# premiumfinance.hk — premiumfinance.hk｜香港保费融资实务（英文站）

> How Hong Kong banks run premium financing for life policies: credit process, loan-to-value, HIBOR and Prime pricing, reset, margin calls, exit.

- Operator: 保费融资实务编辑室 / Premium Finance Practice Editorial (https://premiumfinance.hk/about/)
- Reviewed by: Premium Finance Practice Editorial Editorial Board
- Editorial policy: https://premiumfinance.hk/about/#method
- Machine-readable: /llms-full.txt · /feed.xml · /ai/summary.json · /ai/faq.json · each page has index.md
- Contact: message form https://premiumfinance.hk/contact/
- Updated: 2026-11-04

## Understand the loan
- [Premium financing in Hong Kong: how the bank loan behind a life policy works](/overview/): What premium financing is in Hong Kong bank practice: parties, surrender-value collateral, HIBOR and Prime pricing, reset, margin calls and exit.
- [The bank credit process for premium financing: what is assessed and which documents are required](/credit-process/): How a Hong Kong bank approves premium financing: eligibility, three-limb affordability test, over-leveraging check, asset proof, IFS-PF, assignment.
- [Loan-to-value in premium financing: how much a Hong Kong bank lends against a policy](/loan-to-value/): Premium financing LTV is a share of day-one guaranteed surrender value, not premium: published 75%, 80% and 90% levels, leverage, monitoring.
- [The regulatory frame behind bank premium financing in Hong Kong](/regulation/): The IA and HKMA premium financing standards since 2023, the IFS-PF, the 2023 rate-disclosure circular, the 2024 inspection findings and the Aug 2026 circular.

## Price, reset and risk
- [Pricing benchmarks for premium financing: HIBOR, Prime, cost of funds and fixed rates](/pricing-benchmarks/): How Hong Kong premium financing is priced off HIBOR, Prime or cost of funds, plus fixed-rate windows: margins, floors, default rates, Nov 2026 levels.
- [Interest reset on a premium financing facility: how and when the rate changes](/interest-reset/): When a premium financing rate re-fixes: daily for Prime, monthly for 1-month HIBOR, at fixed-period end; basis changes, HKMA disclosure, stress tests.
- [Margin calls and unwind in premium financing: triggers, cure periods and what the bank can do](/margin-calls/): Margin calls and unwind in Hong Kong premium financing: LTV breach, overdue interest, downgrade and review triggers, cure, surrender by the bank, shortfall.
- [Repayment and exit routes for a premium financing facility](/repayment-exit/): How a premium financing facility is serviced and ended: interest-only patterns, prepayment charges, own funds, surrender, refinancing, cooling-off, release.

## Compare, apply, decide
- [Comparing premium financing structures: HKD HIBOR, HKD Prime, USD, fixed rate, revolving and term, and the alternatives](/compare/): Premium financing structures compared: HIBOR, Prime, cost of funds, fixed and USD pricing, revolving versus term loans, and alternatives to financing.
- [The premium financing application process step by step: from enquiry to release of the assignment](/process/): Seven steps of a Hong Kong premium financing application: eligibility, FNA, IFS-PF, credit approval, facility letter, drawdown and cooling-off, release.
- [Five premium financing scenarios: who uses a bank facility, how it is structured and where it goes wrong](/scenarios/): Five anonymised Hong Kong premium financing scenarios: HKD HIBOR, USD matched, revolving non-renewal, fixed-rate reversion and a Mainland applicant.
- [Pre-application checklist for premium financing in Hong Kong: 30 questions to settle before you sign](/checklist/): Thirty questions to settle before signing a Hong Kong premium financing facility: own numbers, loan-to-value, pricing, margin calls, exit, documents.

## Questions, terms and sources
- [Premium financing in Hong Kong: frequently asked questions about the bank loan](/faq/): Over thirty questions on Hong Kong bank premium financing: basics, credit and documents, loan-to-value, pricing, margin calls, exit, non-resident applicants.
- [Premium financing glossary: 50 bank and policy terms in English and Chinese](/glossary/): Bilingual glossary of 50 Hong Kong premium financing terms: loan parties, collateral and LTV, pricing and reset, margin calls, repayment, regulation.
- [Sources: every document cited on premiumfinance.hk](/sources/): Every regulatory circular, rate publication, bank key facts statement, consumer page and press report cited on this site, with date, link and access notes.

## 中文摘要版
- [保费融资结构对比（中文摘要）：HIBOR、最优惠利率、美元、定息与替代方案](/zh/compare/): 英文对比页的中文摘要：香港银行保费融资的定价基准（1 个月 HIBOR、最优惠利率、资金成本、定息）、贷款货币（港元或美元）、贷款类型（循环额度或定期贷款）的对比，以及保费融资与全额自付、保险公司保单贷款、既有保单抵押贷款的对比。
- [香港保费融资银行实务常见问题（中文）](/zh/faq/): 关于香港银行保费融资的 16 个中文常见问题：贷款结构、银行审查什么、能借多少、利率怎么定与怎么变、追加抵押与平仓、还款与退出、冷静期、内地居民申请。每条先给结论，再注明来源与日期。
- [香港保费融资银行实务中文摘要：授信、贷款价值比、定价、追加抵押与退出](/zh/): premiumfinance.hk 英文站的中文摘要：香港银行如何为新寿险保单提供保费融资，包括授信流程与文件、以首日退保价值计算的贷款价值比、HIBOR / 最优惠利率 / 资金成本定价、利率重设、追加抵押与平仓、还款与退出路径，以及 2023 年起生效的保监局与金管局标准。

## About and disclosures
- [About](/about/)
- [Contact](/contact/)
- [Disclosures](/disclosures/)


## Data and boundaries
- Every page cites sources and dates; nothing is inferred where sources are silent; guaranteed and non-guaranteed items are labelled separately; illustrations and past performance do not indicate future results.
- This site is run by Premium Finance Practice Editorial, an independent insurance information site providing general education and comparison. It is not an insurer, licensed insurance intermediary or bank, sells no insurance product and accepts no application. Content has not been reviewed, approved or endorsed by the Insurance Authority (IA). For applications, quotations and policy servicing, consult a Hong Kong insurer or licensed insurance intermediary.