Can the principal be repaid at the end of the ten year premium payment period?

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Jintai Life B is a participating life insurance, life insurance, as the name suggests, is a payout after death, and the dividend type is a certain number of years to pay dividends every year in the later period, and the income is uncertain. The principal cannot be refunded at the expiration of the payment period, and the cash value can only be refunded if you want to refund, so I will talk about it in detail below.

Some people always sign a contract with a wave of their hand when they buy insurance, and when they get to the back, they feel bad and regret that they want to surrender the insurance. When surrendering the insurance, you should also be cautious, don't just return it again, there is a lot of surrender knowledge in this article, you can take a look at it if you don't understandHow to surrender insurance, how much can be refunded, and how to reduce surrender losses?

The article is very detailed, here are a few points to briefly say.

Generally speaking, there will be a loss in the event of a surrender, but there are exceptions, such as the following:

1.Cooling-off period surrender:Generally speaking, there will be a hesitation period after buying insurance, which is about 10-15 days, during which the premium can be refunded in full without reason;

2.Sales misleading:If the insurance purchased before was signed under the irregular operation of the salesman, and the insurance contract should be signed by the person but not signed by the person, you may have the opportunity to apply for a full refund of the premium.

If it is not for these two special circumstances, the loss is certain, and what can be done is to minimize the loss as much as possible, for example, you can choose to reduce the amount and pay it off:

That is, the money is not refunded, but the current cash value is used as the premium to be paid, how much can be insured, and no further payment will be made in the future, and the protection will still be effective, but the sum insured will be reduced.

In fact, this is more cost-effective than surrender insurance, but it does not mean that every product can use this method, and whether this plan can be implemented depends on what the insurance company says.

In addition,These situations should not be taken lightly when surrendering:

After buying a new policy, wait until the waiting period has passed before returning the old policy, and don't let the coverage be interrupted by surrendering and replacing the policy.

2.Health Status:If you are not in good health, you may not be able to pass the health notice of the new insurance, in which case it is not a good choice to surrender the policy.

3.Payment card balance:If you have already thought about it, you will definitely surrender the policy, and it is best to take the money from the bank card where you paid the premium, so as to avoid being deducted a sum of money during the payment period.

Regarding the surrender, there are a lot of details that need to be paid attention to, I will not go into detail here, here to share with you a very comprehensive article, interested can be collectedWhat are the details to pay attention to when surrendering an insurance policy? Hope!

Under normal circumstances, there will be a loss when surrendering an insurance policy, and the difference depends on the proportion of loss.

If it is a universal insurance, there is also the possibility of income when the continuous payment plan is reasonable.

Specifically, consult your own ** person in detail to sort out and analyze the insurance policy.

Taikang Wealth Life D Participating Insurance Product cannot be refunded after ten years of full payment. The return of the principal needs to be based on the provisions of the contract, that is, how the insurance company returns the interest, and how old the insured can be refunded, generally these are stipulated in the contract, but just paid for 10 years, it should not be refundable, all of them must be according to the provisions of the insurance contract, if the early exit is a surrender, the policyholder will have a loss. In addition, the amount that can be recovered at the time of surrender of annuity insurance is the cash value of the policy in the current year, and the cash value is related to the age at the time of application, the time and amount of payment, and the annual premium paid.

For example, a 30-year-old man who has purchased Taikang Wealth Life D Life Life Annuity Insurance will receive a survival pension of 1,252 yuan per year from the age of 31 to life, a special pension of 5,000 yuan at the age of 35, and a life pension of 100,000 yuan at the age of 88. The longer the annuity insurance is held, the more money you will receive.

Extended information: 1. Is it necessary to buy annuity insurance?

Annuity insurance is a kind of insurance that takes the survival of the insured as a condition and the insurer pays the insured a living annuity in a regular and regular manner according to the amount and method agreed in the contract and within the agreed period.

The annuity insurance payment period is usually 10 years, 20 years, the payment period is longer, just like planting a tree, signing a contract is the time to sow seeds, regular payment of insurance premiums is continuous hard work, waiting for its blossoming and fruiting, after the expiration of the insurance company to pay insurance money is to pick its fruit every year. It is equivalent to us giving the funds at this stage to the insurance company, and the insurance company will pay the insurance money in the future.

