How to withdraw the insurance is appropriate and how to refund the insurance

Theoretically, the sooner you retire, the better it is, because you will have to deduct a portion of the premiums you have paid in previous years. If you are really under great financial pressure, you can choose one to return, and you must not return them all, because you have a mortgage, you must provide yourself with a guarantee.

Surrender in the second year is appropriate.

Do not surrender the policy in the first year after applying for insurance, because the commission of the first year accounts for 20 40 of the annual premium, and the vast majority of the insurance company's management fees also occur in the first year.

If you surrender your policy, not only will you be covered for a short period of time, but you will also get very little back on your premiums. The management fees and commissions incurred in the second year will be less than those in the first year, but they will not be paid if the policy is surrendered.

Only after the second year, when you have more than two years of coverage and do not lose a large amount of premiums due to the insurance company's commissions and management fees, is the best time to surrender the policy.

Surrender is certainly not cost-effective.

There is no handling fee for surrender of the policy, but it is calculated based on the cash value stated in the contract. On the first few pages of the insurance contract, there are several statements about the cash value. At this time, you see what amount corresponds to the second year, and the above is the result of how much you should receive.

Generally, the longer the time, the smaller the loss, after all, it is all paid, and you also have this protection, it is recommended that you return it cautiously.

In addition, if you surrender the policy early, you will definitely not get back the premiums you paid.

Therefore, it is certainly not cost-effective.

There are generally two stages of surrender, surrender during the cooling-off period and surrender after the cooling-off period. There is generally no loss when the policy is surrendered during the cooling-off period, and only the cash value of the policy can be refunded after the cooling-off period.

Hello, it is relatively uneconomical to surrender the policy, but you can reduce the policy. If you really can't afford it, it's best to reduce the policy without losing too much, but if you can't afford it now, you can still afford it in 1 to 2 years.

First, buying insurance is not for the purpose of surrendering the policy, and there is a loss in surrendering the policy.

Second, you can take out a loan with a policy that can help you.

Third, you can also consult the relevant enterprises or relevant insurance companies to understand.

Fourth, I wish you a smooth work, a prosperous career, a healthy life, a happy family, and a prosperous Year of the Goat.

It is not appropriate to return the insurance.

General Surrender Process:

2. Explain the reason and time of surrender to the insurance company, and submit the surrender materials according to the requirements of the insurance company.

3. After the insurance company reviews the surrender application, it issues a surrender approval and withdraws the policy at the same time.

4. The surrenderer shall hold the surrender approval form and ID card and receive the refundable insurance premium through the designated channel.

Surrender during the cooling-off period. Cooling-off period surrender refers to the policyholder's application for surrender within the cooling-off period agreed in the contract. After deducting a certain amount of cost, the insurance company will refund all the insurance premiums paid without interest.

Normal surrender. After a certain number of years of the policy, the policyholder can apply for termination, and the insurance company will refund the cash value of the policy within 30 days from the date of receipt of the application.

Insurance is the basic means of risk management (under the conditions of market economy), an important pillar of the financial system and social security system, and also an act of paying insurance money to the insured when the conditions of the contract are met (when the contract agrees that the accident may occur and bears the responsibility for compensating for the property loss caused by its occurrence, or when the insured dies, is disabled, sick or reaches the age and time limit agreed in the contract).

Extended information: 1. Insurance is not a fraud.

No, insurance is not a lie. People buy insurance products, sign contracts with insurance companies, and pay certain premiums to insurance companies in order to be able to obtain the protection provided by insurance companies, so that when the insured has an insured accident, they can get compensation from the insurance company. However, in real life, there may be ** companies that cheat in the name of insurance; There are also some insurance salesmen who are not highly qualified, and may mislead customers for the sake of performance.

2. Is it necessary to buy insurance?

Insurance is still necessary to buy, now insurance companies have launched insurance for different aspects, such as accident insurance, critical illness insurance, etc., the insured can get a certain amount of compensation after an accident, which can reduce the burden of individuals, especially serious illness, generally cost more, insurance can effectively prevent families from returning to poverty due to illness, effectively protect the rights and interests of the insured, and often see in life The types of insurance are car insurance, education insurance, freight insurance, home property insurance, accident insurance and health insurance, etc., These types of insurance can meet the needs of different groups of people, and you can choose according to your actual situation when purchasing to achieve the best protection.

