Within two years after the termination of the life insurance contract, the parties will resume the i

OK. A life insurance contract refers to an insurance contract that takes the life and physical health of a natural person as the subject matter of insurance. The insurer of life insurance shall pay a certain amount of insurance or annuity according to the agreement when the insured dies, is sick, disabled, incapacitated or retired due to accidents, disasters and old age as specified in the policy.

An insurance contract with a person's life or body as the subject matter of insurance is an agreement between the policyholder and the insurer that the insurer shall bear the responsibility of paying insurance money in accordance with the agreement when the insured dies, becomes disabled, suffers from illness or survives to the agreed age or period.

The content of a life insurance contract, like the subject and object of a life insurance contract, is one of the indispensable elements for the establishment of a contractual relationship. There are two understandings of the content of a life insurance contract, broad and narrow: the content of a life insurance contract in a broad sense refers to all the items recorded in the life insurance contract, including the parties to the contract, the parties involved, the rights and obligations of both parties, the subject matter of the contract and the amount insured; The content of a life insurance contract in a narrow sense only refers to the rights and obligations agreed upon by the parties to a life insurance contract and confirmed by law.

This situation is called policy reinstatement.

It needs to be reviewed by the insurance company, and after approval, the premium is paid and the interest is paid, and the company will restore the original policy effect.

Customers are advised to pay their premiums on time to prevent the policy from lapsing.

The life insurance contract can be reinstated within 2 years after the termination of the life insurance contract, and the policy can be restored to efficiency as long as the unpaid premiums and a certain amount of interest are paid.

If the policy is terminated after 2 years, you can go to the insurance company to surrender the policy and get back the cash value of the policy.

Hope it helps.

Within two years of the suspension of the contract, 1. There is a 60-day grace period, the premium can be paid back without any late fees, and the insurance company bears the responsibility of the insurance contract.

2. Terminate the contract, within 60 days to two years, pay the insurance premium, pay the late fee according to the number of days of delay and the amount of the insurance premium, the insurance company does not bear the insurance liability, if the customer reinstates the insurance contract, it needs to be re-underwritten.

3. After two years of suspension of the contract, the customer has no right to resume the contract, and the insurance company will refund the cash value, deducting the corresponding related expenses, and the contract will be terminated.

The insurer has the right to terminate the insurance contract and return the cash value of the policy.

Here are a few more statutes of limitations when concluding an insurance contract:

1. Cooling-off period: When the insurance contract is concluded, the policyholder has a 10-day cooling-off period from the effective date of the contract, and if the policy is surrendered during this period, only 10 yuan of the insurance contract cost is paid;

2. Waiting period: After the contract comes into effect, there is a waiting period of 90 days or 180 days, during which the risk agreed in the contract occurs, the insurance company can not settle the claim and return the accumulated premiums;

3. Grace period: During the renewal premium payment period, there is a 60-day grace period, and the payment can be made within 60 days after the renewal expires, during which the protection will continue to be effective;

4. Suspension Period: If the renewal premium is not paid within the 60-day grace period, the validity of the policy contract will be suspended, and the benefit will be temporarily invalidated during the suspension period. The suspension period is 2 years, and if it is reinstated within 2 years, the coverage continues, but there is a waiting period.

If it is not reinstated within these 2 years, the result of this question will occur, and the insurance company will terminate the insurance contract and return the cash value of the policy!

Within two years of the suspension of the life insurance contract, if the insured or the policyholder does not continue to renew the premium, the insurer will settle with the policyholder according to the cash value agreed in the contract, and the contract will be terminated.

Terminate the insurance contract and inform the policyholder that the policy will be settled at the cash value.

The suspension and reinstatement of the insurance contract applies only to the life insurance contract.

1) Suspension of the insurance contract.

Suspension of an insurance contract refers to the temporary invalidity of the insurance contract. After the life insurance contract takes effect, if the policyholder fails to pay the insurance premium on time and the grace period of 60 days is exceeded, the validity of the insurance contract is suspended. If an insured event occurs during the grace period before the termination of the insurance contract, the insurer shall be liable for compensation; However, if the insured accident occurs after the termination of the insurance contract, the insurer shall not be liable for compensation.

The suspension of the insurance contract does not mean that the insurance contract is terminated, and the legal effect can still be restored after certain procedures.

2) Reinstatement of insurance contracts.

