First, after the insurance is successful, you can receive the money on the same day, but the audit takes two to three days.
The insurer has the right to tear up the insurance and the right to continue the insurance. They can choose to surrender their insurance according to their actual situation, or they can choose a new insurance world according to their actual needs. The insurance premium is valid from the first year of insurance. If you are willing not to renew the insurance, you can surrender it in the second year, but you will lose some expenses.
Two, surrender need to bear certain economic losses, no more than three days to repay the insurance money.
When insurance comes into effect, it is also the insured and the insurance company that determine the insurance relationship and assume legal obligations for each other. The insured needs to pay the insurance premium every year, and the insurance company needs to bear all the contents of the insurance contract. The insured may terminate the insurance contract in advance during the insurance contract period, but can no longer enjoy the insurance rights and interests, and the insurance company shall make compensation according to the insurance contract signed by the insured.
Generally, 90% or 80% of the economic bill is compensated, which is also part of the contract liquidated damages. If the insured successfully surrenders, he will receive the surrender money within three days at the latest.