If some friends don't know about whole life insurance's increase, you can read this article:
"Who can manage money in whole life insurance, and who can preserve capital and increase value?" ? Is it worth starting with? 》
1. What are the advantages and disadvantages of whole life insurance as the cornerstone of CITIC Prudential?
Let's not talk about anything else. Let's analyze the security content map of whole life insurance, the cornerstone of increasing profits:
As can be seen directly from the figure, whole life insurance, the cornerstone of Hengli's profit increase, only has the death premium, and also covers the two rights and interests of policy loans and reduction claims. What are the advantages and disadvantages of this cornerstone, Hengli Zengli whole life insurance?
Advantages:
1. The payment term and method are flexible.
Whole life insurance * * * has five payment cycles for the insured to choose from, namely wholesale payment, 3-year payment, 5-year payment, 10 payment and 20-year payment. At the same time, there are payment methods such as monthly payment, quarterly payment, semi-annual payment or annual payment for everyone to choose from, which is very flexible.
If the budget is limited, you can buy one with a short payment period. There are two payment methods to choose from, namely monthly payment or quarterly payment. If the budget is sufficient, it is suggested to start with a long payment period, and you can use the method of half-year payment or annual payment. The insured can choose the appropriate payment period and payment method according to his actual situation and budget.
2. The effective insured amount is increased by 3.5%, with compound interest.
Starting from the second year, the service life of the constant interest cornerstone will be increased, and the compound interest growth of the insured amount and fixed interest rate will be set at 3.5% per year, which can increase the service life and reduce the losses caused by inflation.
3. Support policy loans and payment relief.
If you are in a hurry to use money, you can apply to the insurance company for policy loan rights, and you can take out part of the cash value to solve the capital turnover problems such as children's education.
If your financial strength declines, but you don't want to surrender, you can apply to the insurance company to reduce claims, borrow the insurance amount to reduce the corresponding cash value, and further settle the remaining premium amount, which is more practical.
Disadvantages:
1. High startup threshold
Whole life insurance requires a minimum living allowance of 65,438+0,000 yuan. Compared with similar products that accept the minimum subsistence allowance of 1000 yuan and 5,000 yuan, the threshold for starting investment in whole life insurance is indeed high, which is not good for people with limited budget.
2. No complete disability protection
Total disability is the highest level of disability, as well as blindness, lack of hands and feet. All of them belong to total disability, which not only makes patients face great mental torture, but also brings serious economic losses to their families.
Many whole life insurance increases in the market include death protection and total disability protection, but whole life insurance, as the cornerstone of Hengli, is only death protection. Comparatively speaking, it is very common.
Are there any other pits in this product? Is it worth buying? Senior sister reveals the cornerstone of Hengli life insurance for you, so that you can buy appropriate insurance without stepping on the pit:
Is the whole life insurance value of Xincheng cornerstone Hengli worth buying? Is the income high? 》
2. Will Prudential improve whole life insurance's income? Is it worth buying?
For example, 35-year-old Mr. Li insured Hengli Cornerstone Life Insurance, and paid 654.38+10,000 yuan every year. Please look at the following calculations after five years:
By analyzing the income chart, it is assumed that Mr. Li is 40 years old and has just paid a premium of 500,000 yuan, and the cash value has reached 498,766 yuan, which means that Mr. Li will return the capital in the fifth year. Therefore, the cornerstone of Hengli-whole life insurance, the return rate is very fast.
Suppose Mr. Li is 60 years old, he can have a cash value of 988,497 yuan, and the premium is doubled. If he surrenders at this time, it is also very friendly to take out this cash value as a pension.
If Mr. Li didn't withdraw money at all until he was 80 years old, the cash value he could get at this time was 1 966,898 yuan. In addition to the principal of 500,000 yuan, he can earn 1, 466,898 yuan, up to 1.4 million yuan. This is good!
On the whole, whole life insurance, as the cornerstone of Hengli increment, has a low cost performance and a lack of guarantee. Because there is no total disability protection, it is not particularly worth buying.
For friends who are looking for more comprehensive and practical insurance, Senior Sister still suggests comparing other products. Senior sister sorted out a lot of value for money, to ensure a solid whole life insurance. You can choose the best one here:
"Just out of the oven! Five High-yield and Profit Increasing whole life insurance, don't miss it! 》
Write it at the end
I am an expert in insurance, focusing on objective, professional and neutral insurance evaluation;
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