What is the procedure for transferring the endowment insurance from one factory to another?

Industrial injury insurance cannot be directly transferred, but social security can be transferred.

Industrial injury insurance is to protect employees from industrial accidents during the insurance period, which means that if they are insured this month, they will be insured this month. There is no direct relationship with the months before and after, so there is no transfer.

There are two types of social security transfer. One is that in the overall planning area, after the original company stops paying social security, it can pay social security directly in the new company for accumulation. There is no need to go through other formalities. The other is that the new company needs to handle social security transfer outside the overall planning area.

Social security transfer in different places:

(1) After the insured establishes the basic old-age insurance relationship in the new employment place and pays the fees according to the regulations, the employer or the insured shall submit a written application for the transfer and continuation of the basic old-age insurance relationship to the social security agency in the new employment place.

(2) The social security agency of the newly insured place shall, within 15 working days, review the application for transfer and continuation, send an acceptance letter to the social security agency where the insured person's original basic old-age insurance relationship is located, and provide relevant information; Do not meet the transfer conditions, make a written explanation to the applicant or the insured.

(3) The social security agency where the original basic old-age insurance relationship is located shall handle all the transfer and connection procedures within 15 working days after receiving the acceptance letter.

(4) After the new insurance agency receives the basic old-age insurance relationship and funds transferred by the social security agency where the original basic old-age insurance relationship of the insured person is located, it shall complete the relevant procedures within 15 working days, and notify the employer or the insured person of the confirmation in time.

(5) Accumulated calculation of the payment period of the old-age insurance, and there is a gap in the middle, which can be supplemented or not.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.