Is life insurance a state-owned enterprise or a central enterprise? How can I pay it back after one year?

Is a state-owned enterprise, applying for a refund from China PICC Life Insurance.

Life insurance is a life insurance with the life of the insured as the subject matter and the life and death of the insured as the premise of compensation. You can get a refund at any time. This product is a product of China People's Insurance Company. It is a product of death insurance plus annuity plus policy loan. In fact, it has two guaranteed benefits: death and annuity.

If we want to surrender, we must apply to China PICC Life Insurance Company for surrender. If we can do it ourselves, we can also entrust others to apply.

First of all, you can call the customer service hotline of China PICC Life Insurance Company to find out the detailed address and materials required for surrender.

Generally speaking, when surrendering, you must bring the following materials: the original ID card and its copy, the original insurance policy (not required if it is an electronic contract), the application for surrender and the copy and original of its savings card.

To authorize others to surrender, they must write another power of attorney and remind the client that they can only surrender if they bring their ID card.

Second, how much can life insurance be refunded during the flowering period?

This product is an annuity insurance product, so the cash value is still relatively rich. However, if you surrender in the first two years, because you still need to give the salesman a lot of commission, the cash value will not increase so fast and the loss will be greater.

Therefore, if you want to refund the money of this product, you can lose less. You need to consider returning the insurance after five years. Generally speaking, this product will be profitable in the second half of the payment. It's not too late for everyone to return the insurance at this time.

If you are practical, you can have a look at the cash value table of this policy, which is marked on it.