This kind of insurance is guaranteed for life. When the so-called expiration date is a life-long death, there has been no serious illness during the protection period. Death is a claim for the insured amount. If you want to take money, it is actually equivalent to surrender. First of all, the insurance is gone. Secondly, it is not the principal, but the cash value of the policy. When the principal can be returned depends on the cash value of the policy.
Extended data:
Precautions:
1. Pay attention to protection. During the insurance period, special attention should be paid to the collection method, product attributes and dividends. Dividends are uncertain. Just look at the mid-range bonus in the interest calculation table.
2. According to your existing security level and economic strength, choose insurance products that suit your needs. Most life insurance products have a long term.
3. If you need to pay the premium by installments, fully consider whether you have enough stable financial resources to pay the premium for a long time. Failure to pay the premium on time may affect your rights and interests. It is recommended to use non-cash methods such as bank transfer to pay premiums.
4. If the insurance contract is terminated after the hesitation period, there will be some losses. The insurance company shall return the cash value of the insurance policy according to the contract within 30 days from the date of receiving the notice of termination (the cash value table is attached to the formal insurance contract, and if in doubt, the insurance company may be required to explain).
5. If you choose to buy investment-linked insurance products, you should know the deduction of investment-linked insurance in detail, including initial cost, bid-ask price difference, death risk insurance premium, policy management fee, asset management fee, handling fee and refund premium.
Baidu Encyclopedia-Xinhua Life Insurance
New China Life official website-Healthy Worry-Free C