insured liability
Within the validity period after the insurance liability of this contract begins, the waiting period is 90 days from the date when this contract comes into effect (or finally comes into effect).
If the insured dies or is completely disabled due to illness during the waiting period, we will not bear the insurance liability and return the actually paid insurance premium without interest, and this contract will be terminated. There is no waiting period for the insured to have an insurance accident due to an accidental injury accident.
First, death or total disability insurance
If the insured dies or is totally disabled due to accident or illness after the waiting period, we will pay the death or total disability insurance money in the following ways, and this contract will be terminated.
Death or total disability insurance premium = insurance premium actually paid in this contract × proportional coefficient corresponding to arrival age.
Second, self-driving accident extra death or total disability insurance.
If the insured suffers from a traffic accident while carrying passengers or driving in a non-commercial rental car, and dies or is totally disabled due to the accident within 180 days (including 180 days) from the date of the accident, in addition to paying the death or total disability insurance premium according to the first paragraph, we will pay the extra death or total disability insurance premium for the self-driving accident according to the insurance premium actually paid in this contract, and this contract will be terminated.
Three, extra death or total disability insurance for land and water traffic accidents.
If the insured suffers from a traffic accident while riding commercial land and water vehicles as a passenger, and dies or is totally disabled due to the accident within 180 days (including 180 days) from the date of the accident, in addition to paying the death or total disability insurance premium according to the first paragraph, we will pay additional death or total disability insurance premium according to the insurance premium actually paid in this contract, and this contract will be terminated.
Four, aviation accident additional death or total disability insurance.
As a passenger of a commercial civil aviation flight, the insured suffers from a traffic accident during the period from entering the passenger cabin door of a civil aviation flight to arriving at the destination and leaving the passenger cabin door of a civil aviation flight. If the insured dies or is totally disabled due to the accident within 180 days (including 180 days) from the date of the accident, in addition to paying the death or total disability insurance premium according to the first paragraph, we will pay the amount of the aviation accident according to three times of the actual insurance premium paid in this contract.
5. Overdue insurance premium
If the insured is still alive at 24 o'clock on the expiration date of this contract, we will pay the due insurance money according to the basic insurance amount, and this contract will be terminated.
1987, China Merchants Bank was established in Shekou, the forefront of China's reform and opening up. It is the first joint-stock commercial bank wholly owned by an enterprise legal person in China and the first pilot bank promoted by the state from outside the system. Now it has developed into a banking group listed in Shanghai and Hong Kong, with financial licenses such as commercial banking, financial leasing, fund management, life insurance and overseas investment banking.