Can I get money for the surrender of the worry free life? Does PICC have no worries about life and r

There are many people who will encounter such a situation, they buy insurance before buying insurance without understanding it clearly, and find that the purchase is not suitable for them, so they want to surrender the insurance; There are also many new insurance products, and I feel that the previous insurance is not enough, and I want to return the old and replace the new. So for the question of wanting to surrender the insurance, I must read these suggestions:What are the details to pay attention to when surrendering an insurance policy?

Surrender during the cooling-off period: there is no loss, and the full amount can be refunded after deducting the cost of production;

Surrender after the cooling-off period: There is a certain loss, which is generally returned according to the cash value of the policy.

Although I do not recommend that everyone surrender the policy at will, if some consumers do decide to surrender the policy after careful consideration, or find a new product that is more suitable for them. If you feel that you must surrender the policy, don't forget to read this article, which can help you reduce your losses as much as possible:How to surrender insurance, how much can be refunded, and how to reduce surrender losses?

1. The sooner the "stop loss" of the period-paid product, the more cost-effective it is, and the single-payment product is best to return it after a few years.

Single payment is a lump sum payment of all premiums, and regular payment is an annual instalment payment. In the event of surrender, the insurance company will surrender the policy according to the cash value of the policy, and the cash value of the policy is lower than that of the single payment a few years before the premium is paid.

2. Take advantage of the "grace period" and "waiting period" of the policy to complete the seamless connection of protection.

If consumers want to change products and do not want to lose their protection during this period, they can make full use of the "grace period" of the original policy to defer the payment during the "waiting period" of the new policy to complete the transition of protection.

3. In addition to surrendering the policy, you can also flexibly choose other ways to have protection.

On the one hand, consumers can use the products or services provided by some insurance companies with the policy conversion function to change to other more suitable types of insurance.

That's all for me, hope!

Xueba talks about insurance, focusing on insurance evaluation! Before buying critical illness insurance, it is best to make more comparisons, choose carefully so that it is not easy to regret, and try to avoid economic losses caused by surrender, just like these critical illness insurance, most of you will regret if you buy it sloppilyTop 10 [Not Worth Buying] Critical Illness Insurance Points!

Some people always sign a contract with a wave of their hand when they buy insurance, and finally regret wanting to surrender the policy. Surrender is also a big deal, and it can't be casual anymore, and we should all know these key knowledge points of surrenderHow 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.

Surrender often does not get back a portion of the money, but not in the following two cases:

1.Cooling-off period surrender:After purchasing insurance, there will generally be a hesitation period of 10-15 days as the insurance, and there will usually be no loss if you choose to surrender the policy within this time period;

2.Sales misleading:If the operation of the person in the insurance contract is not appropriate, and the signature in the insurance contract that makes the contract effective is not signed by the person, there is a chance to apply for the full premium to be returned.

If the situation does not match these two types, basically we will lose some money, and at this time, reducing the loss is the only thing we can do, such as choosing to reduce the amount to pay off:

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.

This will result in less loss than surrender, but this option is not suitable for every insurance product and needs to be confirmed by the insurance company before it can be implemented.

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

It is best to choose to cancel the insurance after the waiting period of the new insurance has passed, so that the protection will not be interrupted.

2.Health Status:If you are already in poor physical condition, it is very likely that you will not be able to pass the underwriting of the new insurance, and in this case, it is not wise to choose to surrender the policy.

3.Payment card balance:If you have already thought about it, you will definitely surrender the policy, it is best not to put money in the bank card that pays the insurance premium, if the payment period is deducted, and you have not applied for a refund, it will be another loss.

The special attention to the surrender of the policy is far more than these few, and the space is limited, so I will not go into detail, hope!

If you surrender the insurance in life, you should be able to get the money, and you should ask the insurance company for details.

Liquidated damages will be paid to you.

This critical illness insurance, don't get it back.

If you plan to return it, why should you buy it?

20 years of slow payment, the cash value received from surrender is not enough for the premiums paid. 30 years is about the same.

