Why can't credit card funds buy insurance with cash value?

The reason why credit card funds cannot buy insurance with cash value is the law.

1. customers are no longer allowed to use credit cards to pay life insurance premiums on the company's one-stop interactive sales platform, including paying by swiping credit cards through MiniPOS machines.

2. It is no longer acceptable for customers to pay personal insurance premiums by swiping credit cards through POS machines at company service counters or anywhere else.

3. No longer accept customers to repay policy loans and interest with credit cards.

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