1. How long does it take for vehicle insurance to be refunded?
The hesitation period within 10 days from the date of receipt of the insurance contract and signature on the receipt is generally 15 days for bank insurance channels. Refunding the principal during the hesitation period is similar to a full refund.
2. The insurance premium for the company vehicle has been deducted. Now I want to cancel the insurance. What should I do?
Bring the following information to the insurance company’s customer service center to handle surrender. The main materials for surrendering insurance include:
1. Application for surrendering insurance.
2. The original insurance policy. If the insurance policy is lost, a replacement must be issued in advance.
3. Insurance premium invoice.
4. Proof of identity of the insured. First, the vehicle’s insurance policy must be valid. Secondly, during the validity period of the insurance policy, if the vehicle has not reported a crime to the insurance company or made a claim, it can be surrendered. A vehicle that has received compensation from the insurance company cannot be surrendered; a vehicle that has only reported a crime to the insurance company but has not received compensation cannot be surrendered. The specific process is roughly as follows. When a car owner surrenders his insurance, he must first submit a surrender application to the insurance company, stating the reason for the surrender and when the surrender will begin. Sign or stamp it with an official seal, and submit it to the insurance company. To the business management department of the insurance company. After the insurance company reviews the surrender application, it will issue a surrender approval form, which will indicate the surrender time and the amount of the premium that should be surrendered, and at the same time withdraw the car insurance policy. The person who surrendered the policy can then go to the insurance company to collect the refunded insurance premium with the surrender approval form and ID card. The surrender premium is the insurance premium for the outstanding liability period since the date when the policyholder submits the surrender application, that is: surrender premium = premium (remaining effective days of the policy/total effective days of the policy)
3. Auto insurance Can I get a refund after buying it?
1. Can I get a refund after buying the car insurance? 1. Can I get a refund after buying the car insurance? As long as the car insurance you purchased is still within the insurance period and has not yet been out of danger, you can apply for surrender to the insurance company. Bring your ID card, original policy and other information directly to the insurance company's sales department to handle the surrender procedures. 2. Legal basis: Article 23 of the "Insurance Law of the People's Republic of China" After receiving the insured's or beneficiary's request for compensation or payment of insurance benefits, the insurer shall make a timely verification; in complex circumstances, it shall Approval shall be made within thirty days, unless otherwise stipulated in the contract. 2. Documents that should be brought when surrendering car insurance 1. Application for surrender: State the reason and time for surrender. If the owner of the car belongs to the company, it needs to be stamped, so it needs to be signed; 2. Insurance policy: the original is required. If the insurance If the car is lost, it needs to be replaced in advance; 3. Insurance premium invoice: Usually the original is required, sometimes a copy is also acceptable; 4. Proof of identity of the insured: if the car owner belongs to an organization, a business license is required, then an ID card is required. 5. Documents proving the reasons for surrender: (1) If the insurance is surrendered because the vehicle is scrapped, a scrapping certificate must be provided; (2) If the insurance is surrendered because the vehicle is resold to another person, a transfer certificate must be provided; (3) If the insurance is surrendered due to repeated insurance, , need to provide two duplicate insurance policies; (4) If you surrender the policy due to dissatisfaction with the insurance company, no confirmation is required.
4. Can I surrender the vehicle insurance after purchasing it?
One year of surrender will be counted as ten months, and any less than one month will be counted as one month
Withdrawal of insurance Process:
Submit a surrender application (state the reason for surrender and when to start surrender, sign or stamp it with official seal)
The insurance company will issue a surrender approval after review (The approval form indicates the surrender time and the amount of the premium that should be refunded, and the car insurance policy is recovered at the same time)
Collect the insurance premium that should be refunded (bring the surrender approval form and ID card to the financial department of the insurance company Collect)
Documents required for surrender:
1. Application for surrender.
2. The original insurance policy. If the insurance policy is lost, a replacement must be issued in advance.
3. Insurance premium invoice.
4. Proof of identity of the insured.
5. Documents proving the reasons for surrendering the insurance:
(1) If the insurance is surrendered because the vehicle is scrapped, a scrapping certificate is required; (2) If the insurance is surrendered because the vehicle is resold to another person, the insurance is required Provide transfer certificate; (3) If the policy is surrendered due to duplicate insurance, two duplicate insurance policies must be provided.
The surrendered vehicle must meet the following conditions:
1. The vehicle’s insurance policy must be within the validity period;
2. During the validity period of the policy, the vehicle Vehicles that have not reported a crime to the insurance company or made a claim can be surrendered. Vehicles that have received compensation from the insurance company cannot be surrendered. Vehicles that have only reported a crime to the insurance company but have not received compensation cannot also be surrendered.