I bought Shengshi Yuxiang and paid it for a year, but I can t afford it due to financial difficultie

If you want to surrender the policy, the first thing that comes to mind must be, how much money can you refund? How can I go back more? Here's a guide first::《 How to refund insurance surrender, how much can be refunded, and how to reduce surrender loss? 》

How much money can be refunded from the policy is divided into these three situations:

(1) Full surrender

Generally, only one of these types can be fully surrendered

1.Surrender during the cooling-off period

There is a hesitation period for insurance, if the surrender is still within the hesitation period, you can surrender the policy in full, and the cost of about 10 yuan will be deducted, and the hesitation period is generally calculated from the receipt of the contract, generally speaking, it is 10-15 days, and the contract will be written.

2.It is signed

Due to the non-standard operation of some salesmen, the insurance contract was signed on behalf of the agent, and in this case, the application for surrender can be returned in full.

3.There is evidence

If it can be proved that the person violated the operation or deceived the consumer, in this case, the application for surrender can also be refunded in full.

(2) Refund of cash value

If the policy is surrendered beyond the hesitation period, only the cash value can be refunded, and the cash value is savings life insurance, such as endowment insurance, whole life insurance, term life insurance with a term of more than one year, long-term consumption critical illness insurance, savings critical illness insurance, endowment insurance, universal insurance and participating insurance; There is no cash value, such as one-year medical insurance and accident insurance.

(3) Return of cash value + dividends

The cash value has been mentioned above, and here we will talk about dividends. Generally, it will be divided into two parts, one part is the agreed fixed payment to the customer's insurance money, and the other part of the insurance money to the customer will be different due to the different operating conditions of the insurance company, and this part of the uncertain insurance money is called a dividend. I don't understand this popular science:

"Demystifying the Mystery of Dividend Insurance".

Obviously, beyond the hesitation period and then surrender, the money that can be returned will not be more than or equal to the premium, that is, there will be a loss, if the decision to surrender has been made, the details of the surrender I put here:What are the details to pay attention to when surrendering an insurance policy? 》Hope!

It's almost negligible to zero, you can call the customer service of life insurance** to ask how much you can return when you surrender the policy, and it will tell you. I think this product will be paid once in the fifth year, but the first year of the payment period is surrendered, and there is almost no money to return, so be cautious. Do you save a lot?