China Life Insurance 99 Hongfu Endowment Insurance Contract (hereinafter referred to as the Contract) consists of insurance policy, attached clauses, statements, opinions, approval forms, insurance application, reinstatement application, health statement and other written agreements related to the Contract. Article 2 Insurance coverage

Anyone who has been born for more than six months and is under 60 years old and in good health can be regarded as the insured. I or anyone who has an insurable interest in him can apply for this insurance from China Life Insurance Company (hereinafter referred to as the Company) as the insured. Article 3 Commencement of Insurance Liability

This contract shall come into effect as of the date when the company agrees to underwrite, collect the first premium and issue an insurance policy. Unless otherwise agreed, the effective date of this contract is the date when the Company begins to assume the insurance liability. Article 4 Period of insurance

The insurance period of this contract is from the effective date of this contract to the date of death of the insured. Article 5 Insurance liability

During the validity of this contract, the Company shall undertake the following insurance responsibilities:

1. The insured shall survive from the effective date of this contract to the effective date of every three years, and the Company shall pay the insurance premium at 6% of the insurance amount specified in the insurance policy.

2. If the insured dies, the Company will pay the death insurance money according to the insurance amount specified in the insurance policy, and this contract will be terminated. Article 6 Exemption from liability

The Company shall not be liable for the death of the insured due to the following circumstances:

1. Intentional behavior of the insured or beneficiary against the insured;

2. The insured intentionally commits a crime or resists arrest;

3. The insured smokes, smokes or injects drugs;

Four. The insured commits suicide within two years from the effective date (or reinstatement) of this contract;

Five, the insured drunk driving, driving without a valid driver's license, or driving a motor vehicle without a valid driver's license;

Six, the insured infected with HIV (HIV positive) or suffering from AIDS;

Seven. The insured dies of illness within 180 days from the effective date (or reinstatement date) of this contract;

8. War, military action, riot or armed rebellion;

Nine, nuclear explosion, nuclear radiation or nuclear pollution and diseases caused by it.

In any case, this contract will be terminated. If the applicant has paid the insurance premium for more than two years, the company will refund the cash value of this contract; If the insured fails to pay the insurance premium for two years, the company will refund the insurance premium after deducting the handling fee. Article 7 Insurance premium

The payment methods of insurance premiums are divided into batch payment, annual payment, semi-annual payment and monthly payment. The payment period of installment payment is divided into ten years and twenty years, which is chosen by the insured when insuring. Article 8 After the first payment, the insurance premium delivery, grace period and contract effectiveness shall be suspended.

If the insurance premium is paid by installments, the installment insurance premium after the first installment shall be paid to the Company in accordance with the following provisions:

1. The delivery date of the annual insurance premium is the corresponding date when this contract year takes effect;

2. The delivery date of the half-year premium is the corresponding date when the contract takes effect every six months;

3. The delivery date of monthly insurance premium shall be the corresponding date when this contract comes into effect every month.

If the applicant fails to pay the insurance premium according to the above stipulated date, the grace period is 60 days from the next day; In the event of an insurance accident within the grace period, the Company shall still bear the insurance liability; If the insurance premium is not paid within the grace period, this contract shall be suspended from the day after the expiration of the grace period. Article 9 Restoration of Contract Effectiveness

Within two years from the date of termination of this contract, the applicant can fill in the application form for reinstatement, and provide the health statement of the insured or the medical report issued by the medical institution designated or recognized by the company to apply for reinstatement of the contract. With the consent of our company, this contract will resume its effectiveness from the day after the insured pays the insurance premium and interest owed.

If both parties fail to reach an agreement within two years from the date of termination of this contract, the company has the right to terminate this contract. If the applicant has paid the insurance premium for more than two years, the company will refund the cash value of this contract; If the insured fails to pay the insurance premium for two years, the company will refund the insurance premium after deducting the handling fee. Article 10: Tell the truth.

When concluding this contract, the Company shall clearly explain the terms of this contract, especially the exemption clauses, and may make written inquiries to the applicant and the insured, and the applicant shall truthfully inform them. When restoring the effectiveness of this contract, the applicant shall truthfully inform the insured of his health at that time.

If the applicant intentionally conceals the facts, fails to fulfill the obligation of telling the truth, or fails to fulfill the obligation of telling the truth due to negligence, which is enough to affect the company's decision on whether to agree to underwrite or increase the insurance premium rate, the company has the right to terminate this contract.

If the applicant intentionally fails to fulfill the obligation of telling the truth, the company will not be responsible for paying the insurance premium or returning the insurance premium for the insurance accident that occurred before the termination of this contract. If the insured fails to fulfill the obligation of telling the truth due to negligence, which has a serious impact on the occurrence of the insured accident, the company will not be responsible for paying the insurance premium for the insured accident that occurred before the termination of this contract, but can refund the insurance premium. Article 11 designation and change of beneficiaries

The insured or the applicant may designate one or more persons as the beneficiaries of the death insurance. If there are several beneficiaries, the order and share of benefits can be determined; If the benefit share is not determined, the beneficiary shall enjoy the benefit right according to the equal share.

The insured or the applicant may change the beneficiary of the death insurance money, but it shall notify the Company in writing, which will take effect after the Company annotates the insurance policy.

When the applicant designates or changes the beneficiary, he must obtain the written consent of the insured.

