Pay attention to the following points when handling surrender:
1. The applicant for surrender is the insured. If the insured applies for surrender, he must obtain the written consent of the insured, and the insured clearly indicates who will receive the surrender money.
2. If the applicant applies for surrender, and the contract has been in effect for two years, the insurance company will refund the cash value of the policy after receiving the application for surrender; If the payment is less than two years, after the insurer collects the insurance premium from the beginning of the insurance liability to the end of the insurance liability, the rest will be returned to the applicant.
3 for surrender, surrender 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 the last payment certificate;
(3) the identity certificate of the insured;
(4) If entrusting others, provide the applicant's power of attorney and the client's ID card.