GT Online: Surrender Rate in China Insurance Industry Increases Dramatically


Written by Potato

According to a report from UC on September 1, 2021, the China Insurance industry appears to have a higher surrender rate dramatically.

the statistics said that around 1.3 million insurance agents quitted their jobs in 2020 due to poor sales and the unfair registration system for insurance agents in Communist China.

On the other hand, more and more people choose to surrender their insurance policies due to reduced income, also lost trust in insurance.

The insurance industry is one of the CCP Ponzi schemes. As the CCP’s domestic economy collapses, the awakened people will make the right decision.