How will the surrender fee be calculated? How much can I get back?

Nowadays, many people pay more attention to insurance, insurance can indeed provide protection for everyone, and everyone will definitely encounter some unexpected situations in life, and these accident insurance can reduce the corresponding risk for everyone. There are many people who want to go through the surrender procedures after purchasing insurance, how should the cost be calculated when surrendering the policy? How much money can I get back?

In fact, the surrender procedure is the customer's right and interests, if you regret it after buying insurance, or feel that these insurance are not suitable for yourself, then you can submit the surrender to the insurance company, the insurance company received the applicant's needs, it should cooperate with the applicant to carry out the relevant procedures, so if you want to go through the surrender procedures, you should contact the relevant personnel of the relevant company in advance. However, everyone should be more concerned about how the cost is calculated when surrendering, in fact, it mainly depends on the specific provisions of the contract, if it is in the period of the hesitation period is the full surrender, if it is not in the period of the hesitation period, then it should be calculated according to the actual situation.

In fact, the process of handling the surrender procedures is not so complicated, but if you want to go through the surrender procedures, you need to apply to the insurance company in advance, and then you need to fill in the surrender application form, and then the insurance company will review the relevant documents and information, and after the audit is passed, the insurance company will handle the relevant business, and the specific amount will be calculated in this process, so how much money to refund is judged according to the actual situation of each person.

If you want to go through the surrender procedures, it is best to contact the insurance company in advance, so that you can understand the relevant surrender procedures, and there will not be so much trouble in the follow-up process, you just need to follow the method.

When you surrender the policy, you can probably refund about 80%, and if the insurance company is better, it may also be refunded to about 90%. It also depends on how your insurance contract is written, and the surrender mainly depends on the insurance contract. Some handling fees will be deducted when the policy is surrendered, so it is best not to surrender the policy halfway.

Compensation can be made through the provisions of the insurance, because the relevant compensation provisions are written on each insurance, so it is enough to compensate according to the regulations. You can refund 85% and 90% of the money, because the remaining part of the money is used as liquidated damages and handling fees, so the amount you get is only about 85% 90%.

Generally, it is related to the funds you invested when you bought insurance before, and then it is also related to the time when you surrender the insurance, and it is also related to the time you hold this **, and it is generally necessary to deduct the corresponding handling fee, which is about 10%.

The normal surrender amount of the policy is calculated based on the cash value at the end of the policy. Cash Value: Stick a cash value table, you can see that your insurance policy has this kind of table. First of all, see how much is the standard (some are calculated by the sum insured, some are calculated by the premium), find the actual premium or the sum insured of your policy, calculate how many multiples of this standard are, and then use this multiple The cash value corresponding to the policy period.

The cash value of many policies cannot catch up with the premium in the early stage, so surrendering the policy at this time will cause us a loss. In this case, if there is evidence to prove the misleading sales, the insurance company can obtain a full refund through a negotiated application or lawsuit. The cash value table is also an approximate one, which can be referred to, after all, it refers to the end of the year, and the money surrendered at other times, you have to contact customer service or go to the counter.

Among them, the surrender of compulsory liability insurance needs to meet these conditions: first, the policy must be within the validity period; Secondly, the car has not been reported or claimed to the insurance company. Car insurance can be surrendered, but to meet the car insurance surrender conditions stipulated by the insurance company, in general, car insurance surrender must meet two conditions:

First, the policy must be in force. Secondly, the car has not been reported or claimed to the insurance company.

Among them, the surrender of compulsory liability insurance needs to meet these conditions:

1. The insured vehicle has been cancelled from registration in accordance with the law;

2. Handle the suspension of driving;

3. It has been confirmed by the public security organ that it has been lost;

4. The owner repeatedly insures compulsory traffic insurance;

5. The vehicle is resold, transferred, or given to a place other than the location where the license plate is located;

6. If the new car is withdrawn by the seller due to quality problems or the relevant technical parameters do not meet the national regulations, the traffic management department will not be allowed to go to the household.

