Surrender refers to the act of the policyholder choosing to terminate the contract early and apply for a refund of the insurance premium during the term of the insurance contract. Surrender is a common insurance operation, but many people are unclear about what documents they need to prepare when they surrender their policy. Let's take a look at some of the necessary materials required for surrender.
1.Insurance Contract: When you surrender your policy, you first need to prepare an insurance contract. An insurance contract is an agreement between an insurance company and a policyholder that contains the rights and obligations of both parties. At the time of surrender, the original or a copy of the insurance contract must be provided as the basis for the surrender application.
2.Surrender Application: The Surrender Application Form is an official document for surrendering the policy, which requires detailed information such as personal information, insurance contract information, and the reason for surrender. The policyholder shall truthfully fill in the surrender application form and sign for confirmation.
3.Proof of identity: Valid identification documents such as ID card, passport, etc. are required when surrendering the policy. Proof of identity is an important basis for insurance companies to confirm the identity information of the policyholder.
4.Bank card information: The surrender money will generally be refunded to the policyholder by bank transfer. Therefore, it is necessary to provide personal bank card information, including the bank account, bank card number, etc., when surrendering the policy.
5.Surrender fee: Some insurance contracts stipulate a surrender fee, which requires the policyholder to pay a certain fee at the time of surrender. The specific amount of the surrender fee can be checked through the insurance contract or the insurance company's official **.
6.Other relevant materials: Depending on the requirements of the specific insurance contract, other relevant materials may also be required, such as medical reimbursement documents, claim applications, etc., may be required for the surrender of medical insurance.
It should be noted that different insurance companies and different insurance products may have different documents required for surrender. Therefore, before surrendering the policy, it is best to read the surrender clause in the insurance contract carefully to understand the specific surrender requirements.
To sum up, the materials required for surrender mainly include the insurance contract, surrender application, identity certificate, bank card information, surrender fee and other relevant materials. The policyholder should prepare all these materials before surrendering the policy, and apply for surrender in accordance with the requirements of the insurance company. The smooth progress of the surrender process requires the active cooperation of the policyholder and the provision of accurate and complete materials so that the insurance company can process the surrender request in a timely manner.