After paying the insurance for many years, I don't want to continue to pay, but I don't know if we can get money after surrendering, so do we have to surrender the insurance, and whether we can get the premium ourselves after surrendering, this question has always troubled us. In fact, whether you can get money for surrendering the insurance and how much money you can get depends on what insurance you buy. Some policies you can't get a dime after surrendering, while some policies can get back the full premium, or even increase the premium slightly.

Which insurance cannot get the premium after surrendering？

As long as the policy has no cash value, then surrender will not get a penny. For example: cargo insurance, travel accident insurance, air transport insurance, etc.The more common types of insurance are some medical insurance and accident insurance, which are generally paid once a year and paid for one year. The insurance bought on the market, such as: millions of medical treatment for hundreds of yuan a year, accident insurance for tens of yuan, etc., are surrendered and cannot be surrendered.So if you buy these insurances, don't think about surrendering, you just need to stop paying the next time you pay the premium, so that you can enjoy protection for a period of time.

Which insurance surrenders can get money?

As long as there is no money to take when the insurance has no cash value is surrendered, if the policy we buy has cash value and there is a cash value table on the policy, then we can get money when surrendering.

There are actually many insurance plans with cash value, mainly including:

Insurance products of a financial nature

In fact, many insurance products are designed to allow more people to insure, or attach the nature of financial management. Whether it is a two-way insurance, annuity insurance, dividend insurance or some other return-type insurance, as long as it is a return-type insurance, it basically has cash value, and these insurances can get money when they surrender the policy.

Long-term accident insurance

In addition to the annual accident insurance, there are also many insurance companies that will design some long-term accident insurance, which can cover up to 20 or even 30 years, and when this time is reached, the premiums we pay will be refunded, or a certain proportion will be returned.This long-term return type accident insurance also has cash value, as long as we do not have insurance during the protection period and the insurance contract does not end, then we can also get a sum of money when surrendering.

Critical illness insurance

Critical illness insurance is expensive and takes more than ten or even twenty or thirty years to pay, and if you don't have insurance you can only get a sum of money when the insured person dies. However, critical illness insurance is better protected and it has a cash value, so no matter how many years are lost, you can get the money if you surrender the policy, but this will not be too much.

（Writer：Laurro）