Insurance underwrites health benefits How to refund critical illness insurance

If you purchase critical illness insurance and surrender the policy in the middle of the insurance policy, you can go to the insurance company's window to handle it, so that you can only refund it, and the cash value will be greatly lost.

Alipay's Health Welfare Critical Illness Insurance has four types, namely Health Welfare Critical Illness Insurance (guaranteed for 20 30 years), Health Welfare Children's Critical Illness Insurance, Health Welfare Critical Illness Insurance (insured for one year), and Health Welfare Critical Illness Insurance (guaranteed for life), of which Health Welfare Critical Illness Insurance (insured for 20 30 years) and Health Welfare Children's Critical Illness Insurance can be applied for surrender through Alipay's [Ant Insurance] - Customer Service - **Service], Health Welfare Critical Illness Insurance (guaranteed for one year), and Health Welfare Critical Illness Insurance (guaranteed for life) can be called customer service ** to apply for surrender.

At present, Healthy Welfare Critical Illness Insurance (20 30 years insured), Healthy Health Welfare Children's Critical Illness Insurance, Healthy Health Welfare Critical Illness Insurance (guaranteed for one year), and Healthy Health Critical Illness Insurance (guaranteed for life) can get back all the premiums paid when surrendered during the hesitation period, but Health Welfare Critical Illness Insurance (insured for 20 30 years), Healthy Health Welfare Children's Critical Illness Insurance and Healthy Health Critical Illness Insurance (guaranteed for life) can only get back the cash value of the policy when surrendered outside the cooling-off period, and Healthy Health Welfare Critical Illness Insurance (guaranteed for one year) can only get back the unexpired net premium if surrendered outside the cooling-off period.

Therefore, the policyholder should try to surrender the policy during the cooling-off period to avoid unnecessary losses.

Health Welfare Critical Illness Insurance can submit a surrender application to the insurance company, and get back all or part of the premium after the insurance company's review and approval.

Extended Materials. 1. General procedures for surrender of insurance:

1. Submit a surrender application to the insurance company. Write an application stating the reason for surrender and when the surrender will begin, sign it or stamp it, and give it to the business management department of the insurance company.

2. The business management department of the insurance company shall issue a surrender approval. Based on the surrender application, the insurance company will issue a surrender endorsement stating the surrender time and the amount of the surrender premium, and at the same time collect your car insurance policy.

3. Go to the financial department of the insurance company to collect the refundable insurance premium. With the surrender endorsement and your valid identification, go to the insurance company's finance department to collect the premium refunded to you.

2. Materials to be prepared for surrender.

1. The applicant should prepare the documents in person

Insurance policy, application for change of insurance contract, identity certificate of the policyholder, copy of the policyholder's bank account passbook, and copy of the beneficiary's bank account passbook.

2. ** Documents to be prepared by the agent:

Insurance policy, application for change of insurance contract, identity certificate of the policyholder, copy of the policyholder's bank account passbook, and copy of the beneficiary's bank account passbook.

3. Non-** person to prepare documents:

Insurance policy, application for change of insurance contract, identity certificate of the policyholder, copy of the policyholder's bank account passbook, copy of the beneficiary's bank account passbook, and identity certificate of the agent.

3. Calculation of Surrender Charge.

Insurance surrender includes hesitation period surrender and normal surrender, and different types of surrender are calculated differently.

1. Surrender during the hesitation period: The insurance company only charges about 10 yuan for the production cost, and will refund all the premiums paid by the consumer.

2. Normal surrender: then the calculation formula for insurance surrender is: surrender amount = premium paid by the policyholder - company management fee - commission cost - premium required for assuming responsibility? Interest accrued on the remaining premiums.

According to the Insurance Law 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.

Health Welfare Critical Illness Insurance is very convenient and easy to use. Health Welfare Critical Illness Insurance 2021 is a newly defined critical illness insurance launched by PICC Health. Health Welfare Critical Illness Insurance 2021 has all the basic protection, and you can choose to bring your own death surrender premium or pay the sum insured, which is very convenient to apply for insurance because it is sold on Alipay.

1. Basic protection coverage: Health Welfare Critical Illness Insurance 2021 provides protection for mild, moderate and critical illnesses, and the basic protection of the underwriting content is available.

2. The protection is very flexible: Health Welfare Critical Illness Insurance 2021 can choose to cover 20 30 years, or you can choose to underwrite for life, choose one of the two types of death benefit liability, and return the premium or the amount insured.

