Ping An Insurance surrender is less than half, how to complain

Xueba talks about insurance, focusing on insurance evaluation! When buying critical illness insurance, it is best to compare several products and consider them carefully to reduce the probability of losing money due to regret surrendering the policyTop 10 [Not Worth Buying] Critical Illness Insurance Points!

The only thing that can be refunded after the hesitation period is the cash value, including Ping An Insurance, and it is normal for the surrender to only half of the policy, so there is no way to complain.

Some people don't like to do their homework before buying insurance, so they buy it randomly, and they are not satisfied with the insurance they bought later, so they want to surrender the insurance. Then don't be sloppy about surrender, 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.

Generally speaking, there is a certain amount of loss caused by the surrender of a policy, but there are two exceptions:

1.Cooling-off period surrender:After we buy the insurance, the 10-15 days from the signing of the contract is usually the hesitation period, and if the policy is surrendered within this time period, the premium can generally be fully recovered;

2.Sales misleading:If you do not have the signature in the insurance contract due to the non-standard operation of the salesman when buying the insurance, you may have the opportunity to apply for a full refund of the premium.

In addition, it is inevitable that there will be economic losses, and what can be done is to minimize the losses as much as possible, such as choosing to reduce the amount and pay it 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.

In fact, this is more cost-effective than surrender insurance, but not all products are applicable, and whether the insurance can be handled in this way needs to be confirmed with the insurance company.

In addition,These situations are also special attention to when surrendering the policy:

Usually, it is best to buy a new policy and return the old policy after the waiting period has passed to avoid interruption of coverage.

2.Health Status:If you are already in poor physical condition and cannot pass the health notification of the new insurance, it is not a good option to surrender the policy.

3.Payment card balance:If you have already made the decision to surrender the policy, it is recommended to clear the balance in the bound payment card to zero, so as not to be automatically deducted if the policy has not been surrendered but the payment period has arrived.

If you want to know the details, you may wish to take a look at this articleWhat are the details to pay attention to when surrendering an insurance policy? Hope!

When purchasing the insurance contract, the "hesitation period" is written in the contract, and the "hesitation period" means that if the policyholder does not agree with the content of the insurance contract within 10 days to 20 days after receiving the insurance contract, the policy can return the contract to the insurer and apply for cancellation. During this period, the insurer agrees to the policyholder's application, cancels the contract and refunds the entire premium received.

As mentioned above, the surrender of the policy is less than half, which should be half of the total premium paid, and the user can read the "cash value" table on the first few pages of the insurance contract. The cash value is the surrender amount of the insurance policy. To put it simply, insurance is a contract, and the surrender of the insurance by the customer represents a breach of contract, and the insurance company will naturally charge liquidated damages.

So how much is the penalty after deducting the liquidated damages? It's the number in the cash value table.

Therefore, after the hesitation period, the surrender is due to losses, and you must know this when buying insurance.

100% can be refunded during the cooling-off period, and the policy will be lost after the cooling-off period.

During the hesitation period, you can complain if you surrender the policy, and after the hesitation period, you will not be able to win the lawsuit.

Has the cooling-off period passed? If the cooling-off period has not passed, the insurance company will refund it in full.

Summary. Hello, how much can Ping An Insurance be refunded: about 50% can be refunded in the first year of wealth management insurance; Protection products, such as critical illness insurance, about 10% refund in the first year, the rules for the surrender of insurance products are:

Cooling-off period: If the policyholder surrenders the policy during the cooling-off period, 100% of the full premium can be refunded, and some companies will remove the cost of production. Outside the hesitation period:

If the policyholder surrenders the policy outside the cooling-off period, he or she can only return the cash value of his policy, which is usually between 10-70%.

What percentage can be refunded by Ping An Insurance?

Hello, how much can Ping An Insurance be refunded: about 50% can be refunded in the first year of wealth management insurance; Protection products, such as critical illness insurance, about 10% refund in the first year, the insurance product surrender rules are: hesitation period:

If the policyholder surrenders the policy during the cooling-off period, 100% of the full premium can be refunded, and some companies will remove the cost of production. Out of the cooling-off period: If the policyholder surrenders the policy outside of the cooling-off period, he or she can only get a refund of the cash value of his policy, usually between 10-70%.

