I have bought Pacific Accident Insurance for two years, and now I want to surrender the policy, how

It depends on whether you buy long-term accident insurance or consumer accident insurance.

Consumer accident insurance is not refundable.

Long-term accident insurance has some cash value but is not high.

Accidental injuries are generally not paid!

It depends on whether it is short-term or long-term.

Xueba talks about insurance, focusing on insurance evaluation! When buying critical illness insurance, it is best to compare several products, and consider carefully, if you carelessly buy the wrong insurance to surrender the policy, it is likely to cause economic lossesTop 10 [Not Worth Buying] Critical Illness Insurance Points!

Pacific Accident Insurance has no cash value if you buy consumer accident insurance, and if it is a long-term accident insurance, you can return the cash value, but it is very small, it is recommended to consider it carefully.

Some people think that insurance is almost just a matter of buying it, but in the end, they regret it because they didn't think it through at the beginning and want to surrender the policy. Therefore, you should be cautious when surrendering the insurance, there is a lot of surrender knowledge in this article, and you can take a look at it if you don't understandHow to surrender insurance, how much can be refunded, and how to reduce surrender losses?

The article is very detailed, here are a few points to briefly say.

Normally, you will not get back the full amount of the premium you paid if you surrender the policy, but this will not be the case in either case

1.Cooling-off period surrender:After we buy insurance, the 10-15 days from the signing of the contract is usually a cooling-off period, during which the premium can be refunded in full without any reason;

2.Sales misleading:If the contract is signed under the non-standard operation and misleading operation of the salesman, and the insurance contract is not signed by the person himself, there is a great chance of getting back all the premiums paid.

Outside of these two cases, there will be a certain degree of loss, and then a way to reduce the loss is very important, such as the option to reduce the amount of payment

That is, the money is not refunded, but the current cash value is used as the premium to be paid, how much can be insured, and no further payment will be made in the future, and the protection will still be effective, but the sum insured will be reduced.

Such financial losses will be less than surrender, but not necessarily every product is suitable for this method, and whether the insurance can be handled in this way needs to be confirmed with the insurance company.

In addition,These situations should not be taken lightly when surrendering:

It is generally recommended to return the policy after the waiting period of the new insurance has passed, so as to avoid the lack of risk protection in the middle of the policy.

2.Health Status:If the physical condition is already very poor, it is very likely that the health notice of the new insurance will not be approved, and we generally do not recommend surrendering the policy in this case.

3.Payment card balance:If the surrender is confirmed, the bank card that was originally bound to pay the insurance premium should be emptied, so as not to be automatically deducted if the insurance has not been surrendered but the payment period has arrived.

In fact, there are many surrender details that are worthy of our attention, the space here is limited, it is inconvenient to list in detail, if you need it, you can take a look at this article, the relevant points have been sorted outWhat are the details to pay attention to when surrendering an insurance policy? Hope!

Founded in 91, Pacific Insurance has been listed in the Fortune Global 500 for eight consecutive years with strong economic strength. How to evaluate Pacific Insurance Company, mainly look at three questions:

1.Compared to other companies, are Pacific Insurance's products worth buying?

Pacific Insurance's best-selling products include Jinfu Life, Jinyou Life, Jinnuo Life, Children's Super Treasure Fuyou Ankang, etc., and the cost-effective analysis of these products I have sorted out in this article:"Seven Products Worth Buying for Pacific Insurance".

After reading it, you will know which product is good.

2.In terms of service level, what is the evaluation of Pacific Insurance?

The China Banking and Insurance Regulatory Commission (CBIRC) rates insurance companies based on their claims service, complaint rate, business processing speed and other indicators, with the highest grade being AAA and the lowest being D, in order to give consumers a standard.

Let's take a look at Pacific Life's service ratings:

Pacific Life is rated AA, and no company has achieved AAA rating for the time being. However, the rating changes from year to year, and the situation is different from year to year.

3.Is Pacific Insurance reliable?

Friends who are worried that the insurance company will be unreliable should be afraid that it will be difficult to settle claims after buying insurance. This is easy to do, and the higher the ranking, the more reliable it is. I vomited blood before I sorted out a following:

The latest version of the top 10 insurance company list!

You can take a look at the ranking of Pacific Insurance.

That's all for me"I have bought Pacific Accident Insurance for two years, and now I want to surrender the policy, how much can I refund?"All, look!

How much you can get back if you want to surrender Pacific Critical Illness Insurance now depends on what kind of insurance you buy and what the terms are. The Insurance Law clearly stipulates that "the cash value shall not be lost" clause, and although the customer has signed a contract with the insurance company, the customer has the right to terminate the contract and receive the surrender amount.

