Ping an insurance has been paid for two years, can it be refunded?

1. How much can I get back from the insurance?

If you decide to surrender, then talk about how much insurance you can refund. First, we need to be clear about one thing. When we submitted the application for surrender, although the insurance company agreed to surrender, the insurance company would not return the premium to us, but only the "surrender value".

Because surrender is a unilateral breach of contract, after the signing of the policy, the cost of policy management has already occurred, including procedures, costs, security deductions and other expenses, which can not be recovered.

One thing to understand is that different types of insurance have different surrender values. Generally speaking, long-term insurance has a high surrender value, while many consumer insurances have no surrender value.

The early surrender value is very low, even if you surrender, you can only return to the insurance surrender value! Second, under what circumstances should surrender be considered?

Let's analyze in detail under what circumstances surrender should be considered:

Situation 1: I bought the wrong product.

For example, a classmate wanted to buy a life insurance product, but as a result, he bought a universal insurance because his homework was not in place. This situation is typical of buying the wrong product. For example, universal insurance is essentially consumer insurance. Simply put, insurance can only be guaranteed until the age of 60.

Situation 2: The insurance coverage is low.

Even if you buy the right insurance, there are still many pits waiting for you. If Dad A's budget for buying insurance for himself is 5,000 yuan, he may only buy life insurance with a coverage of10.5 million, so a good insurance manager suggests that this situation is not as good as buying consumer insurance with a coverage of 500,000 to 70 years old, because the most important thing to buy insurance is the coverage, and the coverage is too low to achieve the purpose of transferring our risks. First, until you are 70 years old. When the budget is sufficient in a few years, it will be good to add another insurance.

Situation 3: Take up too much budget.

For ordinary families, it is generally 5%-20% of their annual income to buy insurance, which is converted into1-50,000 yuan. On the basis of such a small budget, we must carefully ensure the insurance protection of parents, mothers and children.

Situation 4: Insurance is out of date.

Maybe everyone avoided the pit above, but with the upgrading of products, the insurance bought many years ago now seems completely uncompetitive, not because the insurance we bought at that time was not good, but because the insurance was outdated. ....

Situation 5: There is misleading sales behavior in the purchase process.

If the content of the insurance contract is different from what the salesman said, there is a big difference, and you are fooled or bought unnecessary insurance with little knowledge. At this time, you should consider turning yourself in. There are some situations in life where salespeople want to complete sales performance.