How much can I get back when I surrender my life insurance?

1. Surrender during the hesitation period: The surrender during the hesitation period refers to the surrender of the policy during the hesitation period agreed in the contract. Generally, insurance companies stipulate that the policyholder has a cooling-off period of 10 days after receiving the policy. Usually, the insurance company will refund the entire premium after deducting the cost of 10 yuan.

2. Normal surrender: Surrender beyond the hesitation period is regarded as normal surrender. Policies that have received insurance benefits are generally not eligible for surrender.

Normal surrender generally requires that after a certain number of years of the policy, the policyholder can submit an application for termination, and the life insurance company shall refund the cash value of the policy within 30 days from the date of receipt of the application. The cash value of a policy is the amount of money that can be returned in the event of termination or surrender of the life insurance contract.

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Some people think that insurance is almost just a matter of buying it, until one day they feel that the insurance they bought is not good and want to surrender it. Then don't be sloppy about surrender, and if you don't understand the knowledge of surrender, you can read this article to learnHow to surrender insurance, how much can be refunded, and how to reduce surrender losses?

The article is very detailed, here are a few points to briefly say.

Surrender often means loss of premium, but not in either case:

1.Cooling-off period surrender:About 10-15 days after buying the insurance is the hesitation period of the insurance, and if you surrender the insurance within this time, there is basically no loss;

2.Sales misleading:If the contract is signed under the non-standard operation and misleading operation of the salesman, and the signature in the insurance contract that makes the contract effective is not signed by the person, the probability of returning the entire premium is very high.

If the actual situation does not meet these two types, there will be a certain degree of economic loss, and we can only find ways to minimize the economic loss, such as choosing to reduce the amount and pay it off

That is, the money is not refunded, but the current cash value is used as the premium to be paid, how much can be insured, and no further payment will be made in the future, and the protection will still be effective, but the sum insured will be reduced.

In fact, this is more cost-effective than surrendering insurance, but not all insurance products have this function, and whether such a situation can be handled needs to be confirmed with the insurance company.

In addition,These situations are also critical for surrender:

It is best to choose to surrender the insurance after the waiting period of the new insurance has passed, because the interruption of the coverage caused by the surrender and replacement of the insurance should be avoided as much as possible.

2.Health Status:If you are already in poor physical condition, the chances of passing the health notification of the new insurance are not so high, and it is not recommended to surrender the policy in this case.

3.Payment card balance:If you have already thought that you will definitely surrender the policy, you should not deposit money into the bank card that paid the premium and clear it to zero, if the payment period is deducted, and you have not applied for a refund, it will be another loss.

The precautions for surrender are not limited to this, I will not elaborate on them, this article is very detailed, and I will share it with youWhat are the details to pay attention to when surrendering an insurance policy? Hope!

It mainly depends on which period the policy is surrendered: if the policy is surrendered during the hesitation period, the insurance company will generally refund all the premiums that have been collected or refund after deducting the cost of dozens of yuan, with zero loss or very small loss. If you surrender the policy after the cooling-off period, you will generally only get back the cash value of the policy.

First of all, not all products have a surrender value. Taking consumer insurance products as an example, common ones such as general home insurance, pure medical insurance, etc., have all the insured amount for protection, and there is no savings element, and there is no cash value for policy loans or cash-out. What to do with an unsatisfactory policy?

1. Some insurance has the function of reducing the amount of payment, that is, you don't want to continue to pay, and you don't ask for a refund of the cash value, but the amount of insurance will be relatively reduced. For example, if you buy an insurance with an insurance amount of 500,000 yuan, if you don't want to pay for it in the 5th year, you can choose to reduce the insurance amount to 200,000 yuan, and you don't have to pay for it in the future, and at the same time, this protection is still there. Of course, it's important to note that not all products have this feature.

2. Policy loan If you buy long-term insurance, especially financial insurance, then his cash value can be loaned, if you need capital turnover, you can consider policy loans, and the policy loan interest rate is lower than the market interest rate.

