Traditional Culture Encyclopedia - Hotel accommodation - Where can I surrender my insurance? What is this?

Where can I surrender my insurance? What is this?

Commercial insurance can also be divided into consumption type and return type according to premium. Of course, there are other categories, such as dividend insurance, investment-linked insurance and so on. Consumer insurance: Simply put, it's like buying consumer goods. Finally, it is consumption, not return, just to buy peace, but of course we don't want anything to happen. This is the best. General consumer insurance costs are not very high. Savings insurance: it is the kind of insurance that we often say can be surrendered, that is, it is returned safely and healthily when it expires, but it is not consumed. Some refund types only return the amount you paid, while others provide value-added funds in addition to the premium paid.

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