Risk warning
Taikang Life Insurance Co., Ltd. "Taikang Fortune Bao Tong Insurance Plan" includes the main insurance "Taikang Fortune Life D Life Annuity Insurance (dividend type)" as dividend insurance, and the additional insurance "Taikang Additional Wealth Winner Term Life Insurance (universal type)" as universal insurance. The dividend distribution of the main insurance will change with the actual operation of the dividend insurance business, and the dividend is not a certain value, or it may be zero. It is uncertain whether the annual settlement interest rate of the additional insurance policy account value exceeds the minimum guaranteed interest rate.
This product manual is only applicable to Taikang Fortune Bao Tong Insurance Plan. In this product manual, "you" refers to the applicant, "we" and "our company" refer to the branches of Taikang Life Insurance Co., Ltd. signed on the insurance policy, "this plan" refers to the Taikang Fortune Bao Tong Insurance Plan provided by us, and "master contract" refers to the Taikang Fortune Life D life annuity insurance (dividend-paying) insurance contract concluded between you and us. "Additional Contract" refers to Taikang Additional Wealth Winner Term Life Insurance Contract (Universal) concluded between you and us, and "Insured" refers to the insured of the insurance contract.
In order to facilitate your understanding and purchase of this plan, please read this product manual carefully:
I. Insurance plan
Taikang Fortune Bao Tong Insurance Plan includes the main contract Taikang Fortune Life D Life Annuity Insurance Contract (dividend type) and the additional contract Taikang Additional Wealth Winner Term Life Insurance Contract (universal type). The supplementary contract policy account bears monthly interest on the dividends under the main contract and the survival insurance money agreed to enter it. The value of the policy account can be applied to a partial collection.
Second, the characteristics of the plan
More-dividends are everything, and the benefits are repeated.
Fast annual payment, life-long continuous
Good-pay regularly and enjoy your old age.
Save-free premium, show human nature
Three. Description of the main contract
1, insurance liability
Survival insurance money
1. The insured survives on the corresponding day when this contract year comes into effect, and we will pay 10% of the insurance amount to the beneficiary of the survival insurance.
2. After the insured reaches the age of 88, he is still alive on the first corresponding day when this contract comes into effect every year, and we will pay the beneficiary of the survival insurance according to the amount of insurance premium you have paid in this contract.
According to the terms of the contract, unless otherwise specified, the beneficiary of survival insurance is the applicant himself.
Special insurance premium
The insured shall survive on the corresponding day when the first year of this contract comes into effect after you have paid the insurance premium for 5 years. We will pay the special insurance premium to the beneficiary of the survival insurance according to 50% of the insurance premium specified in the insurance policy.
If the payment period you choose is less than 5 years, we will not pay special insurance money to the beneficiaries of survival insurance money.
death insurance
When the insured dies, we pay the death insurance money to the beneficiary, and this contract is terminated. The amount of death insurance is:
(1) If the insured dies before (excluding) the effective date of the first year after reaching the age of 88, the amount of death insurance premium shall be the greater of the following two items:
(1) The amount of insurance premium paid by the applicant under this contract;
② The death of the insured shall be regarded as the cash value of the Japanese contract.
(2) If the insured dies after reaching the age of 88 and after the first effective date of this contract, the death insurance premium will be zero.
The insurance premium for accidental death of the insured is exempted.
If the insured suffers an accident and dies within 180 days from the date of the accident, we will exempt the insured from the contract insurance premium from the first agreed payment date in this contract to the last agreed payment date in this contract after his death. No matter what causes the insured to die after 180 days from the date of the accidental injury accident, we are not responsible for the exemption of insurance money for the accidental death of the insured.
The insured is exempt from insurance premium due to accidental high disability.
