Normal surrender requires that after a certain period of time, the insured can apply for termination, and the life insurance company should refund the cash value of the policy within 30 days from the date of receiving the application.
When handling the surrender, the surrenderer shall provide the following documents:
1. Applicant's application. If the insured requests to surrender, it shall provide the certificate that the applicant agrees to surrender in writing;
2. A valid insurance contract and proof of the last payment;
3. The identity certificate of the insured;
4, entrust others to handle, should provide the applicant's power of attorney, the client's ID card.
Extended data:
The Insurance Function of Education Fund
1, "free of charge" function
Once the insured parents encounter misfortune, death or total disability, the insurance company will waive all unpaid premiums and the children can continue to receive protection and assistance.
2, the function of compulsory savings
Parents can choose the coverage and amount of insurance for their children according to their own expectations and their children's future education level. Once the education insurance plan is established for children, they must deposit the agreed amount every year to ensure that the savings plan can be completed.
3. It has the guarantee function of insurance.
Once the insured has risks such as illness or accidental death, high disability, etc., the child's education fund reserve plan and premium cannot be used, and the original rights and interests of the policy remain unchanged.
Baidu encyclopedia-surrender
Baidu encyclopedia-education fund insurance
Are there any overseas projects that I can invest in?