Composition of insurance contract
insurance
Article 6 The insured amount shall be increased by 5% of the insured amount specified in the insurance policy every year from the effective date.
insured liability
Article 7 Within the validity period of an insurance contract, the insurer shall bear the following insurance liabilities:
1 From the effective date of the insurance contract, the insured shall survive until the effective date of every third anniversary, and the insurer shall pay 10% of the insured amount listed in the insurance policy.
If the insured dies or is highly disabled due to illness, the insurer will pay the insurance money according to the insured amount, and this insurance contract will be terminated.
If the insured dies or is highly disabled due to accidental injury, the insurer will pay the insurance money according to the insured amount, and this insurance contract will be terminated immediately.
Article 12 If the insured dies or is severely disabled due to one of the following circumstances, the Company shall not be liable for paying insurance benefits:
1 Intentional behavior of the insured or beneficiary against the insured;
2. The insured commits crimes, takes drugs, fights, gets drunk and commits suicide;
The insured commits suicide or intentionally hurts himself within two years from the effective date of this insurance contract;
War, military action and unrest;
5. Nuclear radiation and pollution;
No driver's license or drunk driving
insurance expense
Thirteenth insurance payment methods are divided into one-time delivery, annual delivery, semi-annual delivery and monthly delivery. The payment period of the annual insurance premium is from the effective date to the end of the month corresponding to that date every year. Pay the insurance premium once every six months from June 1 day of the month corresponding to the effective date to the end of the month; The payment period of monthly insurance premium is from June 1 day to the end of each month. The applicant can choose one of them as the insurance premium payment method of this insurance contract.
Article 14 For insurance contracts delivered annually, semi-annually or monthly, the insurance premium payment period is divided into ten years and twenty years. The applicant may choose one of them as the payment period of this insurance contract.
Suspension and restoration of effectiveness
Fifteenth annual, semi-annual and monthly delivery of insurance contracts, within 60 days from the end of the delivery period of insurance premiums as a grace period for delivery of insurance premiums. During the grace period of premium payment, the company will still be responsible for insurance. If the applicant fails to pay the insurance premium within the grace period for premium payment, this insurance contract shall be suspended from the day after the end of the grace period for premium payment.
Article 16 Within two years from the date of termination of the effectiveness of this insurance contract, the effectiveness of this insurance contract will be restored after the company and the applicant reach an agreement through consultation and the applicant pays the insurance premium.
Article 17 If the Company fails to reach an agreement with the applicant within two years from the date of termination of this insurance contract, the Company has the right to terminate this insurance contract.
Termination of insurance contract
Article 18 The Company may terminate this insurance contract under any of the following circumstances:
1 Article 9;
2. The circumstances listed in Article 17;
3. The circumstances listed in Article 28.
In any of the following circumstances, the applicant may terminate this insurance contract:
4. The circumstances listed in Article 11;
5. The situations listed in Article 12;
Two years after the effective date of this insurance contract, the applicant has paid the insurance premium for more than two years, and the applicant and the insured are unwilling to continue to apply for insurance.
When the insurance contract is terminated, the insured shall collect the surrender money from the company with the insurance policy, the identity certificate of the insured and the receipt of the last payment. In case of the events in Item 1, Item 2, Item 3, Item 5 and Item 6 of this article, the Company shall pay the surrender premium to the insured according to the cash value table of this article. In case 4, the company pays the surrender premium according to the insurance premium paid by the insured. This insurance contract shall be terminated immediately after the Company pays the surrender premium to the applicant.
beneficiary
Article 19 The insured or the applicant may designate or change the beneficiary. However, the applicant's designation or change of beneficiary must obtain the consent of the insured. The beneficiary of the change must apply in writing, and it will take effect only after the company comments on the insurance policy.
Article 20 After the death of the insured, in any of the following circumstances, the insurance money shall be regarded as the insured's inheritance, and the Company shall fulfill the obligation to pay the insurance money to the insured's heirs:
1 No beneficiary specified;
The beneficiary dies before the insured, and there are no other beneficiaries;
The beneficiary loses or waives the right to benefit according to law, and there are no other beneficiaries.
Insurance accident notice
Article 21 During the validity period of the insurance contract, if the insured has an insured accident within the scope of insurance liability, the applicant, the insured or the beneficiary shall notify the Company within seven days from the date of the insured accident, otherwise, the insured or the beneficiary shall bear the increased survey expenses due to the delay in notification.
Identification of high physical disability
Article 22 If the insured suffers from a high degree of physical disability due to illness or accidental injury, it shall be appraised by the medical institution designated by the Company after the treatment. If the treatment of the insured has not ended within 180 days from the date of illness or accidental injury, it shall be identified according to the physical condition on 180 days.
pay on application
Article 23 Within the validity period of the insurance contract, the insured shall survive until the corresponding day when the third year comes into effect, and the beneficiary shall apply to the insurer for an insurance premium of 10% of the insured amount with the insurance policy, the identity certificate of the insured and the receipt of the last payment.
Article 24 If the insured dies within the scope of insurance liability within the validity period of the insurance contract, the beneficiary shall apply to the insurer for receiving insurance benefits with the insurance policy, the beneficiary's identity certificate, the death certificate issued by the public security department or the health department at or above the county level, and the receipt of the last payment.
Article 25 During the validity period of the insurance contract, if the insured suffers from a high degree of physical disability within the scope of insurance liability, the insured shall apply to the insurer for receiving insurance benefits with the insurance policy, the insured's identity certificate, the certificate of physical disability issued by the medical institution designated by the insurer, and the receipt for the last payment.
Article 26 When the insurer pays the insurance premium, it shall deduct the unpaid insurance premium.
Age calculation and error handling
Article 27 The age of the insured shall be calculated as one year old.
Article 28 If the age of the insured declared by the applicant is not true, and its true age does not reach the age limit stipulated in this insurance contract, the Company may terminate this insurance contract within two years from the effective date of this insurance contract.
Article 29 If the age of the insured declared by the applicant is untrue, resulting in the insurance premium paid by the applicant being less than the insurance premium payable, the Company shall pay the insurance premium according to the ratio of the actual insurance premium paid to the insurance premium payable.
Article 30 If the age of the insured declared by the applicant is untrue, resulting in the insurance premium actually paid by the applicant being more than the insurance premium payable, the Company will refund the overcharged insurance premium to the applicant.
Claim limitation
Article 31 The right of the insured or beneficiary of this insurance contract to request payment of insurance benefits from the Company shall be extinguished if it is not exercised within five years from the date when the insured becomes aware of the occurrence of the insured accident.
dispute over a contract
Article 32 In case of any dispute arising from this insurance contract, if negotiation fails, it can be arbitrated through an arbitration institution or brought to a people's court.
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Article 33 The term "accidental injury" as mentioned in this Article refers to an external, sudden and unintentional objective event in which the insured suffers serious physical injury.
Thirty-fourth the term "high physical disability" as mentioned in this article refers to one of the following circumstances:
1 Complete and permanent loss of binocular vision;
2. Complete and permanent loss of chewing, swallowing and speech functions;
③ The central nervous system or thoracic and abdominal organs are severely disabled and need lifelong care;
(4) Loss of wrist joint above both upper limbs or complete and permanent loss of function;
⑤ Loss of ankle joint or complete and permanent loss of function of both lower limbs;
Loss or complete and permanent loss of function above one upper limb wrist joint and one lower limb ankle joint.
If it is a new version (after 1999), there is no Article 6 to increase the insurance amount listed in the insurance policy by 5% every year on the corresponding effective date. In other words, the insured can only receive insurance money according to the insurance amount at the time of insurance.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.