Model Of Insurance Contract For Housing Mortgage And Home Purchase Loan

I. insurance assets

A house purchased by a bank mortgage.

　　 Two. Scope of responsibility

The insurance company is responsible for compensation for the loss and cost of housing caused by the following reasons:

1. fires; 2. explosions; 3. thunderstorms; 4. hurricanes, typhoons, tornadoes; 5. storms, rainstorms and floods; but excluding normal water level changes, seawater intrusion and drainage, seepage and leakage of reservoirs, canals and dams below normal water level; 6. hail; 7. collapses and landslides; 8. volcanic explosions; 9. ground subsidence, but excluding ground subsidence and subsidence caused by piling, underground operations and excavation operations; 10. aerial running objects falling, and external buildings and other fixed objects collapsing; 11. water tanks and water pipes burst, but excluding water tanks and water pipes burst due to corrosion.

　　 Three. Exclusions

The company is not liable for the following items:

Losses and expenses caused by acts of war, hostilities, armed activities, rebellions, coups, strikes, riots and civil disturbances; 5. government orders or the confiscation, expropriation, destruction and destruction of any public authority; 6. losses and costs caused by nuclear fission, nuclear weapons, nuclear materials, nuclear radiation and radioactive pollution; 7. any loss and cost caused by air, land, water pollution and other kinds of pollution, but not including the risks specified in the second areas of the insurance policy; 8. the deductible stipulated in the relevant clauses of the detailed table of insurance policies; 9. others are not attributable to risks arising from the scope of liability of this policy. 1. the intentional act or gross negligence of the insured, the insured and its representatives caused any loss and cost of the house; 2. the losses and expenses caused by the earthquake and tsunami; 3., other consequences such as depreciation, loss of market or use value; 4. war,

　　 Four, insurance period

The duration of the loan is the same as that of the purchase.

　　 Five, insurance amount

All the actual value of the purchased house.

　　 Six, compensation treatment

1. if there is any loss within the scope of this insurance liability, the company may choose the following ways of compensation: (1) compensation according to the value of the damaged property; (2) compensation for the repair and repair of the damaged property, which is basically restored to the original state; (3) repair and restore the damaged property so as to achieve the same condition as the property of the same kind. 2. the compensation for damaged property is calculated at the prevailing market price. When the market price is lower than the insured amount, the compensation shall be calculated at the market price; when the market price is higher than the insured amount, the compensation shall be calculated according to the ratio of the insurance amount to the market value. If there are more than one item in this insurance, the indemnity shall be calculated one by one according to the provisions. 3. after the loss of the insurance item, if the company pays the total loss, its salvage value should be deducted from the indemnity. The company has the right not to accept the insured's abandonment of the damaged property. 4. if any item is a pair or a complete set, if the loss occurs, the liability of the company shall not exceed the proportion of the insured amount on the whole or the whole set of the insured item. 5. after the loss occurs, the reasonable expenses incurred by the insured to reduce the losses and take necessary measures shall be compensated by the company, but the cost shall be limited to the insured amount of the insured property. 6. after the company has made compensation for the loss, the insurance company will issue a written order to reduce the amount of insurance from the date of the loss and not refund the premium of the insurance amount. If the insured asks for a return to the original insurance amount, the premium shall be paid at the agreed premium rate from the date of the loss until the date of the expiration of the insurance period. 7. the time limit for claiming the insured shall not exceed 2 years from the date of the loss.

　　 Seven. The obligation of the insured

The insured and his representative shall strictly perform the following obligations:

　　1.在投保时，被保险人及其代表应对投保申请书中列明的事项以及本公司提出的其他事项作出真实、详尽的说明或描述;2.被保险人投保时一次交清保险费;3.保险期限内，被保险人应采取一切合理的预防措施，包括认真考虑并付诸实施本公司代表提出的合理的防损建议，由此产生的一切费用，均由被保险人承担;4.在发生引起或可能引起本保险单项下索赔的损失时，被保险人及其代表应：(1)立即通知本公司，并在7天或经本公司书面同意延长的期限内以书面报告提供事故发生的经过、原因和损失程度;(2)采取一切必要措施防止损失的进一步扩大并将损失减少到最低程度;(3)在本公司的代表或检验师进行勘查之前，保留事故现场及有关实物证据;(4)根据本公司的要求提供作为索赔依据的所有证明文件、资料和单据。

　　 Eight. Specially stipulated in the insurance period.

It is specifically stipulated that during the period of insurance, the buyers will complete the loan repayment, the lenders shall issue certificates, the lender's insurance rights and interests shall be lost, the insurer shall issue the approval list, and the insurer shall continue to be responsible for the insurance liability under this policy.

