As the economy began to flourish, everyone went to the insurance market, and many of the candidates were senior-level financial insurance companies - Chinese people. What does its scope include? In particular, does its life insurance policy loan look for letters? What would happen if the payments were overdue? Let's talk about them in detail。

Life insurance policy credit

First, let's see: will life insurance policy loans look for letters

Indeed, it will. If you wish to apply for a policy loan, you must agree to consult your personal letter report. If you have a bad overdue report, it depends on the value of the policy and will not allow you to make a successful loan. Once your loan is successful, whether you're overdue or not, your loan records will be on the letter report. If the repayment is overdue after the loan, there will be a poor record of the overdue in the letter of credit report。

And then we'll talk about: What's the effect of the overdue life insurance policy on me

It's just that it's possible to blow up its own insurance job. It could cause you to fail in the settlement, or you can't enjoy the insurance after the insurance contract expires. In essence, a policy loan is a pledge loan product, and if you fail to repay it on time, then a large loan institution has the right to dispose of the insurance contract。

These are the questions and answers that may be encountered with respect to life insurance policy loans in China, and I hope it will help you with your reading。