2. What are the advantages of annuity insurance?

1) High stability. Annuity insurance has higher security performance, because its liquidity performance is low, and its risk is lower, which is the stability of funds.

2) Prevent pension risks. Annuity insurance can prevent the risk of future pension, the current trend of social aging is becoming more and more obvious, and the pressure and cost of pension for the elderly in the future are increasing.

3) Lock in young people's spending. Generally speaking, the insurance money of annuity insurance can only be received at the time agreed in the contract, and there will be a certain economic loss if the policy is surrendered early. For today's young people, this requirement is equivalent to having a definite reserve every month or year, which can avoid the creation of a moonshine clan.

3. Who is suitable for annuity insurance?

Annuity insurance is not applicable to all groups of people, generally speaking, under the premise of doing a good job in basic configuration, people who still have money in their hands are more suitable to consider buying annuity insurance.

1) People with pension planning.

2) People who have plans for their children's education or entrepreneurship.

Therefore, the liquidity of annuity insurance is low, the risk is lower, which is the stability of funds, the current trend of social aging is becoming more and more obvious, the pressure and cost of pension for the elderly in the future are increasing, and annuity insurance can be a good way to prevent the risk of pension in the future.

Dividend-paying insurance and wealth management products, the principal is generally not refundable, how do you pay dividends after retreating, the principal refund should be stipulated in the contract, you can return after how old you are, but just paid for 10 years, it should not be refundable! All of them must be in accordance with the provisions of the insurance contract, if you leave early, it is a surrender, and you will have a loss.

Whether the principal can be recovered after the expiration of 10 years of Taikang Yingyue Life Annuity Insurance is stipulated in the "insurance liability" clause in the insurance contract, and the amount of dividends is uncertain.

Here are the must-see contents before purchasing annuity insurance! By the end of this article, you will be more professional than 80% of insurance salesmen"Annuity Insurance Purchase Strategy Sharing! Don't jump into these pits anymore! 》

Win Joy Life is an annuity insurance product plan, the full name of this insurance plan is Taikang Win Joy Life Annuity Insurance Product Plan (Premium Edition), the main product is annuity, you can freely choose the following four collocation methods: annuity + universal account; Annuity + Privilege Win Whole Life Insurance; Annuity + Universal Account + Waiver; Annuity + Prestige Win Whole Life + Waiver.

Taking Taikang Winning Joy Life B Annuity Insurance as an example, the protection content is as follows:

1. Special insurance money:On the corresponding date of the 6th 7th and 8th policy years, the insurance premium shall be paid according to the annual premium paid multiplied by the agreed benefit ratio.

2. Survival insurance money:From the 9th year up to the age of 105, you can receive a survival pension every year. 20% of the date before the date of the first contract after the age of 60 and 40% after the date of the first contract after the age of 60.

3. Birthday Payment:It can be paid every year between the ages of 70 and 79, and 10% of the premium paid will be paid.

4. Education and care funds:If you apply for insurance before the age of 10 (inclusive), you can receive education care funds. The payout amount is 20% of the sum insured, and the payout time is the corresponding date of the first year after the age of 18, 19, 20, and 21.

5. Death Benefit:In the event of death before the age of 79, the premium paid and the cash value shall be paid according to the greater of the premiums paid; In the event of death after the age of 79, the payment shall be based on the cash value of the contract.

If you still have questions about annuity insurance, it is recommended to consult Mint Insurance, which adheres to the principle of neutrality and objectivity to serve users, in addition to the risk output, Mint Insurance also contains insurance configuration services, and objectively gives appropriate program recommendations according to the different situations of users.

It is impossible for this product to return the principal in ten years, at most it can only ensure that the surrender loss can be minimized after ten years, which means that if the policy is surrendered after ten years, the premium paid for ten years can be returned, not that the principal can be returned. This product is a lifelong non-returnable product. At present, the insurance on the market is the prosperity of Chinese's life, 20 years later, the return to the capital, the return before the return is also super high, of which the fifth year and the sixth year directly reward one year of premium, the seventh to the nineteenth year of the annual return of the amount of insurance, the income is super high, if you need to know, please ask or send me a private message.

Different insurance products vary, you can call your desired insurance company** for advice.

