Insurance Company Accounting System
Item No. 1112 Pledged loan of the insured
1、 Accounting of this account Life Insurance Company Pledged loans provided to the insured as required. 2、 When the insured's pledged loan occurs, it shall be debited to this account and credited“ cash ”、“ bank deposit ”Subject; Pledged loans received from the insured in each period interest Debit the "bank deposit" account and credit“ Interest income ”Subject; To recover the principal and interest of the pledged loan of the insured, debit the "bank deposit" title according to the total principal and interest principal Amount, credit this account, and credit the "interest income" account according to the amount of interest. 3、 This project shall set up a subsidiary ledger according to the borrower.
4、 The ending debit balance of this account reflects the pledged loans of the insured that have not been recovered by the company principal 。 Definition of pledged loan of the insured: long-term holding life insurance Policy The applicant or insured of premium Several years later Cash value Make loan request. 
