深圳金融监管局：保单贷款需支付利息，勿轻信“一份钱买两份保障”等言论

Core Viewpoint - The Shenzhen Financial Regulatory Bureau has issued a warning regarding disputes arising from policy loan services, urging consumers to understand the function of policy loans and make informed decisions [1] Group 1: Policy Loan Functionality - Policy loans allow policyholders to pledge the cash value of their insurance policies to borrow funds from the insurance company, which charges interest based on a certain percentage of the cash value [1] - Typically, policy loans are available for savings-type life insurance products with a term of one year or more, such as whole life insurance and critical illness insurance [1] Group 2: Loan Terms and Repayment - Consumers must repay both the principal and interest on policy loans, with a typical loan term of six months, depending on the policy type and loan amount [2] - Failure to repay on time can result in the outstanding amount being treated as new principal, potentially exceeding the policy's cash value and affecting its risk coverage [2] - If a policyholder cancels the policy before repaying the loan, the refund amount will be reduced by the outstanding loan principal and interest [2] Group 3: Consumer Guidance - Consumers are advised to assess their actual financial needs and the terms of the policy loan, including limits, duration, and purpose, to avoid unnecessary disputes [2] - It is recommended that consumers carefully evaluate their ability to bear interest costs, as policy loans can increase financial pressure due to their short repayment terms [3] - Consumers should be cautious of misleading marketing claims related to policy loans and ensure they fully understand the terms before signing any documents [3]