If I fill out the "Application Form for Insurance" and receive the "Approval SMS" from the insurance company, but I don't pay the fee, can I surrender my insurance for free?

In fact, even if the premium is paid, the insurance company will refund the premium paid after deducting the work cost as long as it applies for surrender within the policy hesitation period (about 10 days, which can be found in the insurance contract); If the hesitation period is exceeded, the insurance company will only return the cash value of the policy. Generally, the cash value of newly established insurance contracts is very low, which is equivalent to paying liquidated damages compared with the premiums already paid.

If you don't pay the premium, theoretically, the insurance contract can't be established, and if the contract is not established, there will be no surrender.