Whether the insurance is effective during the cooling off period, and whether the insurance has a co

The details of the insurance coverage date, effective date, and cooling-off period are as follows:

1. The underwriting date refers to the date on which the customer applies for insurance, and the insurance company assumes the insurance liability to the customer through the review, and the effective date is effective from 0:00 on the next day after the underwriting date, and the hesitation period refers to the policyholder within 10 days after receiving the insurance contract (15 days for the bancassurance channel), if the policy does not agree with the content of the insurance contract, the contract can be returned to the insurer and applied for cancellation.

2. As far as life insurance is concerned, according to the requirements of the new regulations, the effective time of the insurance contract shall take effect from 0:00 after the insurance company approves and agrees to underwrite. For example, medical insurance and critical illness insurance, after the policyholder signs the insurance agreement, the policyholder may also need to undergo a physical examination, the insurance company also needs to underwrite, after the underwriting is passed, the insurance company will send a message to the policyholder to notify, generally speaking, after 0:00 the insurance contract officially takes effect. In addition, the policyholder should also pay attention to the issue of the waiting period, during which the insurance contract has already taken effect, but if the insurance occurs during this period, there are special provisions on the payment method, and the policyholder should understand this.

3. The China Insurance Regulatory Commission stipulates that if the policy is surrendered during the cooling-off period, the insurance company shall refund all the premiums paid by the policyholder in addition to the cost of not exceeding 10 yuan, and shall not charge any other fees. Surrender outside the cooling-off period will result in a certain loss, and only the cash value at that time will be refunded, which will be stated in the policy.

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

Under normal circumstances, the insurance will take effect from 0:00 on the next day after the underwriting date, and the cooling-off period refers to the policyholder within a certain period of time after receiving the insurance contract (generally 10 days or 15 days, depending on the period agreed in the contract), if the insurance contract is not satisfied with the content, the applicant can directly apply to the insurance company to terminate the contract. If the policy is surrendered during the cooling-off period, the insurance company will refund the full amount of the premium paid to the consumer, but a certain amount of the cost will be deducted.

If the policy is surrendered after the cooling-off period, the cash value of the policy will generally only be returned. If the policy is surrendered after the cooling-off period, the sooner the policy is surrendered, the lower the cash value of the policy. Therefore, the senior sister suggests that if you want to surrender the insurance after the hesitation period, you should still consider it carefully.

In addition, you also need to pay attention to the waiting period, although the insurance contract has come into effect during the waiting period, if the insurance accident occurs during the waiting period, the insurance company will generally not bear the insurance liability, and it is usually treated as a refund of the premium paid. Regarding the waiting period, if you are still unclear, you can take a look at this article again: The insurance company will not pay during the waiting period?

If you don't understand, you'll suffer a big loss!

The above is some of the relevant content about the hesitation period, if you have the idea of buying an insurance, but you don't know which insurance to buy, then this article is recommended to collect! [Insurance] which is good, how to buy a good deal, hand in hand to teach you to avoid these pitfalls of insurance.

Insurance doesn't always have a hesitation period.

Not all insurance has a hesitation period, like many short-term accident insurance and one-year medical insurance, because the coverage time is relatively short and the premium is relatively cheap, there will be no hesitation period. The cooling-off period, also known as the cooling-off period, refers to the agreed period within which the policyholder can return the contract to the insurer and unconditionally surrender the insurance if he does not agree with the content of the insurance contract after receiving the insurance contract. The hesitation period can ensure the correct transmission of insurance information to a certain extent, reduce contract disputes, protect the rights and interests of policyholders, and curb the chaos of non-standard insurance industry.

Products with an insurance period of more than one year will have a cooling-off period, and there are cooling-off period regulations. Products with an insurance period of less than one year but a renewal clause will generally have a cooling-off period. There is no hesitation period for short-term insurance such as group insurance and card policy.

Since the policy will be effective on the next day after the policyholder pays the premium, if the policy is surrendered, the policyholder will only receive the cash value after the policy becomes effective.

The insurance law stipulates that the cooling-off period is called the insurance cooling-off period within 10 days from the date when the policyholder and the insurance company sign the agreement and get the official Baozi dispatch policy.

If the policyholder applies for surrender within the cooling-off period, the insurance company should refund the premium in full and unconditionally. If the insurance product is purchased through the bancassurance channel, the insurance cooling-off period is 15 days according to the regulations. The regulations also require that in the insurance contract, the insurance company should specify the surrender rights enjoyed by the insured during the cooling-off period.

Extended information] The cooling-off period, also known as the cooling-off period, refers to the receipt of the insurance policy by the policyholder and the insured.

Within the next 10 days, if you regret or are not satisfied with the insurance you have purchased, you can unconditionally surrender the policy. It is created to prevent customers from making the decision to buy insurance on the spur of the moment, so it undoubtedly acts as a buffer for customers.

role. Insurance Law of the People's Republic of China.

Article 10 An insurance contract is an agreement between the policyholder and the insurer on the relationship of insurance rights and obligations.

The policyholder refers to the person who has entered into an insurance contract with the insurer and has the obligation to pay the insurance premium in accordance with the contract.

An insurer refers to an insurance company that enters into an insurance contract with the policyholder and bears the responsibility of compensation or payment of insurance money in accordance with the contract.

If you surrender the policy during the cooling-off period, you must pay attention to the following points: First, if you cannot receive the policy in time due to special circumstances, it is best to notify the insurance company in advance. Secondly, after receiving the insurance policy, be sure to fill out the policy receipt in person.

and dated. This is because the insurance company's determination of the cooling-off period is calculated based on the date of receipt. Again, the policyholder must carefully read the terms of the insurance, and if he does not know enough about himself, or understands the content that is biased, he must ask the first person in time to avoid misinsuring.

