Can BOC Ctrip domestic travel insurance be refunded if it is not effective?

Ctrip agents sell many insurances and cannot be generalized. To purchase insurance, you must sign a contract. The insurance purchased on Ctrip has an electronic contract. Whether and how to refund is subject to the contract.

If the policy is surrendered midway, the insurance company will generally handle the surrender procedures within 30 days after the application is made, and the policy will be refunded according to the cash value. The method for calculating the cash value is specified in the contract.

The cash value of the policy = the premium paid by the policyholder - the amount of the insurance company's administrative expenses allocated to the policy - the commission paid by the insurance company to the salesperson for the policy - the insurance company has borne the The pure premium required for the insurance liability of the policy + the interest earned on the remaining premium.

Extended reading: How to buy insurance, which one is better, and step-by-step instructions to avoid these "pitfalls" of insurance