The beneficiary of the survival insurance money is the insured himself, and the company does not accept other designations and changes. Article 12 Notice of Insurance Accident

The applicant, the insured or the beneficiary shall notify the Company in writing within 10 days from the date of knowing the occurrence of the insured accident, otherwise, except for the delay caused by force majeure, the additional survey expenses due to the notice delay shall be borne by the applicant, the insured or the beneficiary. Article 13 Application for insurance money

1. If the insured dies within the validity period of this contract, the beneficiary of the death insurance money is the insured, fill in the application for payment of insurance money, and submit the following certificates and materials:

1. Insurance contract and payment voucher of the latest premium;

2. The beneficiary's household registration certificate and identity certificate;

3. The death certificate of the insured issued by the public security department or the hospital at or above the county level (including the county level);

4. Certificate of cancellation of the insured's household registration;

5. Certificates and materials required by the Company to confirm the nature and cause of the insured accident.

2. During the validity period of this contract, the insured shall survive until the effective date of every three years. As the insured, the insured shall fill in the application for payment of insurance benefits and submit the following certificates and materials:

1, insurance contract and payment voucher of the latest premium;

2. The household registration certificate and identity certificate of the insured.

3. After receiving the applicant's application for payment of insurance benefits and the above-mentioned certificates and materials, the Company shall fulfill its obligation to pay insurance benefits within 10 days after reaching an agreement with the applicant on payment of insurance benefits; For those who do not belong to the insurance liability, the company will issue a notice of refusal to pay insurance money to the insured.

4. The right of the insured or beneficiary to request payment of insurance benefits from the Company shall be extinguished if he fails to exercise it for five years from the date when he becomes aware of the occurrence of the insured accident. Article 14 Borrowing money

During the validity period of this contract, if the contract has cash value at that time, the applicant may apply for a loan from the company in writing, but the maximum loan amount shall not exceed 70% of the balance of the cash value at that time of this contract after deducting unpaid insurance premium, loan and interest, and each loan period shall not exceed six months.

The loan and interest shall be repaid at the expiration of the loan term. If the loan fails to be repaid on schedule, all interest will be merged into the original loan amount, which will be regarded as re-borrowing.

When the cash value of this contract at that time is not enough to offset the unpaid insurance premium, loan and interest, the effectiveness of this contract shall be suspended. Article 15 Deduction of arrears

When the company pays the insurance premium and returns the cash value or insurance premium of this contract, if the insured has not paid the insurance premium or the policy loan has not been paid off, the company has the right to deduct the arrears and interest payable in advance. Article 16 Changes of Contract Contents

During the validity period of this contract, the applicant may fill in an application for change and propose to change the relevant contents of this contract. After approval by the company, the company will issue an approval form or sign a written agreement with the applicant to make changes. Article 17 Change of domicile or address

When the applicant's domicile or mailing address changes, it shall promptly notify the company in writing. If the applicant fails to give a written notice, the company will issue the relevant notice according to the applicant's last known residence or mailing address. Eighteenth age calculation and error handling

The insured's insurance age is calculated at one year old. When applying for this insurance, the applicant should fill in the true age of the insured on the insurance application form. If there is any mistake, the company shall handle it according to the following provisions:

1. If the age of the insured declared by the applicant is not true, and its true age does not reach the age limit agreed in this contract, the Company may terminate this contract and refund the insurance premium to the applicant after deducting the handling fee, except that it has been more than two years since the effective date of this contract.

2. If the age of the insured declared by the applicant is untrue, resulting in the insurance premium actually paid by the applicant being less than the insurance premium payable, the Company has the right to correct and require the applicant to pay the insurance premium and interest, or pay the insurance premium in proportion to the insurance premium actually paid and payable.

3. If the age of the insured declared by the applicant is not true, resulting in the insurance premium actually paid by the applicant being more than the insurance premium payable, the Company will refund the overcharged insurance premium to the applicant without interest. Article 19 Handling of the Applicant's Termination of the Contract

After the establishment of this contract, the applicant may request to terminate this contract. When dissolving this contract, you should fill in the Application Form for Dissolution of Contract, and submit the insurance contract, the latest insurance premium payment certificate, the applicant's household registration certificate and identity certificate.

This contract shall be terminated when the company receives the application for termination of the contract. If the applicant requests to terminate the contract within ten days after signing the insurance policy, the company will refund all the insurance premiums received, but if the applicant passes the medical examination of the company, the medical examination fee shall be deducted. If the applicant has paid the insurance premium for more than two years, the company will refund the cash value of this contract; If the insured fails to pay the insurance premium for two years, the company will refund the insurance premium after deducting the handling fee. Article 20 Dispute settlement

The settlement of disputes in this contract shall be decided by both parties hereto in one of the following two ways:

1. Any dispute arising from the performance of this contract shall be settled by both parties through consultation; If negotiation fails, it shall be submitted to the Arbitration Commission for arbitration;

2. Disputes arising from the performance of this contract shall be settled by both parties through consultation. If negotiation fails, a lawsuit shall be brought to the people's court with jurisdiction in the place where the insurance policy is issued. Article 21 Interpretation

In this article, the terms are defined as follows:

Effective date: the corresponding date of the effective date of each year (or half a year or half a month) is the corresponding date of the effective date of this contract every year (or half a year or half a month).

AIDS: refers to acquired immunodeficiency syndrome (AIDS).

HIV: refers to human immunodeficiency virus (HIV). The definition of acquired immunodeficiency syndrome should be based on the definition formulated by the World Health Organization. If the HIV antibody is positive in serological test, it can be determined that it is infected with HIV or suffering from AIDS.

Force majeure: refers to unforeseeable, unavoidable and insurmountable objective circumstances.

Interest: refers to the interest of overdue insurance premium or loan, which is calculated according to the amount of overdue insurance premium or loan, and the number of days and interest rate are compounded. The interest rate is announced by the company once a year.

Handling fee: refers to the average operating expenses and commissions borne by each policy and the company's commitment to the policy.

The sum of the fees charged by the insurance liability.

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