Category: Insurance tips Release Date: 2006-08-01
Insurance experts have warned that the insured novice to buy insurance at the signing, we should pay special attention to five very crucial time for the node.
Insurance hesitation period: 10 days Generally, the customer 10 days after receipt of the policy is an important "hesitation period", policyholders can take advantage of this period of time, carefully read the policy, make up its mind the final determination, Paul, or one day. Once the insurance, then pay premiums longer than the period and, if life for decades, if the Japanese surrender after the half-way, to bear a greater loss.
Contributions grace period: 60 days to pay the premium for the phases, such as the insured is not due to pay premiums from insurance policies to pay the date set forth in the next day grace period of 60 days. Occurrence of insured event within the grace period, insurance companies assume the insurance responsibility, but from the insurance premiums paid by policyholders to deduct the outstanding premiums and interest.
Wait and see period: 3 months or six months, the insured to purchase health insurance class, we must carefully understand the scope of responsibility of insurance, such as the vast majority of insurance companies are on the hospital medical insurance provides a wait and see period, wait and see period generally refers the date of the contract entered into force 90 days or 180 days a year. Waiting to see the medical expenses that occurred during the period, the insurance company is not responsible for payment.
Payment watershed: 1-year sector, if the insured to buy a certain number of years of regular life, if the insurance contract came into force in the year due to illnesses caused death or high-residue, only available to the insured amount is equivalent to 10% of the insurance payment, as well as paid insurance premiums, liability insurance terminated.
Best surrender period: 2 years after the life insurance policy-holders to make it clear, and decided to surrender, then it's best to pay the full premium in the two years after the. Because it did not pay the full two-year premiums, the insurance company to deduct a large percentage of the cost. There is an idea the industry, such as two years, surrender, then the insured economic losses, nearly all of the premium paid by installments, or a barge to pay premiums of 30%.
