Litigation preservation insurance can be surrendered

Legal analysis: insurance has begun to accept, can no longer surrender.

The hesitation period, also known as the cooling-off period, certain establishment of the hesitation period of insurance, the policyholder receives the insurance contract and signed in writing after a period of time, during which the policyholder can make an application to terminate the insurance contract, the insurer deducts the cost of the work and then return the premiums paid. Generally, it is 10 days. However, for investment-linked insurance, if the asset value of the investment account decreases during this period, the decrease will be borne by the policyholder.

Legal basis: The People's Republic of China*** and the National Code

Article 562 The parties may rescind the contract by consensus. The parties may agree on the reasons for one of the parties to rescind the contract. When the cause for rescission occurs, the rescuer may rescind the contract.

Article 563 The parties may rescind the contract under any of the following circumstances: (1) when the purpose of the contract cannot be realized due to force majeure; (2) when one of the parties expressly indicates or shows by its own conduct that it will not perform the main debt before the expiration of the period of time for performance; (3) when one of the parties delays in the performance of the main debt and fails to perform it after being reminded to do so within a reasonable period of time; (4) when the parties One of the parties delays the performance of the debt or has other defaults that make it impossible to realize the purpose of the contract; (e) Other cases stipulated by law. In the case of an indefinite contract with a continuing debt, the parties may terminate the contract at any time, but they should notify the other party before a reasonable period of time.