How long will it take for the money to arrive after Ping An Insurance surrenders? How long will it take for the money to arrive?

Generally, it only takes 3-5 working days to receive the premium refunded by the insurance company. Even in some complicated cases, the insurance company will complete the premium payment within 30 working days. When we apply for surrender, we often pay for the premium we can get from surrender, so when the money will arrive is also our concern. Of course, as long as our insurance policy and all kinds of surrender information are true and valid, and there is no claim during the insurance period, the general surrender application will be successfully completed. However, after submitting the application for surrender, that is, after the insurance company receives the application for surrender from the consumer, the insurance product will lose its effectiveness.

When we surrender, we can refund different premiums according to different situations, so if we want to refund more premiums, we must choose the right period.

1. First of all, we can pay the surrender premium within the hesitation period of the insurance contract. During this period, no matter how much premium we pay, the insurance company needs to pay the surrender premium in full, and deduct the fee of 10 yuan at most, so this is the most cost-effective.

2. If you don't surrender during the hesitation period, we can also check the subsequent changes in the value of the policy. If the policy value will be higher in a certain period of time, we can also choose to surrender at that time. If the policy value is higher, you will get more premium if you surrender, which may exceed the premium paid.

(1) The premium purchase budget is too high.

It is generally recommended to use the annual balance of 10%~20% as the premium budget. Beyond this limit, family life will be difficult, let alone guaranteed. It is unreasonable that children's insurance premium accounts for 30% and adults' insurance premium accounts for 10%. Buying insurance must first protect adults, in fact, children and the elderly. This kind of insurance structure is unreasonable, so it is recommended to return it and replace it with other products with lower premiums.

(2) I bought the wrong product

Buying the wrong product is actually divided into two situations. One is a product that we bought casually and had no clear demand. The other is the wrong product that the agent misleads to buy. The allocation of family insurance must be based on financial management.

(3) Double insurance

Because I don't know much about insurance, I think the more insurance I buy, the better. In fact, medical insurance is a kind of reimbursement. No matter how many copies you buy, you can only reimburse one. The rest of the excess insurance had better be returned. It should also be noted that according to the regulations of the China Banking Regulatory Commission, the amount of death insurance for minors under the age of 10 shall not exceed 200,000; If 10 exceeds 18, the amount of death insurance shall not exceed 500,000. Parents should never buy more.