How much can I get back after paying 5,000 yuan of critical illness insurance for three months?

Under normal circumstances, we cannot apply for full surrender, but can only return the cash value of the insurance, the cash value will be related to the type of insurance, products, payment period and other factors, the specific amount of refund depends on the cash value of the insurance purchased.

Surrender: Surrender is the cancellation of the 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.

Surrender can be divided into cooling-off period surrender and normal surrender (i.e. surrender after cooling-off period). The hesitation period is generally 10-15 days, and if the policy is surrendered during the hesitation period, the insurance company will surrender the policy in full without any reason, but the cost of production will generally be deducted.

Obviously, the 3 months of payment belong after the cooling-off period. In this case, if you want to surrender the policy, you may have a certain amount of financial loss, because the insurance contract stipulates that after the cooling-off period, the corresponding cash value can only be refunded, and the money may not be very much.

So how can we surrender the policy to minimize our losses as much as possible? For those who want to know, you can take a look at this article:[link]{ How to refund insurance surrender, how much can be refunded, and how to reduce surrender losses?

I hope you must be cautious about the surrender of critical illness insurance, if the hesitation period has passed, the senior sister suggests that you should not surrender the insurance, because critical illness insurance is expensive, and the economic loss of surrender at this time is relatively large. If you feel that the critical illness insurance you bought is not good enough, you might as well take a look at this list of the top 10 critical illness insurance: [link]{Top 10 popular critical illness insurance points worth buying!}

If you really want to surrender the policy, how to surrender the critical illness insurance?

There are also two types of critical illness insurance surrenders, surrender during the cooling-off period and surrender after the cooling-off period.

The surrender after the cooling-off period is regarded as a normal surrender, and the policyholder needs to apply to the insurance company for the termination of the contract, and the insurance company will refund the corresponding amount according to the cash value within 30 days.

The specific process of surrender is roughly as follows:

1. Contact the customer service sales staff of the insurance company and ask if the insurance you purchased can be surrendered and how to surrender it;

2. According to the instructions of the customer service sales staff, prepare the relevant information required for surrender;

3. Fill in the surrender application;

4. Submit the surrender application and surrender-related materials to the insurance company and wait for review;

5. After the review is passed, the insurance company will return the corresponding amount according to the contract.

With the monthly premium, I guess you should have been promoted when you bought the insurance at that time, right?

It is possible to refund, but there is a loss, and the loss in the first year is very large, and the specific amount of cash value of the contract can be refunded. If you buy insurance through **, it should be because you are sick and sick, and you are attracted by saving money if you are not sick, so now you think about the specific responsibilities of this insurance, such as what to cover, how much to cover, under what circumstances you can be compensated, under what circumstances you will not be compensated, whether you can solve a problem in the event of a risk and so on.

I am an independent insurance broker, not affiliated with any insurance company, I can provide insurance advice objectively and neutrally, and I can ask all questions about insurance, hoping to help you.

After the purchase of critical illness insurance, if you choose to surrender the policy during the cooling-off period, there will not be much loss, and if you choose to surrender the policy after paying the premium for another year, the personal loss is still relatively large. In general, the penalty for surrender in the first year is 70% of the premium paid. The quality inspection of each type of insurance varies from company to company, and the signed insurance contract shall prevail.

Surrender features:

It refers to the act of either party to the contract announcing (or requesting) the termination of the insurance contract and the cancellation of the insurance policy during the validity period of the policy. In general, a non-life term insurance policy contains a clause for terminating the insurance contract, which stipulates the conditions for either party to cancel the insurance policy before it expires, so as to protect their interests from being damaged by the continuation of the insurance contract. The corresponding premium shall be refunded upon surrender of the policy.

If the policy is surrendered before it becomes effective, the insured can in principle recover the entire premium, but the insurer is also entitled to receive a minimum premium. If the insurer requests to terminate the contract, the unexpired premium shall be calculated on a daily basis and refunded to the insured.

Surrender can be divided into hesitation period surrender and normal surrender

Cooling-off period surrender:

Cooling-off period surrender refers to the surrender of the policy by the policyholder within the cooling-off 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 production.

