1. What are the surrender procedures?
Different insurance companies and different insurance products may require different information for surrender. For details, please call the customer service phone of the insurance company directly. Generally speaking, the information required for commercial insurance products to surrender is as follows: application for surrender, also called application for termination of contract, the template can be downloaded by the insurance company official website or requested by the insurer; The application for surrender shall indicate the reason and time of surrender, and shall be sealed by the unit or signed by the insured. If it is surrender additional insurance or electronic insurance policy, the original insurance contract is not needed. Insurance invoices generally require the original payment voucher, and some companies can also use a copy, which is subject to the description of the insurance company. The applicant's identity certificate generally requires the original certificate; If the applicant entrusts the patient to apply for surrender, it is necessary to prepare the applicant's power of attorney and the client's identity certificate.
Second, what should I pay attention to when surrendering?
Under normal circumstances, in order to prevent the insured from going back on his word and asking for surrender after signing the contract, the insurance company will stipulate a hesitation period in the insurance contract and apply for surrender within the hesitation period, and the insurance company will accept surrender. Surrender after hesitation is not a refund of the premium paid, but a refund of the cash value of the contract. Refers to the amount that an insurance company can return to the insured when it surrenders, and the cash value of different products is also different.
Because many people will buy insurance now, because no one can predict when the accident will come, so insurance will solve many problems for us to a certain extent. Buying insurance depends not only on the brand to buy insurance, but also on protection. It is necessary to determine how much insurance you can pay and how much premium you can pay according to your personal situation and family conditions, and choose insurance products according to your actual situation.