On the bank s promotion of Ping An s universal insurance?

The general insurance is to take effect after the customer signs the receipt of the policy, because the insurance terms are very complex, there is a 10-day hesitation period, and the policy can be surrendered in full.

The process of selling insurance by the bank is not very clear, and it is likely that you have signed the acknowledgment on the spot.

Suggestion: first look at which insurance company's product you are buying, check the customer service number, and then check the policy number (the insurance policy should have this information), you can call the customer service number to ask how long this insurance has been in effect (just say that you want to understand, don't say the idea of surrendering), if it is within ten days, you can go to the bank to ask for a refund.

Because there is a commission for selling insurance, it is likely that they will not let you return for various reasons, and you will not be able to retire after ten days, if you want to return, you must be resolute.

However, insurance is very important for everyone, and has an irreplaceable role in health, accidents, education, pension, steady savings and investment, etc., and is a reliable guarantee for family economic security, escorting to enjoy a rich life.

The policyholder has the right to dispose of the insurance contract, and can surrender the insurance at any time, and the policy can be fully surrendered within 10 days after receiving the contract!

If you want to refund, go to the insurance company to refund, as for the hesitation period of 10 days, you will know after checking.

Don't believe what the bank says you can't refund, because any insurance company can surrender the policy, and the bank won't refund you because he is not a professional institution, on the one hand, he may not be able to handle it, and on the other hand, he may not want to lose the commission.

However, it is recommended that you carefully understand the type of insurance you buy before making a decision, because surrendering the policy is not worth it, and at the same time, the insurance is also very beneficial to you!

1. Since universal insurance charges an initial fee, the first year is 50% of the premium, so the account value has shrunk greatly, even if you are given 5% of the income every year, the account value in the first 10 years is basically negative, and friends who fancy the financial management function of universal insurance should not ignore this;

2. In addition, the protection cost of the basic sum insured and the critical illness sum insured is increasing year by year, and it begins to grow rapidly at the age of 60, so there will be no benefit from buying universal insurance after the age of 35; If you are a longevity star, you must pay a premium every few years after the age of 60 to keep the policy in force.

3. The strength of insurance lies in protection, financial management is the weakness, and the type of financial insurance is basically not as good as the 5-year bank deposit (at least 25 years).

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

Hello, you should have purchased Ping An Life's Golden and Jade Full House Insurance (Universal). One-time payment. However, the insurance period is from the effective date of this main insurance contract to the policy anniversary of the insured's 70th birthday.

In other words, it will not expire until you are 70 years old. You will only be able to receive the maturity payment.

However, during this period, you will be entitled to the Death of Illness Benefit at 1 times the Basic Sum Insured, as well as the Non-Traffic Accident Death Benefit at 2 times the Basic Sum Assured and 3 times the Basic Sum Insured.

If you're in a hurry for money, you can borrow money through an insurance policy as a temporary turnaround. If you terminate your contract after the age of 50 and the contract has been in effect for 10 years, the cash value can also be converted to an annuity.

Cash value, you can go and look at the cash value table on the back of your insurance policy, it is all stated. If you want to surrender the policy, how much you can refund can be directly checked in the cash value table. ）

Final advice: If the money is not in a hurry to be consumed, it is better to be cautious and leave it there, because there is a certain loss if you withdraw it in advance. The bank staff said that it can only be withdrawn after 5 years, which should be just to protect the principal.

Hope mine can help you.

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