I ve bought a lot of insurance and I want to surrender it?

Before surrendering the policy, pay attention to these questions!

1. If the cooling-off period has passed, then the surrender can only get back the cash value of the policy.

2. After surrendering the policy, if there is a problem with the physical examination, it is difficult to buy a new product (see critical illness insurance).

3. The insurance threshold and premium increase with age. The older you are with the same type of insurance, the higher the premium level.

4. There will be a gap period for surrender and replacement. Be sure to insure a new product before surrendering the policy, and don't let yourself "run naked" under the risk.

5. Consider surrendering the policy, and don't deposit money in the bank card for the payment of the old policy.

If you are hesitant to surrender the policy, it is best to transfer the money in the bank card first to avoid automatic deduction.

Long-term insurance contracts generally have a grace period of 60 days, during which the policy is still valid even if no contributions have been made. If we must surrender the policy, we can make reasonable use of the grace period, and if we decide not to surrender the policy, then we can pay the premium; If the surrender is confirmed, it is not too late to go through the surrender procedures.

Of course, whether there is a grace period for the product, you still have to look through the insurance clause to confirm

If you are within the scope of payment, it is best not to surrender the policy.

There is a loss in surrender, and there is no protection.

1. The policyholder has the right to terminate at will.

According to Article 15 of the Insurance Law, unless otherwise provided in this Law or otherwise agreed in the insurance contract, the policyholder may terminate the contract after the insurance contract is established, and the insurer shall not terminate the contract.

It can be seen that the policyholder can terminate the contract without reason. However, the termination of the contract may cause losses to the policyholder

2. The policyholder will suffer losses if he terminates the contract after the cooling-off period.

In long-term insurance, there is generally a hesitation period, most of which are 10-15 days, during which the policyholder surrenders the policy and there will be no economic loss; If the policy is surrendered beyond the cooling-off period, then there will be a loss of funds.

In short-term insurance such as medical insurance and accident insurance, there is generally no hesitation period, and if you want to surrender this type of insurance, there is generally an economic loss.

The guarantee can not be refunded, and the financial management can be refunded for a long time!

Bring your ID card, policy, and bank card to the service hall of the insurance company to handle it.

Sort out your policy to see if the sum insured is sufficient and the coverage is comprehensive.

1. You can return it.

2. The policy generally has a hesitation period of 10 days, which starts from the day the policy is obtained, and can be surrendered in full during this period.

3. After 10 days, you can only get back the part of the policy value, that is, after deducting the operating costs of the insurance company, the remaining part.

4. Within a certain period of time after the insurance is purchased, you have the right to withdraw the contract, and the specific situation depends on the regulations of each company.

5. Only when the contract is signed and the receipt is issued for payment can the contract relationship be formally identified, and the contract can be revoked if the contract is only signed and the payment is not paid.

Summary. Surrender can generally be handled in the following ways:1

Apply to the insurance company for a surrender, for example, you can call the insurance company's customer service** to apply for a surrender. Another advantage of this is that you can consult the customer service about the specific information required for the surrender of the policy, so as to avoid the situation that the insurance cannot be surrendered and run in vain due to incomplete information; 2.Prepare the surrender materials, generally you need to prepare the policyholder's valid identity document, insurance policy, premium payment certificate, application for termination of insurance contract, etc.

Among them, the application for termination of the insurance contract can generally be made on the official website of the insurance company**, or it can also be filled in directly at the insurance company; 3.Bring the surrender materials to the insurance company to go through the surrender procedures, and the insurance company staff will generally assist in the surrender, usually to recover the policy and give the surrender certificate to the surrenderer; 4.The surrender money will be credited to the bank account designated by the policyholder within the agreed time.

Hello dear, hello you can.