Surrender Normal Surrender:

Surrender beyond the cooling-off period will be regarded as normal surrender. Policies that have received insurance benefits are not eligible for surrender. Normal surrender generally requires that after a certain number of years of the policy, the policyholder can apply for termination, and the life insurance company should 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. In a long-term life insurance contract, the insurance company usually needs to deposit a certain amount of liability reserve in order to fulfill its contractual obligations, and when the insured requests to terminate or surrender the policy for any reason during the validity period of the insurance, the insurance company will return the balance of the liability reserve minus the cancellation deduction to the insured according to the regulations, and this part of the amount is the cash value of the policy.

You can get a refund of about 80% because there are some fees, and you also need to bear a part of the responsibility and care obligations.

You can get a refund of about 60% to 80%, because the two people have signed the corresponding contract when they buy the insurance, so there are some liquidated damages.

Life insurance surrender is generally only the cash value of the policy, and there will be a certain loss, so it should be considered carefully.

Personally, it is recommended not to surrender the policy, as there will be a loss in surrendering. If you insist on surrendering the policy, you can check the cash value on the policy, and if you have paid for 1 year, then check the cash value for the first year.

Question: How much can I get back if I get 20,000 yuan?

I don't know, it's 6,000 a year, and the insurance policy is in my sister**.

Specifically, you have to look at the contract, and the cash value of the contract is the money you want to return.

If you want to surrender a critical illness insurance policy after paying for three years, the amount you can refund depends on the cash value stated in the policy.

The cash value of the policy generally changes with the number of years of premium payment and the age of the insured, with a small cash value at the beginning of the policy, and increasing the cash value year by year as the policy premium year increases, until it reaches a peak.

If the policy is surrendered after three years of payment, the cash value of the policy will be much lower than the sum of the premiums paid, so the loss of surrender will be a bit large, and it is not recommended to surrender the policy.

In addition, there will be a hesitation period of about 15 days after the insurance, if the policy is surrendered during the hesitation period, in addition to paying a certain amount of cost, there will be no loss.

Extended Information] Critical illness insurance refers to the commercial insurance behavior handled by the insurance company to pay the insurance premium according to the insurance contract when the risk of specific critical illness, such as malignant tumor, myocardial infarction, cerebral hemorrhage, etc. occurs, when the insured reaches the critical illness status agreed in the insurance clause.

Critical illness insurance is simply illness insurance that takes illness as a condition for the payment of insurance benefits. That is, as long as the insured suffers from a certain disease listed in the insurance policy, regardless of whether or not medical expenses are incurred or how many expenses are incurred, the insurance company can receive a fixed amount of compensation.

The "critical illness" covered by critical illness insurance generally has the following three basic characteristics:

First, the "serious condition" will seriously affect the normal work and life of patients and their families for a long period of time; The second is "huge cost", such diseases require more complex drugs or surgeries, and need to pay expensive medical expenses.

The third is that it is not easy to last for a long period of time, even permanently.

There are two main purposes for which critical illness insurance benefits are made:

One is to pay for the insured's high medical expenses due to illness, disease state or surgery**;

The second is to provide financial security for the insured after illness, so as to avoid the financial difficulties of the insured's family as much as possible.

If you have purchased critical illness insurance, as long as the diagnosed disease is in line with the insurance terms, you can get a one-time payment from the insurance company, on the one hand, you do not need to pay the medical expenses in advance after the illness, and more importantly, it reduces the burden of personal medical expenses.

I don't want to pay the critical illness insurance after paying for one year, how much can I get back if I surrender the policy?

Hello dear dear, generally speaking, the liquidated damages for the first year of surrender are 70% of the premiums paid. The quality inspection of each type of insurance varies from company to company, and the signed insurance contract shall prevail. The insurance company has set the cooling-off period at around 10 days.

After the cooling-off period, if you want to surrender the policy again, you will have a certain financial loss because the policy is already officially running and the costs in the policy have already been calculated. The insurer's determination of the cooling-off period is calculated based on the date of receipt. After the late extension, if the surrender has exceeded the late extension, the application for surrender is a breach of the insurance contract and the liquidated damages will be deducted.

