Surrender process:
After the contract is established, the applicant may request to terminate the contract. When the applicant requests to terminate the contract, he shall fill in the application for termination of the contract and submit the insurance contract and the applicant's legal identity certificate.
This contract shall be terminated when the company receives the application for termination of the contract. If the applicant requests to terminate the contract within 10 days after signing the insurance policy, the insurance company will refund all the premiums received to the applicant within 30 days after receiving the application for termination of the contract.
If the applicant requests to terminate the contract ten days after signing the insurance policy, the insurance company shall return the cash value of the contract to the applicant within thirty days after receiving the application for termination of the contract.
Surrender in hesitation
Surrender in hesitation period means that the insured surrenders within the hesitation period stipulated in the contract. General insurance companies stipulate that ten days after the insured receives the policy is the hesitation period. Usually the insurance company will refund the full premium after deducting the production cost.
Surrender normally
Surrender beyond the hesitation period is regarded as normal surrender. Usually, the insurance policy that has obtained the insurance premium may not apply for surrender. Normal surrender generally requires that the applicant can apply for termination after a certain period of time, and the insurance company should refund the cash value of the policy within 30 days from the date of receiving the application. The cash value of a policy refers to the amount that can be returned when the life insurance contract is terminated or surrendered.
In an insurance contract, an insurance company usually needs to deposit a certain amount of liability reserve in order to fulfill its contractual responsibilities. When the insured requests to cancel the contract or surrender due to the insurance validity period, the insurance company will return the balance of the deposited liability reserve minus the cancellation of deduction to the insured according to the regulations, which is the cash value of the policy.
Q: Can China Life Universal C withdraw the principal including interest after three years? Have you ever bought a friend? You bought financial insurance from the bank. He doesn't belong to a bank or insurance company. We can only watch it according to the regulations.
My father bought a copy of Huaxia Life Insurance last year. What if you die in a car accident? I will take the insurance policy to China Life Insurance to declare my claim.
Mail-ordered Huaxia Life Insurance C for 6.5438+10,000 yuan. Can I fully refund the principal after one year? No insurance can make you get a high return when it expires in one year, so I can tell you for sure that the principal will not be refunded. Unless the money you have saved is not insured, or the insurance you bought is still in doubt, you can only refund the cash value.
I bought Huaxia Life Insurance when I got a loan, and now my fingers hurt. Excuse me, can I lose money from insurance? Loans are accidental injuries, and I basically don't bring accidental medical care. And even if there is accidental medical treatment, there will be a deductible of 100~200. How much can a finger injury cost?
What should China Life do if it doesn't surrender half a month ago? It depends on what insurance you have. Products such as general reimbursement are not refundable. For example, accident insurance takes effect the next day, but it can't be refunded. Everything else should be returned, but not in full, because you have passed the hesitation period of 10 days. If you don't surrender, it is one of the above two, or you don't surrender, you can complain to them.
How long will it take for China Life Insurance I offered today to surrender tomorrow?
Please call their customer service number for consultation first.
It seems that you have to get an insurance policy to apply for surrender.
You don't have to worry too much about this. That is, you still have a ten-day hesitation period after you get the policy.
If you surrender your insurance within these ten days, you will have nothing to lose.
So I suggest you call the customer service staff first. Otherwise, it will be a waste of time if you can't do it.
I bought a copy of Huaxia Life Insurance, just take care of yourself. I have paid the premium for five years now. Is there any loss in surrendering now? Look at the cash value on the policy and you will know how much money you can get back ~!
Can Huaxia Life Insurance bought by ICBC be surrendered within 10 days? When will the money arrive? It is ok to surrender during the hesitation period, as long as the insured brings the insurance policy, ID card and bank card and goes to the customer service center of the insurance company to surrender. General insurance companies stipulate that ten days after the insured receives the policy is the hesitation period. The money will arrive in three to five days. Usually the insurance company will refund the full premium after deducting the production cost.
Surrender means that after a certain period of insurance (the period of surrender is generally stated in the insurance policy), customers cannot renew their insurance for various reasons and must go through the formalities of surrender. Its main work is completed by sales staff. By the salesman with the applicant's power of attorney (must be signed by the customer) and the applicant's identity documents to the insurance company for surrender procedures, and then get back the surrender money to the customer. The customer only needs to sign or seal the refund receipt to successfully complete the surrender procedure.
Hand over the required documents
1. application for surrender: specify the reason and time of surrender, and the insured shall be stamped if it is an organization, and signed if it is an individual.
2. Insurance policy: the original is required. If the insurance policy is lost, it needs to be reissued in advance.
3. Insurance invoice: the original is generally required, and sometimes a copy is also acceptable.
4. Identity certificate of the insured: the insured is the required company business license; This is a private matter. You need an ID card.