Another advantage of this is that you can consult the customer service about the specific information required for the surrender of the policy, so as to avoid the situation that the insurance cannot be surrendered and run in vain due to incomplete information; 2.Prepare the surrender materials, generally you need to prepare the policyholder's valid identity document, insurance policy, premium payment certificate, application for termination of insurance contract, etc. Among them, the application for termination of the insurance contract can generally be made on the official website of the insurance company**, or it can also be filled in directly at the insurance company; 3.

Bring the surrender materials to the insurance company to go through the surrender procedures, and the insurance company staff will generally assist in the surrender, usually to recover the policy and give the surrender certificate to the surrenderer; 4.The surrender money will be credited to the bank account designated by the applicant within the agreed time. If it is an insurance product purchased on the policy, then it is generally possible to surrender the policy directly.

I'm still in the fifteen-day Yu Yu period.

Oh, then you can return it, hurry up, or you will deduct the money.

How to return it. You can go to the insurance company and get a refund.

The insurance you just bought can be surrendered, generally within the hesitation period (10 days, 15 days, 20 days after the insurance is applied, the specific number of days is subject to the insurance contract) to surrender the premium paid, and the surrender after the hesitation period is the cash value of the refundable policy. If you need to surrender the policy, you can usually do the following:

1.Find an insurance salesman to handle the surrender procedures and sell the insurance. The policyholder can contact the insurance salesman, and then hand over the policy, a copy of his ID card and a copy of his bank card to the insurance salesman, who will handle the surrender procedures on his behalf;

2.Self-surrender. The policyholder can bring the policy, ID card and bank card to the offline service outlets of the insurance company to go through the surrender procedures;

3.Online surrender. Some insurance products can be directly ** on the surrender procedures, for example, Chinese Life Insurance can be surrendered in the "China Zhongkai Life Insurance" APP, click on the home page to enter "more", you can see "Internet business surrender", click to enter, select the policy that needs to be surrendered.

The above operation environment:

Phone model: Xiaomi 12

System version: MIUI 13

Surrenderable policy. 1. Surrender during the hesitation period.

Cooling-off period surrender refers to the surrender of the policy by the policyholder within the cooling-off period agreed in the contract. Generally, insurance companies stipulate that the policyholder has a cooling-off period of 10 days after receiving the policy. Usually, the insurance company will refund the entire premium after deducting the cost of production.

2. Normal surrender.

Surrender beyond the cooling-off period will be regarded as normal surrender. Policies that have received insurance benefits are not eligible for surrender. Normal surrender generally requires that after a certain number of years of the policy, the policyholder can apply for termination, and the life insurance company should refund the cash value of the policy within 30 days from the date of receipt of the application.

The cash value of a policy is the amount of money that can be returned in the event of termination or surrender of the life insurance contract. In long-term life insurance contracts, the insurance company is usually required to deposit a certain amount of liability reserves in order to fulfill its contractual obligations.

When the insured requests to terminate or surrender the policy for any reason during the validity period of the insurance, the insurance company shall refund to the insured the balance of the liability reserve minus the cancellation deduction according to the regulations, and this part of the amount is the current value of the policy.

I can return it. 1. However, when to retreat, the results vary greatly. If the policy is surrendered within the cooling-off period, the insurance company can refund the full amount and there is no loss to the policyholder. /

2. Generally, the insurance company will take 10-20 days from the date of signing the contract as the hesitation period, which is similar to the "7-day no reason to return" of **.

1. Surrender of insurance contracts.

There are two types of insurance contract surrender. Cooling-off period (the act of surrendering the policy about 10 days after receiving the insurance policy) and normal surrender (the surrender of the policy beyond the specified cooling-off period). If the policy is surrendered during the cooling-off period, the insurance company will refund the entire premium to the policyholder after deducting some normal production costs or labor costs.

2. Sue the insurance company for a refund of the premium.

There are two ways to terminate the insurance contract and surrender the policy:

1. Surrender during the hesitation period: The general insurance company will have a hesitation period, and the hesitation period is within ten days of the policyholder getting the policy, and within these ten days, the policyholder applies for surrender, and the insurance company will usually refund all the premiums after deducting the cost of production.

