The insurance company cheated me with bait. Can the insurance law support me to refund the premium I have paid and compensate me for my losses?

If the insurance company cheats, you have the right to demand the termination of the contract and compensate for the losses. The legal basis is stipulated in Article 52 of the Contract Law. In any of the following circumstances, the contract is invalid:

(1) One party enters into a contract by means of fraud or coercion, which harms the interests of the state;

(2) Malicious collusion that harms the interests of the state, the collective or a third party;

(3) Covering up illegal purposes in a legal form;

(4) damaging the public interest;

(5) Violating the mandatory provisions of laws and administrative regulations.

Article 58 stipulates that after a contract is invalid or cancelled, the property acquired as a result of the contract shall be returned; If it is impossible or unnecessary to return it, it shall be compensated at a discount. The party at fault shall compensate the other party for the losses suffered as a result. If both parties are at fault, they shall bear their respective responsibilities.