How to apply for a Pacific Policy Loan? How to get a loan with Pacific Insurance

There are two ways to apply for a Pacific Policy Loan, one is to purchase directly at the Pacific Insurance store, and the other is to purchase online at the insurance supermarket on the official website of Pacific Insurance, enter the product page, purchase immediately, and apply for insurance: 1. Premium calculation; 2. Fill in the insurance information; 3. Confirm the insurance information; 4. **Pay the premium and apply for the insurance successfully.

Ping An Bank has launched a new loan for life insurance policies, with a limit of 3-500,000 yuan, and the conditions to be met:

There are outlets in the city where you work and live;

Chinese citizens holding second-generation ID cards;

Age 23-55 (inclusive) years old;

The policy payment method is not single payment;

The current status of the policy is valid, in which the insurance cannot be interrupted during the payment period, and the application for reinstatement is not supported;

It is not accepted that the policy loan has been applied to this policy; If the corresponding policy loan has been settled and the settlement time is 6 months or more, it is acceptable;

The paid-up period of the policy shall not be less than the number of tenor due for the policy; And the number of annual payments is 3 times. Among them, the number of quarterly payments is 9 times, and the number of monthly payments is 25 times;

The policyholder has not changed in the past year.

1.Submit a loan application: The applicant should bring the cash value of the Pacific insurance policy, personal ID card, income certificate and other materials to the bank branch to submit the policy mortgage application to the staff.

3.Sign the policy mortgage contract: After the approval is passed, the applicant goes to the bank business hall to discuss the loan amount, loan interest rate, repayment period, etc. with the staff, and sign the loan contract.

4.Loan disbursement: The bank disburses the loan to the bank card account designated by the applicant within the period agreed in the contract.

Further information: 1: Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must be returned.

Loans in a broad sense refer to the general term for loans, discounts, overdrafts and other lending funds. By lending money and monetary funds to the bank, the bank can meet the needs of the society for supplementary funds for expanding reproduction and promote economic development, and at the same time, the bank can also obtain interest income from loans and increase the bank's own accumulation.

2. Microfinance review risk.

The occurrence of loan risks often begins at the loan review stage, and it can be seen from the disputes that occur in judicial practice that the risks that arise in the loan review stage mainly appear in the following links.

1) The content of the review is omitted, and the bank's loan examiners are omitted, resulting in credit risk. Loan review is a meticulous work, which requires investigators to conduct a systematic investigation and investigation on the qualifications, qualifications, credit, and property status of the loan subject.

2) In practice, some commercial banks do not conduct due diligence, and the relevant loan examiners often only pay attention to the identification of documents, but lack due diligence, so that it is difficult to identify fraud in loans and can easily cause credit risks.

3) Many erroneous judgments are caused by the bank's failure to listen to expert opinions on the relevant contents, or professional judgments by professionals. In the process of loan review, it is not only necessary to ascertain the facts, but also to make professional judgments on the relevant facts in terms of law and finance. In practice, most of the loan approval process is not very rigorous and in place.

3. The legal content of the pre-loan investigation.

1) Review the legal status of the borrower regarding the legal establishment and continued effective existence of the borrower. If it is an enterprise, it should check whether the borrower is established in accordance with the law, whether it has the qualifications and qualifications to engage in relevant business, check the business license and qualification certificate, and pay attention to whether the relevant licenses have undergone annual inspection or relevant verification.

2) Regarding the credit standing of the borrower, check whether the registered capital of the borrower is suitable for the loan; Examine whether there is any obvious evasion of registered capital; past borrowing and repayment; and whether the borrower's product quality, environmental protection, tax payment and other illegal circumstances that may affect the repayment.

However, if you have purchased Pacific Insurance and have a policy, you can choose to mortgage the policy to the insurance company or mortgage the policy to the bank. If you choose an insurance company, the policyholder who needs a loan should bring your ID card, policy and bank account to the counter of China Pacific Insurance Company. If you choose a bank, you can call the official customer service of Pacific Insurance Company, and then go to the bank with your policy, bank card and ID card.

At present, the loan of the policy is based on 80% of the cash value of the policy, and the loan does not affect the rights and interests of the policy. Insurance can be used for loans, which simply means applying for a loan from an insurance company with the insurance policy as collateral. The maximum term of each loan is 6 months, and you can go to the insurance company to settle the interest every six months.

Extended Materials

The conditions required to apply for a policy loan are:

1. The applicant must be between 18 and 60 years old and be a legal citizen of Chinese mainland;

2. The applicant has a fixed place of residence and a stable job, and has the ability to repay;

3. The applicant has good credit and no bad credit behavior;

4. The policy held by the applicant must have cash value and have been insured for more than two years;

5. The policy loan must be applied for by the person himself, and cannot be handled by others.

1. How to apply for a policy loan?

Compared with other loan methods, the procedures for policy loans are relatively simple, usually no guarantor is required, no collateral is reviewed, no income certificate is required, and the loan is disbursed quickly.

Under normal circumstances, when the policyholder goes to the insurance company or bank to handle the policy loan business, he needs to bring the insurance policy, insurance payment invoice, ID card, passbook and other materials. It should be noted that this business must be signed and agreed by the insured, and if the insured is unable to be present in person, the written consent to the loan application statement can also be handed over to the policyholder in advance.

If you have a loan need, it is recommended that you confirm the relevant information with the insurance company and bank in advance.

2. Can I still make a claim during the policy loan period?

During the policy loan period, if an insured event occurs, will the insurance company still pay the claim?

In fact, the policy is still valid during the pledge period. If an insured accident occurs during the loan period, the insurance company still has to settle the claim, but before the claim is paid, it needs to deduct the principal and interest owed.

