What does the 0th year mean in the cash value table of the policy?

The cash value refers to the amount that is refunded by the insurance company to the policyholder when the policyholder surrenders the policy or the insurance company terminates the insurance contract. Normally, insurance companies determine insurance rates based on the probability of an insured event.

A high probability of an accident is associated with a high insurance rate, and vice versa.

The cash value of the first year 0 refers to the amount that can be obtained by surrendering the policy in the first year after applying for insurance, and the cash value of some insurance.

Very low, like Ping An Fu, his cash value is extremely low, and if he wants to surrender the policy after paying for one year, the principal he gets back is not half of his principal. It is advisable not to surrender the policy once it has been insured.

The official website shall prevail.

Let's talk about the first year first, the first year is actually the end of the first year, which generally refers to the corresponding date of the next year after the effective date of the policy, and if there is no corresponding date in the next year, the date at the end of the first year will be determined according to the provisions of the insurance policy.

Then the 0th year (year-end) is the effective date of the policy (the day of the current month).

Since the cash value refers to the cost that the insurance company refunds to the policyholder at the time of surrender, then to determine how much money can be returned by surrendering, it is necessary to take the time point when surrendering, if the time point is from the end of the nth year to the day before the end of the n+1 year (except for the hesitation period), because it does not meet the requirements of the end of the n+1 year, the cash value is not calculated according to the cash value at the end of the n+1 year, and the specific amount that can be recovered by surrendering, Calculated and determined according to the rules agreed in the policy (in this case, a further surrender fee is required).

The cash value at the end of the policy year refers to the cash value of the insurance contract on the day before the next policy effective date. The so-called cash value refers to the value of the insurance policy with the nature of savings, and the insurance company returns the cash value of the policy after the cooling-off period.

In addition to surrendering the policy, the cash value can be partially loaned out through a policy loan or withdrawn through a policy reduction.

However, a certain amount of interest is required to be repaid for a policy loan, and a reduction in policy will reduce the basic sum assured of the policy.

If you don't have these two policy benefits, if you still want to surrender the policy for cash, please pay attention to the details when surrendering the policy?

When it comes to cash value, it is inevitable to talk about the current hot incremental whole life insurance in the market.

Because many insurance products are surrendered after the hesitation period, there will often be a certain loss.

However, the current price of incremental whole life insurance is relatively fast, and usually the cash value can exceed the premium paid before and after the expiration of the premium payment period, and there will be no loss when the policy is surrendered.

In addition, in order to improve the flexibility of policy funds, increased whole life insurance generally has rights and interests such as policy loans and policy reductions.

If you want to apply for increased whole life insurance with high capital flexibility, you have to look at it first: what is the sacredness of [increased whole life insurance] that can manage money and protect money? Is it worth starting?

The cash value at the end of the policy year refers to the value of the insurance contract held by the policyholder on the day before the next policy effective date. If the policy is surrendered at the end of the policy year, the surrender amount is equal to the cash value at the end of the policy year.

For example, if the policyholder buys an insurance policy, and the insurance salesman knows that the policyholder needs to renew the policy three days before the insurance expires, and the policyholder thinks about it for two days but does not want to renew the policy, the policyholder can bring the insurance contract to the insurance company to surrender the policy, and the surrender amount at this time is the cash value at the end of the policy year.

The end of the insurance year refers to the day before the next policy effective date. The cash value refers to the value of the insurance contract held by the policyholder, which is the cumulative value of the premiums paid by the policyholder in each period after deducting the insurance cost, operating expenses, insurance commissions and other related expenses.

The cash value is the part of the premium paid by the policyholder that is higher than the cost of insurance, operating expenses and the interest thereon, after deducting the corresponding surrender charge. The difference between premium and cash value is mainly due to the cost of protection, operating expenses and surrender charges.

As the insurance cost, operating expenses or surrender costs of some insurance products increase as the age of the insured or the length of the insurance contract increases, the cash value will also decrease accordingly.

Cash value. It is the surrender value of the insurance.

The cash value table on the policy contract is the money given for which year the policy was surrendered.

According to what you said, you have now purchased 1 year and a half split, that is, 18 months, then the monthly premium is, a total of 18 months paid yuan.

The first 001 on the cash value table means that at the end of the first policy year, the posture collapses and you are not yet in the second year, so it is surrendered according to the cash value corresponding to 001, that is, 1382 yuan, which is the money you surrender, the loss is large, be cautious.

400-888-8288, customer service will tell you how much you can refund.

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

The cash value at the end of the policy year refers to the balance of the money that the insurance company needs to return if the policyholder has a surrender need during the insurance period, and the balance after deducting the cancellation deduction from the liability reserve deposited for withdrawal.

The end of the policy year is the policy payment date of each year, and the actual amount of money that can be recovered is shown in the cash value table attached to the policy. Therefore, the policyholder is in the hesitation period.

If you surrender the policy, you need to understand the cash value of the policy first.

See if it's a good deal. If it is not cost-effective, you may consider applying for a policy loan.

In the event of any of the following circumstances, the insurance company shall refund the cash value of the policy to the policyholder in accordance with the contract:

1. The insurance company terminates the insurance contract according to the regulations, and the policyholder has paid the insurance premium for more than two years;

2. In the case of a contract in which death is a condition for the payment of insurance benefits, the insured commits suicide within two years from the date of the conclusion of the contract;

3. The insured intentionally commits a crime that causes his or her own disability or death, and the insured has paid the insurance premium for more than two years.

1.Cash value.

It is a clear amount table, that is, how much is written on the top to the corresponding year, and how much is this closed. For example, after you have been insured for one year in 97, the cash value of the policy is the amount marked as orange at the end of the first year, which is generally the amount of one copy, and you can multiply it by a few copies.

2.This type of insurance is a very good type of insurance for survival, the interest rate level is low in the year, the payment is less, and the receipt is more, and now it seems to be very cost-effective. It is recommended that you do not change the type of insurance, just as an allowance for your child.

Finish. Hope it helps.

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

The value of the gold is now increased.

is a loan in the policy.

It is used when surrendering, converting insurance, etc., and is not usually used. If it is: dollars, then multiply the value you look up by the number of shares.

Just like what you said about the end of the first policy year, the cash value is yuan, that is, if you want to surrender the policy after a full year, the surrender money you get is 11 yuan, of course, you can look at it yourself.

Extended reading: [Insurance] How to buy, which is a good posture, teach you to avoid these insurance"pits"

The end of the insurance year is the policy payment date of each year, and the list of policy payment dates from the first year to the 80th year of the policy at the end of the year of insurance from 1 to 80.

The policy cash value at the end of the policy year is the cash payable at this time when the policy is surrendered.