3. Reduce the sum insured Some products can reduce the sum insured, if you can't afford the higher premium, you can apply for a proportional surrender of the policy, reduce the amount of the sum insured, and the annual premium paid in the future will be much less and less stressful. Of course, not all products have this function, and this is equivalent to a partial surrender, and there will be a certain loss.

4. Surrender After we weighed the policy, we finally decided to surrender the policy. In fact, it is not only us who have lost the surrender policy, but also the insurance company. Whether it is contracted to apply for insurance, or surrendered, the insurance company will arrange manpower and material resources to be responsible for the operation, these are costs, and the commission paid cannot be recovered, and within a few years of purchasing insurance, the insurance company also provides risk protection for consumers, and this cost also needs to be deducted.

If we can accept a certain loss and determine the surrender, we can quickly cut through the mess and make a break as soon as possible, how much money can be refunded, you can check your own policy, if you can't find it or can't understand it, you can also consult the customer service of the insurance company.

There is no fixed amount of premium refund, as it needs to be calculated based on the type of insurance you purchase, the number of years you have paid the premium, and the amount you pay each year。But in any case, it is almost impossible to return all the premiums paid for the surrender of the policy, so you still have to be mentally prepared, you may have paid 10,000 yuan of premiums every year, but only a few thousand yuan were returned, which is a normal thing.

Some people will think that this approach of the insurance company is not unfair, in fact, let's think about it the other way, if you are an insurance company, and the other policyholder defaults, will you bear the losses you suffer? Of course it's impossible, and what about this loss from the **? It is deducted from the premiums paid by the policyholder.

Some people may think, why do insurance companies have losses? In fact, after we complete the insurance, the insurance company will pay a commission to the salesman, and at the same time, there are many fees such as service fees, management fees, handling fees, etc. These costs are considered losses of the insurance company and need to be borne by the policyholder.

There are generally only two possibilities for a full surrender, the first is that the policy has not been purchased for a long time and is still in the cooling-off period. For example, your insurance may only be purchased for about 10 days, then in this case, you can surrender the policy in full, and you need to apply to the insurance company as soon as possible, generally deducting the cost of 10 yuan at most. The cooling-off period is different for each insurance policy, which we can check from the insurance wording.

The second is that you have been deceived and other violations when applying for insurance. For example, if you can prove that the insurance salesman was cheating, then you can negotiate with the insurance company to surrender the policy. The insurance company will give you an accurate answer after investigating what happened.

If you are not satisfied with this answer, you can also resolve it through litigation.

Answer: Hello, it depends on which product you are buying in Fude Life Insurance Company, you can refer to the insurance contract has a page called the cash value table, to see, you are the first year. refund, and then corresponds to what is the cash value of the corresponding year. That's how much.

Question: I paid 10,000 yuan in two years.

Question: Health and carefree.

Answer: This is a health insurance series of policies, pay 5,000 a year, pay two years of premiums, a total of 10,000, basically if the cash value of surrender is high, you can return it, three or four thousand yuan.

I'm just giving you a uh estimate, but you'll still have to look at the cash value table in your policy. This is because the cash value of health insurance is low.

Thank you for the question, why did you want to surrender the policy? Because the loss of the surrender customer is very large, first of all, the customer's own health insurance protection is gone, and secondly, the customer's money will be lost.

Generally, it can be returned within 30 days from the date of application, and you must bring the policy, ID card, bank card and other materials to the insurance company's customer service center for processing, and wait for the refund after review.

Generally, this kind of insurance can not be surrendered, if you want to surrender the policy, the insurance company will deduct the handling fee, you should take your insurance and trust to ask the insurance commissioner, is how much to deduct, because the operation of each company is different, so it is most appropriate to ask the insurance company.

At this time, it will be calculated according to the amount of money you invested when you buy the insurance, and then you also need to deduct the corresponding procedures when you surrender the insurance, and the cost is about 10%.

