A Ping An insurance salesman in Zhaoan County helped me to submit a policy loan, telling me that it was 20 times as much as a loanable policy. I want to ask whether it is true or not, and I have submi

A Ping An insurance salesman in Zhaoan County helped me to submit a policy loan, telling me that it was 20 times as much as a loanable policy. I want to ask whether it is true or not, and I have submitted it several times. ... Hello, good friend! I'm happy to give you advice. 1, the so-called policy loan is the dividend insurance contract loan you bought in Ping An, and the specific loan amount is 80% of the cash value of your policy. This program only needs your autographed power of attorney, your application for business and the applicant's ID card. After submitting the relevant information, the funds will be transferred to your designated bank account by the insurance company within 3-5 working days. 2. If relevant information is provided to prove that it is probably not a policy loan business, but a credit loan business run by Ping An. The loan amount is1-300,000, which is not 20 times of the policy you mentioned. The loan approval time for this business is 1-3 days. Even if your loan application is unsuccessful, the relevant departments will call you. It is impossible to have no news for several months. For details, please consult the agent who handles this business, or call Ping An Customer Service at 955 1 1.