PICC Worry-Free Life is not a return to the principal, this is a lifelong critical illness insurance launched by Chinese Life Insurance, the policyholder needs to pay for 20 years, and does not return to the principal. You can only receive money until the contract is terminated or the policy is surrendered in the middle of the policy. There are two types of contract termination, one is the occurrence of a claim and the other is death.

Therefore, policyholders need to be clear about this aspect before applying for insurance. so as not to cause trouble for yourself.

The policyholder also needs to know its advantages and disadvantages before purchasing PICC Worry-free Life. The advantage of this product is that it can fully cover high-incidence mild diseases, and the threshold for claims is relatively low, with a maximum of 100,000 yuan for mild illnesses and 500,000 yuan for severe cases. However, there are also shortcomings in PICC worry-free insurance, such as the waiting period for illness takes 180 days, and the relevant insurance amount cannot be obtained as soon as possible in the process of illness, which is likely to delay the disease.

Precautions for insurance: 1. Consult in advance. Before applying for insurance, the policyholder must ask the manager of the insurance company in detail about the relevant situation of the insurance hail, and then apply for insurance after considering it carefully, so as to avoid disputes in the later stage.

2. Do not interrupt the insurance period. For many plans, there is a fixed period of coverage. During the period of insurance, the policyholder must not be interrupted. Otherwise, you may lose your insurance benefits.

Although it is a lifelong protection product, it does not have the function of returning, and it is possible to get the money "back" only when the insurance is terminated or surrendered. The circumstances of contract termination here include both accident claims and death.

Extended information] I. About Chinese life.

Introduction. Chinese Life has been abbreviated as China Life or PICC, is a long-established insurance company in China, established in 1949 with China Life, and has always been ranked first in the country's premium income.

Judging from the richness of its insurance products, China Life is not weak. Whether it is health insurance or accident insurance.

Life insurance, property insurance, and more are covered. Among them, critical illness insurance.

The market share of the product.

It has not been low, let's take a detailed look at one of the lifelong critical illness insurance - PICC worry-free life.

Second, a detailed introduction to the life of Li Nianshan without Li Nianshan's worries.

1.Notices for Insurance.

Issue age: 0-65 years old.

Payment period: freely selectable, up to 30 years.

Waiting period: 180 days.

2.Specific Coverage Contents:

1) Critical illness benefit.

100 critical illnesses are covered, and the basic sum insured is paid in the form of a one-time claim.

2) Mild illness benefit.

There are 50 types of insurance, which are not grouped in three times, and can be paid in turn, without interval;

3) Death benefit.

If you die before the age of 18, the premiums paid will be refunded and you can add long-term accident benefit.

4) Premium waiver.

Includes the insured's minor illness waiver, which can be attached to the policyholder's waiver.

3.Products**.

For 30-year-old men, choose to pay for 30 years, with an insurance amount of 500,000 yuan, and the annual premium amount is 11,650 yuan;

For 30-year-old women, choose 30 years of payment, 500,000 insurance amount, and the annual premium amount is 10,350 yuan;

3. Does PICC have no worries about life and return to its roots?

PICC's worry-free life is non-returnable, although it is a lifelong protection product, but there is no return function, only when the contract is terminated or the policy is surrendered, it is possible to get the money "back".

The circumstances of contract termination here include both accident claims and death.

Therefore, consumers must understand the situation when configuring a worry-free life, the return of its advantages and disadvantages, etc., as well as the basic protection and claims.

1. PICC's worry-free life is a whole life insurance, which does not return the principal, but bends high to pay the sum insured after the expiration of the protection period (100 years of old age). After the end of the payment, the principal cannot be withdrawn, if it is withdrawn, it is surrendered, the contract will be terminated, and there can be no longer protection. The surrender benefit can only be paid until the contract is terminated or the policy is surrendered in the middle of the policy.

