Why do I have to deduct so much from the premium when I buy the insurance and surrender it?

Because you need to deduct the commission, handling fee, labor cost, cost and so on from the premium you pay。Generally speaking, the shorter the time to pay the premium, the less the premium will be refunded, and the longer the premium is paid, the more will be refunded. Some people pay more than 10,000 yuan in premiums every year, and only pay for two years, only to find that they have only refunded a few hundred yuan when they surrender the premiums, which is actually a very normal phenomenon.

After all, these losses cannot be borne by the insurance company, but by the insurer who defaults.

Many people regret it after buying the insurance, thinking that this insurance is not suitable for them, or that the annual fee is too high and they are unwilling to pay. In this case, it is possible to surrender the policy to the insurance company, but a large number of other expenses will be deducted, and the remaining money is called the cash value. If you want to know how much money you can refund, we can find out from the insurance contract you signed at the beginning, open the insurance contract, there is a page called the cash value, which can be calculated according to the number of years you have paid and the premium.

If you feel that this is more troublesome, then you can also call the customer service ** and ask the customer service to help you query the calculation. But in any case, the premium paid cannot be refunded in full, unless you meet the following two conditions, the first is the purchase of insurance, still in the hesitation period, some people just buy the insurance and regret it, at this time we have not exceeded the hesitation period of the insurance, at this time the surrender only needs to deduct some basic costs, most of the premiums are refundable.

The second possibility is that you can prove that there is a problem with the policy, for example, you did not sign it yourself, or you were deceived by the salesman, etc. If you can prove these problems, then you can negotiate with the insurance company to surrender the policy, and the insurance company will refund the premium according to your true situation. Therefore, do not sign the insurance contract casually, so as not to cause additional losses to yourself.

Because there will be a part of the handling fee, such as insurance premium, management fee, business commission, etc., and even some insurance types will be stipulated, and a certain percentage of the amount will be deducted when the policy is surrendered.

It may be because I have suffered a major accident, and the cost of use is very high, so I have a lot of projects, so the premium will deduct a lot of money.

This is a very normal thing, because when you buy the insurance, you have already signed an agreement, and if you don't surrender the insurance at the time, you will deduct the insurance premium, management fee, business commission, etc.

People who decide to surrender the insurance will definitely think about how much they will refund and how much they can refund. Here's a guide first::《 How to refund insurance surrender, how much can be refunded, and how to reduce surrender loss? 》

How much money can be refunded under an insurance policy is divided into the following situations:

(1) Full surrender

There are usually only a few cases in which the policy can be surrendered in full:

1.Surrender during the cooling-off period

There will be a hesitation period after the policy takes effect, and the surrender of the policy within the hesitation period can be refunded in full, and about 10 yuan will be charged, usually the hesitation period is calculated after the contract receipt is signed, usually 10-15 days, and the contract will be clearly written.

2.It is signed

Because some salesmen do not operate in a standardized manner, the signature of the insurance contract is signed, and the full amount can be refunded when applying for surrender.

3.There is evidence

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

(2) Refund of cash value

If the policy is no longer in the hesitation period at the time of surrender, only the cash value can be returned, and the cash value is savings life insurance, such as long-term consumption critical illness insurance, savings critical illness insurance, endowment insurance, comprehensive insurance, whole life insurance, term life insurance with a term of more than one year, universal insurance and participating insurance, etc.; General accident insurance and one-year medical insurance have no cash value.

If you want to surrender the policy and want to know the cash value of the policy, you can read the contract or call the insurance company **, its calculation is generally like this:

(3) Return of cash value + dividends

The cash value has been mentioned above, and here we will talk about dividends. Dividends are generally divided into two parts, one is a fixed insurance premium for customers, and the other part will change according to the company's operating conditions. I don't understand this popular science:

"Demystifying the Mystery of Dividend Insurance".

