Under what circumstances can I get more money than the insured amount in insurance?

General short-term insurance, that is, personal accident insurance for one year, in the absence of accidents, does not return the insured amount: in the event of an accident, 70% or 80% of the insured amount is paid. It mainly depends on how many copies you buy, and the maximum payout depends on the specific type of insurance you buy!

1. The insurance regulations for pension, critical illness, medical treatment, and accidents are different!! Excuse me: Which type of insurance are you asking?

Dividend-paying types such as China Life Hongfeng Insurance Dividend-Paying Type, China Life Hongtai Insurance Dividend-Paying Type, Happy Life, all return the principal and fixed interest plus dividends, and enjoy the life of insurance after returning the principal and continue to have dividends, but there is no fixed interest, these participating insurance types only have high payouts for life protection!!

It must be stated in the insurance contract. How many times the sum insured can be paid up to the maximum amount of coverage. Just like the Air France plane crash some time ago, one of the Chinese passengers insured Chinese Life Insurance is 400,000 yuan.

The contract states that in the event of an accident on board, 24 times the sum insured will be paid. At that time, after the accident, a lump sum compensation of 9.6 million yuan was paid to his family.

Accident Insurance! During the insurance period, an accident occurred and the disability was assessed and the compensation was paid. However, if you die due to an insured event before the policy expires, the insurance company will pay you the maximum sum assured.

If there is a dividend, you can do it!

The sum insured ≠ the maximum payout. The insured amount refers to the maximum amount of liability of the insurance company to bear the compensation or pay the insurance money, which is usually the insured amount stated in the insurance policy; The maximum compensation refers to the amount of compensation paid by the insurance company to the insured on the basis of the insured amount according to the damage to the insured property at the time of the accident. An insurance payout is a compensatory payment, which means that it only pays for the actual loss, at most equal to the value of the damaged property, and never more than the original value of the insured property.

Therefore, according to the actual situation, the maximum payout will sometimes be less than the insured amount. When the policyholder signs a life insurance contract with the insurance company, he or she will agree on a payment limit, that is, the "basic insurance amount". In the event of an insured event, the insurance company will pay a certain amount of cash to the policyholder, which is the "actual payment amount".

However, it should be noted that the relationship between these two items is not the same for different life insurance products, and the "actual payment amount" will sometimes be greater than the "basic insurance amount".

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

If it is the old Corning Lifetime Brother Xunzi Insurance, it is better not to get it back, although I think this insurance is more suitable for middle-aged people ==. This is a good critical illness insurance. The loss ratio of one to three roughly means that the insured amount of 10,000 will pay 30,000.

In the event of a serious illness, the compensation will be doubled, and if a serious illness occurs during the payment period, the remaining insurance premium will be waived after the first payment is doubled, and the remaining insurance premium will be paid after the death of the insured. Of course, I bought insurance only for a guarantee, not for the compensation after the accident. But it's good to have a guarantee.

And if you want to get your principal back, it depends on the number of years of the insurance period. At the end of the 20-year payment period, if you can't get back the principal after surrendering the policy, you can know when to surrender the policy and get the principal back. If there is no claim, you simply look at the calculation of the corresponding amount of the listed years multiplied by the number of your sum insured, and if there is a claim, it is recommended that you do not get it back, because the insured still has a protection after the claim, because in the event of a serious illness, other types of insurance may not be insured, and the insurance company will investigate.

Hope it helps, that's all I know.

This term is used for property insurance. Generally, it means the value of the subject matter that you control.

For example, if a batch of goods is worth 10 million yuan and you account for 30% of the equity, then the amount of insurance you should pay for this batch of goods is 10 million * million yuan.

If it's all yours, then 10 million is the amount that should be insured.

Otherwise, your insurable amount is the noun used in that special provision. If the stool is sampled, the amount of insurance must depend on these special regulations. (For example, the chemical enterprise for the main equipment of Zao Yingchang insurance amount is 70% of the total price of the rental equipment, etc.).

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