An electrical connection device and a chip module connection device are disclosed. The electrical connection device includes: an insulating body, provided with multiple accommodating holes; multiple terminals, correspondingly accommodated in the accommodating holes; and multiple solder balls. Each accommodating hole is provided with a stopping portion. Each terminal has two arm portions and a stopping block located lower than the two arm portions, and the stopping block is formed by tearing downward from the accommodating groove. An accommodating groove is formed between the two arm portions and is located higher than the stopping block. The stopping portion is located on an upward moving path of the stopping block. A gap is formed between the stopping block and the stopping portion. The solder balls are correspondingly accommodated in the accommodating grooves of the terminals.