With the development of social economy, people's awareness of insurance has been continuously enhanced, and more and more people have begun to buy credit card financial insurance of China Merchants Bank to avoid the risk of providing for the aged. As for whether it has a premium refund function, most consumers still don't know much about it. Let's introduce it to everyone.

Will China Merchants Bank refund credit card financial insurance?

At present, there are only two types of wealth management insurance products, namely, "the consumption type that pays the premium and does not return it" and "the return type that returns the premium and income when it expires". Therefore, not all China Merchants Bank credit card financial insurance can return the premium. Is the return insurance cost-effective? I just sorted out the relevant contents, hoping to help you: What's the difference between consumer insurance, savings insurance and return insurance? Which is better?

For example, the life annuity insurance of Jinsheng Company launched by China Merchants Cigna has a return function. In addition to receiving the insurance premium every year after the third year of insurance, all the premiums paid can be refunded under the following circumstances.

1. If the insured dies unfortunately, the insurance company will pay the death insurance premium to the beneficiary according to the total insurance premium paid by the insured in the main contract. Which insurance company is stronger? I just sorted out the relevant content, hoping to help you: the latest list! Top Ten Insurance Companies in China

2. The hesitation period is 15 days from the date of signing the contract. If the insured requests to terminate the contract within the hesitation period, the insurance company will refund the paid insurance premium to the insured in full, without interest.

3. If the insured is totally disabled due to reasons other than accidental injury during the waiting period, this insurance will return all the insurance premiums accumulated in the additional risk exemption insurance contract to the insured without interest.

Insurance experts said that the purchase of China Merchants Bank credit card financial insurance should not be considered from the perspective of whether it has the function of premium refund, but should be considered according to its own economic situation and risk-taking ability. Only the right one is the best. For example, China Merchants Cigna Jinsheng's accompanying annuity insurance belongs to dividend-paying financial insurance, which has the function of firm protection and dividend income, and is more suitable for people with rich families, stable income and less eagerness to use this part of funds.

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