And generally to surrender the compulsory insurance, the first thing to look at is the effective date of the compulsory insurance on the policy, if the policy has not yet taken effect, you can surrender the policy. If the compulsory traffic insurance has been in effect, according to the Regulations on Motor Vehicle Traffic Accident Liability Insurance, if the conditions for surrender are not met, the policy will not be surrendered. After applying for surrender, the insurance company calculates the surrenderable premium by using the actual premium paid at the time of insurance application, minus the premium that the insurance company should charge during the effective time of the insurance, and the balance is refunded to the car owner.

The specific process of surrendering a car insurance is as follows: the owner submits a surrender application to the insurance company, stating the reason for surrender and when the surrender will begin. After review, the insurance company will issue a surrender endorsement indicating the surrender time and the surrender amount, and the policy will be withdrawn.

After that, the car owner can go to the insurance company to collect the refundable premium with the surrender endorsement and ID card. I hope the subject and netizens are grateful.

1. In the first year of the policy, Mr. Li, 31 years old: the cumulative premium is 4,412 yuan, and the surrender is 288 yuan;

2. In the fifth year of the policy, Mr. Li, 35 years old: the cumulative premium is 22,060 yuan, and the surrender is 6,028 yuan;

3. In the tenth year of the policy, Mr. Li, 40 years old: the cumulative premium is 44,120 yuan, and the surrender is 21,604 yuan;

4. In the twentieth year of the policy, Mr. Li, 50 years old: the cumulative premium is 88,240 yuan, and the surrender is 67,108 yuan;

5. In the twenty-fifth year of the policy, Mr. Li, 55 years old: the cumulative premium is 110,300 yuan, and the surrender is 93,156 yuan;

6. In the thirtieth year of the policy, Mr. Li, aged 60: the cumulative premium is 132,360 yuan, and the surrender is 122084 yuan;

6. In the 40th year of the policy, Mr. Li, 70 years old: the cumulative premium is 132,360 yuan, and the surrender is 145,380 yuan;

Hello, the cash value of different types of insurance is different, it is recommended to open the insurance contract and look at the corresponding cash value in the second year, that amount is the amount that can be refunded by surrendering.

This is stipulated in the insurance, and it can only be calculated by looking at the cash value of the contract.

Summary. Hello, dear, how much is the insurance surrender is divided into two situations, the first is the full refund of the insurance premium paid during the hesitation period.

Hello, dear, how much is the insurance surrender is divided into two situations, the first is the full refund of the insurance premium paid during the hesitation period.

The second is to surrender the policy after the cooling-off period, and the cash value of the policy in the year of surrender will be refunded. The cash value of the policy can be viewed through the cash value table of the policy contract, and then calculated according to your own basic sum insured, the specific calculation process is as follows.

First of all, there is a page of cash value in the purchased insurance contract. The cash value table will be expressed in three ways, namely the cash value for every $1,000 of the basic sum insured, the cash value for every $10,000 of the basic sum insured, and the cash value of the policy. If the cash value corresponding to every 1,000 yuan of insurance amount in your insurance contract is in your insurance contract, then you need to convert the basic insurance amount into multiples of 1,000, and then multiply it by the number in the cash value table of the corresponding policy year to calculate the cash value of the current year.

For example, if the basic insurance amount of your policy is 200,000 yuan, you have paid for five years. In the cash value table, the value of the fifth year is 86 yuan, then, the calculation method is 200000 1000 86 = 17200 yuan, and the cash value of the fifth year of the policy is 17200 yuan.

yes, I bought a critical illness, um.

I don't want to pay it this year.

The cash value of a critical illness insurance product is very low, especially during the premium payment period.

Which company? Kiss.

Within the 60-day overdue.

Chinese life. Is it a national life blessing?

It's been a few years.

Can I get a refund? It can be returned.

It's been 5 years. It is revitable.

The policyholder should bring a valid ID card and fill in the surrender application form at the service desk of Chinese Life Insurance Company to handle the surrender. 2.Contact the service ** person of Chinese Life Insurance Company to submit a surrender application, and the ** person of the insurance company will print the surrender application, find the policyholder to sign, and provide a copy of the ID card.

