How much is deducted for Centennial Life surrender insurance, and can Centennial Life be surrendered

If you want to surrender the policy, the first thing that comes to mind must be, how can you 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? 》

The following charges will be deducted for surrender: <>

How much money can be refunded from the policy is divided into these three situations:

(1) Full surrender

Generally, only one of these types can be fully surrendered

1.Surrender during the cooling-off period

Insurance has a hesitation period, if the hesitation period is surrendered, the premium can be fully refunded, only about 10 yuan of the cost of production, usually the beginning of the hesitation period is after the contract receipt is signed, generally speaking, it is 10-15 days, the contract will be clearly written.

2.It is signed

If some salesmen operate improperly, 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 violated the operation or deceived the consumer, you can also apply for a full refund in this case.

(2) Refund of cash value

If the policy is surrendered outside the hesitation period, only the cash value can be refunded, and the cash value is savings life insurance, such as savings critical illness insurance, comprehensive insurance, whole life insurance, term life insurance with a term of more than one year, long-term consumption critical illness insurance, endowment insurance, universal insurance and participating insurance, etc.; Accident insurance, one-year medical insurance, etc., generally have no cash value.

(3) Return of cash value + dividends

The cash value has been mentioned above, and here we will talk about dividends. The dividend will be divided into two parts, one part is the fixed insurance money to be given to the customer, and the other part will be different due to the different operating conditions of the insurance company, this part is called the dividend, which is uncertain. I don't understand this popular science:

"Demystifying the Mystery of Dividend Insurance".

It can be found that if the policy has exceeded the cooling-off period and then surrendered, the money that can be returned will not be more than or equal to the premium, which means that there will be a lossWhat are the details to pay attention to when surrendering an insurance policy? 》Hope!

Hello, the process required for different types of insurance is different, such as Centennial Life Benefit.

Surrender during the cooling-off period

If the consumer surrenders the policy during the cooling-off period without loss, but Centennial Life does not bear the insurance liability, there will be a loss if the policy is surrendered after the cooling-off period.

The insured is entitled to a cooling-off period of 10 days from the date of receipt of the contract. During this period, if the consumer determines that the contract does not match his needs, he or she may submit a written application for cancellation of this contract, and shall submit the contract, the original invoice for insurance premiums and other materials related to the termination of the contract to Centennial Life. This contract shall be officially terminated from the date of the written application of the policyholder to terminate the contract, and Centennial Life shall not be liable for insurance from the date of entry into force of this contract, but will refund the insurance premium paid by you without interest.

Surrender after the cooling-off period.

You may request to terminate this contract by written notice and provide the following proof and information to Centennial Life:

1) Insurance contract;

2) Application for termination of contract;

3) Your legally valid proof of identity.

This contract shall terminate from the date of the consumer's written application for rescission of the contract. Centennial Life shall refund the cash value of this contract to the consumer within 30 days from the date of receipt of the notice of termination.

The consumer will suffer a certain loss if the contract is terminated after the cooling-off period.

Hello, I bought critical illness insurance, paid for a year, more than 6000. How much can I get back if I want to surrender the policy?

Centennial Life. The policy can be surrendered after one year. Generally speaking, if it is a one-year insurance product, after paying the premium for one year, as long as you do not continue to pay the premium, then the policy will be automatically surrendered, but the insurance company will not be able to refund any surrender money.

If it is a long-term insurance product, then the policyholder and the insured need to apply for surrender after paying the premium for one year, and with the application for termination of the insurance contract.

The surrender information such as the policy shall be surrendered at the insurance company.

Further information: 1. What types of insurance does Centennial Life have?

There are many types of insurance companies in the white life insurance company, and we can choose according to our needs. They have several obvious products that are very popular, and today I will introduce you to the family photo.

Centennial Red E, Health One Bai and other products, these products are really very suitable for us to buy.

Family portrait This insurance is known to everyone that can be purchased by a family, similar to group insurance, which is very suitable for families with more people.

His payout is relatively large, so if you want to buy the sum insured.

Higher ones can choose it.