How much Ping An Insurance can be refunded depends on the actual situation: 1One-year insurance surrender, the premium paid can be refunded during the cooling-off period, and the remaining premium can only be refunded after the cooling-off period after deducting the premium for the number of days covered (some insurance products also need to deduct the handling fee); 2.

Long-term insurance surrender, hesitation period surrender can be refunded paid premium, hesitation period after surrender can be refunded policy cash value, the specific amount is also subject to the cash value table of the policy, to 18-year-old male purchase Ping An Fu 18 version to pay 30 years for life, the first year premium of 4800 for example, pay one year after surrender, the cash value of the refundable is 210; After two years of payment, the cash value of the policy is 1140; After three years of payment, the cash value of the policy is refundable 2160; After paying for four years, the cash value is 3600; After paying for 5 years, the cash value is 5130.

If it is impossible, it is impossible to surrender the policy in full after complaining, and you may be partially refunded, or you may not be surrendered at all.

Complaints cannot be surrendered in full, which depends on the specific situation, and it also depends on the reason for the complaint, and a part of the cost must be deducted.

Of course, if you encounter something unfair, you must complain to them through reasonable channels, and then protect your rights and interests.

The reasons for the low surrender of Ping An Insurance are as follows:

1.Outside the cooling-off period: After the cooling-off period ends, the cash value of the policy can only be refunded, which is generally quite different from the premium paid. The cash value of the policy is the cumulative value after deducting the cost of premiums, operating expenses and commissions paid by the policyholder per instalment.

2.If the policy is in force for too long, the longer the coverage, the less refundable the premium.

3.The cash value of the insurance policy is different for different products, and some products have higher premiums themselves, so the cash value will be higher due to the lack of money.

4.Surrender products are short-term insurance, some do not refund the premium if there is no cash value, and some will calculate the number of days of coverage and deduct the surrender.

5.If the policyholder insists on surrendering the policy, and the cash value of the policy is close to or exceeds the premium paid, the loss of surrender is much smaller than that of the early surrender of the policy. Or if you apply for surrender during the policy cooling-off period, the insurance company will refund the sum insured in full, deducting a maximum of 15-20 yuan.

The methods for Ping An Insurance to have a small surrender loss are generally as follows:

1.Surrender during the hesitation period, that is, the policyholder The insured surrenders the policy within 10 days, 15 days, and 20 days after receiving the insurance contract (the specific number of days is subject to the insurance contract), and the paid premium can be refunded, but some insurance products need to deduct a fee, but not too much;

2.Surrender after the cooling-off period is generally a refundable cash value, but some insurance plans can refund an additional amount of money, such as the cash value of a refundable policy for participating insurance, dividends not received, etc. Some insurance products have relatively high surrender benefits, such as whole life insurance, dividend insurance, general insurance, etc.

Therefore, if the surrender is equal to the premium paid, it effectively amounts to a full refund;

3.If the insured signs without knowing it, the insured may request the insurance company to surrender the policy in full;

4.If the policyholder and the insured have evidence to prove that the insurance salesman has violated the rules, such as deceiving and inducing the consumer to take out insurance, the consumer can also request a full surrender of the policy;

5.If the insurance salesman has illegal acts such as refunds and kickbacks in the process of selling insurance products, the consumer can apply to the insurance company for a full refund;

6.If an accident occurs during the waiting period for the insured, most insurance companies will re-underwrite and draw a conclusion of coverage again based on the actual situation of the insured. However, if the insured has an accident during the waiting period, such as malignant tumor, death, etc., the insurance company will usually terminate the insurance contract and refund the full amount.

7.If the policyholder does not receive the insurance receipt after applying for insurance, does not receive a return visit from the insurance company, or the insurance company does not give a risk warning during the return visit, the policyholder and the insured can also apply for a full refund. Vacant.