What does the policy value of China Ping An mean?

The cash value of a policy refers to the value of a life insurance policy with the nature of savings. Insurance companies usually deposit liability reserve to fulfill their contractual obligations. If they surrender midway, the liability reserve of the policy will be used as a refund for compensation and termination. The amount that the life insurance company should refund when the insured requests to cancel the contract or surrender.

Each policy contract has one or two pages of the cash value table of the policy, corresponding to the cash value of the policy year. If in doubt, you can contact the salesman or the official customer service of the underwriting insurance company for consultation.

Tips: The above information is for reference only, subject to the information officially released by the insurance company.

Reply time: 202 1-06-30. Please refer to the latest business changes announced by Ping An Bank in official website.

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