If the insured suffers an accidental injury, which directly causes the insured to reach the high disability referred to in this contract within 180 days from the date of the accidental injury, and the medical institution (or appraisal institution) recognized by both parties proves that the insured meets the high disability referred to in this contract, we will exempt the insured from the payment due in this contract from the first agreed payment date in this contract to the last agreed payment date in this contract after the insured is highly disabled. No matter what causes the insured to suffer from the high disability mentioned in this contract after the accident 180 days, we will not be liable for the exemption of insurance money for the accidental high disability of the insured.
If the applicant no longer meets the high disability requirements referred to in this contract, the applicant or the insured must inform us that when the applicant no longer meets the high disability requirements referred to in this contract, our responsibility of exempting the high disability insurance premium will be suspended. The insured shall continue to pay the insurance premium for the remaining period after the exemption of the insurance premium for accidental high disability is terminated.
Proof of persistent high disability
During the period when the insured is exempt from paying insurance premium for high disability, we have the right to ask the insured to provide continuous high disability certificate or receive regular physical examination. The interval depends on the degree of high disability of the insured and our relevant regulations. The certificate of persistent high disability and physical examination must be provided by a medical institution (or appraisal institution) recognized by both parties, and the required expenses shall be borne by us. If the applicant fails to provide the above-mentioned certificate or fail to have a physical examination according to our requirements, we have the right to suspend the responsibility of exempting the premium for the high disability. The insured shall continue to pay the insurance premium for the remaining period after the exemption of the insurance premium for accidental high disability is terminated.
2. Exemption from liability
If the insured dies under any of the following circumstances, we shall not be liable for paying death insurance benefits:
(1) The insured intentionally kills or intentionally hurts the insured;
(2) Intentionally committing a crime or resisting criminal compulsory measures taken according to law;
(3) Taking the initiative to take or inject drugs;
(4) Suicide within 2 years from the date of the establishment of this contract (if he has been reinstated, he will be reinstated at the termination of this contract), unless he is a person without civil capacity at the time of suicide;
(five) drunk driving, driving without a valid driver's license or driving a motor vehicle without a valid driver's license;
(6) War, military conflict, riot or armed rebellion;
(7) Nuclear explosion, nuclear radiation or nuclear pollution
If the insured dies due to the above-mentioned reasons (1) and this contract is terminated, we will pay the cash value at the termination of this contract to the beneficiary of the death insurance.
If the insured dies due to the above other circumstances and this contract is terminated, we will refund you the cash value at the time of termination of this contract.
If the insured dies or suffers from high disability due to the above (2) to (7), or the insured intentionally kills or hurts the insured, we are not responsible for the exemption of the insured's accidental death insurance premium or the insured's accidental high disability insurance premium agreed in this contract.
3. Payment method of survival insurance money
Survival insurance refers to the survival insurance and special insurance agreed in this contract.
If the beneficiary of the survival insurance money is the same person as the insured, the survival insurance money will be automatically transferred to the policy account under Taikang additional wealth winner term life insurance (universal) in your name by default according to the payment time agreed in this contract. Specific matters shall be subject to the agreement in Taikang Additional Wealth Winner Term Life Insurance (Universal).
If you need to change the survival insurance money into cash, you can submit a written application to us. If the method of receiving survival insurance money is changed to cash, you can receive survival insurance money in cash on the payment date of survival insurance money agreed in this contract. If you fail to receive the survival insurance money on the payment date agreed in this contract, the survival insurance money will not generate interest during the existence of the company.
If the beneficiary of the survival insurance money is not the same person as the insured, the survival insurance money in this contract can only be collected in cash.
4, minor death insurance limit
For the personal insurance of minor children, the maximum amount of death insurance benefits paid due to the death of the insured shall not exceed the limit stipulated by the the State Council Insurance Regulatory Authority, and the agreed amount of death insurance benefits shall not exceed the above limit.
5. Hesitation and surrender
The hesitation period of the insurance contract is 10 day, counting from 0: 00 the day after you sign the insurance contract.