Obviously, if you surrender the policy beyond the hesitation period, the money that can be refunded is less than the premium paid, which means that there will be a loss, and if you really decide to refund, take a look at this detail first:What are the details to pay attention to when surrendering an insurance policy? 》

The insurance has a three-month hesitation period, if the policy is surrendered during the hesitation period, it will be refunded in full, if the policy is surrendered after one year, it will be refunded to about 80%, and if the policy is surrendered for more than three years, it will be refunded about 50%.

This depends on how long it takes to buy, and if you buy it for about a year, you won't get too much back.

Please consult the insurance company for this question, it is best to consult the insurance company, otherwise others will not be able to give you an answer!

Summary. Generally, the premium will not be automatically deducted after surrendering, and the surrender is the termination of the insurance contract, and the insurance company should not charge the premium again. However, there will also be automatic deduction of premiums after surrender, if the insurance surrendered by the consumer has an automatic deduction function, and there is no bank account bound to the insurance after surrender, there will be automatic deduction of premiums, especially the balance of the bank account is more, in order to prevent the surrender of the insurance will also automatically deduct the premium, the consumer must unbind the bank account.

Therefore, if consumers are worried that the premium will be automatically deducted after the policy is surrendered, try to empty the balance of the payment bank account, or unbind the payment bank account bound to the insurance.

Excuse me: If the insurance is surrendered, will I still have to deduct the fee?

Hello dear, glad to answer for you. If the insurance is surrendered, do I still have to deduct the fee?

No deduction Oh Surrender the policy, do not deduct the fee.

Surrender is generally not automatically deducted from the hidden premium, surrender is the termination of the insurance contract, the insurance company should not collect the premium from the empty hall. However, there will also be automatic deduction of premiums after surrender, if the insurance surrendered by the consumer has an automatic deduction function, and there is no bank account bound to the insurance after surrender, there will be automatic deduction of premiums, especially the balance of the bank account is more, in order to prevent the surrender of the insurance will also automatically deduct the premium, the consumer must unbind the bank account. Therefore, if consumers are worried that the premium will be automatically deducted after the insurance is surrendered, try to empty the balance of the payment bank account, or unbind the payment bank account that is tied to the insurance loss.

If you have paid for two years of insurance, if you want to apply for surrender, you can only refund the next value of the policy. Because the cooling-off period has passed, you can look at the terms of the policy, and if you can generally get a full refund, you can only do it during the cooling-off period.

Critical illness insurance has a grace period (2 months), so theoretically, you can get a refund of the third year's premium. However, insurance should not be bought lightly, but should be understood. Don't return it easily if you buy it, because if you surrender the policy after the hesitation period, there will be a loss!

The insurance can only be surrendered within the initial one-year cooling-off period, but if this period is exceeded, you can only get back a small amount of money.

This kind of thing. Basically, a full surrender is not possible.

You can find out the terms of your policy, but generally speaking, if you refund now, most insurance companies will only refund you for three years of cash value, and there is no way to refund the full amount.

Hurry up and call the insurance company ** and ask for a refund, there is still a chance, if it is too late, you may not be able to refund the full amount.

If you request a surrender, all you will be returned is the cash value of the policy.

You can't get it all back, three percent, it's all like this, I don't know if it's true or false, you can ask the insurance company to say it, otherwise what to do

The standard of surrender deduction of insurance policy is not 1, if it is surrendered, it is related to whether the type of insurance is risky or saving, if the risk must be surrendered, then the money that can be returned is very small, and even if it is not returned, it is possible; In addition, it is also related to the age of the insured, assuming that two people of different ages, pay two same money, and buy the same product at the same time, if they surrender the policy at the same time, the amount of surrender is also different, because it involves the age risk of the individual; Therefore, just talking about the retirement of the policy, how much money is deducted (that is, how much can be returned) cannot be explained here, 1 Generally speaking, there is a cash value on each insurance contract, as long as you show it to the person who has sold the insurance, you can probably calculate how much to return (that is, how much will be deducted); If the new insurance customer gets the refund within 10 days (the contract with the insurance company shall be subject to the receipt), only 10 yuan of the production cost will be deducted, and other expenses will not be deducted. Cancellation is a preferential right given to customers by insurance companies, so that customers can have a period of regret and familiarize themselves with the insurance provisions.