Pacific Gold Bless Life will return to its roots, but the "capital" here refers to the cash value. Jinyou Life is a comprehensive insurance (participating), which means that if the compensation is not paid within the agreed period, the corresponding cash value can be returned. In the unfortunate event of death, the sum insured and accumulated dividends can also be paid out in the event of a lifetime

How about the participating insurance that can be retired after the upgrade? 》

Pacific Insurance Jinyou Life 2014 is only a kind of protection insurance, during the payment period, if the insured has a specific disease agreed in the contract after the advance insurance payment, the subsequent insurance premiums are exempted, and dividends can be obtained but there is no return of principal.

It not only provides lifelong value protection, shelters from the wind and rain for a happy life for oneself and one's family, resists risks, but also provides protection for critical illness and specific diseases, and can also use the annuity conversion function to receive pension every year according to the needs of pension planning, adding excitement to life in later life, and realizing the "one-stop" comprehensive protection of value, critical illness, specific diseases and pension.

During the validity period of the contract, if you urgently need working capital, you can use the policy loan function or policy reduction function to alleviate the financial pressure.

This product is combined with Additional Jinyou Critical Illness Type A (2014 Edition) (i.e. "Additional Jinyou Life Prepaid Critical Illness Insurance Type A (2014 Version)") to form a more comprehensive protection plan.

Extended Materials. Coverage: Age: 30 days old to 65 years old. Payment method: single payment, 5 years, 10 years, 15 years and 20 years. Insurance period: to the life of the insured.

The amount of Value Protection, Critical Illness Protection and Specific Disease Protection will continue to increase with the distribution of annual dividends every year, compound interest on the sum assured and no underwriting and physical examination, so that the level of protection can achieve dynamic growth, in addition, you can also get generous terminal dividends and obtain sufficient protection.

Not only does it provide coverage for up to 60 critical illnesses, but it also provides early coverage for 12 specific diseases.

Death or total disability due to causes other than accidental injury within 180 days from the date of entry into force or last reinstatement of the contract (whichever is later): premium paid under the main insurance contract and the supplementary insurance contract + cash value corresponding to the accumulated dividend sum assured at that time + special dividend, and the main insurance contract and the supplementary insurance contract are terminated.

Jinyou Life is a protection insurance with dividends, which generally takes about forty or fifty years to surrender the policy and the previous dividends are not received, and the accumulated interest can be returned. If you only pay dividends and want to return the capital, it will take a long, long time.

Summary. Hello, Jintai Life C cannot be surrendered. This insurance is a savings product and does not refund the premium. At the same time, its payment period is 15 years and 20 years, and the policyholder agrees with Pacific Life at the time of application.

However, it offers the ability to convert annuities. Consumers can switch annuities at any time after the application is applied in the following ways:

1) Reduce the insurance according to the conditions agreed in the contract, and convert the cash value and terminal dividend corresponding to the smaller insurance amount into an annuity in whole or in part;

2) Terminate this contract in accordance with the conditions agreed in the contract, and convert all or part of the cash value and final dividend corresponding to the effective insurance amount at that time into annuity, and this contract will be terminated;

3) The beneficiary converts all or part of the insurance money and terminal dividend into an annuity.

The total amount of participation in the conversion must not be less than the minimum amount set by the insurance company at the time of the conversion.

How much can Jintai Life refund when the C paragraph expires, and can I return the amount paid before?

Hello, Jintai Life C cannot be surrendered. This insurance is a savings product and the premium cannot be refunded. At the same time, its payment period is 15 years and 20 years, and the policyholder agrees with Pacific Life at the time of application.

However, it offers the ability to convert annuities. Consumers can convert annuities at any time after applying for insurance in the following ways: (1) reduce the insurance according to the conditions agreed in the contract, and convert all or part of the cash value and terminal dividend corresponding to the smaller insured amount into annuities; 2) Terminate this contract in accordance with the conditions agreed in the contract, and convert all or part of the cash value and final dividend corresponding to the effective insurance amount at that time into annuity, and this contract will be terminated; (3) The beneficiary converts all or part of the insurance money and terminal dividend into annuity.

The total amount of participation in the conversion shall not be less than the minimum limit stipulated by the insurance company at the time of the conversion.

If you want to know exactly when you can get how much money you can get, you can refer to the cash value column on the policy, and the cash value corresponding to the above year is the money you can get for how many years you have been insured.