The product terms of "Steady Win 1" stipulate that from the third policy anniversary date, the insurance company will return 25% of the basic insurance amount every year, and the survival insurance money is collected for life, as long as it is alive. Enjoy the continuous cash flow of life, so as to get the financial support needed for high-quality life.
On the other hand, "Steady Win 1No." continues to follow the dividend increasing method consistently adopted by Taiping Life Insurance. The increased dividend has played the role of an "amplifier" for insurance protection. With the accumulation of time, the amplification effect of insurance coverage becomes more and more obvious, and the return of survival fund becomes larger and larger, which has stronger anti-inflation function. In addition, when the insurance contract expires, you can receive a termination bonus. In addition, if you haven't received the due survival money for the time being, you can also choose to keep it in Taiping Life Insurance and enjoy the value-added benefits brought by accumulated interest. With the guarantee and support of strong investment strength, we can better enjoy the wealth appreciation brought by the increase of dividends. By choosing a survival fund to accumulate interest, we can meet the needs of different life stages such as entrepreneurship, marriage, children's education and pension.
At present, policy loan has become an important way for many insurance users to realize flexible capital turnover, and the amount of policy loan is closely related to the cash value of policy and the proportion of policy loan. Considering the demand of high net worth people for flexible use of large amount of funds, Taiping Life Insurance specially designed "Steady Win 1No." as a product with high policy cash value and loan amount. "Steady Win 1" not only has the cash value of the policy in the first year almost the same as the premium paid, but also is basically equal to or even higher than the premium paid when the policy payment expires. The funds are safe and worry-free, and the maximum loan amount of the policy can reach 95% of the net cash value, far exceeding the industry average, fully ensuring the flexibility of cash flow and ensuring the flexibility and convenience of the use of funds at critical moments.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.