Consumer insurance implies automatic renewal provision

Wanted to buy insurance for a year only, but still be after expiration the insurance company premiums directly from the bank card, was to renew for another year, wanted to continue to insure, but after the audit is to the insured by an insurance company refused to renew the health risks are too high for a. Recently, about consumer short term medical insurance renewal reports to break out of the terms are reasonable. What is compliance or the provisions of the King, controversial. The economic information daily, a reporter found that most currently on the market of health insurance, accident insurance, consumer insurance if remit account through a bank card, will automatically renew after expiration; but if last year out of the insured risk, and the claim amount is large, insurance companies generally will be based on their health status underwriting again the following year, does not meet underwriting criteria, will refused to renew. 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"Renewal" and "denied" there last year, who lives in Beijing at the end of April, an insurance company for her daughter to buy a consumer-children's health insurance, protection for a period of 1 year premium $ 491 for bank card remit account deductions in the form. Very few because of chuxian, he did not intend to proceed with your purchase of this year, but was still on the bank card cross out the $ 491, query was informed that payment purposes is used to purchase such insurance, that he was very surprised, "insurance contracts had expired, and I did not apply for renewal, why do we have to buckle? "Mr LEE helpless" renewal "is the opposite happened, Ms Zhang wants to renewal has also been shut from insurance companies. In 2006, Ms Zhang bought an insurance company old-age insurance, additional medical insurance, premiums to take years to pay. In previous years, insurance companies will send payment notification as a reminder to her in time, Ms Zhang has been arranging payment. Last year, Ms Zhang from treatment for hypertension, spent more than 6,000 million, mostly paid by the insurance company. However, when you pay this year, Ms Zhang found insurance companies go home insurance premiums, and additional medical insurance has been terminated. "Additional insurance premiums simply pay hundreds of dollars a year, get high pay, is as bullish on the price to buy old-age insurance, as the main danger now, additional risks be terminated pension strategic place to wait until after the age of 60 have income, meaning little. "This completely puzzling, how insurance companies can in no case sought her advice, separate unlock additional insurance contract? Does not apply by default to renew the economic information daily, this reporter learned that, the current insurance market such "renewal" or "rejected", is not in the minority. According to the introduction of an insurance agent, insurance in the country can be divided into consumer type and return type, from the danger and planted, consumer insurance mainly for short-term medical insurance and accident insurance in two ways. "Many customers think that short term consumption risks if not taking the initiative to renew, the contract is automatically terminated. In fact, in most cases, individual policy if you do not have to apply for termination procedures, insurance companies will be regarded as willing to renew, up until the customer makes application in writing. In addition, product renewal will be set to the default behavior of the company, unless the consumer active contact requests cancellation of renewal prior to the expiration. "Such agent told reporters that most policyholders will usually leave a bank account on the policy, which is equivalent to autopay program accreditation, as long as the insurance expires, and if customers without going through the termination procedures, bank card will be automatically deducted fees. "Generally speaking, as long as the insured customer no claims or claims within the time limit but does not affect the underwriting, annual meeting of the next automatic renewal; if the insurance claims and effects to occur during the following year underwriting, the second year is not automatically renew. "Life in a nuclear further explained. However, in recent years as "automatic renewal" of controversial articles, some insurance companies have begun to reassess the policy design, such as asking the customer check the "auto renew" option. "In the insurance contract, we will express " Automatic renewal " clause and was sent to the client before the policy expires 30 days prompt message, if the customer does not complete the termination to renew procedure, after the commencement of the renewal, will also send a written notice to customers, multiple initiatives ensure that the interests of the customer. "A large life insurance company business Department domestic reporters to the economic information daily said. Need to pay attention to renew conditions however, although most companies on the market will automatically renew after expiration, "However, for the payment rate consideration, also on additional risks of insurance companies to renew setting certain conditions, especially for the yearly have been claims of more restrictive. "Pacific life insurance company Shanghai Branch Service Manager Feng Jialiang said. According to industry reports, the provisions of the measures for the administration of health insurance, short term health insurance refers to insurance period in a year and a year and do not contain guaranteed renewal provision of health insurance. Because the Statute did not promise guaranteed renewal, expiry of the insurance company shall be entitled to additional insurance contracts a year, according to the insured's health status and insurance underwriting decision rules. In the example above this treatment for hypertension, and heart disease, insurance companies that its already belongs to high risk patients, no longer meets the conditions of purchase short term health insurance, so refuse to cover. Some insurance companies underwriting departments in charge said to chuxian customers, to medical, hospitalization itself disease is serious, costs are reasonable. If you are serious diseases such as diabetes and severe hypertension, or found to have false information informed, even chuxian for the first time, it is also possible not to renew. In addition, there may be changes in the risk of the insured, such as changing work environment, but did not inform insurance companies contribute to the claims, insurance companies will refuse to renew. If it is a common disease, costs less, may still be in the coming year to renew, of course, the rate may be increased accordingly. On some high risk, or want to continue to insureCustomers, these large life insurance company business Department proposed to buy can ensure the renewal of the policy, so that their interests will have greater protection. "For instance, some comprehensive financial planning is the additional medical insurance and home insurance is bound together, automatically renew each year, there is no change in the Middle; others may bound for five or ten years, during which can automatically renew without underwriting. "Using private accounts to pay premiums for low risk tried, even against their will to renew, you raise the threshold on the high risk persons, or even simply turned away, the insurance company a similar" profiteers "approach for many people with indignation, but CCID Consulting Vice President Qin Hailin Dr, through a complex surface, insurance companies also have their own difficulties and speech difficulties. First of all, insurance is a full of "adverse selection", an example of medical insurance, voluntary insurance are many high risk customers, good people are not interested in it, which virtually destroyed the basic principle of insurance law of large numbers, increase insurance companies ' business risk. Therefore, from the perspective of its own survival and development, insurance companies want to improve low-risk customers, reducing the proportion of high risk customer practices can understand, this is also the General behavior of foreign insurance companies. Of course, on the design of specific articles can be further discussion and improvement, the language should also be more straightforward, easier for people to read and to understand. Secondly, China's insurance industry development is still in its early stages, many matching was not perfect, overall quality of the agent also needs to be raised. In a foreign country, if there is a similar event would hold agents accountable, because he has an obligation to actively advise the insured, to avoid disputes. Third, consumers should also be responsible for their own policy, the insured should see contract, carefully read the terms of insurance, confirm that the insurance clauses and insurance salesman in the explanation is consistent and in conformity with your needs, in particular, to clarify the insurance liability, releases, premium pay standards and issues such as mode of payment, the policy cash value. Qin Hailin remind the masses of the insured, because currently most short term medical insurance, accident insurance is automatic renewal is due, if do not want to renew, we must make written application to the insurance company. Otherwise, some insurance is automatically deducted to 60-65 years of age, until age beyond the scope of insurance. Insurance without providing payroll card account, it is best to do a special premium, the need for active deposit money bank card. If no money on the account, the insurance company over payment grace period still being detained is not successful, the policy will automatically terminate.