2. Normal surrender: Normal surrender refers to the surrender beyond the hesitation period, before the policyholder submits the surrender, the policy needs to be completed for one year, the policyholder directly to the insurance company to submit a surrender application, and the insurance company will refund the cash value of the policy within 30 days from the date of receiving the application.

3. Can I get a refund if I don't pay the insurance halfway?

The amount that can be refunded at the end of the insurance is the cash value, and the exact amount of refund depends on the insurance you have purchased. The "cooling-off period" refers to the policyholder's return to the insurer and the cancellation of the insurance contract within 10 days after receiving the insurance contract (15 days for the bancassurance channel) if the policyholder does not agree with the content of the insurance contract. During this period, the insurer agrees to the policyholder's application, cancels the contract and refunds all the premiums collected.

If it has been paid for a period of time, the surrender of the policy can only get the cash value of the policy, and the so-called cash value of the policy refers to the value of the life insurance policy with the nature of savings. Insurers usually set aside liability reserves for the performance of contractual obligations, and if you surrender the policy in the middle of the policy, the liability reserve of the policy will be used as a refund for the payment of termination. The amount that should be reimbursed by the life insurance company when the insured requests to terminate or surrender the policy.

Insurance Law of the People's Republic of China

Article 1 This law is enacted in order to regulate insurance activities, protect the legitimate rights and interests of the parties involved in insurance activities, strengthen supervision and management of the insurance industry, safeguard social and economic order and social public interests, and promote the healthy development of the insurance industry.

Article 2 The term "insurance" as used in this Law refers to the commercial insurance behavior in which the insured pays insurance premiums to the insurer in accordance with the contract, and the insurer bears the responsibility for compensating the insurance money for the property losses caused by the occurrence of an accident that may occur as agreed in the contract, or bears the responsibility for paying the insurance money when the insured dies, is disabled, or is sick, or when the insured reaches the age and time limit agreed in the contract.

You have just purchased insurance that can be refunded, but it will not be refunded in full.

Yes, it can be refunded. However, fees may be charged.

The so-called commercial insurance refers to the insurance of commercial insurance companies such as Life, Ping An, Xinhua, AIA, etc. There is a big misunderstanding about these commercial insurances, because once you want to surrender the insurance after buying, you will find that the high surrender fee is scary.

The reason for this is mainly due to the operating model of insurance companies. The employees of the insurance company are the first contract system, that is, the personnel are not the company's content employees, but the first to find out**, each time an insurance contract is signed, the insurance company needs to pay a certain handling fee for Bi Belt, and the insurance contract is long-term, but the liquidity of the first is larger, and you need to pay a higher ** fee in the first period, and the highest ** cost may be as high as 50% of the first cost. As a result, the insurance company must calculate the "cash value" of the policy, which is actually equivalent to the surrender amount.

For example: Suppose A buys an endowment insurance through ** person C in insurance company B, A needs to pay a total of 100,000 yuan, and needs to pay 5,000 yuan in the first month, A signs a contract with C, and C regrets submitting the contract to B, and gets a commission of 2,500 yuan (5,000 * 50%) from B. At this time, A regretted it, decided to surrender to B, and after submitting the surrender application, it could only be less than 2500 yuan of money, because the insurance company has given your 2500 yuan to the ** person, if the insurance company returns you in full, they will lose to death, the money is actually in C, but ** person C as the only person who communicates with A will not say that he is greedy for your money.

Therefore, before buying commercial insurance, you should be very sure whether this insurance is what you need, do not buy unnecessary insurance, once you realize that you have been deceived, directly find the insurance company to complain, ask for punishment, and ask for compensation, if the insurance company does not accept or can not give you a satisfactory answer. You can directly complain to the Insurance Regulatory Commission, this agency is the natural enemy of the insurance company, once your complaint is in the hands, the insurance company will generally return the money to you very obediently, at least can give you a satisfactory answer.

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