Taiping Life s wealth fixed investment, paid for a year, no money this year, what will happen if you

Suspension of payment and consequent suspension of policy!

I used to have an insurance policy, but I have not paid the premium on time for more than 3 years, what should I do, and can I make up for it?

Answer: After the payment period of the insurance product, if the customer fails to pay the premium in time, the insurance company will also give a grace period of 2 months, and the insurance premium will be deducted by bank transfer every month, if the customer still cannot pay the insurance premium for more than 2 months, then the policy will enter the suspension period, and the insurance company will no longer perform the protection responsibility (if the customer needs to reinstate the policy within the 2-year suspension period, a written application for reinstatement must be submitted and a late fee must be paid) If the premium is not paid for more than 2 years, the policy will be automatically surrendered. Only the cash value of the policy is refundable!

If you don't pay the loss, you have to continue to pay, and the sooner you surrender the policy, the more heavy the loss. I also bought it, although it seems that it is not worth it now, but I think there is some truth to it, let's see, I have already paid the second 10,000, and there are still 18 years. The thing in Taiping is that the cash value is low, and the commission to the salesman is high.

After all, we're not actuaries. It's better to support it, and don't be lower than the deposit bank.

There are two ways: the first is to borrow some money from a friend first, hand it in, and then take out a loan with the insurance policy, so that you can use the insurance company's money to pay the premium, because the money returned is enough to pay the interest and there is still a surplus, and second, if you really don't have any money, just wait, because there is still a grace period of 60, but there is no dividend in 60 days.

Hope it helps.

Then it's interrupted, but there should be a buffer period, and there will be no problem with handing it in during the buffer period, and you have to ask your financial advisor for how long, I hope it will help you.

It depends on how the time on your original policy was negotiated? If it is not due, if you do not pay, it is a breach of contract, and you will bear the consequences.

It should be possible, but it won't be much back, only the cash value of the policy.

Buy China Taiping Fortune Guess Sui fixed investment to pay 3,000 yuan a year, and you can get yuan after 15 years. According to the public information related to Sui Mengbu, the return on investment of China Taiping Fortune is 7%, so the amount of money that can be obtained after 15 years is: 3000 * multiplied (1 + multiplied by 15 equals yuan.)

The surrender rate is generally around 70%. The policyholder can unilaterally terminate the insurance contract during the cooling-off 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 force for two years and the premium has been paid for two years, the insurance company shall 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 for the period 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 application on his behalf, the power of attorney of the policyholder or the insured and the identity card of the principal shall be provided.

If you want to surrender the policy, you must first think about how much you will refund and how you can refund more. This guide can help you:《 How to refund insurance surrender, how much can be refunded, and how to reduce surrender loss? 》

How much can be refunded depends on what kind of situation it is

(1) Full surrender

There are generally three situations in which a policy can be surrendered in full:

1.Surrender during the cooling-off period

Usually there is a hesitation period after the purchase of insurance, if it is surrendered within the hesitation period, you can refund all the premiums, and the cost of production will be deducted, generally 10 yuan, generally after signing the contract receipt, the hesitation period will begin, most of them are 10-15 days, and the contract will have provisions.

2.It is signed

If some salesmen do not operate in a standardized manner and the signature of the insurance contract is not his/her own, the application for surrender in this case can be returned in full.

3.There is evidence

If it can be proved that the person violated the rules or deceived the consumer, he can also apply for a full surrender.

(2) Refund of cash value

If the hesitation period has been exceeded, then only the cash value can be refunded, and the cash value of savings life insurance is available, such as term life insurance with a term of more than one year, long-term consumption critical illness insurance, savings critical illness insurance, comprehensive insurance, whole life insurance, endowment insurance, universal insurance and participating insurance, etc.; Accident insurance, one-year medical insurance, etc., generally have no cash value.

If you want to know the cash value of the policy, you can read the contract or call the insurance company to ask, you can calculate it in this way:

(3) Return of cash value + dividends

The cash value has been mentioned above, and here we will talk about dividends. Generally, it is divided into two parts, one part is the insurance money that has been fixed will be given to the customer, and the other part will change according to the company's operating conditions, and this part of the uncertain insurance money is called a dividend. I don't understand this popular science:

"Demystifying the Mystery of Dividend Insurance".

It can be found that if you surrender the policy beyond the hesitation period, the money that can be returned is less than the premium paid, which means that there will be a lossWhat are the details to pay attention to when surrendering an insurance policy? 》

You think too much, I bought the same as you, 12 bought, pay 3,000 a year, have paid for five years, this year I have to pay again, I want to surrender the insurance and don't pay, I only return more than 6,000 yuan when I find the insurance manager, and only more than 6,000 yuan after paying 15,000 in five years, and now I am still looking for Taiping Insurance Company. It's not over yet.

Hello, you can only return the cash value in one year and lose the insurance function, and the emergency money can be loaned with the policy, and the insurance continues to be valid.

Hello, you are still paying for a year, if you surrender the policy, you can only return the cash value and lose the function of insurance, you can also borrow back the cash value in the form of a loan, and the protection is still there.

Hello, after one year, you can only return the cash value, if you need money urgently, you can use the policy loan, so that the policy is effective, and you can also work capital!

