Ping An New Life Insurance can refund the premium to the applicant at 100% during the hesitation period, and then refund it five years after purchase, which is a surrender outside the hesitation period. At this time, the surrender needs to be calculated according to the rules of the insurance company contract, and it is impossible to refund the principal in full. The applicant will have certain economic losses, so it is not cost-effective.
Ping An Xinsheng is a dividend-paying major insurance product of China Insurance Co., Ltd. and Ping An Life Insurance Company of China Insurance Company.