Can I surrender my insurance policy at my local branch?

OK. First of all, it depends on what insurance you buy, and secondly, look at the authority of the local branch, if the branch has the authority to surrender the insurance, you can handle the corresponding business, and some branches do not have the authority, you can play the policy ** consultation.

Now most of the surrender insurance, you can return it with one **, and you don't need to run to the office.

The Insurance Law has corresponding provisions for it:

Article 47 Where the policyholder terminates the contract, the insurer shall, within 30 days from the date of receipt of the notice of termination, return the insurance policy in accordance with the contract.

The cash value.

First, the specific process.

To migrate the policy to your local area first, if the insurance company has a service provider locally. If not, call the customer service of the insurance company** and ask how to handle the surrender procedures, you can express the information to the past, and refund the bank card.

2. Pay attention to the following points when handling surrender:

1. The eligible person to apply for surrender is the policyholder. If the insured applies for surrender, the written consent of the policyholder must be obtained, and the policyholder must clearly indicate who will receive the surrender money.

2. If the policyholder applies for surrender and the contract has been in effect for two years, the insurance company will refund the cash value of the policy after receiving the surrender application.

If the premium payment is less than two years, the insurer shall refund the remaining part to the policyholder after collecting the insurance premium for the period from the date of commencement of the insurance liability to the date of discharge.

3. The surrenderor shall provide the following documents when handling the surrender:

1) The application of the policyholder.

If the insured requests to surrender the insurance, the applicant shall provide a written consent of the policyholder to submit the surrender application;

2) Valid insurance contract and last payment certificate;

3) ID card of the policyholder.

Bright; 4) If you entrust others to handle it, you shall provide the power of attorney of the policyholder.

Principal's ID card.

3. Supplementary Notes:

It is usually not possible to find someone else to surrender the policy on your behalf, but the insurance salesman can help you with the surrender application.

In fact, you have to think about it before you buy it, whether you really want to buy this insurance, you need the protection of this insurance, and you don't have to regret it after you buy it. You should also take into account your own economic level when applying for insurance, otherwise, the premium is too high, which will lead to excessive payment pressure, and if you can't bear the payment pressure and choose to surrender the policy, there will be losses.

The situation of other companies is not understood. If it is a Chinese life, it can be handled at customer outlets (customer service centers) across the country.

The policyholder needs to go to the outlet with the original ID card, bank card and insurance contract of the policyholder, and the surrender needs to be signed and photographed.

However, it is not recommended that you surrender the policy. If it is a protection insurance, the surrender loss is relatively large; If it's a wealth management type of insurance, it's slightly better. All policies are surrendered at cash value.

Surrender characteristics: refers to the act of either party to the contract announcing (or requesting) to terminate the insurance contract and cancel 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.

1. Insurance contract (if there is only an electronic policy, please print the electronic policy and provide it to the insurance company);

2. Proof of identity of the insured (copy of ID card or passport, subject to the type of certificate submitted at the time of application);

3. Insurance premium receipts or invoices;

5. Customers who choose to transfer money need the bank account information of the policyholder (only for ICBC and China Merchants Bank), including the account name (must be the policyholder), account number and opening bank.

Required Procedures:

1) The policyholder's surrender application, if the insured requests to surrender the policy, the surrender application shall be provided with the written consent of the policyholder.

2) The insurance policy provided by the surrenderant to prove the conclusion of the contract and the proof of the last payment.

3) Proof of identity of the policyholder.

4) If the policyholder or the insured entrusts another person to handle the application on his behalf, the power of attorney of the policyholder or the insured and the ID card of the principal shall be provided.

Process: 1. The eligible person to apply for surrender is the policyholder. If the insured applies for surrender, the written consent of the policyholder must be obtained, and the policyholder must clearly indicate who will receive the surrender money.

2. If the policyholder applies for surrender, the contract has been in effect for two years and the payment has been paid for two years, the insurance company shall refund the cash value of the policy after receiving the surrender application, and if the policyholder has paid the insurance for less than two years, the insurer shall refund the remaining insurance premium to the policyholder after collecting the insurance premium for the period from the date of the beginning of the insurance liability to the date of release.

The information required for insurance surrender varies from insurance company to insurance company, but the surrender information is similar 1Application for cancellation of insurance contract 2The original valid ID card of the policyholder 3

Original Insurance Contract 4Proof of payment 5Bank card 6

Power of Attorney The surrender policy is constantly changing, and it is best to understand it before handling the surrender process.

