Consult an expertCorning to surrender the policy on a regular basis 10 years .

1。The surrender procedure is relatively simple, you only need to bring your ID card and insurance policy to the customer service store of China Insurance, and fill in the relevant application documents to complete.

2。Surrender is generally not cost-effective because the money you can get back will be much less than what you paid. Moreover, it is not a matter of whether you want to be sick or not, and it is a pity to pay a four-year policy to return it.

3。For the exact amount that can be refunded, please refer to the list of "cash value" in the policy.

4。Generally, life insurance has a 2-year buffer period, that is, you can suspend the policy for 2 years, and then apply for "reinstatement" and premium payment when the economy allows. However, it is generally necessary to re-do the "health notification" and recalculate the "waiting period".

5。You can also choose to "pay the reduced amount", and you do not need to continue to pay in the future, but the sum insured will be adjusted very low.

6。Critical illness insurance is the most basic protection product, and even if the policy is surrendered, it should be ranked after other insurance products.

In fact, if you buy insurance, don't refund it, it's not cost-effective.

A 1The surrender procedure is relatively simple, bring a copy of your ID card, the insurance policy, and the last incentive bill to the customer service of the insurance company and fill in the surrender application form.

2.The specific surrender time is subject to the insurance company's acceptance.

3.For the exact amount that can be refunded, please refer to the list of "cash value" in the policy.

2. Generally speaking, it is not cost-effective.

Corning Term Insurance is valid until the insured reaches the age of 70, and if the insured pays a 20-year premium and the insurance period has not expired, the insurance company can contact the insurance company if you want to surrender the policy, and the insurance company will refund the cash value of the current policy.

Termination of the insurance contract.

Extended Materials. Corning Term Insurance is a Chinese Life Insurance Company.

It is a term critical illness insurance policy developed in 1999.

The product was approved by the China Insurance Regulatory Commission in June 1999.

It was put on sale after the nuclear preparation case and upgraded in 2012.

Corning is the first generation of products launched by China Life in 1999, and the current Corning Life 2019 products on sale range from 10 critical illnesses.

Coverage is extended to 120 critical illnesses, making the coverage for minor and critical illnesses more comprehensive and detailed. Regardless of the form of the product, Corning is always a critical illness protection product.

Corning Whole Life Insurance.

It is refundable, and the policyholder can apply for surrender at any time, but the surrender time is different, and the money that the policyholder can get back is different. If the policy is surrendered during the cooling-off period, the insurance company will refund all the premiums paid, deducting a maximum of 10 yuan of production cost; If the policy is surrendered during the cooling-off period, the insurance company will refund the money according to the cash value of the policy, which can be checked from the cash value table in the insurance contract.

If Corning Insurance chooses a 20-year delivery period and has paid all the premiums, there are several ways to operate:

1. Ignore it after it is full.

Since the payment has been completed, the insured person is entitled to the protection stipulated in the terms of the contract for life. In the event of an illness specified in the contract and the conditions for compensation are met, the insurance company will also pay compensation according to the specified amount.

2. Surrender and replace.

To be able to hand over the Corning series for 20 years, it must be the earliest version, and the earliest version of Corning covers fewer diseases and the sum insured.

It is usually not high, and it is difficult to meet the needs of the current level of medical care. And after the payment is full, the gap between the premium paid and the sum insured is not large, and the leverage effect of insurance is not obvious. Therefore, it is a good choice to choose to surrender the policy and then find a cost-effective product to replace it, and the surrender loss is relatively small at this time.

Either way, consumers can choose according to their actual situation.

How to surrender Chinese life Corning term insurance.

1. The policyholder should bring the insurance policy and ID card.

Bank card, go to the customer service center of the insurance company to handle the surrender.

2. Surrender beyond the cooling-off period will be regarded as normal surrender. Normal surrender generally requires the policyholder to submit an application for termination, and the life insurance company shall refund the cash value of the policy within 30 days from the date of receipt of the application.

