Critical illness insurance is surrendered and repurchased every year, and the promotion fee is paid

I can't comment on your idea, but I'll tell you that the loss in this is measured by yourself: according to the rate, the rate of 31 years old has begun to be not low, and the current critical illness insurance commission is assumed to be up to 90%, according to the normal simple insurance liability (one critical illness, two moderate illnesses, three mild illnesses, plus exemption) 500,000 insurance a year, insured to 80 years old, the minimum premium is about 5500, which is equivalent to spending 550 yuan for half a year, I haven't calculated your taxes and cash occupation costs, you directly choose a one-year critical illness may not be able to pay the actual premium; In the future, the annual rate will be higher and higher, and your actual expenses will be higher and higher, and if you want to be able to safely pass the waiting period, you must insure a critical illness insurance every six months (don't raise the bar and say that there are 90 days, that is a very few), an actual protection, a waiting period, then the actual cost is 10% of the two 5500, on the whole, you have a big loss, not to mention that you are 40 years old in the insurance, during this period, if your body changes, you have to say another if you don't invest.

Oh yes, I forgot to add another sentence, this operation may also be controlled by risk, and it will be added to the abnormal list or blacklist, and you will weigh it yourself.

Surrender is only a refund of the cash value, and you should pay attention to the waiting period between products when you buy them again every year.

It can be refunded, but the surrender is a breach of contract, and it can only be refunded to the cash value, and the cash value is a little higher with the increase of the year, and in the second year, it is basically zero, which is basically equivalent to not returning the money.

Your idea is naïve, if you could do this, the insurance company would have gone bankrupt a long time ago.

Summary. If the policy is surrendered during the cooling-off period of critical illness insurance, the premium paid can be refunded, which means that the policy is surrendered in full. However, some critical illness insurance products still need to deduct a production cost, but it will not be too much, about ten yuan.

Critical illness insurance surrenders 15%-70%. Critical illness insurance generally refunds 15%-70% of the cash value. If the insured surrenders the policy within the hesitation period, the insurance company will refund the entire premium paid, and if the policy is surrendered after the cooling-off period, the insurance company will only refund the cash value of the policy at the time of surrender.

If the policy is surrendered during the hesitation period of critical illness insurance, the premium paid can be refunded, that is, the policy can be surrendered in full. However, some critical illness insurance products still need to deduct a production cost, but it will not be too much, about ten key blocks.

The insurance company reported that critical illness insurance is consumer insurance, and 10,000 can only be refunded to 2,500 now.

This complaint is useless, he gives you the surrender value, it is normal, 15%-70% of the surrender value.

Then there is no way.

Look at the contract to see if it says 25% of the surrender value.

Didn't write. It stands to reason where to write.

Yes, in the insurance contract.

If not, you can go to court and sue him.

He wants to write which part is the surrender plan?

Yes, in the surrender plan.

Yes, when the contract is terminated, the company will refund the cash value at the time of termination.

This is the cash value at the time of termination.

For example, if you buy a main insurance of 100,000 yuan and a critical illness of 80,000 yuan, the 80,000 yuan is a waiting period, and once it is confirmed that the premium is paid in advance, there is no refund premium. There is only one case for the refund of premiums, that is, if you buy critical illness insurance when you purchase the insurance, but a critical illness occurs before the waiting period, the contract for the refund of critical illness premiums will be terminated.

I guess you mean you can get it back after 20 years, right? The answer to the report is that it can be refunded at any time, but the premium paid will definitely not be refunded after 20 years, and it can only be refunded to you according to the cash value table after 20 years.

If the contract is not in full, the policyholder may request to terminate this contract after the contract is concluded. The following documents need to be prepared for surrender of life insurance:

1.Application for termination of contract;

2.insurance contracts;

3.Proof of the policyholder's legal identity.

There are two types of surrender:

1.Cooling-off period surrender:

Cooling-off period surrender refers to the surrender of the policy by the policyholder within the cooling-off period agreed in the contract. Generally, insurance companies stipulate that the policyholder has a cooling-off period of 10 days after receiving the policy. Usually, the insurance company will refund the entire premium after deducting the cost of production.

2.Normal Surrender:

Surrender beyond the cooling-off period will be regarded as normal surrender. Li Leadsou usually has received insurance benefits for insurance policies, and it is not necessary to apply for surrender. Normal surrender generally requires that after a certain number of years of the policy, the policyholder can apply for termination, and the life insurance company should 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.

Extended reading: How to buy [insurance] and which one is good, teach you how to avoid these insurance"pits"

Summary. Critical illness insurance can be surrendered within one year. Critical illness insurance is a commercial insurance, consumers can choose to buy according to their actual needs and premium budget, and naturally they can surrender at any time. If the long-term critical illness insurance is surrendered after one year, the insurance company can generally refund the cash value of the policy, and the specific refundable amount can be found in the cash value table of the policy or consult the insurance company.

Critical illness insurance can be refunded after one year of purchase. If the policy is a one-year critical illness insurance policy and the policy is surrendered after one year, then the insurance company will not be able to refund any fees; 2.If the date socks are long-term critical illness insurance and the policy is surrendered after one year of purchase, then the insurance company can generally refund the cash value of the policy, and the specific refundable amount can be found in the cash value table of the policy or consult the insurance company.

Critical illness insurance can be surrendered within one year. Critical illness insurance is a commercial insurance, consumers can choose to apply for insurance according to their actual silly needs and premium budget, and naturally they can surrender at any time. If the long-term critical illness insurance is surrendered after one year, then the insurance company can generally refund the cash value of the policy, and the specific refundable amount can be found in the cash value table of the policy or consult the insurance company.