Different insurance companies have different information required for surrender, but in general, the surrender information is similar, prepare the following materials: 1Application for Termination of Insurance Contract

The original valid ID card of the policyholder (some require the business license of the unit, power of attorney, etc.), 3Original insurance contract, proof of payment, 4A copy of the bank card, please contact the insurance company for details.

If the policy is not suitable, the insurance policy is the best way, and the payment has been cut off and stopped, it can be refunded, and the policy can be surrendered in full! Professional credit overdue repair! Permanent fixes! zhanghairun88

Documents required for surrender:

1. Application for surrender: Specify the reason and time for surrender, and the insured needs to be stamped if the insured is a unit and an individual.

Sign. 2. Insurance policy: the original is required. If the insurance policy is lost, it will need to be reissued in advance.

3. Insurance premium invoice: the original is generally required, and sometimes a copy is also acceptable.

4. Proof of identity of the insured: the insured is a unit and needs the business license of the unit; It is a personal need.

Ask for an ID card.

Ping An insurance can be refunded, and how much money you will lose depends on whether you surrender the policy during the hesitation period or surrender it normally.

Surrender can be divided into hesitation period surrender and normal surrender.

Surrender during the cooling-off period.

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.

Normal surrender. Surrender beyond the hesitant travel 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, the policyholder can submit an application for termination, and the 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.

In the insurance contract, in order to fulfill the contractual obligations, the insurance company usually needs to deposit a certain amount of liability reserves, when the insured requests to cancel or surrender the insurance for any reason within the validity period of the insurance, the insurance company will return the balance of the deposit 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.

Extended reading: [Insurance] How to buy, which one is better, teach you to avoid these insurance"pits"

Social security includes five insurances, but only pension and medical care are stored in personal accounts.

According to the regulations, after January 2010, the surrender and cancellation procedures of pension insurance cannot be carried out under non-extreme circumstances. Extreme cases include the death of the person, the emigration of the person, the attainment of the statutory retirement age but the participation in the insurance for less than 15 years, etc.

Based on policy restrictions and the long-term interests of the parties, it is recommended to continue to participate in insurance and pay premiums. You can transfer it to the new unit to continue to participate in the insurance and pay the premium, and the payment time and personal account balance before and after will be calculated cumulatively.

The surrender rate is generally around 70%. The policyholder can unilaterally terminate the insurance contract during the cooling-off period, that is, the policyholder can surrender the insurance and terminate the contract at any time. ‌

Requirements and procedures for handling surrender of insurance:

The applicant is eligible to apply for surrender. If the insured applies for surrender, the written consent of the policyholder must be obtained, and the policyholder must clearly indicate who will receive the surrender money.

If the policyholder applies for surrender, the contract has been in force for two years and the premium has been paid for two years, the insurance company shall refund the cash value of the policy after receiving the surrender application, and if the policyholder has paid the premium for less than two years, the insurer shall refund the remaining insurance premium to the policyholder after collecting the insurance premium for the period from the date of commencement of the insurance liability to the date of discharge.

The surrenderer shall provide the following documents when handling the surrender:

If the insured requests to surrender the policy, the applicant shall provide the application for surrender with the written consent of the policyholder;

The insurance policy provided by the surrenderer to prove the conclusion of the contract and the proof of the last payment;

Proof of identity of the policyholder;

If the policyholder or the insured entrusts another person to handle the application on his behalf, the power of attorney of the policyholder or the insured and the identity card of the principal shall be provided.

If the original company does not handle the transfer of social security after the employee leaves the company, the departing employee will no longer be able to continue to pay social insurance.

After resignation, the original company should handle the suspension and reduction of insurance in a timely manner, and assist the employee in handling the insurance transfer procedures. It should be noted that the money of the social security cannot be withdrawn, and can only be transferred by the finch.

The materials required for the transfer of the slag guarantee are as follows:

1.Certificate of termination of labor contract by the original company.

2.Personnel reduction table.

3.Pension Insurance Handbook.

4.A copy of your ID card.

5.Insurance transfer order.

6.Proof of payment.

7.Labor contract for the new employer.

Take the above materials to the social security bureau where the new company is located to go through the insurance transfer procedures.

Extended reading: [Insurance] How to buy, which one is better, teach you to avoid these insurance"pits"