According to reports, the hesitation period refers to a period of time within 10 days from the date when the insured receives the policy. The insured can unconditionally request the insurance company to refund the premium, and the insurance company shall not deduct any fees except the maximum cost of 10 yuan. However, for investment-linked insurance, if the asset value of the investment account decreases during this period, the reduced part shall be borne by the insured. However, many insurance agents often avoid the insured's right to inform when selling insurance, including the "hesitation period". After the customer asks for surrender, some insurance agents use the excuse that surrender procedures are too cumbersome; Some even proposed to deduct some fees.
The Measures for the Administration of Health Insurance is equivalent to clarifying this practice in the form of legal provisions, which is of great benefit to the vast number of policyholders. In view of the problem that some policyholders can't make good use of the "hesitation period", the relevant person in charge of Shenzhen Insurance Industry Association put forward the following suggestions: after receiving the policy, the policyholder must fill in the policy receipt in person, because the insurance company's identification of the "hesitation period" is based on the date of receipt; At the same time, the insured should negotiate with the insurance company to change or surrender the insurance as soon as possible during the "hesitation period" to avoid unnecessary losses.
Label: insurance products