There is also the death or total disability due to illness, and the compensation within one year is different from that after one year. You have to understand this.
Then, we will pay dividends.
Because our company's dividends are different from those of other companies, they are guaranteed dividends (other companies are premium dividends and cash dividends), so there is only one final dividend.
At present, Xinhua Company is the only insurance company in China that has been profitable for 13 years since its establishment in 1996. Now it is a state-owned enterprise (the largest shareholder, Central Huijin Company, also has China Bank, China Construction Bank and China Industrial and Commercial Bank, which can be said to be a group company controlled by Central the State Council).
In fact, all our plans have three levels of dividend budget argumentation, and only the highest one is adopted because the dividends of other insurance products in the past exceeded this standard after five years.
What I want to say here is that insurance products are special financial products and cannot be compared with bank wealth management products. The biggest role of insurance is to protect your future risks and let you have money to use. Or, give your family the ability to continue living without changing the existing living standard. Secondly, it will protect you from inflation, devalue your money, and give you a sense of old age. Secondly, it is possible to appreciate, so that you have no worries.
There are many salesmen now, which has left a bad impression on people. This is the problem. Conservatively speaking.
It should be no problem to get back three times the principal at maturity (50 years later).