How long is the insurance valid?

The effective time of insurance is determined according to the actual insurance types and insurance company regulations. Under normal circumstances, the consumer accident insurance of each insurance company will take effect from 0: 00 the day after the contract is signed. The waiting period for health insurance is 30- 180 days. For example, the waiting period of Taikang E Shun Children's Critical Illness Insurance is 60 days; Critical illness insurance, safe children, waiting period for critical illness of 30 days, hospitalization medical allowance and hospitalization surgery medical allowance, and cancer hospitalization medical allowance of 90 days. Regarding the effective time of life insurance, the Insurance Law stipulates: "If the applicant explicitly requests insurance and the insurer is willing to underwrite it, the insurance contract is established. The insurer shall issue an insurance policy or other insurance certificate to the applicant in time. An insurance policy or other insurance certificate shall specify the contents of the contract agreed by both parties. The parties may also agree to stipulate the contents of the contract in other written forms. An insurance contract established in accordance with the law shall take effect upon its establishment. The applicant and the insurer may agree on the conditions or time limit for the contract to take effect. " Effective date of travel insurance, the insured can choose the effective date of the insurance policy independently. For example, Miss Wang traveled abroad on June 65438+1 October 1, and bought outbound travel insurance on September 20th, so Miss Wang set the effective date of the policy as June 65438+1October/. When health insurance takes effect, it usually has an observation period and takes a long time to take effect. The observation period of general hospital medical insurance is usually 30 days to 90 days, and the long-term observation period in some critical illness insurance is likely to reach 90 days, 180 days or even 1 year. It must be reminded that during the observation period, even if there is an insurance accident, there is no way to get compensation. Insurance companies usually only return the premium of the insured.