The service staff of the insurance company will return the information to the company for surrender. 3.Open the Chinese Life Insurance app, log in with your identity information, click on the home page to surrender the policy, after face recognition authentication, fill in the surrender information and the bank account information to receive the surrender funds, and submit it to the insurance company to complete the surrender.

The surrender proceeds will be transferred to the designated bank account within 3 working days.

After 5 years of critical illness insurance, the cash value of the normal surrender is very low, about 30% of the premium. Surrender is not cost-effective, the loss is very large, and it is usually not recommended to surrender the policy.

If you want a full refund, you need to purchase insurance that is in violation. For example, if there is a salesman signing on behalf of the salesman or the salesman exaggerating and falsely advertising the protection benefits, not explaining the terms of the policy contract in detail, the customer is not clear about the insurance benefits and giving the customer a rebate, etc., it is a violation of the law.

Insurance surrender can be divided into cooling-off periods.

In the case of surrender and normal surrender, the calculation method of the two surrender methods is as follows: the insurance company needs to charge about 10 yuan for the cost of surrender during the hesitation period, and will refund all the premiums paid by the consumer; For normal surrender, the calculation formula is that the surrender amount is equal to the premium paid by the policyholder minus the company's management fee, minus the commission cost, and then minus the premium required for the assumption of responsibility, plus the interest generated by the remaining premium.

According to the laws of the People's Republic of China, if the policyholder terminates the contract and has paid the insurance premium for more than 2 years, the insurer shall refund the cash value of the insurance policy within 30 days from the date of the notice of termination.

If the insurance premium is not paid in full for 2 years, the insurer shall refund the insurance premium after deducting the handling fee in accordance with the contract.

The insurance refund process is as follows:

1. Individuals should bring their ID cards.

Go to the insurance spine with the insurance contract to go through the surrender procedures at the company's business outlets;

2. Entrust the salesman.

Go to the business hall to handle it, give the relevant documents to the salesman and let the salesman handle it on his behalf;

3. Call Bao Jian Ye Extreme Insurance Company** and transfer customer service to handle the surrender of the policy.

When the insurance is surrendered, only the cash value can be refunded, which is the value of the policy. After you pay the premium, the insurance company covers you and you need money. If someone is out of danger, the claim will also need money.

So even if you don't have insurance, these costs are paid for with the premiums you pay.

The first thing that comes to mind for people who want to surrender their insurance is how to get as much money back as possible. The guide is sent::《 How to refund insurance surrender, how much can be refunded, and how to reduce surrender loss? 》

How much money can be refunded when surrendered, there are several situations:

(1) Full surrender

Generally, only one of these types can be fully surrendered

1.Surrender during the cooling-off period

There will be a hesitation period to buy insurance, and the surrender of the policy during the hesitation period can be refunded in full premium, and the cost of production will be deducted, generally 10 yuan, and the hesitation period usually begins to be calculated after the receipt of the contract is signed, usually ten days, and the contract will be stipulated.

2.It is signed

If some salesmen do not operate in a standardized manner, and the insurance contract is not signed by me, in this case, the application for surrender can be refunded in full.

3.There is evidence

If there is evidence that can prove that the person violated the rules or deceived the consumer, he can also apply for a full surrender.

(2) Refund of cash value

If the hesitation period is exceeded, only the cash value can be refunded, and the cash value must be savings life insurance, such as endowment insurance, endowment insurance, whole life insurance, term life insurance with a term of more than one year, long-term consumption critical illness insurance, savings critical illness insurance, universal insurance and participating insurance; There is no cash value, such as one-year medical insurance and accident insurance.

(3) Return of cash value + dividends

The cash value has been mentioned above, and here we will talk about dividends. Generally, it will be divided into two parts, one part is the fixed insurance money to be given to the customer, and the other part will change according to the company's business situation, and this part of the uncertain insurance money is called dividends. The details are sorted out here:

"Demystifying the Mystery of Dividend Insurance".

Obviously, if you do not surrender the policy within the hesitation period, you can only return less money than the premium paid, which means that there will be a lossWhat are the details to pay attention to when surrendering an insurance policy? 》