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K-Top-up Loan for Bancassurance

​​​​​​​Lighten your burden,
borrow to pay premiums.​

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Key Features

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Loan Details
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How to Apply

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Borrow to cover insurance premiums,
pay back by installments.

The owner, key executives, or shareholders can request a loan to pay premiums and pay back by installments.


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Service Details

Service Conditions
  • Term loans up to 5 years
  • The bank will pay premiums directly to the insurance company
  • The interest rate is based on the bank's regulations

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How to Apply

Required Documents
  • Copy of the borrower's national ID card
  • Copy of the juristic person's tax identification card and value-added tax registration
  • Copy of the house registration, company Memorandum of Association, and Articles of Association
  • Company affidavit
  • A bank statement from a financial institution showing at least a 6-month history of transactions, or a copy of the company’s financial statement for the past 3 years
  • Minutes of the company board meeting agreeing on a resolution to request a loan and to open an account with the bank

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Frequently Asked Questions

Is it necessary for a lender to have a business account?

Yes, the lender must have a business account. The loan is issued to pay for the interest of life insurance for business owners, top executives, or the business shareholders.

What conditions applied for repayment?

Clients must repay every month with the maximum repayment plan of 5 years.

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