If I buy life insurance, but I don t want to pay it halfway, will the money be automatically deducte

Buying insurance is an investment method for contemporary people, many people will choose to buy insurance for their families and children, there are many brands of insurance, people generally trust the insurance products of large companies, Chinese Life.

It is a very popular insurance company. If I buy life insurance but don't want to pay it halfway, will the money be automatically deducted? I think there are the following main aspects.

First of all, the money for insurance will not be automatically returned, if you don't want to continue to pay in the middle, you need to negotiate with your salesman to surrender the insurance as soon as possible to reduce losses. Secondly, if the insurance company has just successfully deducted the money, it can be refunded at the first time to the insurance company, so don't deposit money in the account you transfer when you don't want to pay the bill. Finally, if you choose to surrender the policy, under normal circumstances, the premium will not be fully recovered, and the policyholder will lose part of the amount.

ButCooling-off periodThere is no loss in surrendering, and the hesitation period is usually around 10 to 15 days.

1: If you have any questions, you can consult your own insurance salesman as soon as possible, and if you can't trust the salesman, you can directly contact the customer service of the insurance company to deal with it.

If you don't want to continue to pay in the middle of the process, you need to negotiate with your salesman to surrender the insurance as soon as possible to reduce losses.

2: If you don't want to pay the premium, you should go through the surrender procedures as soon as possible.

If the insurance company has just deducted the money successfully, it can be refunded at the first time when you go to the insurance company, so don't deposit money in the account you transfer when you don't want to pay the bill.

Three: The insurance company will automatically deduct the money, and there will be no loss if you choose to surrender the policy during the cooling-off period.

If you choose to surrender the policy, under normal circumstances, the premium will not be fully recovered, and the policyholder will lose part of the amount. However, there is no loss when the policy is surrendered during the cooling-off period, which is usually around 10 to 15 days.

Whether the insurance can be automatically deducted depends on whether you have bound the deduction bank card when you handle it at the beginning, and open the automatic deduction function, only with the above conditions, the insurance can be automatically deducted when it expires. Otherwise, the insurance will still need to be paid manually after it expires.

Life insurance generally has a 60-day grace period after expiration, and as long as it is renewed within the grace period, the policy will continue to be valid. If the policy is not renewed after the grace period, the policy lapses.

Further information: Surrender often means that the loss is not divided into premiums, but it does not include the following two situations: 1

Cooling-off period: The insurance usually has a cooling-off period, between 10-15 days, each product is different, and there is usually no loss if you choose to surrender the policy within this time period; 2.Sales misleading:

If the salesman has an irregular operation when the insurance contract is signed, and the insurance contract is not signed by the person, there is a chance to apply for a full refund of the premium. It is not the amount of these cases, the loss is certain, and it is good to minimize the economic loss, for example, you can choose to reduce the amount to pay off: that is, do not ask for a refund, but use the current cash value as a premium to pay, how much can be insured, and no longer pay in the future, the protection is still effective, but the sum insured will be reduced.

This will be more cost-effective than direct surrender, but this method is not universal, and whether this plan can be implemented depends on what the insurance company says.

It is best to choose the time to surrender the insurance after the waiting period of the new insurance has passed, so as not to interrupt the coverage due to the surrender and renewal. 2.Health Status:

If the health is not as good as before, the chance of passing the health notification of the new insurance is not so high, and surrender is not the first choice for this group of people. 3.Payment card balance:

If the determination to surrender the policy will not waver again, it is recommended not to deposit money in the card where the premium was paid, and withdraw the remaining money first, so that there will not be a situation where the surrender of the policy is applied for but the money is deducted when the payment period is reached.

First of all, the subject's question, about whether the money will be automatically deducted if you don't want to pay in the middle of buying life insurance, it depends on whether you have bound the deduction bank card when you applied for insurance, and opened the automatic deduction function. If you have bound a debiting bank card and enabled the automatic deduction function, the money will be automatically deducted. Otherwise, the insurance will still need to be paid manually after it expires.