Definition of critical illness insurance: Critical illness insurance refers to the commercial insurance behavior handled by the insurance company that pays the insurance premium according to the insurance contract when the insured reaches the critical illness status agreed in the insurance clause when the risk of specific critical illness, such as malignant tumor, myocardial infarction, cerebral hemorrhage, etc. occurs. From February 1, 2021, insurance products under the old definition of critical illness will be completely removed from the shelves.

According to the new regulations, some diseases will be paid according to the severity of the two levels, and the policy can be renewed, and the number of diseases covered has also increased. For the first time, the new regulations introduce the definition of mild illness, which divides the three core diseases of malignant tumor, acute myocardial infarction and sequelae of stroke into severe diseases and mild diseases according to their severity, and the upper limit of the proportion of the sum insured that can be paid for these three mild illnesses is determined to be 30% of the total sum insured. There are different losses for surrender at different points in time:

1. After the contract is established, it is necessary to sign again to confirm that the content of the contract is understood. In this case, if you dispute the contract, you can get a refund of the premium. 2. Sign to confirm that you understand the content of the contract, and then give a 10-day hesitation period.

During this period, only the cost of surrender is 10 yuan, and the premium will be refunded. 3. When the contract is established, a cash value table is given, and the cash value corresponding to the year in it is the surrender money. Customers can grasp the timing of surrender based on the cash value, which is usually very low in the first two years and close to the premium paid after the fifth year.

Summary. Dear Kiss I am happy to answer for you, how much can you refund if you want to surrender the critical illness insurance for two years: the surrender of the insurance will return about 30% to 70% of the principal paid, which should be calculated by the salesman according to the actual situation. 10,000 can return 3,000 to 7,000.

How much can I get back if I have to surrender the critical illness insurance for two years?

Dear Kiss I am happy to answer for you, how much can you refund if you want to surrender the critical illness insurance for two years: the surrender of the insurance will return about 30% to 70% of the principal paid, which should be calculated by the salesman according to the actual situation. 10,000 can return 3,000 to 7,000.

Critical illness insurance is critical illness insurance, which means that the insured has purchased critical illness insurance, and after the observation period, some critical illnesses agreed in the insurance contract occur, such as cancer, cerebral hemorrhage, myocardial infarction, etc., or the loss of limbs due to accidents, etc., and the insurance company will pay a sum of insurance according to the insured amount at the time of application. Critical illness insurance can be divided into consumption-based critical illness insurance, savings critical illness insurance and return-based critical illness insurance according to the product type, and can be divided into whole life critical illness insurance and term critical illness insurance according to the length of protection. Before applying for insurance, you can choose the type of critical illness insurance that suits you according to your needs.

There is no loss in surrendering during the hesitation period, and it is very inappropriate to surrender the policy the rest of the time, only the cash value can be refunded, and it is recommended not to surrender the policy.

It's been a few years, and each company is different, so you can call the national ** ask.

Hello, I am happy to answer for you, in general, in the case of rough sails, the insurance surrender is to return to you according to 70% of the principal you have paid, if you pay 20,000 should be able to refund about 14,000. As for the specific amount, when you buy the insurance, there will be this cash surrender value calculation table on the signed contract, which can be calculated according to this. In fact, there are two forms of insurance surrender calculation.

The conventional surrender refers to the consumer's surrender for some reason, which is called mid-term surrender in insurance terms. When the policy is surrendered, the insurance company will surrender the policy based on the cash value. Since there is a large gap between the cash value and the premium paid by the consumer, if the surrender is not suitable, it can sometimes lead to the loss of more than 50% of the principal.

For example, if it is a premium of 20,000 yuan, if you follow the insurance company's refund method, your 20,000 yuan may not even be refunded 10,000 yuan in the end! And, in many cases, the full surrender of the policy is an impossible problem according to the insurance company. In practice, even if consumers find a lawyer, they will lose more and win less.

So how can you really achieve full surrender, the key is that you have to find evidence that you have been misled by the insurance company, including audio recordings, chat records, signatures and other materials.