　　 Nine, dispute resolution

All disputes relating to this insurance between the insured and the company shall be settled through friendly negotiation. If the consultation fails, it shall be solved by () method: (1) apply for arbitration to the arbitration organ; (2) bring a lawsuit to the court. China Pacific Insurance Company Ltd housing loan borrower life insurance clause

　　 Article 1 constitution of contract

This insurance contract (hereinafter referred to as "this contract") is composed of insurance policies or other insurance documents and the attached articles, insurance documents, insurance documents related to this contract, valid and valid declarations, endorsements, attached lists and other written agreements.

　　 Second insurance coverage

I. policyholders: anyone who has a full capacity for civil conduct at the age of 18 can insure this insurance for the insured person or his spouse or immediate family member to the China Pacific Insurance Company Ltd (hereinafter referred to as the insurer). Any financial institution that runs the home purchase loan business can also act as an applicant to insure this insurance for its buyers. The insured must agree to the written consent of the insured. Two, the insured: any person who is in good health and able to work and work normally during the age of 18 to 55 years old, who has the conditions to purchase the loan and applies to the financial institution and obtains the purchase loan, can be the insured of this insurance.

　　 Third insurance liability

During the period of insurance validity, the insured can not continue to pay the purchase loan due to illness or accident or injury. The insurer will pay the insured's loan balance (including principal and interest) at the time of the first loan return after the accident. If the actual amount insured is less than the loan amount, the insurance liability will be terminated according to the actual insurance amount and the percentage of the loan amount to repay the principal and interest of the loan balance. As for the part of the loan that the insured should pay before the accident, no matter what causes the late or unpaid part of the loan, the insurer will not be liable for the loan.

　　 Fourth exemption from liability

The insurer is not liable for the insurance payment, and at the same time terminating the insurance contract, because of the following circumstances, which lead to the death or death of the insured person so that he can not continue to repay the purchase loan.

I. The insured and the beneficiary intentionally kill or injure the insured;

Two, the insured intentionally committed a crime or refused to arrest, deliberately hurt himself;

Three, the insured takes, sucks or injections of drugs;

Four, the insured shall commit suicide within 2 years from the date when the contract is established or renewed.

Five, the insured person drives a motor vehicle without or without a law or a motor vehicle with no valid driving license or drunk driving.

Six, AIDS or HIV infection during the disease;

Seven, war, military operations, riots or other armed insurgency;

Eight, nuclear explosions, nuclear radiation or nuclear pollution and the resulting diseases.

In the case of the fourth mentioned above, the insurer's cash value of the insurance policy is returned to the insured. In case of any other circumstances, the contract shall be terminated. If the insured has paid more than 2 years' premium, the insurer will refund the cash value of the insurance policy.

　　 The fifth insurance liability begins.

The insurer's insurance liability shall begin at the beginning of the next day after the insurer agrees to underwrite and charge the premiums, and the insurer shall issue an insurance policy as an insurance certificate until the expiration of the term of the loan or the termination of the insurance liability stipulated in this contract.

　　 Sixth insurance sum and insurance premium

1. The maximum insurance amount of the insurance is limited to the balance of the purchase loan when the contract is established. The actual initial insurance amount is determined by the insurer's underwriting results, and the insurance amount decreases year by year according to the loan situation.

Two. The insurance premium of this insurance varies according to the age and duration of the insurance. The payment method is paid separately. The rates are detailed in the attached schedule.

　　 Seventh truthfully inform

When the contract is concluded, the insurer may make written inquiries about the relevant circumstances of the insured and the insured, and the insured and the insured shall truthfully inform them.

If the insured or the insured fails to perform the duty of truthfully informing, the insurer has the right to terminate this contract and shall not be obliged to pay the insurance premium for the insurance accident before the rescission of the contract. If the insurer decides whether to agree to underwrite or raise the premium rate, the insurer has the right to terminate this contract and has a serious impact on the occurrence of the insurance accident. The insurer is not liable for paying the insurance premium before the insurance accident before the rescission of the contract, but the insurance premium will be refunded after deducting the commission fee. The cash value of the insurance policy is refunded for more than two years from the date of the establishment of the contract.

　　 Eighth beneficiaries

The beneficiary of this insurance is the financial institution or the guarantor of the purchase loan.

　　 Ninth notices for insurance accidents

The insured, the insured or the beneficiary shall notify the insurer within 5 days from the date of knowing or knowing the occurrence of the insurance accident, and provide relevant materials in time, and apply for insurance to the insurer within 30 days after the insured's insurance accident occurs. Due to delay, the loss of the necessary evidence or the nature and cause of the accident can not be identified, the beneficiary shall bear the corresponding responsibility. At the same time, the additional cost should be deducted from the insurance premium paid (except for the delay caused by force majeure). The claim for the insurance premium of the beneficiary of this contract shall be extinguished within 2 years from the date when it knows the occurrence of the insurance accident, and the insurer will no longer be liable for the insurance premium.