How to do half-way regret buying insurance Insurance Tips

Category: Insurance tips Release Date: 2006-08-01

Bought the insurance, midway regret customers tend to select only surrender the majority of this road, so losses can only be Zirendaomei. To industry sources, in fact, regret it when the customer bought the insurance, as long as the full use of the rights conferred by the insurance provisions and obligations, to choose their own way, you can reduce losses to a minimum.

1, if a customer bought the insurance you'll regret it, can the policy of 10 days "hesitation period" full and unconditional surrender, the customer will not be any loss.

Second, if the customer in cash due to an interim Jiyong regret when taking out policies by policy loans to meet their urgent needs. Such loans (typically two years after the insured) is the amount by the policy's cash value discounted, usually 70%, companies vary the loan period is for 6 months.

Third, when customers are unable to maintain the existing fee levels, can also reduce the amount paid and to reduce the sum insured to resolve.

Be noted that the above three kinds of ways the biggest loss is the last kind. Minus the amount paid is the cash value of insurance contracts will deduct unpaid premiums and interest on borrowings and interest on the balance of the premium as a lump sum in order to reduce the amount of insurance the same conditions, the customer held the policy to continue to effective; to reduce the sum insured is actually part of the surrender, the insurance company refunded the corresponding cash value, but customers would be protected somewhat lower than the original amount, the policy can remain in force.