Ping An Fu has been paid for three years, how much can I refund if I surrender the insurance?

Many people buy insurance without considering their own needs and personal financial situation, which also causes the insurance premiums they buy to be too high and their financial ability to afford it. Ping An Insurance Company launched Ping An Fu is a product with relatively high premiums, and it needs to be paid for more than 20 or 30 years in a row, although this product is very popular in the market and is also well-known, but many people will regret it after buying it and want to surrender the policy. Insurance can be refunded, but surrender will also cause losses to yourself, let's see how much money can be refunded?

Ping An Fu has been paid for three years, how much can I refund if I surrender the insurance?

Ping An Fu is a pure protection type of insurance products, this type of insurance is characterized by low cost and high protection, but compared with other insurance company products, the premium of this insurance is quite high, and the insurance is updated every year, some people want to buy newer products, so they want to return the previous purchase. Although Ping An Fu has been paid for three consecutive years, it can still be surrendered, but the insurance company will refund the premium according to the cash value of the policy, and it is expected to refund 7%-10% of the premium paid.

Why is there a loss when Ping An Fu surrenders?

When consumers buy insurance, insurance companies also need to pay for costs such as manpower and material resources, as well as a bunch of handling fees, so when the policy is surrendered, this part of the loss must be borne by the consumer. In addition, when the consumer buys an insurance from the insurance salesman, the insurance company needs to give a large amount of money to the insurance salesman, which is also a cost, once the policy is surrendered, the insurance company naturally needs to calculate the loss and deduct it from the consumer. Finally, once the insurance is successfully insured and the contract comes into effect, the consumer has begun to enjoy the risk protection of the insurance company, so when the insurance is surrendered, the insurance company also needs to deduct the cost of this period of time.

Surrender will definitely cause losses to consumers, and it is necessary to calculate the loss according to the specific policy, so the surrender must be carefully considered, do not make up your mind easily, and do not easily listen to the opinions of others.

It is refunded on a cash basis and generally only receives 7% to 10%.

You can get about 10% of the surrender benefit, because these operations are lossy, so the surrender ratio is relatively not very much.

If you want to surrender the policy, look at the insurance you have paid for several years, and finally remove the amount for three years according to the money you have paid at the beginning, and the rest will be refunded by the insurance company.

After paying the policy for three years, the cash value of the policy can be refunded in the fourth year, and the specific amount can be found in the corresponding table of the cash value of the policy in the Ping An Fu insurance contract.

1. The cash value of the policy is actually the amount that we can return when we surrender the policy, and many long-term insurances generally have cash value.

2. However, the cash value is not equivalent to the premium we pay, but the amount generated on the basis of the premium - the cost of providing protection - commission - handling fee - cost of production + interest. Therefore, the cash value of the policy will generally increase to a certain extent over time.

3. As a simple example, Lao Wang buys an insurance product that can protect him until he is 70 years old, and he needs to pay 2650 per year for 30 consecutive years. If Lao Wang surrenders the policy in the first year, he may only be able to return the premium of about 600 yuan. However, if Lao Wang surrenders the policy in the fifth year, the amount that can be refunded will reach about 7,000 yuan (the specific surrender amount is subject to the actual policy agreement).

The late surrender time actually means that we can enjoy the protection for a longer period of time, so it is best not to choose to surrender the policy lightly. You can consider when it is better to surrender the policy based on the actual surrender amount and the content of the benefit.

Extended information: What should I pay attention to after paying three years of surrender of Ping An Fu Insurance?

1. Not all insurance products can be surrendered. Many one-year consumer products cannot be surrendered after the cooling-off period, and products that are not within the insurance period and have been insured or received insurance benefits are generally not eligible for surrender;

2. The surrender of the policy needs to be handled by the policyholder. If the policyholder and the insured are different, the policyholder needs to handle the surrender. If the insured wants to surrender the policy, it is necessary to provide the written consent of the policyholder and the policyholder determines who to refund the premium.

3. Do not surrender the policy. Because we will lose coverage after surrendering, and depending on the individual's circumstances at the time of surrender, many products may have denied coverage, deferred coverage, increased coverage, and waived coverage due to age and health problems. Therefore, it is best to consider whether to surrender the policy according to the actual situation.

