Why is the policy value of Ping An Insurance (Smart Win Universal Insurance) decreasing month by month?

The cash value of the policy is related to two aspects: 1) the insured amount; 2) age. Think about it from another angle and you will know the reason: 1) If two people have the same insurance coverage and different ages, your risk protection cost will be different, and the younger person will have a small cost, and vice versa. 2) If the same age and gender, the insured amount is different, and the multiple of the insured amount is small, so the cost is small and the cash value of the policy is large; On the contrary, the cost will increase and the cash value of the policy will be less. Because the coverage of universal insurance is determined by demand, you have to sacrifice the cash value of the policy to increase the coverage. At an appropriate time, the insured amount can be adjusted to increase the cash value of the policy.