2. The protection provided by the Worry-Free Life Supreme Edition is:

3. (1) Minor illness protection: 50 types of mild illness are not grouped, there is no interval, 20% of the sum insured will be paid each time, and the maximum compensation will be 3 times;

4. (2) Critical Illness Protection: 100 types of critical illnesses, divided into 3 groups, with an interval of 365 days, and each group pays 100% of the sum insured;

5. (3) Specific diseases for children: 12 kinds, 100% of the sum insured, and an additional 100% of the sum insured; Buried hidden ruler.

6. (4) Specific diseases for the elderly: 6 types, 100% of the sum insured, and an additional 20% of the sum insured;

7. (5) Death and total disability: before the age of 18, the maximum premium and cash value, and after the age of 18, the maximum amount of compensation, cash value and premium.

Summary. Hello, dear. We're happy to answer your <>

: Yes, 1. It is a savings-type critical illness insurance product, and there is no return liability, so there is no return. The insurance company will only pay the agreed sum insured if the insured occurs during the insurance period, or surrender the policy within the insurance period, and the insurance company will refund the cash value of the policy.

2. PICC Worry-Free Life is a lifelong critical illness insurance, and there is no responsibility for the return of premiums, so there is no return of premiums after you pay the premiums. 3. This product is only responsible for the payment of minor illnesses, serious illnesses, and high disability caused by accidents or diseases. 4. When surrendering the policy, it is generally the cash value of the policy, not the premium you have paid.

5. The cash value of a critical illness policy is slow to be recovered. Generally, the cash value of critical illness insurance will not exceed the principal amount until 30 years after application, so don't surrender your critical illness policy lightly. 6. If you buy critical illness insurance, you will continue to keep it, and when you are sick, the insurance company will pay you the sum insured, and when you die of illness, this amount of insurance will be left to future generations.

If I bought a worry-free life insurance in 2018, can I return the principal after 20 years?

Please reply. Thank you.

Hello, dear. We're happy to answer your <>

: Yes, 1. It is a savings-type critical illness insurance product, and there is no return liability, so there is no return. The insurance company will only pay the agreed sum insured if the insured occurs during the insurance period, or surrender the policy within the insurance period, and the insurance company will refund the cash value of the policy.

2. PICC Worry-Free Life is a lifelong critical illness insurance, and there is no responsibility for the return of premiums, so there is no return of premiums after you pay the premiums. 3. This product is only responsible for the payment of minor illnesses, serious illnesses, and high disability caused by accidents or diseases. 4. When surrendering the policy, it is generally the cash value of the policy, not the premium you have paid.

5. The cash value of a critical illness policy is slow to be recovered. Generally, the cash value of critical illness insurance will not exceed the principal amount until 30 years after application, so don't surrender your critical illness policy lightly. 6. If you buy critical illness insurance, you will continue to keep it, and when you are sick, the insurance company will pay you the sum insured, and when you die of illness, this amount of insurance will be left to future generations.

Kiss, insurance is a Chinese word, the original meaning is safe and reliable protection; It is a tool used to plan life finances, a basic means of risk management under the conditions of market economy, and an important pillar of the financial system and social security system.

PICC's worry-free life insurance is a year-round silver life insurance, which does not return the principal, but pays the sum insured after the expiration of the protection period (100 years of old age). After the end of the payment, the principal cannot be returned, if it is withdrawn, it is surrendered, the contract will be terminated, and there can be no more protection. The surrender benefit can only be paid until the contract is terminated or the policy is surrendered in the middle of the policy.

The benefits provided by Worry-Free Life Supreme are:

1) Mild illness protection: 50 types of mild illnesses are not grouped, there is no interval, 20% of the sum insured will be paid each time, and the maximum compensation will be 3 times;

2) Critical illness protection: 100 types of critical illness, divided into 3 groups, with an interval of 365 days, and each group pays 100% of the sum insured;

3) Children's specific diseases: 12 kinds, 100% of the sum insured, and an additional 100% of the sum insured;

4) Specific diseases for the elderly: 6 types, 100% of the sum insured, plus 20% of the sum insured;

(5) Death Total Disability: Before the age of 18, the premium and cash value are the largest, and after the age of 18, the sum insured, cash value and premium are the largest.