3. Precautions for policy loans.

If the borrower fails to repay the loan in time as agreed in the contract, not only will the loan have to pay penalty interest, but the policy will also lapse permanently when the loan principal and interest reach the surrender amount.

Therefore, although policy loans can alleviate the short-term capital needs of policyholders, it is still recommended that you handle this business carefully. If you apply for a policy loan, you must repay it on time, otherwise you will face triple losses such as paying penalty interest, policy invalidation, and bad credit.

Hello dear! 1. There must be a valid policy of Pacific Insurance Company and the policy has a cash value. 2. With the written consent of the insured, and there must be a copy of the insured's ID card and the insured's signature (if the insured is you, you can take the ID card to handle it, and minors should take a copy of the household registration).

Typically, a Pacific Policy Loan can lend up to 80% of the cash value of the policy and repay the interest semi-annually.

Pacific policies can be loaned.

Answer Hello Pacific insurance can be loaned, and the loan that can be made for the purchase of insurance is a policy loan, which refers to the loan applied to the insurance company or bank with the insured policy as collateral. To apply for a policy loan, the insurance must be free of premium waivers and claims, and certain loan conditions must be met at the time of application.

Ask what the terms of the loan are.

Answer the loan conditions of the Pacific Life Insurance policy: First, the insurance clause should indicate that the policy has a loan function, is valid and has a cash value; Secondly, the loan amount shall not exceed 80% of the cash value of the insurance policy of this contract after deducting the balance of various arrears, and the term of each loan shall not exceed 6 months, and the original valid identity certificates of both the insured and the insured shall be provided, and both parties shall sign, and if the insured is a minor, the household registration booklet and the ID card of the guardian shall be provided, and the guardian shall sign for him.

Question: Can 2340 a year be met.

This is different from going to the bank, isn't it?

You can go to the bank to inquire if it is compliant.

Ask the question to go to the company or **.

Ask the bank which bank to go to.

Hello, you can go to the counter with the insurance policy, the original ID card and bank card to handle the loan business, generally speaking, you can borrow 80% of the cash value of the policy

Most of CPIC's insurance types can be used for policy loans, and the specific amount of loans depends on the policy.

If the policy states that there is, you can.

Hello, the policy has a loan function.

You can take out a loan, and you need to look at the amount of loan according to the insurance policy.

What are the conditions for Pacific Insurance? What is the Pacific Insurance policy process? By the end of 2015, the policy loan business of the four major listed insurance companies had reached 100 million yuan, and Pacific Insurance's WeChat** policy loan has been attracting a lot of attention.

Next, let's take a closer look at the basics of Pacific Insurance policy loans.

1. Loan conditions of Pacific Insurance policy

1. The insurance clause should indicate that the policy has a loan function, which is valid and has it.

2. The original valid identity certificates of both the insured and the insured must be provided, and both parties need to sign. If the insured person is a minor, he or she must provide the household registration booklet and the ID card of the guardian, and the guardian must sign for him/her.

3. The loan amount shall not exceed 80% of the cash value of the insurance policy of this contract after deducting the arrears, and the term of each loan shall not exceed 6 months.

2. Pacific Insurance Policy Loan Process

2. **Processing: Just visit the official website of Pacific Insurance (search for policy loans, or visit Pacific **** (upload ID card and personal ** and other information after online registration, and become a senior certified member after passing the review, you can make a policy loan with a few clicks, and the loan amount will be issued to the designated bank within a few days.

Hello, you can take out a loan at any time, but it depends on how much your cash value is, Pacific can generally lend 70% of your cash value, if you are in urgent need of money for short-term turnover, you can take your policy to Ping An for credit, you can borrow more.

Generally speaking, the loan amount is 70% of the cash value of the policy, and the time is generally not more than 6 months, so we should also be more recognized for insurance, if there is a loan demand, you can also solve the problem through the policy loan, I hope everyone can realize this, and we need to pay attention to the fact that we must not blindly buy insurance in life, Only by purchasing the right insurance can you better protect your life.

1. What are the benefits of a policy loan?

Policy loan refers to a way for the policyholder to mortgage the policy held by the policyholder to the insurance company to obtain a certain percentage of the cash value of the policy, which is very friendly to the policyholder, but we need to pay attention to the fact that there must be a policy with cash value to make a policy loan, and at the same time long-term life insurance with a savings nature, the policy begins to have a cash value after one year of insurance, generally speaking, the longer the payment period, the higher the cash value.

2. What are the precautions for policy loans?

Any loan has its rules, the same is true for policy loans, insured for more than two years, and the existence of cash value in its insurance account can be used for policy loans, generally speaking, the policy loan amount is 70% 80%, policy loans are only suitable for short-term capital turnover and not for high-risk investments such as ****, I hope everyone can use it rationally, and we need to note that policy loans must be applied for by the policyholder or the insured, so there are also very strict regulations.

3. Why do more and more people choose policy loans?

We all know that there are a lot of financial products in life, but there are still very hard regulations on the products that can be loaned through the policy, so we must carefully understand before buying, and we need to pay attention to the fact that we should also actively buy insurance in life, only in this way can we better protect our legitimate rights and interests.

Pacific Insurance Policy is unsecured.

There are two main modes: one is that the policy is mortgaged to the insurance company, and the other is that the policy is mortgaged to the bank.

There are two conditions that CPIC customers need to meet to apply for a loan:

Whether the policy purchased has a loan contract that stipulates this.

The insured is required to bring his or her ID card.

The policy and bank account go to China Pacific Insurance Company.

Over the counter. The maximum term of each loan is 6 months. Half a year is a loan cycle, you can go to the insurance company every six months to settle the interest, the principal can continue to be used, the procedures are simple, and the account is quickly.