It can be refunded, which is the cash value of the refunded insurance. Product Description:

"Too stable to win a lifetime" is a long-term insurance and wealth management product guaranteed to the age of 88 in our bancassurance channel, which can enjoy a minimum of 4% of the annual insured amount of survival funds to resist the uncertainty caused by fluctuations in the economic cycle; At the same time, the policy also enjoys the accumulation of interest-bearing income, which continuously amplifies your income; And when you need money urgently, the policy can also provide a policy loan function to solve your urgent financial needs. In summary, the launch of this product is designed to help the expanding middle class families and successful individuals accelerate the effective planning of a wealthy life.

Four percent of the year is blessed with longevity:

A guaranteed return of 4% of the sum insured is guaranteed every year until the age of 88, effectively resisting the uncertainty caused by the fluctuations of the economic cycle.

Full premium will be refunded at maturity to increase your longevity.

Accumulation plus interest, compound interest and momentum:

The survival fund can be left in the insurance company to enjoy the accumulation of daily interest and compound interest, and its compound interest appreciation will add impetus to wealth growth.

High cash value and asset preservation:

Specially designed ultra-high cash value, insured before the age of 60, the current price at the end of the first year can reach the premium, while ensuring the safety of the invested funds to achieve long-term effective asset preservation planning.

Loans are fast and easy, and the funds are smart**

Enjoy policy loan rights of up to 90% of the net cash value, which is easy and fast to get your money flowing when you need it.

Guaranteed benefits: 1. Survival insurance money:

After applying for insurance, a guaranteed return of 4% of the sum insured is guaranteed every year.

2. Maturity survival fund:

At the age of 88, the maturity survival insurance premium will be paid according to the insurance premiums paid.

3. Death Benefit:

Enjoy long-term death benefit and a full refund of all premiums paid in the unfortunate event of death.

4. Policy loans:

Special policy loan function, the maximum amount of which is not more than 90% of the net cash value of the contract, and the interest accumulation of the protection benefit and survival fund during the loan period (except during the period of contract suspension).

Hello, let's see how long the terms of the contract are guaranteed.

Insurance, since you bought it, don't return it, and there is no point in insurance if you return it. And it's sure to suffer.

If you need money urgently, you can also take out a loan from the policy, so that the insurance liability will not be lost.

Insurance has a protection function, and if it is refunded, it will not be covered.

Xueba says insurance, focusing on insurance evaluation! Which Taiping Life Critical Illness Insurance is worth buying? Just compare that"Comparison Table of 136 Popular Critical Illness Insurances in China".

Although we do not advocate selecting products based on insurance companies, as it will limit our choice, the subjective factor of insurance companies is mixed into the process of selecting products. In order to answer this kind of question more intuitively and efficiently, I stayed up late last night to queue up 91 domestic life insurance companies, mainly involving multiple dimensions such as product familiarity and product cost performanceJust updated: In 2020, the top 10 insurance companies are ranked up-to-date

Taiping Life has a lot of products on sale, and today we will focus on evaluating Fulu Whole Life Critical Illness Insurance, which is a product recently launched by Taiping Life, to see how cost-effective.

Let's first understand the warranty responsibility of this product:

The main selling points of this product are as follows:

The issue age is broad, with a maximum issue age of 65 years;

There has been some improvement in coverage, but there has also been an 11% increase in fees

However, the pitfalls of Fulu Lifetime Critical Illness Insurance, don't say I didn't remind you, the insured amount of minor illness compensation is low, only 25%, you know, the current critical illness insurance, 30% of the minor illness compensation ratio is the passing line; The pricing is high, can you accept a 50% premium on the brand. In addition to these two points, in fact, there are many "dark pits" in the terms, because there are too many contents, I will not show them here, and directly look at the complete evaluation and analysis"How is Taiping Insurance, is it reliable".It is recommended to read this article before buying to avoid falling into the pit.

On March 15, 2010, I participated in China Taiping Wealth Regular Investment Dividend Insurance, and the salesman of the insurance company sent me a China Taiping Wealth Regular Investment Interest Explanation Form: annual payment of 10,000 yuan, annual dividend is 6%, and 10 consecutive years and 20 years of withdrawal of a total of RMB yuan. At that time, because the insurance salesman was a friend, I didn't want him to do it much, Zhao Shi gave me the official policy a month later, I carefully read the terms and conditions to know that insurance is 100% risk in China Taiping, because they will never pay dividends to the policyholder, even if they give it will not be higher than the bank's interest, after reading I want to surrender the policy but the insurance company said that it can only return 1%.

Five. 10. They persuaded me that the dividend must be higher than the bank's one-year deposit interest, and I asked them how much the dividend was since April 2011. They said that the head office had not yet been calculated, and it was not until July 18 that I called ** and asked the head office to tell me that the dividend of 10,000 yuan a year was yuan, and I asked the local insurance branch that they still said that they had not calculated it, and I felt that they were deceiving me, what should I do about this.

Shanghai Insurance Wealth Management [Taiping Life] replied:

Hello: The questions you raised are explained as follows: 1. If you still keep the "interest statement", you can obtain the full surrender of the insurance premium with this evidence, and if the insurance company does not make a claim, you can protect your rights through the insurance regulatory department or **.

2. Dividends are uncertain, and Qichaizao's promise of a 6% dividend is itself misleading. 3. Each insurance has a 10-day hesitation period, which means that after you get the insurance contract, there is a 10-day regret period, and you only need to pay 10 yuan for surrendering the insurance within 10 days, and the premium can be fully refunded. 4. The dividends of insurance products are not calculated by local insurance companies, and the dividend report of each policy is sent to customers by specialized institutions.