It is said that whole life insurance can return all the principal from the beginning of insurance to the next year. Is it really as overbearing as described?
Senior sister will give you a detailed evaluation right away! Curious friends, keep watching ~
Before we begin, let's review the most basic knowledge: "What is the whole life insurance that can manage money and ensure increase? 》
1. What are the advantages and disadvantages of Kang Jun's jinsheng Jinshi?
As usual, let's take a look at the product protection map first:
Senior sister won't tell you unimportant things, just tell you the important parts!
& gt& gt advantage:
1, flexible payment period and low threshold for initial investment.
For the payment period of Jinsheng Jinshi, you can choose two ways: wholesale payment and annual payment.
If this is the case, the insured should consider their own economic situation to flexibly choose the payment period.
If you don't know how to choose a plan that suits you. This article can help you make a choice: "How to choose the payment period so as not to lose money? 》
Moreover, the minimum annual investment is 1000 yuan, and the threshold for initial investment is very low.
For young people who have just entered the society, people with insufficient economic budget can also join Jinsheng Jinsheng. In the later period, the liquidity increases, and they want to increase the insured amount, so they can exercise the right to change the insured amount. Very considerate!
2. The compensation coefficient is set reasonably.
The compensation ratio for the death of Jinsheng Jinshi whole life insurance is 18-6 1 year 160%, 6 1 year 120%.
Is this establishment reasonable?
Senior now gives you an unreasonable case: 18-40 years old 160%, 4 1-6 1 40%, 6 1 year old/..
4 1-60 years old is often the stage with the heaviest family economic responsibility. If the proportion of compensation is reduced, it means that the intensity of protection has become lower, and finally everyone's compensation amount can't support family expenses.
Therefore, if you encounter a gradual decrease in the proportion of compensation, you should pay more attention.
In contrast, many people think that Jinsheng Jinshi has made great achievements in this respect, setting the highest ratio of 18-6 1 age group, which is commendable!
& gt& gt Disadvantages:
1, lack of total disability protection
At present, most of the increase in death/disability protection is provided in whole life insurance. For those products with comprehensive protection, even including aviation accident death protection.
However, judging from the security content of Jinsheng Jinshi, it doesn't even have the most fundamental total disability protection!
If the insured has insured this product of Jinsheng Jinshi, the subsequent bad luck will lead to total disability, and the compensation standard for death will not be met, and compensation will not be obtained.
People can't help but feel that the strength of this guarantee is too low, which is really not brilliant.
2. The growth coefficient of insurance coverage is low.
Whole life insurance's premium growth will increase with compound interest every year according to the growth factor, and Jinsheng Jinshi has a premium growth factor of 3.5%.
Many incremental life insurances in the market have an increase factor of 3.8%.
It is assumed that the higher the incremental coefficient, the better the subsequent income.
In contrast, Kim is not generous enough!
If you want to know more about this product, you can read this article: "Jinsheng Jinshi increases whole life insurance's capital in the second year? Don't be silly! 》
Second, what is the lifetime income of Kang Jun Jinsheng Jinshi?
Before calculating the income, let's briefly understand the "cash value of the policy".
The cash value of the policy, in other words, is the cash we can get when we surrender the insurance, and increasing whole life insurance's income can be said to have a great relationship with the cash value of the policy.
Later, the overall income of Jinsheng Jinshi showed you:
At the age of 30, Lao Wang started a whole life insurance of 654.38+10,000 yuan, which was guaranteed for five years.
Looking at the picture, you can see that Lao Wang paid a premium of 500,000 in five years. When Lao Wang was 36 years old, 536,000 yuan was the cash value of his policy at that time. At this moment, the return rate exceeds the investment rate.
Compared with those who increase the speed of capital recovery in whole life insurance for five or six years, Jinsheng Jinshi, an increased whole life insurance, has a very fast speed of capital recovery.
That is to say, when he is 60 years old, the cash value of the policy is already 1, 2 1.8 million. If he chooses to surrender, the money can be used for his subsequent retirement, and of course it can also be used for traveling and having fun!
If you don't surrender, when Lao Wang is 70 years old, the cash value of the policy can rise to 17 13000, and the value can be tripled, which is really a good income.
If Lao Wang still doesn't choose to surrender, the insurance coverage will continue to grow, and Lao Wang will die at the age of 80, at which time Lao Wang's family will receive a death pension of 2.399 million yuan.
According to the picture, after the age of 60, whole life insurance's internal rate of return (IRR) fluctuated around 3.3%, which was acceptable.
Third, the summary of the senior sister
All in all, the payment period of Jinsheng Jinshi whole life insurance is relatively good, and the insurance threshold will not be high; However, the coverage is not very wide, and the coefficient of the growth of the insured amount is relatively slow.
However, the overall income is still very good, and the performance is still stable, but whether it is worth insuring is a matter of opinion.
Still an old saying goes, what suits you is the best! There are really countless outstanding increases in whole life insurance in the market, so it's not too late to make an insurance decision.
Write it at the end
I am an expert in insurance, focusing on objective, professional and neutral insurance evaluation;
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