If there is any deduction, please check the insurance company's credit card payment channel first. See if there is an agreement when applying for a credit card. He won't deduct your money until you sign it. If you buy it, he will send you the insurance policy and you must sign it yourself.
Is it necessary to buy commercial insurance?
The following situations will make the policy invalid:
1. The insured fails to get in touch with the insurance company in time due to changes in occupation, work, home address and other factors, resulting in the invalidation of the policy;
2. The insured cannot renew the insurance;
3. The insured delays or forgets the payment date;
4. The insured does not intend to renew the insurance for personal reasons, or intends to choose other substitute products.
If the original insurance company collects insurance premiums by direct credit card deduction, the automatic deduction function of insurance will also be cancelled after the credit card is cancelled. Once the deduction is unsuccessful, after a two-month grace period, if the insured does not renew the insurance, the insurance will automatically expire. If the applicant wants to continue to apply for insurance, he can apply for reinstatement within 2 years.
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