2. What information is required for the surrender of Centennial Life Insurance?

1. Insurance contract (if there is only an electronic policy, please print the electronic policy and provide it to the insurance company);

2. ID card of the policyholder.

A copy of your ID card or passport, preferably with your original ID card;

3. Insurance premium receipts or invoices, and proof of payment are acceptable;

5. Customers who choose to transfer money need the bank account information of the policyholder, including the account name and the opening bank.

3. Can Centennial Life surrender the policy after one year?

Of course, the policy can be surrendered, as long as it meets the surrender requirements, the policyholder has the right to apply to the insurance company for surrender.

If you pay for one year, you can surrender the policy:

First, when the policyholder is not satisfied with the current insurance, he can surrender the policy. According to the normal surrender process, the above surrender information needs to be submitted to the insurance company and handled by the corresponding department of the insurance company.

The normal surrender of the policy is based on the cash value of the Centennial Life policy.

For example, if Mr. Wang paid a premium of 2,000 yuan when he purchased this insurance, and the cash value on the day of surrender was 1,300 yuan, then the insurance returned was 1,300 yuan, not the 2,000 yuan originally paid.

Second, if the insurance company behaves irresponsibly, when the insurance company cheats, exaggerates the insurance protection, and fails to keep promises, the policyholder can surrender the policy. This is a breach of contract by the insurance company and can be surrendered in full.

Centennial life insurance is not applicable to a very wide range of people, so it is very common for many policyholders to choose to surrender the policy after a certain period of time after purchasing it.

Centennial Life. Personal ID card.

Proof of last payment, etc.;

2. Wait for review.

After receiving the surrender materials, Centennial Life Insurance Company will conduct a review, and if the review is approved, it will calculate the deducted handling fee, premium and premium balance, and then the returned premium will be credited to the surrenderor's account and the policy will be cancelled.

3. Collect premiums.

After the surrender is successful, the policyholder needs to bring his ID card to the insurance company to collect the relevant fees, and the surrender is completed at this time.

Extended Information: How to Cancel the Insurance of Centennial Life?

1.Centennial Life surrender is divided into two stages, one is the cooling-off period.

One is to surrender the policy after the cooling-off period.

2.If the policyholder can surrender the policy within the hesitation period, it will not cause economic losses to himself, as long as the corresponding cost of production is paid to the insurance company.

3.If the policyholder surrenders the policy after the cooling-off period, the insurance company will pay the cash value of the policy.

For accounting, the amount of surrender may not be as much as previously paid, so it is relatively not particularly cost-effective, and the policyholder needs to think clearly in advance at this time.

4.Usually find your own policy directly in the place where you are insured, apply for the file and apply for surrender, and surrender according to the above operation guidelines, but now there are still very few insurance that can be surrendered online, and many policies need to be surrendered by yourself or ** person to the insurance company.

How much can I surrender at Centennial Life?

1.As mentioned earlier, if the policy is surrendered during the cooling-off period, the surrender fee is 100%, but if the policy is surrendered after this time, the cost can only be calculated according to the cash value of the policy.

2.Once the policy is successfully surrendered, it is also difficult to buy insurance later, so the policyholder needs to look at this matter reasonably and do not blindly surrender the policy.

This is calculated based on the insurance you choose, the premium you pay, and the number of years you have paid, and there is no fixed amount。Many people want to surrender their insurance after a few years of purchase, because the insurance they have purchased for themselves is of little use, or they do not want to continue paying for financial reasons. Of course, surrender is possible, but only a part of the premium paid can be refunded, and the money refunded is called the cash value of the policy.

The cash value of the policy is calculated according to the actual situation, and the actual situation of each person is different, so the amount obtained is naturally different.

We can calculate according to the formula of the page of the cash value in the insurance contract, or you can go directly to the business hall to ask the business staff, or call the customer service ** to inquire about the query, these methods can get a more accurate answer, if you can accept the refund amount, then you can bring your relevant documents to the business hall to handle the business. However, the cash value of the policy refunded is generally not very high, and the shorter the payment time, the lower the cash value.