The reinstatement of an insurance contract refers to the restoration of the validity of the insurance contract. After the suspension of the validity of the insurance contract, the validity of the insurance contract may be restored after the insurer and the policyholder negotiate and reach an agreement, after the policyholder has told the policyholder to pay the insurance premium. However, in accordance with the provisions of the Insurance Law, if the two parties fail to reach an agreement within two years from the date of suspension of the contract, the insurer has the right to terminate the contract.

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

Within the year of the suspension of the contract, 1. There is a 60-day grace period, and the premium can be paid without any late fee, and the insurance company bears the responsibility of the insurance contract.

2. Terminate the contract, within 60 days to two years, pay the insurance premium, pay the late fee according to the number of days of delay and the amount of the insurance premium, the insurance company does not bear the insurance liability, if the customer will reinstate the insurance contract, it needs to be re-underwritten.

3. After two years of suspension of the contract, the customer has no right to resume the contract, and the insurance company will refund the cash value, deducting the corresponding matching customs fee, and the contract will be terminated.

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It's just useless, and the protection on the policy is gone.

It should be noted that whether it is suspended or terminated, the difference of one word, the difference in holding is still very large.

The suspension of the insurance contract refers to the fact that during the existence of the insurance contract, for some reason, the insurer does not take measures to stop the validity of the contract and no longer bear the insurance liability. For the policyholder of life insurance, after the payment of the first premium, if the remaining premiums are not paid within the time limit specified in the contract and exceed the specified period (generally 60 days), the validity of the insurance contract will be automatically suspended.

Termination of an insurance contract means that after the conclusion of an insurance contract, due to the occurrence of statutory or agreed reasons, the rights and obligations between the parties determined in the contract will not continue, and the legal effect will be completely extinguished.

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

The validity of the life insurance contract shall be terminated under the following circumstances: 1. The insurance period expires. 2. When an insured accident occurs, the validity of the insurance contract shall be terminated after the insurance company has paid the insurance money.

3. The death of the insured is not caused by the insured accident. The insurance contract is terminated because the subject matter of the insurance no longer exists. 4. The policyholder proposes to terminate the insurance contract for liquid elimination.

According to the provisions of the Insurance Law, the policyholder may, in principle, terminate the insurance contract at any time.

Legal basis

Article 15 of the Insurance Law: Except as otherwise provided in this Law or otherwise agreed in the insurance contract, after the insurance contract is established, the policyholder may terminate the contract, and the insurer may not terminate the contract. Article 27 of the Insurance Law provides that if an insured accident has not occurred and the insured or the beneficiary falsely claims that an insured accident has occurred and makes a request for compensation or payment of insurance money to the insurer, the insurer has the right to terminate the contract and not refund the insurance premium.

If the policyholder or the insured intentionally causes an insured accident, the insurer has the right to terminate the contract and shall not be liable for compensation or payment of insurance money; Except as provided for in Article 43 of this Law, insurance premiums shall not be refunded. Article 3 of the Insurance Law provides that if the policyholder does not have an insurance interest in the insured at the time of conclusion of the contract, the contract shall be invalid.

Legal Analysis: Insurance companies do not have the right to terminate insurance contracts. Paragraphs 1 to 3 of Article 16 of the Insurance Law provide:

If the insurer makes inquiries about the subject matter of the insurance or the relevant circumstances of the insured when concluding an insurance contract, the policyholder shall truthfully inform the insurer. "If the policyholder intentionally or due to gross negligence fails to perform the obligation of truthful notification as provided for in the preceding paragraph, which is sufficient to influence the insurer's decision on whether to agree to underwrite or increase the insurance rate, the insurer has the right to terminate the contract. "The right to terminate the contract provided for in the preceding paragraph shall be extinguished if it is not exercised within 30 days from the date on which the insurer becomes aware of the reason for termination.

If more than 2 years have elapsed since the date of the conclusion of the contract, the insurer shall not terminate the contract; In the event of an insured accident, the slag insurer shall bear the responsibility of compensation or payment of insurance money. "The insurance contract in this case has been in effect for more than 2 years, which exceeds the period for exercising the right to terminate the contract, so the insurance company has no right to terminate the insurance contract and is obliged to pay 30,000 yuan to your wife.

Legal basis: Article 16 of the Insurance Law of the People's Republic of China.