I ve been paying for life insurance for eight years, and I m now thinking about how to surrender the

First of all, if the subject wants to surrender the policy, you can study the surrender provisions in the product terms in detail, and bring all the ID card, insurance contract, surrender application and other information to the insurance company to handle the surrender matters. However, if the policy is surrendered after 8 years, the insurance company will only refund the cash value of the contract, and the specific amount of refund depends on the cash value of the contract at this time. Senior sister has written a popular science article about surrender before, you may wish to read it first:

How to surrender insurance, how much can be refunded, and how to reduce surrender losses?

But to be honest, if you have paid for eight years, senior sisters generally do not recommend that you surrender the insurance. Because eight years is not a short time, but it is not a long time in the term of an insurance product. Therefore, it is really difficult to say whether the cash value of the policy can exceed the premiums paid by the policyholder over the years, and the policyholder is likely to face certain economic losses due to the impact of inflation.

Try to make a cooling-off period as the surrender insurance company will refund the full amount of premiums paid after deducting the cost (if any). The financial loss to the policyholder is almost negligible. The small details to be paid attention to in the surrender of the insurance are also sorted out for everyone, and friends who need it can take a look:

What are the details to pay attention to when surrendering an insurance policy?

In addition, if you have to surrender the policy because of premium pressure, the senior sister can also give you a trick! Generally, long-term insurance products will set up policy loans, reduced payment and other rights, and these rights can be exercised to alleviate the pressure on premiums when necessary.

Finally, it is recommended that you try to learn as much insurance knowledge as possible before buying insurance, so as to prevent being deceived by unscrupulous people and maximize your own interests. The senior sister has summarized a complete collection of insurance knowledge, and it is recommended that you collect it: super complete!

Everything you need to know about insurance is here.

Surrender is the cash value of the surrender policy, that is, the amount after deducting the cost of protection. When surrendering the policy and taking out the policy loan, the policyholder can go to the counter with his ID card.

If you want to surrender your life insurance policy after eight years, you can consult the insurance company about the relevant matters and procedures for surrendering, and generally only the cash value of the policy year at that time can be refunded. In this case, the surrender of the policy is considered to be after the cooling-off period, and the cash value refunded may be much less than the total invested premium.

For those who don't know how to surrender the policy, please see here: What details should be paid attention to when surrendering the insurance?

It's best not to surrender the policy, there will be a loss if you surrender the policy!

It is best not to surrender the policy, there is a loss in surrendering, and you should first understand your insurance responsibilities.

Don't surrender the policy, buying insurance is a smart choice.

Hello, it is recommended that you do not surrender the policy, because your loss will be very large, wouldn't it be better to have a share of protection.

Hello: Surrender will suffer losses, if you need money urgently, you can use the policy loan, it is very convenient for you to not suffer losses.

If you apply for surrender halfway, you can only return the cash value of the policy, because there are two kinds of insurance surrender, the first is during the hesitation period, this time can be refunded, the premium paid, in addition to the cost of production, the second is that there is a period later, at this time the policy is surrendered, only the policy can be refunded, the cash value, the money that can be returned is less or less, so it is generally not recommended to return.

Hello, only a few can be withdrawn.

Surrender is now 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 nth 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.

The surrender procedures include: the insured's ID card, the original contract, the insurance company's cooperative bank account (the insured), fill in the "Surrender Application", and apply to the local insurance company or business office for the last payment voucher or invoice.

Therefore, it is generally only possible to withdraw about 10---30% of the premium, which is certainly not cost-effective.

Due to the long time of surrender, the treatment of Heng is also long, and if the policy is surrendered, it is only about 40% of the original.

If you want to surrender after paying Chinese life insurance for three years, you can probably only refund a small part of the money, and the insurance you pay should generally be 15 years, 20 years or 25 years, and there is no life insurance that only needs to be paid for three years. And if you want to surrender the policy after paying for three years, the amount to be refunded is very small. Probably the money returned to you is only about 10% of the original policy amount.

If you pay 10,000 yuan a year and 30,000 yuan in three years, then you may only be able to return 2,000 or 3,000 yuan at most if you want to surrender the policy.

1. Life insurance.

If you want to surrender after paying Chinese life insurance for 3 years, the approximate amount of money you can refund is calculated according to the regulations of the type of insurance you purchased at that time.

I paid for 9 months, 700 per month, anxious to use the money, want to surrender the insurance, 700 9 = 6300, can be refunded only about 4000, alas