3. How many times can the insurance be reported?

The number of times the insurance can be reported depends on the type of insurance, and the number of reimbursements varies depending on the type of insurance. For example, there is no limit to the number of times the compulsory traffic insurance can be carried out; Although there is no limit on the number of times of automobile commercial insurance, the amount cannot exceed the sum insured; Critical illness insurance has a limit on the number of times, and the policy will be invalid once a critical illness claim occurs. Therefore, the number of reimbursement of insurance is determined according to the type of insurance, and the number of reimbursement will be different depending on the type of insurance.

Hello dear, the refund insurance can generally be handled in the following ways:1Apply to the insurance company for surrender, for example, you can directly call the customer service of the insurance company ** to apply for surrender, and you can also consult the specific information required for surrender by the way to avoid running in vain; 2.

Prepare the surrender information, generally speaking, you need to prepare an application for termination of the insurance contract (which can be filled in on the official website of the insurance company** or at the offline service outlets of the insurance company), the insurance policy, the policyholder's valid identity certificate, premium payment certificate, etc.; 3.Bring the surrender information to the insurance company to go through the surrender procedures, the staff of the insurance company will generally take back the policy, and the surrender money will be returned to the policyholder in Shengzhen within the agreed time, usually into the bank account designated by the policyholder. In addition, if it is an insurance product that is insured on the policy, then it can generally be directly surrendered.

Generally speaking, if the insurance is surrendered during the cooling-off period, the premium paid can be refunded; If the policy is surrendered after the cooling-off period, the cash value of the policy will be refunded.

Summary. Hello, dear. Generally, the insurance can be surrendered in the following ways:

1.Apply for surrender from the insurance company, for example, you can call the customer service of the insurance company ** to apply for surrender, and you can also consult the specific information required for surrender by the way; 2.Prepare the surrender materials, generally you need to prepare the application for termination of the insurance contract, the premium payment certificate, the insurance policy, the policyholder's ID card, etc.

Among them, the application for termination of the insurance contract can generally be filled in on the official website of the insurance company**, or it can also be filled in after being obtained at the offline service outlets of the insurance company; 3.With the surrender materials, go through the surrender procedures at the offline service outlets of the insurance company, and the staff of the insurance company will assist in the surrender of the policy, and the policy will generally be recovered, and the surrender money will be returned to the policyholder within the agreed time.

Hello, dear. The insurance handled can generally be surrendered in the following ways:1

Apply to the insurance company for surrender, for example, you can call the customer service of the insurance company ** to apply for surrender, and you can also consult the specific information required for surrender by the way; 2.Prepare the surrender materials, generally you need to prepare the application for termination of the insurance contract, the premium payment voucher, the insurance policy, the policyholder's ID card, etc. Among them, the application for termination of the insurance contract can generally be filled in on the official website of the insurance company**, or it can also be filled in after being obtained at the offline service outlets of the insurance company; 3.

With the surrender materials, go through the surrender procedures at the offline service outlets of the insurance company, and the staff of the insurance company will assist in the surrender of the policy, and the policy will generally be recovered, and the surrender money will be returned to the policyholder within the agreed time.

1. The earlier I surrender the insurance, the less money I will return, many people may not understand, the sooner I return, the smaller the loss, why do I get less money? In fact, this is the routine of some unscrupulous insurance companies, in the early stage of the policyholder to buy the insurance, the insurance company will deduct a large amount of money to pay the salesman's commission, and then the interest in the early stage is very small, in order to prevent the policyholder from surrendering the policy at will, some insurance companies will deliberately press the cash value of the previous years very low. 2. Full surrender should be divided into 2 situations (1) Surrender during the hesitation period, each insurance company will set up a 10-15 day hesitation period, to put it bluntly, it is to give everyone a time to regret, if you don't want it during this period, you can apply for full surrender, almost no loss.

Summary. Hello, I am happy to answer for you, 1. Individuals bring their ID cards and insurance contracts to the business outlets of insurance companies to go through the surrender procedures; 2. Entrust the salesman to the business hall to handle: give the relevant documents to the salesman and let the salesman handle it on his behalf; 3. Call the insurance company** and transfer the customer service to handle the surrender.

Hello, I am glad to answer for you, 1. Individuals bring their ID cards and insurance contracts to the business outlets of insurance companies to go through the surrender procedures; 2. Entrust the salesman to the business hall to handle: give the relevant documents to the salesman and let the salesman handle it on his behalf; 3. Call the insurance company**, and turn to the customer service to handle the surrender.

