Chinese Life Guoshou Hongxin surrendered nearly half?

The salesman's statement that "surrendering the policy will only result in loss of interest" is a lie.

Of course, since you have already purchased it, then don't return it, there will be a big loss if you return it.

For general insurance, if you cancel it in the first year, you will deduct about 90%.

It's not a scam because you're breaking the contract.

However, the salesman said that surrendering the policy would only lose interest, which was really not particular.

Don't give it back, just save it if you don't have any money, and you can't return it until you are 80 years old, as you said.

Surrender is to suffer losses, which insurance product is also like this, insurance is a long-term investment, buy a protection for yourself, no special circumstances are best not to surrender, 80 years old to get back the principal, this statement is not correct, China Life Hongxin Insurance is a good product, 3 years fixed return of 9% of the sum insured, every year to enjoy the company's dividends, or do not return well, insurance and the role of the bank is different. I am the salesman of China Life.

It is not cost-effective to surrender any kind of insurance in the middle of the policy. Especially in previous years, surrenders were made based on the cash value. If you need money urgently, you can use the insurance policy to borrow money first. The dividends of this product are good.

Why do you want to surrender the insurance The important function of insurance is to force savings, you can borrow from the policy, and during this period, he has a very important protection responsibility in it, if the insurance company is responsible for the insurance during this period.

80 years old!! 60,000 yuan in the bank I don't know how much interest there is!!

You were 21 years old when you took out the insurance, right? First of all, a few questions from you:

1.The insurance amount of 30,000 yuan is a calculation base for you to get protection, and it is also the basis for you to pay the premium, the insurance amount is 30,000 yuan, you can get the following protection: 2,700 yuan every three years before the age of 80 (if you are 121 years old when you are insured, you can return 19 times, a total of 10,000 yuan), 60,000 yuan on death, and 10,000 yuan of maturity insurance for survival to 80 years old, the contract is terminated, and there are dividends every year (how much is uncertain).

2.The insurance period of 59 years means: Hongxin both dividends insurance to the age of 80 termination, if you are 21 years old when you apply for insurance, to the time you are 80 years old, exactly 59 years, this is your insurance period.

3.The expiration date of the payment period indicates that you do not need to pay the fee until May 12, 2009, the effective date of your policy should be May 13, 2006, you are 3 years to pay, the fee should be paid on May 13 of each year, and the fee paid in 2008 will be changed to May 12, 2009, and you will not have to pay the fee from May 13, 09. The standard premium is the insurance premium you have to pay every year, yes, it shouldn't be 20,000 yuan.

On the issue of surrender, if this insurance is surrendered after 7 years, the cash value (there is a cash value table on the policy) plus 2 times 2700 returns and dividends, basically the same as the insurance premiums paid, if the dividends are good, it may exceed the insurance premiums you paid, according to your age, the income of this insurance should be very good, now surrender, it is a pity, since the insurance premiums have been paid, it is better to keep, if you really need money, you can use this insurance to the company for mortgage loans, so that the interests of your policy can continue to be retained, you can also solve the urgency of using money, and then return the money after the turnover, which is much better than surrendering the insurance, for your reference. It is recommended that Li Di not surrender the policy.

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

The surrender rate is generally around 70%. The policyholder can unilaterally terminate the insurance contract during the hesitation period, that is, the policyholder can surrender the insurance and terminate the contract at any time. ‌

Requirements and procedures for handling surrender of insurance:

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;

If the policyholder applies for surrender, the contract has been in effect for two years and the payment has been paid for two years, the insurance company will 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 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:

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

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

Proof of identity of the policyholder;

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

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