Surrender loss: CBIRC.

It is stipulated that during the cooling-off period, the insurance company shall refund all the premiums paid by the policyholder and shall not charge any other fees, except for the cost of not exceeding 10 yuan. If the insured has already undergone a free medical examination with the insurance company at the time of application, the corresponding medical examination fee shall be deducted; For investment-linked products, if the value of the assets of the segregated account changes during the cooling-off period, the insurance company can only deduct the decrease in the value of the policyholder's assets and the cost of realizing the assets, but cannot deduct the commission and management fees incurred in the sale of the policy.

Summary. Hello, no, the hesitation period is a period of time after the policyholder receives the insurance contract (paper or electronic) and signs, during which the policyholder can apply for the cancellation of the insurance contract, and the insurer will refund the insurance premium after deducting the cost of work, if the hesitation period is exceeded, only the cash value of the policy will be refunded Ha The time is generally 10 to 14 days, depending on the time specified in the contract <>

Hello, no, the hesitation period is a period of time after the policyholder receives the insurance contract (paper or electronic) and signs, during which the policyholder can apply for the cancellation of the insurance contract, the insurer will refund the insurance premium after deducting the cost of the work, if it exceeds the hesitation period only to return the cash value of the policy Ha The time is generally 10 to 14 days, depending on the time specified in the contract <>

Only after signing the receipt will the travel start to calculate the hesitation period, that is, to give you a period of time to open the research contract, to see if it is suitable, if it feels inappropriate, you can surrender the insurance, bend not only a symbolic deduction of 10 yuan of the cost of production or do not deduct <>

Insurance has become an indispensable "umbrella" for modern families, and some families with a high sense of security even have more than a dozen insurance policies, which is not an exaggeration. Even families who are not aware of insurance will be related to insurance, because social insurance is compulsory and is our basic guarantee. Insurance is not only a guarantee for future life, but also a responsibility for family members, a care for the elderly, a love for the growth of children, and a protection of one's own property.

Since buying insurance is so important, how should we buy insurance? What should I pay attention to when buying insurance? How can I buy insurance better?

Insurance covers specific insurance liabilities, so be sure to read the terms of the contract carefully before purchasing, especially the insurance liability clause and liability exclusion clause. Insurance experts suggest that the following six types of clauses require special attention.

1. Insurance liability clause.

It stipulates the responsibilities assumed by the insurance company, that is, the protection that the policyholder can obtain by purchasing insurance.

2. Exemption from liability.

It stipulates that the insurance company will not pay the claim. For example, the general insurance contract stipulates that driving without a license is exempt from liability, that is, if the insured has an accident due to driving without a license, the insurance company will not be liable for compensation.

3. Premium Terms.

Policyholders need to be aware of the payment method, deadline and amount of premiums. The above-mentioned insurance experts pointed out that policyholders must choose the appropriate premium payment method and term according to their own economic situation. Also, look at the rate schedule to verify your premium amount based on your age.

On this basis, the premium amount clause, the cash value clause, and the cooling-off clause also need to be noted.

4. Premium Amount Terms.

The premium amount clause is the limit that the insurance company will pay in the event of an insured event. Policyholders need to note that some insurance contracts have different payouts for different insurance liabilities.

5. Cash Value Clause.

The cash value clause is an important clause in a life insurance contract. According to the above-mentioned insurance experts, long-term life insurance contracts often have a cash value, that is, the surrender cash that the policyholder can get by surrendering the policy halfway during the validity period of the insurance contract. In general, the cash value of Minbiqiao is not equal to the premium paid and tends to be less than the premium.

Moreover, the earlier the surrender time, the lower the cash value, the greater the difference between the cash value and the premium, and some insurance contracts even stipulate that the cash value will be zero at the time of surrender.

6. Cooling-off period clause.

When we buy insurance, we often see the provisions of the insurance clause that pay attention to the hesitation period, the insurance contract will generally stipulate the hesitation period to protect the interests of the policyholder, which can give the policyholder a certain chance to regret it, and the policyholder can terminate the insurance contract during the hesitation period (such as one week) and the insurance company will refund the premium.

The surrender during the hesitation period means that the policyholder can return the contract to the insurer and apply for cancellation within 10 days after receiving the insurance contract (15 days for the bancassurance channel) if he does not agree with the content of the insurance contract. During this period, the insurer agrees to the policyholder's application, cancels the contract and refunds all the premiums collected. It should be reminded that after receiving the insurance policy, you must fill in the policy receipt in person, because the insurance company's determination of the cooling-off period is calculated based on the date of receipt.

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

All life insurance policies almost always have a 10-day cooling-off period, which is equivalent to a trial period for products after the mall, during which customers can unconditionally surrender the policy and get back all the premiums they have paid if they are not satisfied with the insurance they have purchased. After the hesitation period, the surrender of the policy is often charged a higher fee, which is very cost-effective, so that even if the customer understands that the insurance is not suitable for him, it is difficult to surrender the policy ruthlessly, resulting in unnecessary losses.

The insurance cooling-off period refers to the fact that within 10 days after receiving the insurance contract (15 days for the bancassurance channel), if the policyholder does not agree with the content of the insurance contract, the policyholder 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. This 10 days (15 days for the bancassurance channel) is commonly referred to as the "cooling-off period".

The cooling-off period, also known as the cooling-off period, is a period of time after the policyholder receives the insurance contract and signs in writing, during which the policyholder can apply for the termination of the insurance contract, and the insurer will refund the insurance premium paid after deducting the cost of production. Generally, it is within 10 days from the day after the signing of the contract, and due to different regional regulations, some are natural days, and some are counted as working days.