interest are not fully repaid at maturity, the owed loan principal and interest will be used as the new loan principal.

When the unpaid loan principal and interest plus other arrears reach the cash value of the insurance contract, the validity of the insurance contract is suspended.

Where "you" refers to the insured.

Theoretically speaking, as the insured, you have no right to apply for a policy loan, because it involves the problem of repaying the principal and interest. If it is not returned in time, the benefits of the policy will be lost, and it may also bring unnecessary trouble to the insured. Therefore, it is recommended to contact the insured to apply for a policy loan.