How to stop paying individual endowment insurance

The method of stopping paying individual endowment insurance premium is:

1, go to the social security bureau to handle it.

If you pay endowment insurance in the company, you can go directly to the company's personnel department or social security bureau to stop paying. When handling, you need to provide ID cards, social security cards and other related documents, and fill out the application form for stopping payment. After successful processing, the Social Security Bureau will stop paying the old-age insurance for you and feed back the relevant information to your unit.

2. Online processing

If you are an individual industrial and commercial household or a freelancer, you can stop paying through the website of the Social Security Bureau or the mobile phone PP, and the specific operation steps are as follows

(1) Log on to the website of Social Security Bureau or mobile phone PP and enter the "Personal Center" page.

(2) Select the function of "Stop paying endowment insurance", fill in relevant information and submit the application.

(3) It generally takes 3-5 working days to wait for the audit results.

(4) After the approval, the Social Security Bureau will stop paying the endowment insurance for you and feed back the relevant information to you.

Prerequisites for stopping payment of endowment insurance

Stop paying endowment insurance premiums need to meet the following conditions

1, and the old-age insurance premium has been paid continuously for 6 months.

2, has reached the age of 60 or meet the conditions for early retirement.

3, did not enjoy the pension insurance benefits.

Those who meet the above conditions can stop paying endowment insurance.

In a word, terminating individual endowment insurance is a decision that needs careful consideration. Individuals should fully understand the provisions and effects of termination before the termination of insurance, and make reasonable decisions according to their own circumstances.

Legal basis:

People's Republic of China (PRC) social insurance law

second

The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to get material help from the state and society in accordance with the law when they are old, sick, injured, unemployed and have children.

Article 4

Employers and individuals in People's Republic of China (PRC) pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights records, and require social insurance agencies to provide social insurance consultation and other related services. Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.