How to refund China Life?

China Life Insurance Surrender Process

China life insurance surrender process is as follows:

1. The insured shall call the customer service telephone number of China Life Insurance "955 19" and submit an application for surrender. When surrendering, you must first submit an application for surrender to China Life Insurance, explaining the reasons for surrender and when to start surrendering, and sign or affix the official seal.

2 explain the reasons and time of surrender to the insurance company, and submit the surrender materials according to the requirements of the insurance company.

3. After reviewing the application for surrender, China Life will issue a surrender approval form, which will indicate the surrender time and amount, and recover the policy at the same time.

4. The surrenders can hold the surrender approval form and ID card to China Life Insurance to receive the refundable insurance premium.

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How to handle life insurance surrender

Application for surrender process

1. Go to the customer service center in person.

① Application for termination of insurance contract

② Identity card of the insured.

(3) A copy of the personal bank settlement account passbook with the insured as the account name.

④ Insurance policy

2. Entrust others to the customer service center.

① Application for termination of insurance contract

② Power of attorney

③ Identity documents of the insured.

(4) the identity certificate of the agent.

⑤ Copy of personal bank settlement account passbook with the insured as the account name.

⑥ Insurance policy

3. Telephone processing

Consumers can call 955 19 customer service to surrender.

Second, the application for surrender materials

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. Identity of the insured.

4, entrust others to handle, should provide the applicant's power of attorney, the client's ID card.

Extended data:

Matters needing attention in applying for surrender

1. If you can't receive the insurance policy in time due to special circumstances, you'd better inform the insurance company in advance. Secondly, after receiving the policy, you must fill in the policy receipt in person and indicate the date.

2. If the last day of the hesitation period falls on a holiday, most companies can postpone it to the first working day after the holiday.

3. The insured must read the insurance clauses carefully. If you don't know enough about yourself or understand the contents incorrectly, you should ask the agent in time to avoid accidental insurance.

4. CIRC requires all insurance companies to pay a 100% telephone call back to customers who have purchased investment-linked insurance and dividend insurance, and make telephone recordings. The applicant and the insured should seize this opportunity to verify the rights and interests learned from the agent by telephone with the return visitors, so as to ensure that the contract can meet the needs and provide a proper and thoughtful guarantee for themselves and their families.

5. The applicant does not need any reason to surrender, but must apply to the insurance company in written form, and the oral request is invalid.

6. 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.

7. 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.

Baidu encyclopedia-hesitation period

Baidu encyclopedia-surrender

How does China Life Insurance use app to surrender its insurance?

How to surrender on China Life app?

First, find the official APP of China Life Insurance on your mobile phone. The steps to terminate the policy are: open China Life APP, find "My" in the main interface of the APP, then find "My Policy" in "My", click on the product policy you previously insured, and then click "Details". At this point, we can view the complete insurance policy of this product. Finally, just click the "I want to surrender" button and follow the

What does life insurance need to surrender?

China Life does not have to surrender in person, but can also be handled directly by service personnel. \ \ x0d \ \ \ x0d \ \ surrender is divided into hesitant surrender and normal surrender. \ \ x0d \ \ \ x0d \ \ Surrender in hesitation period \ \ x0d \ \ Surrender in hesitation period means that the insured surrenders within the hesitation period stipulated in the contract. General insurance companies stipulate that ten days after the insured receives the policy is the hesitation period. Usually the insurance company will refund the full premium after deducting the production cost. \ \ x0d \ \ x0d \ \ Normal surrender \ \ x0d \ \ x0d \ \ Surrender beyond the hesitation period is regarded as normal surrender. Usually, the insurance policy that has obtained the insurance premium may not apply for surrender. Normal surrender generally requires that the applicant can apply for termination after a certain period of time, and the life insurance company should refund the cash value of the policy within 30 days from the date of receiving the application. The cash value of a policy refers to the amount that can be returned when the life insurance contract is terminated or surrendered. \ \ x0d \ \ \ x0d \ \ In an insurance contract, an insurance company usually needs to deposit a certain amount of liability reserve in order to fulfill its contractual obligations. When the insured requests to cancel the contract or surrender the insurance due to the insurance validity period, the insurance company will return the deposited liability reserve minus the balance after cancellation of deduction, which is the cash value of the policy.

How to refund China Life?

China Life can surrender. The insured brings the insurance policy, ID card and bank card to the customer service center of the insurance company to surrender. \ \ x0d \ \ x0d \ \ Surrender in hesitation period \ \ x0d \ \ Surrender in hesitation period means that the insured surrenders within the hesitation period agreed in the contract. General insurance companies stipulate that ten days after the insured receives the policy is the hesitation period. Usually the insurance company will refund the full premium after deducting the production cost. \ \ x0d \ \ x0d \ \ Normal surrender \ \ x0d \ \ Surrender beyond the hesitation period is regarded as normal surrender. Normal surrender generally requires the applicant to apply for termination, and the life insurance company shall refund the cash value of the policy within 30 days from the date of receiving the application. The cash value of a policy refers to the amount that can be returned when the life insurance contract is terminated or surrendered. In long-term life insurance contracts, insurance companies usually need to deposit a certain amount of liability reserve in order to fulfill their contractual responsibilities. When the insured requests to cancel the contract or surrender the insurance for reasons within the insurance validity period, the insurance company will return the balance of the deposited liability reserve minus the deduction for cancellation to the insured according to the regulations, which is the cash value of the policy.

How can China Life get a full refund?

China Life's full refund is as follows:

1. The China life insurance company insured is in a hesitant period. If it surrenders, it can refund the premium paid without loss;

2. If you surrender after the hesitation period, you can only return it according to the cash value. Only when there are obvious violations such as misleading by the salesman and signing on his behalf can the full refund be made. Of course, this also needs clear evidence to prove.

Of course, China Life can get a full refund. Surrender is simply to terminate the policy contract and cancel the insurance liability provided by the insurance company for the insured. Note that complete surrender is conditional. Not all cases can apply for full surrender. If it does not meet the requirements, the insurance company will not accept it.

First, the conditions for surrender.

1, the insurance company pays the corresponding insurance premium as agreed;

2. The guarantee expires, and the normal guarantee expires. At this time, the insurance company will not accept the applicant's application for surrender.

Second, surrender characteristics

Refers to the behavior of any party to the contract to announce the dissolution of the insurance contract and cancel the insurance policy in the middle of the validity period of the insurance policy. Under normal circumstances, non-life insurance term insurance policies have clauses to terminate the insurance contract, stipulating the conditions for either party to cancel the insurance policy before the expiration of the term, so as to safeguard their respective interests from being damaged by the continuation of the insurance contract. After surrender, the corresponding insurance premium shall be refunded. If the insurance policy is surrendered before it takes effect, the insured can recover all the insurance premiums in principle, but the insurer also has the right to charge the minimum insurance premium. If the insurer requests to terminate the contract, the unexpired premium shall be calculated on a daily basis and returned to the insured.

Third, the surrender process

1. Those who surrender must first call the commercial insurance customer service hotline insured by the insured or apply for surrender at the customer service center of the local insurance company;

2. Prepare surrender materials;

3 surrender to the required materials to the major insurance service outlets for surrender procedures. Before surrendering, the insured should fill in the Application Form for Termination of Contract, submit the insurance contract and the legal identity certificate of the insured, and at the same time, the insurance company will take back the surrender policy, and then pay the surrender money to the bank card account of the insured at the agreed time. General funds will arrive in 3-5 working days, when consumers can pay attention.