Can Sunshine 10 year participating insurance be surrendered after 10 years?

First things first: you need to rest assured that any insurance company is well-funded. The minimum registered capital is 200 million yuan.

According to the inquiry, the registered capital of Sunshine Life has increased to 100 million yuan.

Also talk about your risk.

As with any investment, there are risks. What do we want to look at?

If you want to invest steadily, then you can invest in bank deposits, regular investment, etc. If you can afford to take the risk, then you can choose **,**,**, etc.

Take participating insurance as an example, first of all, the most basic function of insurance is risk protection. It is a tool to provide protection for the family.

You should never expect much from insurance. Here's why: no matter what you invest in any product, such as a bank, such as ** or **, if you invest 1 million, then you will definitely be given interest or dividends according to the base of 1 million, right?

But insurance cannot. First of all, the insurance company has to pay a high commission fee for the insurer, which is about 30%-40%. In other words, almost half of your 1 million principal has been taken by ** people.

Then the insurance company also needs to prepare a risk deposit to pay the customer who is out of insurance. That's also a lot of money. There are also all the costs of the insurance company leasing the office building, personnel costs, etc.

In other words, the insurance premium you pay in the end, the insurance company can use to invest, that is, between 4 and 500,000 of your 1 million. Think about it, compared with other investment methods, the base is half smaller, how to ensure your maximum return? Therefore, the insurance dividend type can only be regarded as an investment insurance against inflation.

Don't expect too much return on your investment. Moreover, the profitability of insurance companies is also high and low. Please think carefully!

Xueba talks about insurance, focusing on insurance evaluation! The comparison table between the 35 participating insurance products and the mainstream 1010 critical illness insurance products in 2020 is here35 participating insurances PK 101 mainstream critical illness insurance, to friends who know this article.

Participating insurance, literally: Participating insurance is a type of insurance with dividends, that is, when the insurance company makes money, it distributes part of it to customers who have purchased participating insurance. It has both a guarantee function and a dividend, killing two birds with one stone.

For a long time, dividend insurance with its "protection + income" characteristics by consumers love, for troublesome customers, buy an insurance accident compensation, nothing can also return dividends, why not? However, many people regret it after two years after buying it, because there is a large difference in income before and after buying.

Clause.

1. The distribution method of participating insurance is uncertain.

Second, the dividend pool is not transparent.

The existence of these two characteristics has made the real benefits that consumers can obtain an unknown, and it has made participating insurance a hard-hit area for customer complaintsParticipating insurance is actually the most complained about type of insurance?

With the complexity of participating insurance, novices who do not have certain insurance knowledge should not buy it easily!

That's all for me"Can Sunshine 10-year participating insurance be surrendered after 10 years?"All, look!

The ten-year deadline has arrived. I'll go get the money. Not only is the interest small, but even the principal cannot be fully recovered.

You have to look at the description on the contract. What insurance did you buy.

Generally, yes.

For those who purchase commercial insurance.

When you buy commercial insurance, you will see the insurance contract. Because different types of insurance products will have different interest rates, I can't simply ask whether you can get the principal back. If the insurance you buy is a commercial insurance with a financial nature, this kind of insurance generally has the function of returning the principal or dividends, and the time required needs to be determined according to your insurance contract, I will answer in detail through the following points.

First, you need to further clarify your insurance type.

From what I mentioned above, you need to make a clear distinction between your own commercial insurance, and the mainstream commercial insurance on the market at present has protection insurance and financial insurance, and there will also be some complex insurance. Some insurance policies have financial management functions, and you can understand this type of insurance as a wealth management product with dividends or returns.

When you buy this type of insurance, you can generally see the relevant return instructions, and then you only need to operate according to the relevant requirements. <>

IIAnnuity insuranceIt has a return function.

If you purchase Sunshine Insurance.

It is annuity insurance, and self-insurance generally has a return function. I'll give you a casual example, if an annuity insurance product requires a fixed amount of money to be deposited every year, all the principal will be returned after 5 to 10 years. You just need to keep renewing the policy, and you can get back the corresponding principal after 5 to 10 years.

3. You can consult the insurance staff further.

Because I don't know what type of insurance you are buying, I can't give you a positive answer. If you have any questions about the return of your principal, you can always consult the staff who purchased the insurance in the first place. You can also bring your insurance contract to the insurance company to determine your relevant benefits.

If you haven't purchased an insurance product at this time, I think it's necessary for you to read the insurance contract further, and you must not blindly buy insurance without knowing it. <>

Sunshine Insurance is a well-known insurance company with many types of insurance, and if the insurance you invest in is a deposit-based insurance, you can get it back in a lump sum after 5 years of maturity.

Under normal circumstances, it is possible, but this has to do with the specific type of insurance you buy, you need to determine what kind of insurance you buy, and then go to return the principal.

After the expiration of the commercial insurance purchased, the fees paid can be converted into an annuity for payment.

After 10 years of dividend insurance, there are two ways to deal with it: 1. Continue to hold it and receive dividends and survival funds every year, which can be used for pension or education supplementation, or for wealth inheritance; 2. Surrender. If it is a simple participating insurance, the cash value.

It is relatively high, and after 10 years, if the cash value of the participating insurance is the same as the premium paid, then there will be no particularly large loss. If the participating insurance is an additional insurance, then the cash value is relatively not so high, even if it is paid for 10 years, there will still be a partial loss when surrendered.

Participating insurance.

The characteristic is that people who purchase participating insurance can share the operating results of the insurance company in the form of dividends while receiving death benefits and survival benefits. And according to the regulations, the insurance company should pay dividends at least every year.

70% of the distributable surplus is allocated to customers.

