Ping An Insurance pays SMS reminder in advance.

Long-term insurance companies will automatically deduct money, but will send reminder messages to policyholders in advance. Some one-year accident insurance and medical insurance can be set at the time of insurance, and the insurance can be automatically renewed. If the deducted funds are not enough, the insurance company will also give the customer a buffer time. (1) Will Ping An Insurance automatically deduct the fee? Will automatically deduct money. Under normal circumstances, the deduction time of Ping An Insurance Company is the effective date of the policy. Ping An Insurance Company will send an early reminder message to the insured before deducting the fee, and there is a specific deduction time in the message. The insured can also log in to Ping 'an Gold Butler APP, contact online customer service and inquire about the specific deduction time. When signing the insurance contract, the insured authorizes Ping An Insurance Company to deduct the renewal premium. The insured only needs to make a deposit before the expiration date of the insurance premium, and Ping An Insurance Company will deduct it regularly during the payment period until the deduction is successful. The insured can check the specific time when the insurance contract expires in the short message and deposit sufficient funds into the debit card in time. If it is not deducted, the customer will be given a buffer time. (2) Agreement on the time of premium payment: 1. According to Article 36 of People's Republic of China (PRC) Insurance Law, the insurance premium is paid in installments as agreed in the contract. If the applicant fails to pay the current insurance premium for more than 30 days from the date of the insurer's demand, or fails to pay the current insurance premium for more than 60 days after the agreed period, the contract will be terminated, or the insurer will reduce the insurance amount according to the conditions agreed in the contract. 2. Ping An premium can be delayed for 60 days, and the insurance clause will stipulate that the policy has a grace period of 60 days. As long as the payment is completed within the grace period, the validity of the policy will not be affected. If it exceeds the limit, it will be suspended, and after the suspension of insurance, it will enter a two-year recovery period. Only when the effect is put forward will the effect be restored. In addition, there is no grace period for short-term insurance. In addition, if the premium of Ping An Auto Insurance is paid late, the insured vehicle will no longer enjoy protection. You will be out of danger after more than 90 days, and you can't enjoy the renewal discount. It is best to renew the insurance one month in advance. (3) Suggestions on insurance payment: Customers who purchase insurance should supervise their premium accounts to avoid insurance expiration. Failure to pay the insurance premium on time will lead to the termination and invalidation of the insurance contract, which will not only affect the stability of the insurance business, but also make all the guarantees for the insured disappear, which is unfavorable to both parties. Paying premiums on time can reduce a lot of unnecessary troubles.