3. The premium is cheap: a 0-year-old boy is insured for 500,000 yuan, paid for 30 years and insured for 30 years, as long as it is more than 200, and the insurance for life is 1602 yuan a year, which is very cheap.

Extended information: 1. Types of insurance for critical illness insurance:

1. Term insurance.

Critical illness protection is the main insurance, which is given for a certain period of time, and generally adopts a balanced premium. The maximum coverage period of this type of critical illness insurance is 30 years, and if you buy it at the age of 20, you can only protect it until you are 50 years old, and if you buy it at the age of 30, you can only protect it until you are 60 years old. It should be noted that although this kind of insurance is the main insurance, it is also a consumer type, and the premium cannot be refunded if there is no claim.

2. Whole life insurance.

Whole Life Critical Illness Insurance provides lifelong protection to the insured. There are two forms of lifetime protection, one is critical illness protection for the insured until the death of the insured; The other is that when the insured survives to the limit age agreed in the contract (such as 100 years old), the insurer pays the insurance money equal to the amount of critical illness insurance, and the insurance contract is terminated. Generally, whole life critical illness insurance products will include death insurance liability, and the rate is relatively high due to the greater risk.

3. Additional benefit insurance.

It is necessary to purchase other main insurance at the same time, such as whole life insurance or endowment insurance at the same time, which is a type of consumption-based insurance, and the natural rate design is more common. That is, only three or four hundred yuan is required for the age of 30, and the payment will exceed several thousand yuan every year after the age of 60, and the premium cannot be refunded when no claim occurs. The cash death benefit is paid according to the sum insured of the main policy.

Operating environment: vivo phone: Y93 Alipay:

Advantages of Chinese Health Welfare Critical Illness Insurance.

1. There are many protection periods.

At present, policyholders can choose to protect for 20 years, 30 years or fixed-term insurance until the age of 70, which can meet everyone's needs.

2. Low premiums.

The premium of this product is low, and the policyholder can also enjoy a death refund premium of 500,000 sum insured.

If a man buys health welfare critical illness insurance, the annual premium is only 3,650 yuan, and if a woman buys health welfare critical illness insurance, the annual premium is only 2,850 yuan, which is very cost-effective in the same type of critical illness insurance.

3. Wide range of protection.

HealthBlessing Critical Illness Insurance provides coverage for 100 types of critical illnesses and 50 types of minor illnesses, covering high-incidence illnesses at all stages of life.

Disadvantages of Chinese Health Welfare Critical Illness Insurance.

1. The waiting period is strict.

The waiting period of Chinese Health Welfare Critical Illness Insurance is strict, and if a mild illness, serious illness, death, etc. occurs during the waiting period, it is usually not possible to receive compensation.

2. Strict health notice.

The health notice of this critical illness insurance product is relatively strict, and if the insured has hepatitis B or abnormal liver function, it is generally not possible to purchase this product.

3. Medical insurance is not allowed.

The same type of critical illness insurance product can be attached to medical insurance after purchase, but HealthFortune critical illness insurance does not have this advantage.

If the policyholder is covered by medical insurance, this needs to be taken out separately.

However, if the policyholder has already purchased medical insurance before purchasing this insurance, this can be ignored.

Healthy Fortune Whole Life Critical Illness Insurance has the coverage of critical illness + moderate illness + mild illness that is currently the conventional online product. In terms of critical illness, 130% of the basic sum insured can be paid for the first 10 years of critical illness, and this kind of design has basically become a standard design since June this year.

First of all, let's take a look at the content of Health Welfare Term Critical Illness Insurance**:

1.Principles of insurance.

The age limit is 0-50 years old, the insurance period is 20 years, 30 years and 70 years old, and the payment period is 20 years on a monthly basis, on an annual basis, and on a monthly or annual basis for a 30-year period.

2.Critical illness benefit.

Critical illness protection for 100 diseases, a single claim, 130% of the sum insured in the first 10 years, otherwise 100% of the sum insured, the maximum amount of insurance can be 650,000, which is basically enough.

3.Minor illness benefit.

Covers 40 kinds of diseases, pays 3 times without grouping, 30% each time, no interval, and the compensation ratio is average.

4.Other benefits.

Death benefit: There are two ways to choose from the death benefit, one is to return the premium, the insured dies after the waiting period, and the death benefit is paid according to the actual amount of insurance premiums paid by the policyholder, and the contract is terminated at the same time.