This type of life insurance is generally surrenderable, but it does not return a lot of money, usually around 70%.

Generally, the money returned is not very large, and the cash value column is the money you want to return.

To surrender the policy, you can go to the local Fude Life counter with your ID card and insurance contract.

If the insurance policy is gone, can I find the contract with the ID cards of the insurer and the insured?

Fude Life Insurance.

Here's how to surrender the policy:

1. The insured person should bring his or her ID card.

Surrender the insurance policy and bank card at the counter of the bank where the insurance was purchased, and the surrender will be successful after signing the surrender agreement;

3. The insured person can bring the relevant documents to the counter of Fude Life Insurance Company for processing.

Life insurance is life insurance.

A kind of life insurance that takes the life of the insured as the subject of insurance and the life or death of the insured as the condition of payment. As with all insurance businesses, the insured passes the risk to the insurer, accepts the insurer's terms and pays the premium. Unlike other insurances, life insurance passes on the risk of survival or death of the insured.

Types of Life Insurance:

1. Term life. Term life insurance is based on the death of the insured during the period specified in the policy, the deceased beneficiary has the right to receive the insurance money, if the insured does not die during the insurance period, the insurer does not need to pay the insurance money and does not return the insurance premium, Lu Oak digging referred to as "term life insurance".

Most of the insurance covers the insured to perform more dangerous work in a short period of time;

2. Whole life. Whole life insurance is a type of indefinite death insurance, abbreviated as "whole life insurance."

Insurance liability extends from the date of the effective date of the insurance contract until the death of the insured. Since the death of a person is inevitable, the benefits of a whole life insurance must eventually be paid to the beneficiary.

Due to the long insurance period of whole life insurance, its rate is higher than that of term insurance, and it has the function of early verification and savings;

3. Survival insurance means that the insured must survive until the expiration of the insurance period specified in the policy before receiving the insurance money. If the insured dies during the insurance period, the insured cannot claim to recover the insurance premiums and cannot recover the premiums paid.

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How much can Fude Life surrender be refunded, as follows:

1. Surrender the policy during the hesitation period. After the user buys the insurance, there will be a hesitation period, the time of the hesitation period is about 10-15 days, at this time the user surrender is able to surrender the policy in full, some insurance companies will charge a 10 yuan of production cost, for the user, there is basically no loss;

2. Surrender the policy after the cooling-off period. The policyholder buys the insurance and wants to surrender the policy, and after the cooling-off period, the policyholder can only get the cash value of the policy. Assuming that the premium of the policy is $5,000 and the cash value is $500, the policyholder can only get $500 when he surrenders the policy after the hesitation period.

Surrender is the cancellation of an insurance policy. After the insurance contract is signed, the parties may terminate the contract by agreement or in accordance with the laws and regulations of the country. In most forms of non-life term insurance policies, there is generally a clause for cancellation of the insurance policy, which sets out the conditions under which either party may cancel the insurance policy before it expires, so as to protect their respective interests from unreasonable prejudice caused by the termination of the insurance contract.

Fude Life Insurance has been bought for 4 years, and if you want to surrender the policy, you can only return the cash value of the policy. Basically in the thousands of dollars. You can take a look at the cash value paid at the back of your policy.

I hope this is for your reference<>

How much money can I get back after I have purchased 4 years of Fude Life Insurance and surrender it?

Basically in the thousands of dollars. You can take a look at the cash value paid at the back of your policy. I hope this is for your reference<>

Pay 5180 per year

The corresponding cash value for this year is 4940

Hello dear, let you wait for a long time, the cash value of the insurance refund has his calculation formula, each company is slightly different, just communicated with Fude Life Insurance, you need to provide the policy number of their actuary to calculate the accurate number, you can directly contact 95535, report your policy number, they can ** help you calculate.

Your cash value this year is $4,940, but it's decreasing every day, so hurry up if you want to surrender the policy.