The champion red insurance contract has not been obtained, can the insurance be surrendered?

The policy can be surrendered, and the policyholder can unilaterally terminate the insurance contract, that is, the policyholder can surrender the insurance at any time and terminate the contract. ‌

Requirements and procedures for handling surrender of insurance:

1.The applicant is eligible to apply for surrender. If the insured applies for surrender, the written consent of the policyholder must be obtained, and the policyholder must clearly indicate who will receive the surrender money;

2.If the policyholder applies for surrender, the contract has been in force for two years and the premium has been paid for two years, the insurance company shall refund the cash value of the policy after receiving the surrender application, and if the policyholder has paid the premium for less than two years, the insurer shall refund the remaining insurance premium to the policyholder after collecting the insurance premium for the period from the date of commencement of the insurance liability to the date of discharge.

The surrenderer shall provide the following documents when handling the surrender:

1.If the insured requests to surrender the policy, the applicant shall provide the application for surrender with the written consent of the policyholder;

2.The insurance policy provided by the surrenderer to prove the conclusion of the contract and the proof of the last payment;

3.Proof of identity of the policyholder;

4.If the policyholder or the insured entrusts another person to handle the application on his behalf, the power of attorney of the policyholder or the insured and the identity card of the principal shall be provided.

Surrender is subject to a 10-day cooling-off period.

After the deposit is turned into insurance, many "regretful" customers often choose to surrender the insurance, and the resulting economic losses can only be swallowed in the stomach. In fact, as long as the policyholder understands and makes full use of the rights and obligations granted by the insurance contract, this loss can be minimized. The person in charge of the claims department of an insurance company said, "If you surrender the policy during the hesitation period, you will lose up to 10 yuan in production costs."

For example, she said that after a customer learned about the mistake of buying insurance in January this year, she immediately discussed with her family and decided to surrender the policy. Due to the 10-day hesitation period, Ms. Zhang only lost 10 yuan in production costs. "Most insurances are fully refundable during the 10-day cooling-off and cooling-off period!

Generally, long-term life insurance products have a cooling-off period. During the cooling-off period, the policyholder can carefully consider whether the purchased product is suitable, and if the insured product does not match the demand, the policyholder can terminate the contract (i.e. surrender the policy), and the insurance company will refund the insurance premium paid after deducting the cost of not more than 10 yuan.

Summary. Hello, honored with your question!

OK. Pacific champion red is a comprehensive insurance, surrender can directly call customer service **95500 to apply, you can also directly bring your valid identity documents, bank card, insurance policy to any Pacific Insurance outlets counter to go through the surrender procedures, generally need to fill out a "insurance contract termination application".

In addition, you can also directly find the salesman to help apply for surrender, but the policyholder also needs to provide the corresponding surrender information.

Can I surrender the insurance after 6 years?

Hello, honored with your question! You can directly call customer service **95500 to apply for surrender, or you can directly bring your valid ID card, bank card, insurance policy to any Pacific Insurance outlet counter to go through the surrender procedures, and generally need to fill out an "Application for Termination of Insurance Contract". In addition, the Pacific champion red surrender can also directly find the salesman and ask him to help apply for surrender, but the policyholder is also required to provide the corresponding surrender information.

How much will be lost to the surrender economy.

If you think about surrendering the policy after the hesitation period, it is very cost-effective, a policy of several thousand yuan, surrender may only return a few hundred yuan or even less, because the surrender is the cash value of the return rather than your premium, the earlier the surrender, the lower the cash value.

Yes. This product is a participatory insurance product, if you survive you can receive a special survival pension, if you unfortunately die, you can also receive the premium or the amount of insurance in accordance with the regulations, this product is a death premium before the age of 18, after the age of 18 to the age of 25 to pay twice the premium, after the age of 25 death can pay the sum insured.

So such a product, if you pay for 10 years and want to return the package, it must be a Zen dust to return, but at this time the surrender is still a big loss for us, so we still have to think clearly.

Extended Information:1How much can I get back after 10 years of surrender.

This product is a dividend-paying product, its cash value growth is still relatively good, 10 years is already in the middle and late stages of payment, so at this time if we want to surrender the policy, we can generally return more costs, probably should be able to return about 70 80%.

2.Specifically, you can take a look at the cash value table in the policy, and the cash value corresponds to the premium that we can return when we surrender the policy.

How to return the insurance after 10 years of surrender.

If we want to surrender the policy, we can only go to the insurance company to deal with the surrender of this product, first of all, we can call the customer service of Pacific Insurance Company**, please ask Pacific Insurance is close to our business outlets.

3.Then we can bring the information required for surrender to the business branch to process the surrender, or we can entrust someone else to help us handle the surrender. The information required for surrender is a copy and original of our personal identity document, a copy and original of the bank card, and the original of the surrender application and contract.

4.In addition, if you entrust others to surrender the insurance, you also need to write a power of attorney, and the entrusted person can bring his or her own identity document before you can handle the surrender.