Friends who don't know the surrender process can click to view ["Buying the wrong insurance, how to surrender the most cost-effective? 》

Due to the characteristics of the insurance industry, after the insurance company sells a policy, the main costs (salesman's commission, policy maintenance, etc.) are generally incurred in the first two or three years after underwriting, so when the insurance contract is concluded, if the policyholder surrenders the policy halfway, especially in the first two or three years, the policyholder will bear most of the economic losses, and the insurance company will only return the cash value of the policy.

Therefore, Daddy reminds policyholders, especially holders of long-term life insurance policies, not to surrender the policy easily.

There are three ways to surrender an insurance policy:

1. Go to the company in person. The materials include: surrender application, ID card of the policyholder, copy of bank card, insurance contract and insurance premium invoice.

2. Entrust the salesman to the business hall to handle it. Materials include: surrender application, power of attorney, ID card of the policyholder, copy of bank card, insurance policy and insurance premium invoice.

Hello friends, if you want to surrender the critical illness insurance policy for three years, the amount you can refund depends on the cash value stated in the policy. The cash value of the policy generally changes with the number of years of premium payment and the age of the insured, with a small cash value at the beginning of the policy, and increasing the cash value year by year as the policy premium year increases, until it reaches a peak. If the policy is surrendered after three years of payment, the cash value of the policy will be much lower than the sum of the premiums paid, so the loss of surrender will be a bit large, and it is not recommended to surrender the policy.

In addition, there will be a hesitation period of about 15 days after the insurance, if the policy is surrendered during the hesitation period, in addition to paying a certain amount of cost, there will be no loss.

The amount of money you can get by surrendering the policy can be found in the cash value table of the insurance contract, I don't know why you want to surrender the policy? Surrender in the middle of the policy not only has a loss of premium, but also a risk, and there is an insurance consultation to pay attention to the message at any time.

It's about 50%, and the cash value of each policy is different, and the specific amount of refund can be found in the cash value table in the policy.

I bought sickness insurance and paid it for 3 years, how much money can I get back?

Summary. The cash value of the policy is a cash value table on the paper policy. The cash value refers to the amount that is refunded by the insurance company to the policyholder when the policyholder surrenders the policy or the insurance company terminates the insurance contract.

Generally speaking, it can be simplified as follows: cash value of the policy = premiums paid management expenses apportioned amount salesman commission net premiums required by the insurance company to bear the insurance liability of the policy interest accrued on the remaining premiums. The insurance company will give a clear cash value statement for the year.

How much can I get back when I surrender my critical illness insurance?

Hello dear, if you surrender the policy, you can refund 60% of 30% of the premium paid.

Because the cash value of the surrender policy is not cost-effective, how much can you open the cash value table of the policy to see what is the corresponding cash value of the corresponding year? That is, the money that can be returned when the insurance is surrendered at the age of age.

The cash value of the policy is a cash value table on the paper policy. The cash value refers to the amount that is refunded by the insurance company to the policyholder when the policyholder surrenders the policy or the insurance company terminates the insurance contract. In general, it can be simplified as:

Cash value of the policy = premiums paid Management expenses apportioned amount Salesman's commission Net premiums required for the insurance company to bear the insurance liability of the policy Interest accrued on the remaining premiums. The insurance company will give a clear cash value statement for the year.

Of course, the method of surrendering the policy in full.

Accident insurance is a short-term insurance and generally has no cash value, so there is no money to surrender the policy. If you surrender the policy, you can get the money back, generally in the following cases:

1. Surrender during the hesitation period: Our common accident insurance products include long-term accident insurance and short-term accident insurance. The coverage period of long-term appearance is more than one year, while the coverage period of short-term accident insurance is mainly one-year accident insurance, which is one year, and there are other short-term accident insurance that covers a few days, months or even hours.

Long-term accident insurance has a hesitation period after signing the insurance contract, which means that within 10 days or 15 days after signing the insurance contract, if the policyholder feels that the insurance product is not very satisfied, and wants to surrender the policy, at this time, he only needs to provide the insurance company with the cost of work, which will not affect the premium. Therefore, if you want to surrender the policy after purchasing long-term accident insurance, then surrendering the policy during the cooling-off period will not affect the premium, but if the cooling-off period is exceeded, it will cause a certain degree of premium loss. Under normal circumstances, there is no hesitation period for short-term accident insurance, and if you want to surrender the short-term accident insurance after purchasing it, it will cause a certain loss to the premium.

2. Return the cash value: If the hesitation period has been exceeded, then the cash value can only be refunded, and the operating expenses will generally be refunded according to the remaining days of protection.

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