What to do if you save money to buy insurance, how to buy deposit insurance

The policy can be surrendered, and there is generally a 10-day consideration period after the purchase of insurance. Also known as the hesitation period.

The policy is fully refundable during the cooling-off period.

Complaints. It is now more popular for banks to let people change the money they save money to buy insurance, which is a misunderstanding.

Legal analysis: Deposit insurance does not need to be purchased by the customer, which is the responsibility of the bank to insure the deposit insurance institution.

Legal basis: Article 502 of the Civil Code of the People's Republic of China: A contract established in accordance with law shall take effect upon its establishment, unless otherwise provided by law or otherwise agreed by the parties.

In accordance with the provisions of laws and administrative regulations, the contract shall go through formalities such as approval, in accordance with its provisions. If the failure to go through formalities such as approval affects the effectiveness of the contract, it does not affect the validity of the provisions of the contract on the performance of obligations such as reporting for approval and the validity of the relevant clauses. If a party who should go through formalities such as applying for approval fails to perform its obligations, the other party may request that it bear responsibility for violating such obligations.

In accordance with the provisions of laws and administrative regulations, the provisions of the preceding paragraph shall apply to the modification, transfer, termination of the contract, and other circumstances that shall go through formalities such as approval.

<> buying insurance and wealth management in the bank, investors should first pay attention to the following issues:

1. Look at the term of the insurance product, and then it should be consistent with the idle time of the funds, because the cash value of the insurance product will be reduced in advance, and the principal will be lost at this time.

2. Look at the insurance company, generally choose an insurance company with high credit, wide reputation and many branches, so that you can also go to the insurance company counter for consultation if you have any questions in the future.

3. Pay attention to the hesitation period of the product, some products have a hesitation period of 15 days, and some only have one week, and the hesitation period is that you can withdraw if you regret it.

4. Compared with the income of single payment and regular payment, the income of the general period payment can be received for life, but the single payment cannot be received.

5. Finally, see if there is a gift of life insurance, if there is life insurance, the investor will have a free personal safety policy, which is also good.

It is worth noting that the issuer of a bank's insurance products is an insurance company, and its rate of return is also an expected return, which does not necessarily guarantee the principal.

The bancassurance surrender process is as follows:

1. The policyholder can go to the bank to go through the surrender procedures with the information required for surrender, and the bank staff will then transfer the surrender information submitted by the policyholder to the insurance company; Alternatively, the policyholder can bring the surrender information to the underwriting insurance company of the insurance product to go through the surrender procedures. The insurance company can find out which one it is through the policy.

2. After receiving the surrender information submitted by the policyholder, the insurance company will review it.

3. After the review is passed, the insurance company will promptly transfer the surrender money into the bank account submitted by the policyholder.

The information for insurance surrender is as follows:

1. If the policyholder and the insured are inconsistent, and the insured requests to surrender the insurance, the applicant shall provide the surrender application with the written consent of the policyholder.

2. Insurance contract and final payment certificate.

3. Proof of identity of the policyholder.

4. If you entrust someone else to handle it on your behalf, you also need to issue a power of attorney from the policyholder and the identity certificate of the entrusted person.

The applicant for the surrender of bancassurance is the policyholder, and if the insured needs to surrender the policy, the consent of the policyholder is required.

Bancassurance is mainly financial insurance, but of course it also has its own health insurance. If the surrender time is different, the surrender benefit will be different. If the policy is in the hesitation period after applying for insurance, if you choose to surrender the policy at this point in time, the insurance company will deduct the cost at most, and the amount is not high, and the other premiums will be refunded, and there is basically no loss.

However, if the policy is surrendered beyond the cooling-off period, the surrender will be calculated based on the cash value.

The surrender benefit of different products will be different, if it is an annuity wealth management insurance, there is a universal account, the surrender is the cash value and the universal account value, if the protection time is short, there will be losses. If it is a health insurance product, only the cash value will be refunded after the hesitation period, which can generally be checked through the cash value table at the back of the insurance contract, and the cash value is after the period. The cash value of this type of insurance is the longer the insured, the higher the amount will be, and you need to pay attention to it when surrendering the policy.

If you are sure that someone at the bank has been misled into turning your bank deposit into insurance, please provide evidence through the following aspects:

1. Whether the bank wealth manager has provided written materials promising that you are buying a wealth management product with a certain income from the muzi. Because in addition to the minimum guarantee of the participating insurance, the other benefits of the insurance cannot be determined;

2. When you get the policy contract, do you sign the policy receipt, if not, you can roll over quickly to choose the hesitation period to surrender the policy;

3. Whether the insurance company will pay a return visit to you through **, and whether the return visit questions include such as: the insurance cannot determine the income, whether you know that you have purchased this insurance, etc., you can ask the insurance company for a return visit recording;

4. If you have signed the receipt, but have not passed the cooling-off period (10 days after signing the receipt), you can choose to surrender the policy unconditionally.