Recently, the "one yuan insurance" trap has attracted widespread attention in the society. The China Banking and Insurance Regulatory Commission said that it will immediately launch an investigation to seriously investigate and punish the illegal behaviors of the insurance companies and insurance intermediary companies involved in Wukong Insurance to protect the legitimate rights and interests of consumers.
"1 yuan insurance" is actually "1 yuan insurance". Although it claims to pay 1 yuan for the first month, or even "get it for free", it actually spreads the premium to the later period. Consumers do not only spend one yuan to buy insurance .
Most consumers do not know the charges when purchasing. Once they click to pay 1 yuan, the automatic deduction function will be activated, and consumers will be automatically deducted from the insurance premium of much more than 1 yuan from the next month.
It is also difficult to refund the policy after the consumer finds out the problem.
Consumer: I bought this insurance and bought it for one dollar. Later, I forgot about it after a long time. A few days ago, I suddenly found that my mobile phone showed that 144 yuan was deducted from my account.
Such cases are not uncommon, and the number of single complaints related to "one yuan guarantee" products on various platforms is as high as several thousand.
In October last year, the Consumer Rights Protection Bureau of the China Banking and Insurance Regulatory Commission issued a risk warning to consumers in response to such problems.
In November, the Consumer Protection Bureau imposed administrative penalties on Shuidi Insurance Brokerage Company and WeDoctor Insurance Brokerage Company for such issues, focusing on issues such as 0 yuan in the first month of premiums, the former being lighter and the later the heavier, and the monthly increase.