The distributable surplus of the participating insurance** is based on the insurance company's hypothetical mortality rate and return on investment.

and the difference between the expense rate and the actual one. The mortality rate of the actual insured population is lower than the assumption, or the actual investment income is higher than the hypothetical return, and these differences make the insurance company generate a certain surplus, which is the main distributable surplus of the participating insurance. Of course, the biggest closure is that the insurance company may still have no surplus, and at this time, the dividends available to the policyholder may be zero.

Many people are worried about whether their principal will be lost when the actual earnings of the insurance company are lower than the expected assumptions. Participating insurance is a kind of wealth management insurance that guarantees principal but not interest, so there will be no loss of principal mentioned above.

The core of insurance is protection, and it is also its fundamental function. Participating insurance allows people to purchase life insurance with the function of adding dividends, which is a good financial choice.

After 10 years of participating insurance, see whether the contract has relevant provisions on receiving insurance benefits or the expiration of the contract protection period, and if so, receive insurance benefits or terminate the contract in accordance with the contract. If there are no relevant requirements, you can generally choose to continue to hold the policy or you can choose to surrender the policy. In most cases, the cash value will be paid if the policy is surrendered, but there are exceptions, depending on the terms of the contract.

But before we buy participating insurance, we must understand these contents: about participating insurance, the salesman will not tell you.

We are more common in participating annuity insurance or whole life insurance. If it is a participating annuity insurance, then it is generally possible to receive dividends from the insurance company on the basis of receiving the annuity. In the case of participating whole life insurance, in addition to the original role of protection and financial management, it has the opportunity to participate in the business dividends of the insurance company.

However, participating insurance will generally clearly state in the contract that "policy dividends are not guaranteed", that is to say, whether you can get dividends depends on the operating conditions of the insurance company's participating insurance business in that fiscal year, and the dividend level in some years may be 0. Friends who have a "filter" on participating insurance can take a look at what industry insiders say: Why are the complaints about participating insurance so high?

Demystifying the mystery of participating insurance.

In fact, if you want to manage your money through insurance, ordinary annuity insurance and increased whole life insurance are good choices, but you must make sure that you have fully configured your protection insurance (critical illness insurance, million medical insurance, accident insurance, etc.) before considering financial management. Annuity insurance and increased whole life insurance are both types of insurance with relatively stable returns, and the economic risk is smaller than most other forms of financial management. If you can't tell the difference between various financial insurance and financial insurance, you may wish to move to this link to learn:

What is the difference between participating insurance, universal insurance, and increased whole life insurance? Which one is the best deal?

After 10 years of participating insurance, you can see if the insurance contract has relevant provisions such as applying for the amount or expiration of the insurance period, and if so, you can apply for the amount or terminate the contract according to the contract.

If you purchase a life-long protection product, you can also choose to surrender the policy to receive the current price of the policy. However, it is important to note whether the current price at that time is greater than the premium paid.

If you still don't know much about participating insurance, you can also take a look at this: about participating insurance, what the salesman won't tell you.

First of all, there is indeed this type of insurance, such as return-type critical illness insurance and accident insurance or savings insurance, after 10 years, the cash value is greater than the premium paid, and the surrender of the policy can get more than the principal. As for what the insurance salesman said, I don't know how to promise you, it still depends on the terms of the contract, after all, there is no basis for words, and there are many cases where the salesman says nonsense.

Furthermore, it is not recommended to buy a returnable health insurance, why? You can look at the advantages and disadvantages of return-based health insurance, and it will be more clear.

1.Advantages of return-based insurance.

1) Provide protection and return the premium.

Return-based insurance is a "two-pronged" approach, on the one hand, it can provide protection to the insured, and if the accident occurs, the corresponding amount of insurance can be paid; On the other hand, even if there is no insurance, you can eventually get the premium back.

This also solves the problem that many people are worried about not paying insurance premiums in vain.

2) The insurance period is longer.

Generally, the protection period of return-type insurance is relatively long, as we said at the beginning, it may be returned after 20 years, which means that the protection period of return-type insurance should be more than 20 years, of course, there are other protection periods, which are subject to the insurance contract.

On the whole, the agreed protection period of this product will be longer, giving the insured a longer period of protection.

2.Disadvantages of return-based insurance.

1) The premium of the product is relatively high.

Often the same protection, if it is a return insurance, the premium will be much higher, for example, the same accident insurance, according to the normal language, that is, a few hundred yuan, and if it is a return type of premium, it may need thousands of yuan.

2) If the payment is interrupted in the middle of the process, it will not be refunded.

Although the refundable insurance can eventually get a premium refund, this is in the case of continuous payment without insurance, if you give up the payment in the middle of the process, you will generally not be able to get the premium refund. The most fatal point is that if there is an accident during the period, then it cannot be returned, which is equivalent to paying twice as much money as others, but the protection is the same.

Therefore, it is really not recommended to buy this, and the extra money is used for financial management or to buy milk tea, isn't it fragrant? Why do salesmen like to push this? Because on the surface, it sounds good, you can get money if you have nothing to do, and the most important thing is that people's commissions are still high.

Life insurance surrender during the premium period can only refund the cash value, the cash value during the premium period is less than the premium, it is impossible to refund the full, you see the cash value table in your policy in the tenth year corresponding to the number is the amount you want to receive.

There is a possibility. However, they should not be listened to verbally, and the text of the valid written contract should prevail. Otherwise, it is easy to be deceived.

Not necessarily, it depends on how the insurance contract is written, the salesman only says good, not bad, let him find it out for you, what if you don't return it. There is also a disclaimer. It mainly depends on whether it is a one-time return or an annual return, whether it can be received in case of emergency, and when it will be received.