Many people pay tens of thousands of yuan in premiums, but when they are refunded, they only refund 1 10, which is a very normal phenomenon, after all, it is a breach of contract by the policyholder, and the insurance company cannot bear the loss for others, he needs to deduct the commission to the salesman from the premium you paid, the service cost over the years, the cost of production, the policy interest and so on. Therefore, we should consider clearly when buying insurance, some people buy insurance purely in the brain, feeling that they only pay a few thousand yuan or tens of thousands of yuan a year, and these money does not matter at all.

But after paying the money, I found that I can't use this insurance at all, I suggest that when we buy insurance, we should first focus on accident insurance, life insurance, such as dividend insurance, education insurance, pension insurance, etc., should be considered in the case of their own protection is sufficient.

It should be possible to get a refund of about 50%, because after all, you have already enjoyed this treatment in previous years, so you must deduct some handling fees and other expenses.

It can be refunded about 70%, and it is also related to the funds invested in the insurance, and the possibility of refund is generally low, and it takes more time.

If you want to make a refund according to the relevant proportion, you can go to the counter of Centennial Life Insurance for consultation. At least half of it should be returned.

1. How to cancel the Centennial Life Insurance.

1) Online surrender.

Generally, you can find your own online policy directly on the official website of Centennial Life, apply for surrender, and surrender the policy according to the above operation guide, but there are not many insurance policies that are hidden and late surrendered online, and many policies need to be handled by yourself or ** people to Baozao Li Insurance Company.

2) Offline surrender.

Wait for the insurance company to accept the surrender request, and then handle the surrender according to the process.

2. How much is the surrender loss of Centennial Life Insurance?

The policyholder can apply for a surrender of the policy. However, there will be a certain loss when the policy is surrendered, which is generally divided into the hesitation period and the surrender after the hesitation period.

During the cooling-off period, the policyholder can apply to the insurance company for full surrender of the policy without paying any financial compensation to the insurance company. However, if the policyholder surrenders the policy after the cooling-off period, the insurance company will only refund the cash value of the policy.

After deducting multi-party fees, the cash value usually rarely reaches the policyholder. The specific amount can be calculated according to the policy, or you can consult the customer service of the insurance company.

3. Centennial Life Surrender**.

Centennial Life surrender** is 9542. If the policyholder needs to surrender the policy, they can call this number.

Centennial Life 95542 National Service Center implements 24-hour manual service, and provides fax, e-mail, ** and other service methods; After receiving the customer**, in addition to the customer, the corresponding service organization is immediately notified through the advanced service system, and the relevant service personnel continue to track the customer.

Centennial Life is committed to continuous improvement of ** services. The 95542 national unified customer service hotline can not only help policyholders handle policy surrender, but also solve other problems related to policyholders and centennial life insurance.

This depends on the specific product, most of the five-year term of Centennial Life is annuity dividend insurance, and the specific amount depends on what type of product it is.

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

Summary. Dear, hello, I am glad to serve you How much can I get back in two years of Centennial Life Insurance: If you refund the fee, you can refund 30% 60% of the insurance. Because surrender can only surrender the cash value of the policy, which is 30% to 60% of the premium.

Dear, hello, it is a pleasure to serve you Centennial Life Bao Xun Qing Insurance How much can I get back in two years: If you refund the fee, you can refund 30% 60% of the insurance. Because surrender can only be excavated by the cash value of the surrender of the policy, which is 30% to 60% of the premium.

Centennial Life Insurance has been paid for two years, and it has passed the hesitation period, so it is a surrender outside the hesitation period. If the policy is surrendered beyond the hesitation period, it is refunded according to the cash value of the contract, if it is an annuity insurance with a universal account, the surrender is the cash value and the account value, and if it is a participating insurance, the surrender is the cash value and the dividends that have not been received. The cash value is generally attached to the insurance contract, and the corresponding policy year is the cash value.

If the policy is surrendered within the cooling-off period, the premium paid will be refunded in full, with a maximum deduction of about $10 in cost.