The Legal System Research On The Insurance On Secured Loan For House

The secured loan for house has been introduced into our country at 1990s. Its arrival not only promotes the prosperity of the real estate market also promotes the development of China's insurance industry. In conducting the business of the secured loan for house, it required the purchase to buy the insurance in order to protect loan security. Now the insurance on secured loan for house has become an important component of real estate finance, which banks, purchasers as well as many insurance companies have played a positive role. However, the existence of the insurance on secured loan for house has led to a suspect, because there are some problems in its legislation. I believe the insurance on secured loan for house in the modern economy is an indispensable role; we can only improve our legislation to develop such a system for a long time. Research on this issue is very important practical significance.The author analyzes legal system of the insurance on secured loan for house from the theory and the status. And from the balance concept of economic law, I have a preliminary idea of improving the legal system. Seek to create a reasonable legal system of insurance which can not only reduce the purchase cost, but also ensure safety of bank loans, but will also facilitate the insurance company's operations.This paper introduces the related concept of secured loan for house, explains the concept and the relations between mortgage and secured loan for house, and defines the meaning of the insurance on secured loan for house, and a theoretical analysis of the legal nature; The second part describes the establishment the legal system of the insurance on secured loan for house is necessary and it will play a tremendous role in social life, the system should not be abolished in; next I make a comparative analysis of the system of the insurance on secured loan for house in developed countries; The fourth part I highlight the problems that exist in the insurance on secured loan for house legislation. Finally, is the plan on improving the legal system in China's insurance on secured loan for house, such as developing special law "the insurance on secured loan for house management", and trying new types of intervention and stressed the government's role and so on.