Next, senior students will interpret this product. Why is Hengqin 1 value-added whole life insurance a high-yield product? What are its highlights? Let's get to know each other.
Dear seniors have prepared a simplified version for friends who are short of time:
What are the benefits of increasing the life span of Hengqin No.1 handed down from generation to generation? Is it worth insuring? An analysis! 》
1. What are the advantages and disadvantages of increasing the insurance coverage of Hengqin 1 whole life insurance?
As usual, let's take a look at the product protection map first:
This product still has many excellent places. Let me introduce them to you one by one.
1. The insured amount is 3.8%, and the compound interest is increasing.
From the second year of the policy, whole life insurance's insured amount increased by 3.8% with compound interest, which is based on the provisions in the clause, indicating that this interest rate will not be affected by the market interest rate, and it is fixed, which will make consumers feel safe!
At present, the average line of increasing interest rate of whole life insurance insured amount in the market is 3.5%, and the increase rate of Hengqin Ishikawa 1 whole life insurance is obviously higher than the passing line, which is good.
2. Wide insurance age
People born more than 28 days but not more than 70 years old support the increase of whole life insurance insurance coverage of Hengqin Ishikawa 1, and the whole family can be guaranteed. This insurance has many uses, such as pension, children's education planning, education fund and so on.
3. Flexible payment period
Whole life insurance's incremental payment period for Hengqin Ishikawa 1 is divided into four grades: 3/5/ 10/ 15/20. There are many choices, and the insured can choose the appropriate payment period according to their actual situation.
I'm not sure which payment period to choose. Consult an insurance expert:
"How to choose the payment period so as not to lose money? 》
4. Protection of the change of characteristic insurance amount
If the effective date of Hengqin Heichuan 1 whole life insurance policy is three years, the insured can increase the insured amount according to the demand, with an interval of two years, and the insured amount can be increased by up to 20% every year.
If the applicant's economic conditions are not particularly good, then he can only choose to pay the premium of 1 000 a year. Subsequently, the economic conditions improved and there were sufficient funds at his disposal. In the third year after the policy takes effect, he can choose to increase the insured amount, and the subsequent income will increase accordingly.
In addition, whole life insurance, the increment of Hengqin Ishikawa 1, also supports insurance reduction and policy loans. If the insured is in urgent need of capital turnover, he can choose to reduce the insurance or borrow 80% of the cash value of the policy, so that the funds can be flexibly allocated.
Like people, products are not perfect. Whole life insurance Hengqin Chuanshi 1 also has some disadvantages and many bright spots. You can click below to view:
Whole life insurance, the increment of Hengqin 1 handed down from generation to generation still has these small flaws, so you must see them clearly before taking out insurance! 》
The advantages and disadvantages of product protection are introduced here. Everyone is most concerned about the benefits of this product. I won't say anything extra. Sister Xue will take you to know it right away!
2. What is the profit from the increase of whole life insurance Zhonghengqin Ishikawa 1?
The increase in whole life insurance's income is inseparable from the cash value of the policy, and the money we can receive when we surrender is the cash value at the end of that year.
For example, senior, let's take a look at the specific benefits of Hengqin Chuanshi 1 Zengli Whole Life Insurance:
If 30-year-old Xiao Li bought himself a whole life insurance with an increase of Hengqin 1 handed down from generation to generation, he would have to pay 65,438+10,000 yuan every year for five years in a row to ensure his life.
As can be seen from the figure, Xiao Li paid 500,000 premiums in five years. At the age of 36, the cash value of the policy can reach 536,000 yuan.
To put it bluntly, it will take six years to return to the original, but now many products of the same type can return to the original at the speed of 89. Comparatively speaking, the growth rate of Hengqin Ishikawa 1 in the whole life insurance is acceptable.
When Xiao Li is 60 years old, he will have a cash value of 6.5438+0.297 million yuan, which has doubled. At this time, CSI can extract some cash value according to its own pension needs to improve the quality of life of the elderly.
When Xiao Li is 70 years old, the cash value of the policy will reach 65,438+0,829,000 yuan, and the value will soar all the way, with a cumulative increase of 3.6 times. If you choose to surrender, this money will also enable Xiao Li to enjoy good pension conditions in his later years!
If you don't surrender, at the age of 90, the cash value will reach 3.699 million yuan, worth 7.4 times! This money can be left directly to the children as an inheritance. After Xiao Li's death, the children can get this death money, which can help them improve their family life and help Xiao Li continue his love and responsibility for future generations.
As can be seen from the figure, after careful study, senior sister found that the IRR of the whole life insurance, the increase of Hengqin Ishikawa 1, has been fluctuating around 3.5%, which can be said to be quite severe.
Third, the summary of the senior sister
Through our understanding, it is found that the incremental total life insurance of Hengqin Ishikawa 1 is still very fast, with high cash value, stable internal rate of return of about 3.5%, and the income is very gratifying. This product is also a good choice if you are interested in buying additional life insurance.
I tell you, the main purpose of incremental life insurance is financial management, and it can't provide us with protection. Therefore, you must buy critical illness insurance, medical insurance and accident insurance before buying, so that the risks will be guaranteed.
Write it at the end
I am an insurance top student, focusing on objective, professional and neutral insurance evaluation;
If the above content has not solved your problem, you can also come to top student, the official account of WeChat, and ask me about insurance.
I give you the most professional advice based on many years of experience in configuring insurance for 10W+ families.
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