If China Merchants Bank sells insurance via electronic credit card, can the policy be refunded to the savings card after the policy is surrendered?
Yes. The surrender process for telemarketing insurance is the same as that of insurance through other channels and is very simple.
If consumers want to cancel their insurance, they can first consult the insurance company’s customer service phone about the materials required for surrender, and make an appointment at a nearby business outlet that can handle the surrender procedures.
Then the consumer goes directly to the reserved business outlet to handle the surrender procedures with his/her ID card, bank card, insurance policy, and payment voucher. He then fills out the surrender application form at the counter of the business outlet and submits it to the insurance company. personnel.
After the insurance company accepts the surrender application, it will review it. After passing the review, the insurance company will transfer the refundable premium to the consumer's bank card.
It is not certain how much money will be refunded if the insurance is surrendered by telemarketing:
Because the surrender of telemarketing insurance is generally divided into two situations: surrender during the hesitation period and surrender after the hesitation period. , the premiums refunded will be different under different surrender situations.
Generally, if a policy is surrendered during the hesitation period, the insurance company will refund all the premiums, and may also deduct a cost of about 10 yuan. In other words, if the policy is surrendered during the hesitation period, the premium can be fully refunded. Consumers basically There is no financial loss.
When the policy is surrendered after the hesitation period, the insurance company generally returns the cash value of the policy in accordance with the contract, and the cash value is likely to be only about 50%-70% of the principal, or even lower. Therefore, If you surrender the policy after the hesitation period, there will be certain financial losses, and consumers should consider it carefully.
Is the insurance promoted by China Merchants Bank’s credit cards reliable?
The insurance is reliable, but you should buy it according to your own needs. You need to pay attention to the following points before applying for insurance:
1. Credit card credit guarantee insurance means that the insurance company uses the bank's credit card department as the policy holder and the insured, and will not be liable for any damage caused to the bank's credit card department due to the cardholder or other reasons. A type of insurance that compensates for irrecoverable economic losses.
2. Credit card accident liability insurance means that the insurance company takes the cardholder as the insured and will cover the loss or damage caused by the credit card being used fraudulently by others before the effective date for reporting the loss specified by the credit card department. A type of insurance that compensates for economic losses that should have been borne by the cardholder. If you are worried about risks such as theft when using a China Merchants Bank credit card, you can pass on this financial risk by purchasing a suitable insurance in advance. China Merchants Cigna has insurance products that provide protection for the safety of personal account property. You may wish to come here for a comprehensive comparison. Shop.
Claims Process
1. Report the case. Customers are requested to report the case promptly through the following methods after becoming aware of the insurance accident:
①Telephone report: Customers can call the company’s national customer service hotline to report the case;
②Fax report: Customers can also report the case by fax: Report the case to the company's national customer service fax hotline 400-888-8299;
③ Door-to-door report: Customers can also go to each branch to report the case in person; in order to ensure that customers can smoothly obtain compensation for future claims, please report the case when reporting the case. Provide the following information to China Merchants Bank.
This information should be true and specific, as follows:
①Policy number;
②Name of the insured and ID number;
③Name and contact number of the reporter;
④Basic information about the insured accident (such as the time, place, course of the accident, injuries, treatment results, hospitalization time, diagnosis, examinations and operations, etc.);
⑤Other matters that customers need to explain.
2. Claims inquiry. If the customer has opened the "online service", the customer can log in to check the latest claims status, or the customer can call the CMB national customer service hotline 400-888-8288 for claims-related inquiries. The customer service representatives of China Merchants Bank will serve the customer wholeheartedly. . After receiving the customer's claim information, China Merchants Bank will register it immediately and send a mobile phone text message to the customer to confirm receipt;
3. Claim settlement progress.
Claim investigation and verification: For claims with complete information, clear responsibilities and no need for investigation and verification, China Merchants Bank will complete the review within 5 working days; if China Merchants Bank finds that the customer’s claim information is incomplete and needs to be completed during the claim review process, China Merchants Bank will The customer will be notified in one go via mobile phone text message to pay the claim as soon as possible; if the customer's claim application requires investigation and verification, China Merchants Bank will inform the customer via mobile phone text message and re-estimate the time required for the review. Sending back the claim information: Regardless of whether the claim is paid or not, China Merchants Bank will send the "Notification of Claim Result" and the original claim information of the customer to the mailing address designated by the customer by express delivery. If the customer's claim application is approved for compensation, China Merchants Bank will remit the insurance money to the customer's designated bank account within 5 working days. In order to make the customer's claim payment smooth, please provide the insured/beneficiary's personal account number and the detailed name of the account opening bank (specifically the branch).
How to buy China Merchants Bank credit card insurance in 2020 in a cost-effective way?
China Merchants Credit Card Insurance has attracted much attention in the insurance market. Let’s introduce how to buy credit card insurance from China Merchants Bank to get a good deal.
1. The earlier you buy, the more cost-effective
The premium rate of insurance products will increase as the age of the insured increases. With the same insured amount, the difference in premium rates between those insured at the age of 40 and those insured at the age of 20 may be 30%. Especially for the elderly, the premiums for purchasing insurance products are generally higher, and the premiums may even be greater than the insured amount. Therefore, you must plan early when purchasing insurance products.
