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Borrowing Under Life Insurance

20/12/2023

What is a life insurance loan?

Borrowing under life insurance form of loan No need to mortgage assets, based on insurance contract of customers. Governmental organizations will review loan applications based on factors such as:

  • The contract is valid for 1 year or more.
  • Customers have a history of paying insurance premiums regularly.
  • Customers have stable income and ability to repay debt.
author

Quyen is a creative copywriter with a passion for fintech. a degree from the Ho Chi Minh University of Economics. After graduating from the UEH (Ho Chi Minh Economics of University), she's constantly expanding her knowledge through investment and financial literacy courses, seminars, and conferences. Quyen also has experience in banking and credit. Her articles draw on her background in finance to help readers make informed decisions.

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