If you choose to get your sum assured back, when the insured dies after the waiting period and is under the age of 18, the premium paid will be paid, and the basic sum assured will be paid after the age of 18.

Waiver for the Insured: As long as the Insured is diagnosed with a mild illness as agreed in the contract, the subsequent premiums will not be paid from the date of diagnosis.

Accidental High Disability Care Benefit: During the insurance period, if the insured is unable to take care of himself in daily life due to accidental injury, the insurance company will pay an additional 100% of the basic sum insured as the accidental high disability care insurance benefit, and the validity of this additional contract will be terminated.

If the insured is still alive after the expiration of the contract, and the additional accidental high disability care insurance contract is still valid, the insurance company will pay an additional lump sum sum of 120% of the sum insured for the health maintenance insurance required by the subsequent advanced age, and the additional insurance contract will be terminated at the same time.

Surrender is a matter that needs to be carefully considered, and it is best to surrender within the hesitation period, which will basically not cause too much loss. If you don't know how to surrender your policy, this article: "How to Surrender the Wrong Insurance?" can help you.

So let's take a look at this health blessing critical illness insurance: Health welfare critical illness insurance is a critical illness insurance product on the Alipay platform**, according to different protection periods, there are three versions, namely 1 year, regular and lifetime.

1.Basic Information.

Issue age: 0-50 years old.

Duration: 20 years, 30 years, 70 years old, lifelong.

There are a variety of options for the insurance period, and the underwriting of different insurance companies does not affect the consumer's insurance.

Maximum payment period: 20 years 30 years.

Waiting period: 90 days.

2.Basic coverage.

Regular HealthBenefit Critical Illness Insurance covers both critical illness and minor illness.

In addition to critical illness and mild illness, the basic protection of Lifetime also has moderate illness benefit, and its malignant tumor can be paid three times.

Critical illness benefit. The Whole Life Benefit can be paid an additional 30% in the first 10 years of the policy, while the Term Plan only pays the basic sum assured.

Moderate to mild illness benefit.

There are 20 types of regular health benefits, and there are 20 types of lifelong health benefits, which can pay 50% each time and 3 times;

The Regular Health Benefit Minor Illness Benefit and the Lifetime Edition have the same level of protection, both of which are 30% of the sum insured.

3.Other benefits.

You can choose to get your premium back regardless of whether it is a lifetime or a regular policy, but you can add 30 specific disease benefits for a lifetime policy, and you can directly pay 200% of the basic sum assured.

In short, if you want to surrender the policy, you still need to think clearly, and make follow-up plans based on your actual situation to give yourself better protection.

If the policy has passed the cooling-off period, there will be a loss if the policy is returned after the cooling-off period.

Why do you want to return it? If you withdraw it, there will be no more guarantees.

If you really want to surrender the policy, go directly to the insurance company's business outlets to surrender the policy.

The specific process of surrender is roughly as follows:

1) Contact the customer service sales staff of the insurance company and ask if the insurance you purchased can be surrendered and how to surrender it.

2) According to the instructions of the customer service sales staff, prepare the relevant information required for surrender.

3) Fill in the surrender form.

4) Submit the surrender application and surrender-related materials to the insurance company and wait for review.

5) After the review is passed, the insurance company will refund the corresponding amount according to the contract.

Under normal circumstances, the surrender of the insurance cannot get back all the premiums paid, but there are exceptions, the specific situation is analyzed on a case-by-case basis, let's see how much premium can be refunded in the following two situations.

1.Surrender during the cooling-off period

In fact, insurance companies also have consumer-friendly settings, consumers usually have a hesitation period when buying insurance, about 10-15 days, surrender during the hesitation period, and the insurance company has no reason to surrender the policy in full (generally deducting the cost of production).

2.Surrender after the cooling-off period

After the cooling-off period, if you want to surrender the policy, then there will be a certain amount of financial loss, because the insurance contract stipulates that after the cooling-off period, the surrender of the policy can only refund the corresponding cash value.

For example, if you buy a whole life critical illness insurance of 300,000 yuan, pay for 20 years, and pay an annual premium of 5,000 yuan, if the consumer surrenders the policy after one year of payment, the cash value of the refund is only a few hundred yuan, which is a relatively large economic loss for the consumer.

Generally, as the payment time increases, the cash value of the policy also increases, and the surrender of the policy will return more money.