Can I get a refund for the social security I bought in the factory for one year?

1. The applicant should bring the insurance policy, ID card and bank card to the counter of the insurance company.

2. You can ask the salesman to handle it on your behalf, and the insured can sign it.

3. Surrender after the hesitation period is only the cash value of the policy.

4. The cash value of the policy is the balance after deducting the insurance expenses and the operating expenses of the insurance company.

There is a cash value list on the back of the policy.

6. The cash value in the first year is the surrender amount.

7. Pay the money within 3-7 working days after completion.

Legal basis: Article 13 of People's Republic of China (PRC) Insurance Law states that an insurance contract is established if the applicant requests insurance and the insurer agrees to underwrite it. 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 clarify the contents of the contract in other written forms.

An insurance contract established according to law shall take effect upon its establishment. The applicant and the insurer may agree on additional terms or time limit for the contract to take effect.