Once the middle road collapses, can the responsibility behind it continue? Have parents' pension, unpaid mortgage, children's education and marriage been solved? You must think about it and take preventive measures. If there is a problem, there must be tools to solve it. Life insurance is a tool full of wisdom and temperature. As the name implies, life insurance is a life insurance with the survival or death of the insured as the payment condition, which can effectively pass on the financial crisis caused by the collapse of the Middle Road. However, whole life insurance has become the new darling of the life insurance market because of its increasing value. Today, we will take a representative product-"Taiping Tian Yue Rich whole life insurance" (hereinafter referred to as "Tian Yue Rich") for a detailed understanding.
3.5% is written into contracts and lifelong growth assets.
"Wealth grows with age" is an increasing whole life insurance. One of its highlights is the increase. The longer you live, the higher the insurance coverage.
The original text of the insurance product contract shows: "In the first policy year, the effective insurance amount is equal to the basic insurance amount. From the second policy year, the effective insurance amount of each policy year will increase the annual compound interest by 3.5% according to the basic insurance amount. " That is to say, the effective insurance amount in the current year of the contract is equal to the effective insurance amount in the previous policy year of the contract (1+3.5%).
For example, 25-year-old Mr. X insured this product for himself, and the monthly premium is 1 000 yuan, and the payment period is 20 years, so the basic insurance amount in the first year is about 1.44 million yuan; The effective coverage rate in the second year is 144000( 1+3.5%), and so on. By the time he is 75 years old, the effective insurance amount can reach 778,000 yuan. By the age of 85, the effective insurance coverage has reached nearly 165438+ ten thousand yuan.
A fixed number of years of "gathering sand into a tower" monthly supply can easily achieve one million.
There are many ways to pay for "increasing your wealth at the age of four", such as monthly payment and annual payment. The minimum monthly payment is only a few hundred yuan, and the payment period can be five years, 10 years, 20 years. A small part of your assets can be temporarily and regularly "sealed" in the insurance policy, so as to overcome the weakness of human nature and realize the "accumulation of sand into a tower" of social value.
If it is matched with term life insurance, it can effectively increase leverage and easily realize millions. Take a 30-year-old man as an example. If you buy "Taiping Additional Yue Yue Stable Term Life Insurance" (20 years, guaranteed to be 60 years old), you can get 6,543,800+by only 248.4 yuan per month.
The current price is high, loanable and flexible.
As a kind of whole life insurance, "Wealth grows with age" has certainty in compensation and excellent flexibility.
When users need funds, they can flexibly turn around through policy loans to get a cash flow, so customers can use it as an asset planning tool in a certain stage in the future. Apply for a policy loan up to 80% of the cash value. When applying for insurance money, the beneficiary can also convert all or part of it into an annuity.
Generally speaking, with the increasing uncertainty of the market environment, the increase of "Yue Yue Tianfu" in whole life insurance can provide a certain and sustained increase in social security. The longer it is held, the higher the security. At the same time, the cash value of the policy grows steadily for life and is not affected by future market fluctuations.