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Will mutual insurance be automatically renewed? How long is the period of mutual insurance

Will mutual insurance be automatically renewed? How long is the period of mutual insurance

Sihai network: Alipay, with its huge user base, has attracted a large number of users after the launch of mutual protection. But many users have doubts about whether they will automatically renew the warranty? How long is the mutual insurance period? Let's have a look.

After successfully joining Alipay's mutual guarantee, the guarantee period is 60 years old.

If you are less than 60 years old, you can continue to enjoy the security as long as you apportion the security fund and other expenses according to the agreement. If you do not need to apply for renewal, if you apply for the security fund or choose to quit voluntarily within the security period, the security will be terminated, and you need to recalculate the 90 day waiting period when you join again.