The current ** is really hateful! Have you ever heard of a full surrender? After consumers buy insurance, there is generally a hesitation period of 10 days to 15 days, during which consumers can surrender the policy in full, which is a normal consumer behavior. However, these illegal ** surrender institutions illegally make profits in the name of full surrender, and lure consumers to call Ping An Life's rights protection service ** to complain and report to the insurance institution by slandering insurance products and promising higher returns, so as to achieve the purpose of surrender. Consumers who surrender their insurance policies may face risks such as loss of funds and leakage of personal information.
There are also some criminals who specialize in targeting people with pension insurance, taking advantage of people's greed for small and cheap psychology, and letting them surrender their insurance to buy other higher-yield products. There are a lot of people who believe it and are blinded by the promise of high returns. Once the policy is maliciously surrendered, it will not only lose the protection it deserves, but also may affect the purchase of insurance in the future. Not to mention the high handling fee, even the money surrendered may be lost and invested in some inexplicable product.
After gaining the trust of consumers, unscrupulous intermediaries usually ask for sensitive information such as consumers' personal identity information, mailing addresses, and bank card accounts on the grounds of calling Ping An Life's rights protection service** to facilitate complaints. Unscrupulous intermediary organizations are on the edge of the law and will not safely and effectively store the sensitive consumer information they collect, and some unscrupulous intermediaries even maliciously resell consumers' personal information and use consumer information to apply for small loans.
In September 2019, Ms. Wang, a customer of Ping An, purchased an insurance product, and in 21 years, she felt a lot of pressure to pay for personal financial reasons and wanted to surrender the insurance to reduce her losses. At this time, Ms. Wang met a "first-class surrender agency" and promised to help her surrender the insurance in full, only to pay a certain handling fee. Miss Wang was moved and signed a ** surrender agreement with the institution. During the surrender process, Ms. Wang found that things were not as simple as she imagined. First of all, the agency asked Ms. Wang to provide a large amount of personal information and details of the insurance contract. Secondly, when communicating with Ping An Insurance Company, the ** institution adopted a tough attitude, and even threatened Ping An Insurance Company to surrender the insurance policy in full. Although Ms. Wang successfully surrendered the policy, she found that the handling fee she had to pay was much higher than expected, and because of the surrender, she lost her original insurance protection, and she regretted it.
Consumers should raise their awareness of personal information protection, properly keep their personal identity and financial information, and do not transfer their ID cards, bank cards and other documents to others. Unscrupulous intermediaries will also require consumers to pay high handling fees before customers surrender their insurance, or induce consumers to purchase illegal financial wealth management products after surrendering their insurance, or even induce consumers to participate in illegal fundraising, causing consumers to suffer significant losses of funds. In this case, the client, Ms. Wang, was obviously instigated by the illegal "** surrender" agency to lodge a surrender claim, but she was not aware of the specific losses caused by her impulsive surrender.
From the perspective of insurance consumers, when we buy insurance, we must find out what the insurance "covers" and "what it does not cover", and whether it meets our actual needs. Don't listen to other people's claims of "full surrender" and recommend more "good quality and low price" products.
On the one hand, abnormal surrender will lead to the loss of insurance protection for consumers, and when they re-apply for insurance in the future, due to changes in age and health status, they may face the risk of recalculating the waiting period, premium** or even being denied; On the other hand, most of the surrender funds are lured to purchase "wealth management products", and the surrender funds are not guaranteed, which may be suspected of illegal fund-raising risks. Therefore, insurance consumers must keep their eyes open and be wary of such traps before calling Ping An Life's rights protection service **4001-666-333 to complain and surrender their policies.