You didn't receive the text message until you paid the insurance premium. Can you cancel the bill? How to quit

If you surrender early after the insurance hesitation period, there is a certain risk of loss. Unless you encounter great economic difficulties and pay premiums becomes a great burden, it is best not to choose to surrender. Usually, after the insurance hesitation period, the insurance company will refund the cash value of the policy. The cash value of a policy is usually lower than the premium paid.

What is returned when you surrender is the cash value, which is the amount that the insurance company should return to you when you request to cancel the contract or surrender. Cash value of the policy = premium paid by the insured-amount shared by the insurance company's management expenses on the policy-commission paid by the insurance company to the salesman due to the policy-pure premium required by the insurance company to assume the insurance responsibility of the policy+interest generated by the residual premium.

As for how much cash value you can get or how much you lose after surrender, that's according to your insurance contract. I suggest you read the relevant contents of the terms of surrender or rescission of the insurance contract in detail, or consult the relevant customer service staff of the insurance company.

If the funds are tight and you can't support the policy temporarily, you can choose:

1. You can choose to pledge the loan to the insurance company with the policy. The amount shall be converted according to the cash value of the policy, and the maximum amount shall not exceed the cash value of the policy. The specific proportion varies from insurance company to insurance company, but it is generally set at around 70%.

2. Use grace period to postpone payment for 60 days. For most long-term life insurance products, insurance companies allow a grace period for payment.

3. You can enjoy the protection of relief if you pay off the relief. When the applicant is in financial difficulties, he can use the premium he has paid to reduce the insured amount, and he can still enjoy the protection without paying any premium.