Expansion: Insurance can be refunded. The surrender time is divided into hesitation period surrender and surrender beyond the service period, among which the surrender of the policy after the service period is a normal surrender.

If the policy is surrendered during the cooling-off period, the full amount of the insurance can be refunded, but the insurance company does not need to remove the cost of production. Generally, the hesitation period is from 10 days to 15 days, and it is necessary to communicate with the insurance company when surrendering the policy.

Surrender depends on several aspects:

1. What is the type of insurance product you buy?

1) Whether there has been a cooling-off period, if the policy can be surrendered in full during the cooling-off period, if it has passed, the policy must be surrendered according to the cash value of the policy.

2) It depends on how the contract is written, if you buy insurance in a lump sum and pay for 5 or 10 years, you can basically get back the principal.

3) For example, there is no principal to get back the purchase of consumer insurance such as accident and term life insurance. Car insurance, social security, provident fund, Shuidi insurance, Easy Insurance, Million Medical, Wukong Insurance, WeChat, Alipay, 360 and other channels will not be accepted.

4) Calculation of cash value: the cash value of the policy = the premium paid by the policyholder - the amount of the insurance company's management expenses amortized on the policy - the commission paid by the insurance company to the salesman because of the policy - the net premium required by the insurance company to bear the insurance liability of the policy + the interest accrued on the remaining premium.

2. How much principal you get back after returning the insurance should be calculated based on the cash value of the insurance contract, and see how the cash value of the policy corresponds.

3. Attention should be paid to surrender:

1) The applicant must be the policyholder on the contract. If the insurer applies for surrender of the policy, it must obtain the written consent of the policyholder and bring the ID cards of both parties to the insurance company's counter together with the policy.

2) If the application for surrender contract has been effective for two years, the insurance company shall refund the cash value of the policy after receiving the surrender application, and if it is less than two years, the insurer shall refund the remaining amount to the policyholder after receiving the insurance premium from the date of commencement of the insurance contract to the end of the insurance contract.

3) If the policy is surrendered during the cooling-off period, the insurance company will refund the entire premium received.

Surrender process: Customer service evaluates your policy.

Sign the power of attorney and submit relevant materials.

Calculate the cash value of the policy after the sale.

The premium has been successfully refunded to yours.

Suggestion: Consider carefully when surrendering the policy early, in fact, I do not recommend you to surrender the policy, after all, one insurance, one protection. Because insurance is a unilateral breach of contract, after a policy is signed, the cost of policy management has already been incurred, including handling fees, costs, protection deductions and other expenses, and a small part of it will cause unnecessary losses to yourself when you get it back.

If you must surrender the policy, you can go to the insurance company and ask the insurance company to calculate the cash value and go through the process of surrendering.

Hello. Hello.

The earlier I surrender the policy, the less money I will return may not understand, the sooner I surrender, the smaller the loss, why do I get less money? In fact, this is the routine of some unscrupulous insurance companies, in the early stage of the policyholder to buy the insurance, the insurance company will deduct a large amount of money to pay the salesman's commission, and then the interest in the early stage is very small, in order to prevent the policyholder from surrendering the policy at will, some insurance companies will deliberately press the cash value of the previous years very low. 2. Full surrender should be divided into 2 situations (1) Surrender during the hesitation period, each insurance company will set up a 10-15 day hesitation period, to put it bluntly, it is to give everyone a time to regret, if you don't want it during this period, you can apply for full surrender, almost no loss.

Surrender after the cooling-off period is a bit more troublesome after the cooling-off period, but it is not impossible. You need to think carefully about whether the insurance salesman deliberately induced you in the process of selling insurance, whether the signature on the policy was signed by the insured himself, whether he clearly stated the terms of the insurance, if you feel in doubt or feel that there is a pitfall, you can apply to the insurance company for a full claim, of course, you must come up with some evidence, such as mobile phone recordings or proof of signature, etc.

If the policyholder wants to surrender the policy, notify his insurer as soon as possible, and he can surrender the policy after filling out the surrender application. If the insured wants to surrender the policy, then a letter of consent from the policyholder is also required at the time of surrender, otherwise it will not be processed; If you entrust someone else to handle the surrender of the policy, you need a power of attorney and the principal's ID card (no matter what the case is, you need to bring the insurance contract and proof of the last payment when you surrender the policy).