If the product can still be just not want to pay the premium, it can be through the functions of policy reduction, policy loan, reduction and payment to achieve capital turnover and reduce the pressure of premiums.

After paying for three years, I really can't pay and choose to surrender the policy, that is, I will refund about 7 of the amount paid. I have an insurance policy that has been paid for two years and is 10,000 yuan, and the customer service said that it will be less than 1,000 yuan if the policy is surrendered. You can also ask customer service how much you can refund.

You can take the policy and ID card to the Ping An branch to handle it in person, and at this time, the cash value of the surrender of the policy, and the cash value of the insurance product in the early stage is often very low, and the surrender will bear a certain economic loss.

If you have just signed the policy, you can surrender the policy unconditionally, let the salesman do the preservation and surrender, and then hand over the paper policy to the salesman; Or the consumer can directly take the insurance policy and ID card and go to the Ping An branch of China to handle it in person.

If the payment pressure is too great, you can give priority to changing the annual payment to monthly or quarterly payment to ease the payment pressure or reduce the sum insured.

Ping An Fu is a combination insurance product that includes the main insurance and multiple additional insurances, which is launched by Ping An Insurance of China.

I hope it helped you, and I look forward to your praise, thank you!

It is about 7% to 10% of the premium paid. Its loss rate is quite large, so it is necessary to fully consider before buying insurance, and it is necessary to consider whether the user himself really needs to buy the insurance. If the user really needs to surrender the policy, it is best to do so during the user's hesitation period, otherwise the cash value of the policy will only be refunded.

What is Surrender:

Surrender is the cancellation of an 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. In most forms of non-life term insurance policies, there is generally a clause for cancellation of the insurance policy, which sets out the conditions under which either party may cancel the insurance policy before it expires, so as to protect their respective interests from unreasonable prejudice caused by the termination of the insurance contract.

The clause generally provides that either party to the contract must give notice to the other party within a certain period of time before the cancellation is requested, and the insurance contract will not lapse until the end of the period.

After the cancellation of the policy, the corresponding insurance premium must be refunded. If the policy is not in force, the insured can in principle recover the full premium, but the insurer is also entitled to charge a minimum premium, or a handling fee. If the insured cancels the insurance policy in the middle of the validity period of the insurance policy, the insurance premium shall be paid at the prescribed rate, and the insurer shall refund the balance of all insurance premiums after deducting the insurance premiums payable to the insured; If the insurer requests cancellation of the insurance policy, the unexpired portion of the premium shall be refunded to the insured on a daily basis.

Main types: Surrender can be divided into hesitation period surrender and normal surrender. Some insurance companies offer a negotiated surrender method in order to resolve disputes.

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 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. Fold.

Ping An Fu Insurance needs to deduct 15 to 30% of the handling fee after paying the surrender for three years, so you can't get much money.

Ping An Fu Insurance has been paid for three years, and if the policy is surrendered, this should not be much. Up to half of the refund. Contribution amount.

For Ping An Fu Insurance has been paid for three years, even if you surrender the policy, you can't get much money, if you have financial strength, then don't refund, continue to pay forward, in short, you will benefit.

Because if you surrender the policy, you can't refund much money in the first year, push a little more in the second year, and maybe about 30% in the third year, so a total of three years is about half at most.

If your Ping An Fu insurance has been paid for three years, it is best not to surrender the insurance, and it is best to pay it over, because if you surrender the insurance, he will return it to you at more than 30%, because it is not cost-effective for you to sign a contract at the beginning.

Looking at the cash value table in the policy, the cash value corresponding to the policy year is the money that can be refunded when the policy is surrendered.

If you have paid Ping An Fu Insurance for three years, you now want to surrender the policy. If you want to surrender the policy, it is the cash value of the third year of the policy for the surrender value. This is the cost of surrendering your policy.

What is the cash value of one of the policies in your insurance policy? It has a rule that the cash value of the money can be refunded according to the previous one.

Ping An Fu Insurance has been paid for three years, and even 10% of the money cannot be refunded if the policy is surrendered.

You need to look at the cash value table on the policy.

Or go to the front desk to inquire.

Question: Ping An Insurance has been paid for three years, more than nine jobs a year, how much money can be refunded now! Thank you!

Question: If you don't have an insurance policy, you can probably say the number.

It is not recommended to surrender the policy halfway, the loss is too large and it is not suitable.