Legal analysis: Margin pledge means that the borrower deposits money into a special account opened in the bank and promises to use the money in the account as a guarantee to repay the loan. When the borrower fails to perform the debt, the lending bank has the right to directly deduct the deposit from the special deposit account for repayment of the loan.

Legal basis: Article 390 of the Civil Code of People's Republic of China (PRC). During the guarantee period, if the guaranteed property is damaged, lost or requisitioned, the owner of the guaranteed property can get the insurance money, compensation or compensation in priority. If the performance period of the secured creditor's rights has not expired, the insurance money, compensation or compensation may also be deposited.