Even if the payment is effective, it can be canceled because a formal insurance contract will be delivered to you after purchasing the insurance. At this time, you only need to sign the receipt and bring your ID card to the insurance company counter to process it. When surrendering the policy, all premiums will be refunded, with only a 10 yuan production fee deducted.

I hope my answer will help you understand the relevant knowledge about insurance hesitation period and surrender, thank you!