Questions about life insurance policyholders, insureds, beneficiaries

There are many complex contents of insurance, and the first thing to know is the policyholder, the insured and the beneficiary. Let's break it down:

1. The concept of policyholder, insured and beneficiary

(1) Policyholder

The policyholder is the one who concludes an insurance contract with the insurer and pays the premium in accordance with the contract. Buying insurance can be compared to buying something, there are buyers and sellers, in which the insurance company is the seller, and the policyholder can be said to be the buyer.

(2) Insured

The person whose property or person is protected by the insurance contract and has the right to claim the insurance money is the insured. For example, Xiaobai has a critical illness insurance, and after being unfortunately diagnosed with a critical illness, this critical illness insurance will lose money, and here, Xiaobai is the insured of this policy. The policyholder can be the insured, which means that Xiaohong can buy critical illness insurance for herself, and the policyholder is her, and the insured is also her.

(3) Beneficiaries

The beneficiary refers to the person designated by the insured or the policyholder in the life insurance contract to have the right to claim the insurance money. For example, Xiaobai suffered from a critical illness, and before that, Xiaohong bought a critical illness insurance for Xiaobai, and Xiaohei was the beneficiary, and this insurance had to pay money to Xiaohei.

II. Restrictions on Policyholders, Insureds, and Beneficiaries

Policyholder

The policyholder has an insurance interest in the insured in order to conclude an insurance contract, and in this regard, according to the provisions of the Insurance Law, the following people have an insurance interest:

Insured

If life insurance is purchased, the insured needs to have civil capacity.

The insured has the obligation to make a truthful health notice before applying for insurance, otherwise it will affect the claim of the policy"Is the health notice of the insurance company making it difficult for us? 》

Beneficiary

Beneficiaries are divided into legal beneficiaries and designated beneficiaries.

The legal beneficiary is to stipulate that the beneficiary is the legal heir, and the Inheritance Law stipulates that the inheritance of the estate shall be in the following order:

First order: spouse, children, parents.

Second order: siblings, grandparents, maternal grandparents.

Beneficiaries can be designated by the policyholder and the insured, and the order of the specified benefits and the share of the benefits can also be designated by the policyholder and the insured, and the designated beneficiaries can be one or more than one.

If you have doubts about the beneficiary designation of insurance, you can take a look:How to designate an insurance beneficiary? 》Hope!

The policyholder is the premium payer, and whoever has the bank card will be the policyholder.

If there is no insured, it should be the insured, and the insured is the object of insurance liability protection;

The beneficiary generally refers to the claimant of compensation after the occurrence of a risk accident.

The policyholder and the beneficiary may not have any relationship.

The policyholder and the insured must have an insurable interest.

The designation of a beneficiary must be agreed by the insured.

Section 2 of the Insurance Law is a life insurance contract.

Article 31 The insured shall have an insurance interest in the following persons.

a) Personally; 2) Spouses, children, parents;

3) Other family members and close relatives who have a relationship of support, support or support with the insured person other than those mentioned in the preceding paragraph.

4) Have an employment relationship with the policyholder.

of laborers. In addition to the draft provisions of the preceding paragraph, if the insured agrees that the policyholder concludes a contract for him, it shall be deemed that the policyholder has an insurance interest in the insured.

If the policyholder does not have an insurance interest in the insured at the time of the conclusion of the contract, the contract shall be invalid.

The beneficiary of life insurance shall be designated by the insured or the policyholder.

The policyholder's designation of a beneficiary is subject to the consent of the insured. The insured shall purchase life insurance for the worker with whom the employee has an employment relationship, and shall not designate any person other than the insured or his close relatives as the beneficiary.

If the insured is a person with no or limited capacity for civil conduct, his guardian may designate a beneficiary.

Article 40 The insured or the insured may designate one or more persons as the beneficiary.

If there are several beneficiaries, the insured or the policyholder may determine the order and share of the benefits; If the beneficiary share is not determined, the beneficiary shall enjoy the beneficiary rights according to the equal share.

Article 41 The insured or the insured may change the beneficiary and notify the insurer in writing. After receiving the written notice of the change of beneficiary, the insurer shall file a notice in the insurance policy.

or other endorsements or endorsements attached to other insurance certificates.

The policyholder's consent to change the beneficiary is subject to the consent of the insured.

Article 42 In any of the following circumstances after the death of the insured, the insurance money shall be regarded as the inheritance of the insured, and the insurer shall follow the "Inheritance Law of the People's Republic of China."

provisions for the fulfillment of the obligation to pay insurance benefits:

1) There is no designated beneficiary, or the beneficiary designation is unclear and cannot be determined;

2) The beneficiary dies before the insured and there are no other beneficiaries;

3) The beneficiary loses or gives up the beneficiary right in accordance with law, and there is no other beneficiary.

If the beneficiary and the insured die in the same event and the order of death cannot be determined, the beneficiary is presumed to have died first.

Extended reading: [Insurance] How to buy, which one is better, teach you to avoid these insurance"pits"

In life insurance, there is not necessarily a relationship between the policyholder and the beneficiary.

Generally speaking, the beneficiary of life insurance can designate anyone, but if no immediate family member is designated as the beneficiary, it needs to be agreed by the policyholder or the insured, and the insurance company will conduct a survival investigation of the insured, and the insurance company can only underwrite after the review is passed.

It should be noted that there is a special circumstance, according to Article 39 of the Insurance Law, when the insured person takes out life insurance for an employee with whom he or she has an employment relationship, the insured and his close relatives can only be designated as the beneficiary.

Next, the senior sister introduced the policyholder and the beneficiary respectively.

A policyholder is a person who has signed an insurance contract with an insurance company and is responsible for paying the premium.

A beneficiary is a person designated by the insured or the policyholder to claim the insurance money, and this term only exists in life insurance contracts.

To put it simply, the policyholder is the person who pays the premiums, and the beneficiary is the person who is entitled to the insurance money, and the policyholder can designate and act as the beneficiary.

Generally speaking, there are two types of beneficiaries of death insurance benefits: legal beneficiaries and designated beneficiaries, and the beneficiary of the insurance benefits other than the death benefit is the insured himself.

1. The policyholder is the person who pays the money, the policyholder and the insured can be the same person, and the policyholder and the beneficiary can also be the same person, that is, they pay for themselves to buy insurance. The insured is the protected person, and the beneficiary is the recipient of the insured money after the death of the insured. This can only happen if the insured dies.

2. The insured is the person who is protected. That is to say, according to the insurance contract, the property interests or personal rights of the person are protected by the insurance contract, and after the occurrence of the insured event, the person has the right to claim the insurance money.

3. Beneficiaries are divided into living beneficiaries and deceased beneficiaries. The surviving beneficiary is the person who can receive the money when he is alive, generally the policyholder or the insured death beneficiary, that is, the designated spouse, parents of children, after the person is gone, the person to whom the money is given can be the same person as the insured and the insured.