Generally, if you don't pay your premiums on time on the payment date, the insurance company will generally offer a grace period of 60 days. During the grace period, you can still enjoy the corresponding protection, and if you are unfortunate enough to be insured during this period, the insurance company will also bear the insurance liability agreed in the contract.

If you don't pay off your premiums before the end of the grace period, your contract will be terminated and you will no longer be covered. After explaining this, if you still want to know what will happen if you don't pay your premiums on time, you might as well read this article: If you forget to pay your premium, will the policy status become invalid?

If the subject really feels that he does not need this insurance anymore, then he can choose to surrender the policy. Generally speaking, if you surrender the policy during the cooling-off period, the insurance company will usually refund the premium paid after deducting the corresponding production cost. If you surrender your policy after the cooling-off period, the insurance company will refund the cash value.

Senior sister reminds everyone that if the cash value at the time of surrender does not exceed or equal to the premium paid, then we may have a corresponding loss. If you want to reduce your surrender loss, you must not miss this article: How to Surrender Insurance Surrender, How Much Can You Surrender, and How to Reduce Surrender Loss.

You will not be deducted because you have no longer paid life insurance, so it is impossible to deduct any expenses.

Yes, so if you don't want to pay, you must surrender the policy, otherwise it will keep deducting your money, which is an automatic procedure set up.

Yes, as long as there is money in your bank card, it will be automatically debited, and you need to go to this place to stop.

Under normal circumstances, there is a validity period, which is a one-year validity period, and if you don't want to pay it halfway, it will be automatically deducted, so you should terminate it in time.

Chinese Life Insurance.

If you do not pay the policy, you will not automatically surrender the policy. It should be noted here that if your insurance premium payment period has expired, but you have not paid the premium, there is usually a 60-day grace period for payment, and the policy is valid even if the premium is not renewed within these 60 days. If an accident occurs at this time, the insurance company will still do its duty.

If the policyholder renews the premium within the 60-day grace period, the policy is still valid, but if the premium is not renewed after the 60-day period, the insurance contract will enter the suspension stage, and within two years of entering the suspension stage, if the insured person renews the premium, the policy can continue to be effective.

If you have not renewed your premium after two years, you will have no choice but to surrender the policy. However, if you apply for surrender at this time, you can only get back the cash value of the policy.

In other words, there will be a certain amount of economic loss, and it is possible that you can only get back about 30% of the total premium.

You can call some people from the insurance company and tell them you're going to withdraw from the insurance, and they'll help you with some things after that.

You can cancel the way to deduct fees, stop the renewal function, or go through the procedures for stopping, which can be canceled.

You can go to the insurance company and tell some people that you want to surrender the policy, and then after compensating you according to some terms in the contract, the two parties will stop cooperating.

You can call the insurance company's **, and then communicate and negotiate with the insurance company's salesman.

I don't want to pay life insurance + what should I do if I pay before.

If you don't want to pay life insurance, you can generally refund it in the following ways:1Apply for surrender from the insurance company, for example, you can call the insurance company's service** to apply for surrender, and you can also consult the specific information required for surrender by the way; 2.

Bring the surrender information to the insurance company to go through the surrender procedures, generally need the insurance policy, premium payment certificate, the policyholder's valid identity document, the application for termination of the insurance contract, etc.; 3.The staff of the insurance company will assist in the surrender of the policy, and the surrender money will be credited to the bank account designated by the policyholder within the agreed time. If it is a life insurance product purchased on the policy, then it can usually be surrendered directly.

Summary. It depends on whether your payment bank card and Chinese Life have signed a buckle agreement, if each previous premium is automatically debited by the bank.

If the Chinese life insurance is due, it is time to pay the money. If I don't pay it, will the money be automatically deducted from the card?

