In fact, Taiping Insurance Company is a state-owned enterprise with a long history of development and provides a wide range of insurance products and services.
Pacific Insurance Dividend Insurance is one of them, and many people come to inquire about this product.
For example, how to extract the dividend insurance of CPIC and how to guarantee the content.
The dividend insurance of CPIC insurance belongs to financial management insurance, but the specific acquisition method may be different due to the specific terms of the contract.
So dad sorted out the extraction methods under normal circumstances for your reference:
1, lifetime annuity collection
The main purpose of insurance dividend insurance is to provide lifelong annuity income.
According to the insurance contract, once the conditions stipulated in the contract are met,
Usually when you retire or reach a certain age, you can start to receive life annuity income.
According to the contract, payment can be made monthly, quarterly or annually.
2. Extract them all.
Some insurance contracts allow the full cash value of the policy to be withdrawn in advance under certain conditions.
This means that you can choose to withdraw the cash value accumulated in the policy at one time, including dividend income.
The policy will also be terminated and no longer enjoy the original annuity income.
3. Partial extraction
In some cases, part of the cash value in the policy can be extracted and used in a certain way.
This usually needs to meet the conditions agreed in the contract, and may be subject to certain restrictions and expenses.
And partial withdrawal will reduce the cash value of the policy and the future annuity income.
The specific extraction method and conditions depend on the insurance contract signed with the insurance company.
Therefore, it is recommended that you carefully read and understand the surrender clause in the insurance contract.
For more information about insurance, welcome to search for dad's insurance consultation!