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

Summary. Hello, you can return it; If the insured insurance has just been automatically deducted, then this situation means that it is still in the hesitation period, and the insurance amount can be refunded, but only a little handling fee needs to be paid!

Hello, you can return it; If the insurance has just been automatically deducted, then this kind of pure mess situation shows that it is still in the hesitation period, and the insurance amount can be refunded if you do the cover, but you only need to pay a little handling fee!

It's the second year.

Dear, are you applying for the first time or renewing your policy?

If it's the second year, wait a minute, check it out here!

After the second year's premium is automatically deducted, the policy can still be surrendered, but the surrender is based on the cash value of the second year. Instead of refunding the insurance premium for two years without paying the insurance premium, the insurance premium will be refunded after deducting the handling fee according to the agreement of the joint pants.

As long as the insurance is surrendered after the cooling-off period, there will be a certain amount of financial loss. According to your premium deduction situation, the loss of surrender of the insurance after deducting the insurance premium in the second year will be smaller than the loss of the insurance premium surrendered for two years.

I hope mine can help you <>

Hello, surrender can be divided into surrender during the cooling-off period and surrender after the cooling-off period. If you want to know more about the surrender knowledge, you can take a look at this article: How to surrender insurance, how much can you surrender, and how to reduce surrender losses?

I'll talk about how to surrender the insurance!

1. Surrender the policy during the hesitation period

If the insurance purchased is within the hesitation period, and then you realize that the insurance you bought is not suitable, everyone will be happy and will refund if you want to.

In other words, surrendering the policy during the hesitation period is almost no major economic loss.

But pay attention! Some products have a hesitation period of 10 days, while others have a 15-day period. Specific analysis of specific products is subject to the terms.

2. Surrender the policy after the cooling-off period

I want to surrender the policy because I am misled by the sales

Many people buy the wrong insurance because the salesman is misleading, and if you want to surrender the insurance at this time, you should pay attention to whether there are any of the following situations when buying insurance:

The insured was sick and also informed the salesman, but the salesman did not report it, which was a deliberate concealment of the customer's status.

The salesman signs or fills in the health notice on behalf of the customer.

The salesman exaggerates the insurance liability or the benefits of the insurance product. For example, if the product with 20 years of payment is misled into being sold to a customer with a 3-5 year payment, when the customer really pays in full for 3-5 years, he is told that he still has to pay, and at this time, the salesman may have left his job and cannot complain to himself.

Recommended hereXueba's peace of mind compensation service。Before applying for insurance, Xueba said that Baoneng can sort out family risks for customers, screen and compare them from the market, give cost-effective and suitable protection plans, analyze and adjust existing policies, and underwrite disease problems; In the insurance application, Xueba said that Baobao can interpret complex terms for customers, assist in health notice, and avoid later claim disputes; After applying for insurance, Xueba said that a professional claims team will assist in the whole process, providing legal assistance, follow-up policy management and other services.

I want to surrender the policy due to excessive premium pressure

It is generally recommended that the expenditure of family premiums be a percentage of the annual household income

Some consumers are eager to do a comprehensive job of protection at one time, and do not make a correct prediction of future income, resulting in a shortage of income and a serious impact on the quality of life.

In this case, the surrender of the policy, generally only the cash value can be refunded, if this insurance has only been paid for a few years, then the return of the cash value will be some loss, at this time, choose to apply for a reduction in payment (full refund of the insurance premium, but the amount will be reduced) is a way to reduce the loss.

A final reminder! When you realize that the product is not suitable and cannot transfer the risk for you, it is indeed necessary to surrender the policy, but do not let yourself be in a state of naked running without insurance, and configure new protection for yourself as soon as possible after deciding to surrender the policy. If you don't know how to choose a good insurance product, you can take a look at the 136 popular insurance products in the country that I sorted out overnightFacts:

A comparison table of 136 popular critical illness insurances in China