The cash value of a policy is the amount of money that can be returned in the event of termination or surrender of the life insurance contract. In a long-term life insurance contract, the insurance company usually needs to deposit a certain amount of liability reserve in order to fulfill its contractual obligations, and when the insured requests to terminate or surrender the policy for any reason during the validity period of the insurance, the insurance company will return the balance of the liability reserve minus the cancellation deduction to the insured according to the regulations, and this part of the amount is the cash value of the policy.

Summary. Corning Whole Life Insurance can be refunded after 20 years, and the surrender process is as follows: 1. The policyholder goes to the offline counter of the insurance company to handle the surrender; 2. The policyholder only needs to prepare:

Insurance contracts, insurance policies, insurance premium invoices, ID cards, bank cards and other surrender materials. Among them, the insurance premium invoice refers to the documents or invoices received by the policyholder for the payment of insurance premiums; 3. The surrender application form needs to be written by the policyholder himself to write the reason for surrender, the surrender time and attach his signature, and cannot be signed by others, otherwise it will not be valid.

Dear Hello to your question, how to surrender Corning Insurance after 20 years, after 20 years of Corning Insurance, you can choose to enjoy the protection stipulated in the contract for life. If the insurance leverage is not high after paying Corning, or the protection of the product is not comprehensive enough, Shenxitan can also surrender the insurance and choose a new cost-effective product instead, and the cash value of surrender can be selected according to your actual travel needs.

Corning Whole Life Insurance can be refunded after 20 years, and the surrender process is as follows: 1. The policyholder goes to the offline counter of the insurance company to handle the surrender; 2. The policyholder only needs to prepare: insurance contract, insurance policy, hail, insurance premium invoice, ID card, bank Sun Wang card and other surrender materials.

Among them, the insurance premium invoice refers to the documents or invoices received by the policyholder for the payment of insurance premiums; 3. The surrender application form needs to be written by the policyholder himself to write the reason for surrender, the surrender time and attach his signature, and cannot be signed by others, otherwise it will not be valid.

4. After preparing all the materials, the insurer will go to the counter of Chinese Life Insurance Company to go through the surrender procedures; 5. Complete the surrender of the policy according to the guidance of the staff, and submit the materials to the insurance company for review. After the insurance company verifies that it is correct, it will return the insurance money that should be refunded within the specified date.

Corning, which has been paid for 16 years, will lose money when it is surrendered for life.

In the first few pages of the insurance contract, there are several records about the cash value, and the first column above is written "the cash value corresponding to the basic benefit", about the corresponding amount from the first year, the second year, and the third year, and so on. At this time, you see what amount corresponds to the sixth year, and the above is the result of how much you should receive.

Generally, the longer the time, the smaller the loss, after all, it has been handed over for several years, and it is recommended that you return it cautiously. If you are in urgent need of money or other reasons, you can also take many ways to solve it, and you don't need to go through the surrender procedures.

Corning Whole Life Insurance is not recommended to be surrendered after 20 years, because surrender will only refund the cash value of the insurance, and the loss is relatively large, and you can wait until the expiration of the insurance coverage to receive the survival benefit.

In fact, many people don't understand what is called cash value, cash value refers to the amount of money that can be refunded in the insurance policy. In life insurance with a long insurance period, the insurance company will need to deposit a certain amount of liability reserve from the premium, and when the policyholder wants to surrender the policy, the insurance company will first deduct a certain handling fee from the liability reserve, and the remaining balance is the cash value of the policy.

The time to return the cash value of the policy is also different, if the policyholder takes the form of one-time payment, then you can surrender the policy at any time and receive the surrender money. If you choose to pay the premium in installments, it will generally take one or two years after the premium payment to apply for surrender and receive the surrender benefit.

It's been 16 years, and it will definitely not be worth surrendering. If you don't have to run out of money, you should stick to it.