2. Choose appropriate additional insurance to improve cost performance
Most insurance products are launched in the form of main insurance combined with additional insurance, such as the one-year insurance policy of China Merchants Cigna The main insurance of comprehensive accident insurance is accidental death or disability protection, and the additional insurance is accidental medical protection, hospitalization allowance protection, public transportation accident protection, private car accidental injury protection, etc. Everyone can choose the appropriate additional insurance to purchase according to their actual situation to supplement the missing parts of their own protection. Moreover, additional insurance is generally a consumer product, and the cost itself is relatively low. In addition, the sales link is saved, and the cost will be cheaper. What kind of accident insurance includes accidental medical care? Which one offers more protection? Which one is more worth buying? Let’s take a look at the latest list! Inventory of 18 best-selling high-quality accident insurances across the country
3. Buying online is more cost-effective
China Merchants Cigna Insurance Company has launched a variety of purchasing channels for consumers to choose from, including: telephone, counter, Official website, etc., the products purchased through these purchasing methods are all the same, but it will be much more convenient to purchase through the Internet. Online purchasing can complete the entire insurance process without going out, and it also saves everyone’s time, so from time In terms of cost, buying online is more cost-effective.
The above is my answer to how to buy credit card insurance from China Merchants Bank in a cost-effective way. I hope it will be helpful to you.
If you have any other insurance questions, please come to: Protect more fish and talk about insurance! ,
China Merchants Insurance has a 1.4 times refund, can I buy it?
Yes.
China Merchants Bank Credit Card Accident Insurance is an insurance product cooperated by China Merchants Cigna Life Insurance and the bank. 1.4 times return accident insurance is one of the services, and it can be returned as agreed as long as the requirements are met.
China Merchants Insurance is a special insurance service launched by China Merchants Bank. This service links insurance and credit cards to achieve convenient insurance payment services through a complete set of systematic business processes.
Is the 1.4 times rebate accident insurance of China Merchants Bank Credit Card credible?
Trusted.
China Merchants Bank Credit Card Accident Insurance is an insurance product cooperated by China Merchants Cigna Life Insurance and the bank. 1.4 times return accident insurance is one of the services, and it can be returned as agreed as long as the requirements are met.
China Merchants Bank Credit Card Accident Insurance is actually an insurance product launched by China Merchants Cigna Insurance Company. Cigna Merchants is a Sino-foreign joint venture life insurance company featuring health and medical insurance. The Chinese and foreign shareholders are China Merchants Bank Co., Ltd. and Cigna North America Life Insurance Company, a subsidiary of the American Cigna Group. Both Cigna Group and China Merchants Bank rank among the top 500 companies in the world. Strong, each shareholder holds 50% of the shares.
How to cancel the China Merchants Bank credit card insurance
1. Cancel the insurance directly by calling. If you just want to cancel the insurance after you have just purchased the insurance, you can call the customer service hotline to cancel the insurance at this time, because the insurance The company hasn't transferred money yet, so it's easy to compare prices.
Second, if you have been insured for a period of time and then want to cancel the policy, this is more troublesome.
1. After deducting the premium, contact the credit card center and the insurance company;
2. Explain the entire process from receiving the call to deducting the payment, and indicate that the product is on the phone The characteristics described in it are not in line with my expectations, and I request a refund of the deducted premium;
3. Send the policy and a few hundred words of the situation description to the credit card center and the insurance company respectively. .
1. Types of credit card insurance
Credit card insurance generally means that the issuer signs an agreement with the relevant insurance company and pays a certain insurance premium every year as required. When the risks stipulated in the contract occur, A credit card business risk management method in which the insurance company is responsible for compensation in the event of a loss. Commonly known as "lost card insurance business", this kind of credit card insurance mainly includes two types: credit card credit guarantee insurance and credit card accident liability insurance.
Credit card credit guarantee insurance is a type of insurance in which the insurance company uses the bank's credit card department as the policy holder and the insured to compensate for irrecoverable economic losses caused to the bank's credit card department by the cardholder or other reasons. .
Credit card accident liability insurance means that the insurance company takes the cardholder as the insured, and will cover the risk if the credit card is lost or stolen
and is used fraudulently by others before the effective date for reporting the loss specified by the credit card department. A type of insurance that compensates the cardholder for irrecoverable economic losses that should be borne by the cardholder.
2. The significance of carrying out credit card insurance
As of the end of 2006, the total number of credit cards in my country has reached 56 million (including 30 million credit cards,
more than 19 million quasi-credit cards and some debit and credit cards). While credit card issuers gain market share and profits, they also face risks in direct proportion. At this moment, the launch of lost card protection seems imminent.
1 Transfer the operating risks of issuance. The existence of credit card risks is independent of human will. With the increasing development of the credit card business, the phenomenon of criminals using credit cards to commit crimes has gradually increased, resulting in an increasing economic loss for the issuance of credit cards. The occurrence of bad debt losses has affected the operation and development of the credit card issuance business. Carrying out credit card insurance can enable the issuer to receive partial or full compensation when the above-mentioned economic losses occur, so that the operating risks of credit cards have been transferred to varying degrees.
2 Eliminate cardholders’ worries. Since the credit card regulations issued by each issue clearly stipulate the initial time limit for reporting the loss of a credit card, the biggest risk for cardholders is that the credit card reported as lost is used fraudulently by others before the loss report takes effect. If you participate in credit card insurance, you only need to pay a few yuan in insurance premiums every year to transfer economic losses of hundreds, thousands, or even tens of thousands of yuan, so that cardholders have no worries.
This is the end of the introduction about China Merchants Bank Credit Card Insurance and China Merchants Bank Credit Card Insurance’s one-day hospitalization compensation of 300 yuan. I wonder if you found the information you need?