How much will the surrender premium be deducted after I buy the insurance?

In real life, many people are very impulsive when they buy insurance. Then after buying it, I regretted it a little, and I wanted to surrender the policy at this time. So, how much will the premium be deducted if the policy is surrendered?

This is actually required according to the relevant regulations of the insurance we have purchased. Generally speaking, when refunding the fee, he will calculate it according to the duration of the insurance, and after deducting the amount of the corresponding period, he can refund the rest. This is relatively rational, and we can accept it.

But there are some types of insurance, or some insurance companies. They may be disgusting, and they may add a default fee, so that when we surrender the policy, we will lose a lot. So when we buy, we must be cautious, so as to reduce some unnecessary losses.

So for us, how do we choose? Let's take a brief look at it below.

The first is to clarify the relevant regulations. Yes, the purpose of buying insurance is to protect ourselves. Then naturally, we do it before we buy.

It is important to understand the relevant regulations so that we can help us analyze the insurance. And it is conducive to us to grasp the relevant situation, so we must be clear about the relevant content, which naturally includes the relevant surrender regulations.

Second, be clear about the content. In real life, insurance companies have a lot of products. Then when we buy, we need to combine our actual situation and our actual needs to clarify the corresponding insurance content.

Only the insurance that is really suitable for us can really play his role. <>

So I hope you can be cautious, so that we can really give ourselves an extra layer of protection. Otherwise, for us, there is no guarantee, which may be an additional risk. Therefore, when buying insurance, you must have more eyes.

In this way, we can prevent problems before they occur and reduce losses.

After buying insurance, if you want to refund the premium, you will have to deduct at least 15% of the handling fee, so the handling fee is still very expensive.

Different insurance companies will also have relevant regulations, and there will be different requirements for the surrender premium, and the handling fee is about 3% to 5%.

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.

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.

Hello this friend, the specific amount of premium refund still depends on what type of insurance you buy, and then it will be refunded according to the cash value.

Dad teaches you how to surrender the insurance policy is the most cost-effective, see here: "Buy the wrong insurance, how to surrender the most cost-effective?" 》

So how much can you get back when you surrender the policy?

1.Surrender during the cooling-off period.

In reality, there are many consumers who buy insurance on a whim, and they do not know their needs before buying, and they do not know what protection the insurance they buy can provide, which is very blind.

However, the insurance on the market is still relatively humane, and there is usually a hesitation period, that is, during the hesitation period, if the consumer feels that the insurance he bought is not satisfactory, then he can surrender the policy unconditionally.

The hesitation period of insurance is generally 10-15 days, and the hesitation period is generally understood to give consumers a chance to regret it.

If the policy is surrendered during the cooling-off period, the consumer generally has no loss or the loss is relatively small, and the insurance company will refund the premium paid by the consumer in full (the cost of production may be deducted).

2.Surrender after the cooling-off period.

If the consumer chooses to surrender the policy at this time, then there will be a certain economic loss.

And as long as the cooling-off period has passed, no matter how long it has been, even if it is a few minutes or hours, the insurance company will directly determine that the policy is surrendered after the cooling-off period.

Dad concluded that how much money can be refunded by insurance surrender mainly depends on when the consumer surrenders the policy.

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"

Hello! It can be returned. In terms of operational procedures, surrender is relatively simple.

If it is within 10 or 15 days after signing the policy, which is what we often call the hesitation period, you can apply for a surrender of the policy, and the premium can also be fully withdrawn. If you apply for surrender after the cooling-off period, there is no procedural obstacle, but the applicant will have a certain loss financially.

Generally speaking, the surrender of the insurance policy requires the policyholder to bring the original identity certificate, the original policy and the original payment voucher of the last installment to the "preservation" window of the insurance company's business hall. If there is really difficulty, the policyholder can entrust another person in writing to handle the application, and the agent will bring the original identity certificate of the policyholder, the original identity certificate of the agent, the original policy and the original payment voucher of the last installment to the insurance company for processing.

It depends on what type of insurance you are buying for shed oaks.

For example, if the policy is surrendered during the cooling-off period, 100% of the premium will be refunded. If the policy is surrendered outside the cooling-off period, only the cash value will be refunded.

After buying insurance, if you feel that it does not meet the actual needs, you can go into the family to surrender the insurance, because surrender is the right of the policyholder. As for whether to deduct the cost of production, it depends on the specific regulations, some companies will deduct it, and some will not deduct it. If the surrender is in the hesitation period, the insurance company will refund the premium paid without interest (if there is a cost of work, it will be refunded after deducting the cost of work), and the policyholder will hardly suffer any loss.

Usually when you check the insurance contract, in addition to the hesitation period, you may also encounter professional terms such as "waiting period" and "grace period". Everything you need to know about insurance is here.

However, if the policy is surrendered after the cooling-off period, the insurance company will refund the cash value, and if the cash value grows slowly, it is not equal to or exceeds the premium paid, and the policyholder will suffer a certain loss.

In addition, under normal circumstances, surrender can be divided into online surrender and offline surrender, if you don't know which way the product you want to surrender supports, the senior sister suggests that you can call the official ** of the insurance company for consultation.

After surrendering the policy, if you still want to insure a new product, you must also carefully understand the protection content of the product and try to avoid the situation of surrendering after the hesitation period again.

In the end, the senior sister prepared an insurance strategy for everyone, which is full of dry goods, and you have to quickly collect it: [insurance] which is good, how to buy it cost-effectively, and teach you to avoid these pitfalls of insurance.