It depends on whether your payment bank card and Chinese Life have signed a buckle agreement, if each previous premium is automatically debited by the bank.

Then during the grace period, as long as you have enough money on your card, on weekdays, the Chinese Life Club will apply for a transfer every day, and as long as the money is enough, the money will be deducted.

If it is not opened, you need to bring your bank card to the Chinese Life Business Hall to make the card payment on the spot.

Hello, is there anything else I can do to help you? If you are satisfied with the dismantling of the service, you will be bothered to use your rich little hands to help light up the five little stars after the consultation, can you evaluate it? Thank you, and I wish you a happy life!

Legal Analysis: Failure to pay premiums when due will automatically enter a 60-day grace period, during which the protection will continue to be effective. If the premium is not paid after the grace period, the policy will enter a 2-year suspension period, and the protection will also be suspended during the suspension period.

If the premium is not paid within 2 years, the policy will be terminated, and the insurance will be completely terminated, and the policyholder can go through the surrender procedures, if not, the premium will be stored in the insurance company without interest.

Legal basis: "Rural Revitalization Promotion Law of the People's Republic of China" Article 66 The State shall establish and improve a multi-level agricultural insurance system, improve the policy-based agricultural insurance system, encourage commercial insurance companies to carry out agricultural insurance business, and support farmers and agricultural business entities to carry out mutual assistance and cooperative insurance in accordance with the law. The people at or above the county level shall take measures such as premium subsidies to support insurance institutions to appropriately increase insurance varieties, expand the coverage of agricultural insurance, and promote the development of agricultural insurance.

Under normal circumstances, if the deduction of life insurance fails on the same day, it will be automatically deducted later.

If the deduction of the premium is not successful on the same day, the policyholder can immediately deposit sufficient funds into the premium deduction account and wait for the insurance company to deduct the payment again.

Generally, long-term insurance will set a 60-day grace period for payment, and the completion of the payment within the grace period will not affect the protection, however, the premium payment only supports debit cards and passbooks or Alipay account balances, Yu'e Bao and other cash accounts, and does not support credit cards. With many bank cards, there is a limit on the amount of payment per day.

1. If the deduction of life insurance fails on the same day, will it be automatically deducted later?

Under normal circumstances, if the deduction of life insurance fails on the same day, it will be automatically deducted later. If the deduction of the premium is unsuccessful on the same day, the policyholder can deposit sufficient funds into the premium deduction account and wait for the insurance company to deduct the payment again. Long-term insurance plans usually have a 60-day grace period for payment, and completing the payment within the grace period will not affect the coverage.

2. Life insurance

Life insurance is a kind of life insurance, which 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.

2. Classification 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 is entitled 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 will not return the insurance premium, most of which is to provide protection for the insured to engage in more dangerous work in a short period of time.

2. Whole life.

Whole life insurance is a type of indefinite death insurance that covers the insured from the time the insurance contract is in force until the time of the insured's death. 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 duration of life insurance, its rate is higher than that of term insurance, and it has the function of savings.

3. Survival insurance.

Survival insurance means that the insured must survive until the expiration of the insurance period specified in the policy before he can receive the insurance benefits. If the insured dies during the insurance period, the insurance benefits cannot be recovered, nor the premiums paid.

4. Life and death.

Life and death insurance means that if the insured dies within the period agreed in the insurance contract, the deceased beneficiary will receive the death insurance benefit agreed in the insurance contract; If the insured continues to survive until the expiration of the insurance period agreed in the insurance contract, the policyholder will receive life insurance with the insurance maturity payment agreed in the insurance contract. This type of insurance is the most common type of commercial life insurance on the market today.

5. Endowment insurance.

Endowment insurance is a special form of insurance for life and death. Regardless of whether the insured dies during the insurance period or survives to the expiration of the insurance period, he can receive the insurance money, which can eliminate the financial pressure caused by the death of the insured for his family, and enable the insured to obtain a sum of money for retirement at the end of the insurance period.