Some banks even outlets to stop selling insurance for high-risk individual events occur collective surrender

Last year, the stock market is booming, even for universal insurance and risk became finance and investment by one of the hot spots. Map / CFP

An interview with reporters yesterday was informed that some of the cast even in the insurance account has shrunk dramatically in the third quarter, individual insurance companies have emerged surrender. Authorities have asked all over the risk of investigation, to prevent a similar situation. Bank part of the network was "suspended" for sales of insurance and even universal insurance, sales agents need to re-examine the qualifications.

Partial-share accounts shrink serious

Even voted in the risk of a number of accounts, equity funds accounted investment of more than 70 partial shares shrink the most serious type account. According to the World De investment consulting firm released for the third quarter, even risk analysis, risk even in the third quarter for stock-based decline in the average account has reached 14.97 percent, the smallest drop of 9.24 percent, the biggest decline reached 25.30 percent. The Shanghai and Shenzhen 300 Index over the same period a decrease of 23.94 percent.

For example, as of October 14, the life of Life "life-chi won the world," even voted for life-insurance-selected stock prices account for only 0.5008 yuan to sell more than the initial price has fallen by half. The index is due to the type accounts, the Sino-British Life of enhanced index accounts in the Oct. 10 sell for the price of 0.35645 yuan, 25.30 percent decrease over the same period, becoming the third quarter, the biggest decline in the stock investment accounts.

However, compared to stock-based accounts, stocks mixed-type decreases in the income account was better than stock-type accounts, with an average decrease of 10.87 percent, the biggest decline 17.75 percent, 2.65 percent minimum. De Shi pointed out that the mixed-type debt, bonds and money-average gains are realized.

Some companies are faced surrender

With the shrinking accounts, investment and even dangerous surrender of the pressure is also increasing. This reporter has learned that in Tianjin, Shandong and other places have emerged policyholders surrender, there is insurance for insurance surrender even more than the rate of 50%.

"This time the main fuse or even dangerous for the account has shrunk dramatically, consumers could not accept the reality of shrinking assets." An insurance company branch in Tianjin are told reporters.

However, sales in the vote even when selling insurance to consumers misleading sales, given the high capital commitments at the end of the proceeds also potential problems. "Some regulations also told consumers to sign a written agreement to ensure that gains by the number of years." A source close to the China Insurance Regulatory Commission told reporters, even for illegal sales of insurance companies, the relevant person in charge was the appropriate punishment.

In addition reporter was informed that part of the bank branches have been "suspended" for sales of insurance and even universal insurance, sales agents need to re-examine the qualifications. Prior to the China Insurance Regulatory Commission and also has asked the authorities throughout the market risk of investigating thoroughly to prevent a further rise to surrender a similar incident.