Life insurance failed to deduct money on the same day. Will it be deducted automatically later?

Under normal circumstances, life insurance fails to deduct money on the same day, and it will be automatically deducted later.

If the deduction is unsuccessful that day, the insured can immediately deposit the full amount of funds into the premium deduction account and wait for the insurance company to deduct again. If the insurance company does not initiate the deduction again, you can contact the insurance company for consultation.

Usually, long-term insurance will set a 60-day grace period for payment, and payment during the grace period will not affect the protection. However, premium payment only supports debit cards such as Alipay account balance and Yu 'ebao, passbook or cash account, and does not support credit cards. Many bank cards have daily payment limits.

Extended data:

Life insurance deduction failure is introduced as follows:

Once the repayment amount is higher than the limit, it is likely that the deduction will fail. Therefore, everyone should pay attention to the fact that to check the expenditure limit of debit cards, it is best to ask customer service. The failure of automatic deduction is probably because the borrower forgot to deposit money in the debit card.

Once the repayment amount exceeds the balance of the bank card, there is no money to deduct or the money in the card is not enough to deduct, which will of course lead to the failure of deduction. Many people are bound with salary cards, and the repayment date may happen to be the salary payment date. If we delay for a few days, we may run out of money.

Xinhuanet-Automatic Deduction and Arbitrary Deduction Control The central bank solicited opinions to standardize the collection of water and electricity charges.