Ping An Fu has paid for five years and wants to surrender the policy, how should I surrender the pol

Ping An Fu has paid for five years and wants to surrender the policy, how should I surrender the policy? If it is because there are too many premiums and it is a serious burden on the family, you can reduce the sum insured.

Reduce unnecessary additional insurance, or change the payment method to quarterly and monthly payment. If you are only short of money, you can also defer the payment of premiums, and it is also possible to pay the premiums within the grace period of 60 days, and the insurance company will also bear the insurance liability if the insurance is out within the grace period. Surrender can only be made to the cash value of the policy, different cash values of the policy.

Yes, you can open the policy to find out how much the specific cash value is. In particular, the cash value of Ping An Fu's protection insurance is even smaller.

Operationally, of course, you can return, call ** to 95511, make an appointment, and there will be business personnel to help you operate. From the point of view of loss, it is not recommended to return. If you surrender the policy for five years, you may not be able to get back the premium for one year. To be honest, for critical illness insurance.

I really don't recommend returning. I don't know what the personal reason you are talking about is. If you are in a hurry to use the money, even if you use a policy loan.

Yes, you really shouldn't give up this protection.

The procedure for surrendering the insurance is simple, make an appointment with a service specialist, and bring your ID card.

and the insurance policy can be processed at the counter. Open the policy and compare it to the current cash value, no matter what the reason, you will lose money if you surrender the policy in the middle of the policy. My suggestion is:

Do not listen to biased beliefs, recognize the essence of insurance, and be able to rely on it when necessary; If it's for temporary financial reasons, consider a policy loan. Surrender is certainly possible, but you have to bear two risks, one is that you must bear the economic loss caused by the surrender, and the other is that you must bear the risk of surrender and the risk of not being covered in the meantime. (Of course, by taking out another product of the same type first, wait for the hesitation period.)

Later, I went back and now, this is also one of the feasible methods. Special Statement! This suggestion is not to encourage surrender, but only as a remedy as a last resort!

Because after all, any form of voluntary surrender will definitely bring certain or inaccurate losses to the policyholder! ）

Call ** to make an appointment with 95511 and there will be business personnel to help you operate, but the loss will be very large, and the five-year Ping An Fu surrender policy will not even be refunded for one year.

If you have paid for five years and want to surrender the policy, then I think you can go to their local company to go through the surrender process.

No matter what insurance we have enough to buy, as long as we don't want to pay, we can surrender the insurance, and the surrender process is not troublesome, apply directly to the insurance company, or take your valid ID card to the business outlets of the insurance company. However, if there is no better alternative, it is not recommended to surrender the policy, because the surrender of the policy in the middle of the policy will not refund the premium we paid, and can only refund the limited cash value.

First, the surrender process is very simple

First of all, we say that the surrender process is relatively simple, because when we buy insurance, the policy signed with the insurance company is the contract, and the rights and obligations of both parties can be fulfilled in accordance with the provisions of the contract.

2. Surrender only the cash value.

Surrender is not a refund of the premium we paid, only a small amount of cash value can be refunded, this part of the money is very limited, we can open our own policy to see, there is a clear amount, after paying the premium, and the contract with the insurance company takes effect, but Ping An Fu seems to be a long-term insurance, five years of surrender, obviously is an early termination of the contract, so the customer has to bear a certain loss.

3. It is not recommended to surrender the policy.

Purchasing insurance can transfer the risks that may occur in the future contract, but surrendering the insurance will not compensate us for the risk loss. Ping An Fu is a product of Ping An, although it has certain advantages, compared to other products, it is still relatively expensive, so if there is a better alternative, of course, we can choose to surrender the policy, and when surrendering, we should also pay attention to the connection of the two insurance times to avoid a window period.

As long as you don't want to, you can contact the customer service staff in the company and provide the corresponding information, and you can apply for surrender.

You can surrender the policy, although you have paid the insurance for 5 years, but you have not exceeded the pre-payment period of the insurance, so you can still return it.

It is also possible to surrender the policy, although it is not possible to surrender the policy in full, but it is also possible to refund a part of the insurance money that has been paid.

The policyholder can check the cash value table on the policy and see the specific amount that can be refunded when the policy is surrendered for five years. However, under normal circumstances, taking the annual premium of 7,000 as an example, the surrender of the policy in the first year can be more than 100, the surrender of the second year can be more than 300, the surrender of the third year can be more than 700, and so on.

Ping An Fu surrendered the policy for five years, and the policyholder needs to bear a certain amount of economic loss, after all, the cash value at that time was not higher than the premium paid, and it was much lower than the premium paid.

Extended Materials. Insurance refers to the commercial insurance behavior in which the insured pays the insurance premium to the insurer in accordance with the contract, and the insurer bears the responsibility of compensating the insurance money for the property loss caused by the occurrence of an accident that may occur as agreed in the contract, or when the insured dies, is disabled, sick or reaches the age and time limit agreed in the contract.

Insurance interest refers to the legally recognized interest of the policyholder in the subject matter of insurance. Usually, the policyholder will suffer economic losses due to the damage or loss of the subject matter of insurance, and obtain income because of the preservation of the subject matter of insurance. An insurance interest can only be established if it is legally recognized, economic, definite and not expected.

Generally speaking, the insurable interest of property insurance exists at the time of the insured event, at which point the loss can be compensated; The insurable interest of life insurance must exist at the time of conclusion of the insurance contract to prevent moral hazard.

An insurance contract is an agreement between the policyholder and the insurer to stipulate 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.

Cancellation of insurance is the cancellation of an insurance policy. After the insurance contract is signed, the parties may terminate the contract by agreement or in accordance with the laws and regulations of the country. In most forms of non-life term insurance policies, there is generally a clause for cancellation of the insurance policy, which sets out the conditions under which either party may cancel the insurance policy before it expires, so as to protect their respective interests from unreasonable prejudice caused by the termination of the insurance contract.

The clause generally provides that either party to the contract must give notice to the other party within a certain period of time before the cancellation is requested, and the insurance contract will not lapse until the end of the period.

After the cancellation of the policy, the corresponding insurance premium must be refunded. If the policy is not in force, the insured can in principle recover the full premium, but the insurer is also entitled to charge a minimum premium, or a handling fee.

If the insured cancels the insurance policy in the middle of the validity period of the insurance policy, the insurance premium shall be paid at the prescribed rate, and the insurer shall refund the balance of all insurance premiums after deducting the insurance premiums payable to the insured; If the insurer requests cancellation of the insurance policy, the unexpired portion of the premium shall be refunded to the insured on a daily basis.