How much money can be returned if Taiping Insurance is surrendered less than a year ago

If you plan to surrender the policy, the first thing that comes to mind is how can you get as much money back as possible? This guide can help you:《 How to refund insurance surrender, how much can be refunded, and how to reduce surrender loss? 》

How much can be refunded depends on what kind of situation it is

(1) Full surrender

Generally, these conditions can be surrendered in full:

1.Surrender during the cooling-off period

There will be a hesitation period after the policy takes effect, and the surrender of the policy during the hesitation period can be refunded in full premium, only deducting about 10 yuan of the production cost, usually the beginning of the hesitation period is after the receipt of the contract receipt, generally speaking, it is 10-15 days, and there will be provisions in the contract.

2.It is signed

Because some salesmen do not operate in a standardized manner, the insurance contract is not signed by themselves, in this case, the application for surrender can be returned in full.

3.There is evidence

If the ** person violates the operation or deceives the consumer, if there is evidence, the full premium can be refunded if the application for surrender is also available.

(2) Refund of cash value

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

If you want to surrender the policy and want to know the cash value of the policy, you can read the contract or call the insurance company **, and the calculation is generally according to this formula:

(3) Return of cash value + dividends

The cash value has been mentioned above, and here we will talk about dividends. Dividends are generally divided into two parts, one part is agreed to give the customer a fixed insurance premium, and the other part of the insurance money to the customer will be different due to the different operating conditions of the insurance company, this part is the dividend, there is no fixed value. The details are sorted out here:

"Demystifying the Mystery of Dividend Insurance".

It can be found that if the policy has been surrendered after the hesitation period, the money that can be returned is basically less than the premium paid, which means that there will be a loss, and if you really decide to surrender, I have sorted out the details of the surrender here:What are the details to pay attention to when surrendering an insurance policy? 》Hope!

Hello! Surrender is the cash value of the surrender policy, you can look at the cash value table on the policy, the cash value corresponding to the first year is the surrender money; Or you can also consult China Taiping customer service**95589, and the customer service will tell you how much you can refund.

However, the loss is very large, and the surrender should be cautious.

Hope it helps!

Taiping Insurance paid a total of 4,002 for a year, how much can I refund.

Summary. Hello dear, if you surrender the policy, you can refund 30% 60% of the premium.

Hello dear, if you surrender the policy, you can refund 30% 60% of the premium.

Because surrender can only be the cash value of the surrender policy.

Another advantage of this is that you can consult the customer service about the specific information required for surrender, so as to avoid the situation that you cannot surrender the insurance and run in vain due to incomplete information2.To prepare the surrender materials, it is generally necessary to prepare the policyholder's valid identity document, insurance policy, premium payment certificate, application for termination of insurance contract, etc. Among them, the application for termination of the insurance contract can generally be made on the official website of the insurance company**, or it can also be filled in directly at the insurance company;3.

Bring the surrender materials to the insurance company to go through the surrender procedures, and the staff of the insurance company will generally assist in the surrender, usually to withdraw the policy and give the surrender certificate to the surrenderer4.The surrender money will be credited to the bank account designated by the policyholder within the agreed time. If it is an insurance product purchased on the policy, then it is generally possible to surrender the policy directly.