If you request to terminate the insurance contract within the hesitation period, we will refund your insurance premium without interest after deducting the fee not exceeding 10 yuan. This contract will be terminated immediately after we receive your application for termination of the contract, and we are not responsible for paying the insurance premium for the insurance accidents that occurred before the termination of this contract.
If you request to terminate the insurance contract after the hesitation period, we will refund the cash value of the termination of this contract to you within 30 days from the date of receiving the application for termination. If you terminate the contract after the hesitation period, you will suffer some losses.
6. Policy dividends and dividend distribution
The main contract is a dividend insurance contract, and you have the right to participate in the distribution of distributable surplus in our dividend insurance business. The dividend of this product comes from spreads and so on. That is, the actual operating results are better than the predetermined assumptions (predetermined interest rate assumptions, etc.). ) distributed to the insured at a rate of not less than 70%.
At the end of each policy year, if this contract is valid and the due premium has been paid in full, we will decide the dividend plan according to the actual operation of the dividend insurance business. The bonus is not guaranteed and may be zero.
The dividend distribution method of this product is cash dividend, that is, the surplus is directly distributed to the insured in the form of cash. Dividend collection method:
By default, the bonus under this contract will be automatically transferred to the policy account under Taikang additional wealth winner term life insurance (universal) under your name according to the policy bonus payment date agreed in this contract. The specific matters shall be handled in accordance with the agreement that "the survival insurance money shall be transferred from the main contract to the additional contract" in Taikang Additional Wealth Winner Term Life Insurance (Universal). The above specific matters include insurance liability, policy account value, fee collection, clear explanation and truthful disclosure.
If you need to change the dividend payment to cash payment, you can submit a written application to us. If you change the dividend payment method to cash payment, you can receive the dividend in cash on the policy dividend payment date agreed in this contract. If you don't receive the policy dividend on the date agreed in this contract, no interest will be generated during the period when the dividend stays in the company.
Dividends retained by the company and dividends transferred to your Taikang additional wealth winner term life insurance (universal) policy account will not participate in dividend distribution.
Dividends are determined according to the contribution of each policy, which is related to the operating conditions of dividend insurance business, the insurance period agreed at the time of insurance, the payment period, the age, gender and policy year of the insured.
Our dividend policy is based on the principle of steady operation and returning customers, and strives to maintain the sustainability and market competitiveness of dividend levels in each year.
7. Investment strategy
We set up an investment account for dividend insurance products. This account is a special account established by our bank to fulfill the responsibility of dividend insurance and use funds in accordance with national policies and relevant laws and regulations. The account is managed by our entrusted investment manager.
On the basis of meeting the requirements of safety, liquidity and profitability in the use of insurance funds, the investment in dividend account seeks steady appreciation of investment accounts and provides customers with a good dividend level.
On the premise of complying with the relevant laws and regulations on the use of insurance funds and the company's basic investment policies, the investment manager of this account, combined with the research, analysis and judgment on macro-economy, fiscal policy and monetary policy, and the forward-looking grasp of the trend of the securities market, rationally allocates assets such as fixed income and equity according to the debt characteristics of dividend insurance funds, actively adjusts the investment portfolio and optimizes the types of positions, so as to achieve the purpose of obtaining long-term stable investment income from dividend investment accounts.
8. Risks borne by the insured.
You have the opportunity to participate in the profit distribution of the company's dividend insurance, but the dividend distribution amount shown in the insurance benefit demonstration table when you apply for insurance is for reference only, not as our guarantee or expectation for future performance. The actual reward level may be higher or lower than the demonstration reward level, or it may be zero.
9. Information disclosure
We submit the special financial report and business report of dividend insurance to the insurance regulatory agency every year. The report must be audited by a qualified accounting firm and reported to the regulatory authorities for the record.
In each fiscal year, we will send a dividend notice to the insured under this contract according to the regulations of the insurance regulatory agency, and you can know the relevant information of the dividend policy.