It happened that many friends came to learn my sister's advice. How about whole life insurance, Xintai Huaxin and Changban (Celebration Edition) inheriting whole life insurance?
These two insurance products are popular products in whole life insurance, attracting a lot of people's enthusiastic attention. It seems that the insurance conditions are also very good?
For these two products, Xue Jie will give you an evaluation today, and then learn about its guarantee content!
1. What's the difference between Xintai Huaxin inheriting whole life insurance and Jiuqing whole life insurance?
Let's take a look at the comparison chart of these two products:
1. insurance age comparison
The insurance conditions of Huaxin Heritage whole life insurance and Changxiang Partner (Celebration Edition) whole life insurance are very good. Huaxin inherits whole life insurance's support that the insured age is from 28 days to 80 years old, and most people of all ages can be insured, so there are almost no restrictions on the general population.
Whole life insurance (Celebration Edition) covers 30 days to 70 years old. Although it is not as powerful as Huaxin inherited from whole life insurance, it is better than most products on the market. In fact, in most whole life insurance, the upper age limit for insurance is basically 55 years old, 60 years old and rarely 70 years old.
2. Comparison of payment periods
Batch payment and regular payment are the main payment methods provided by Huaxin in inheriting whole life insurance. There are three kinds of installment payment: 3 years, 5 years, 10 years, and the performance is average. Because there are many products on the market that can't be shipped wholesale, you can't pay all the premiums at once. Therefore, the payment period of Huaxin's inheritance from whole life insurance is very flexible.
Whole life insurance (Celebration Edition), besides the wholesale payment, there are three years, five years, 10 years, 15 years and 20 years to choose from. Compared with Huaxin's inheritance from whole life insurance, the payment period is more diversified, which can meet the needs of most people.
So how to choose the payment period? What friends want to know is that after reading this article:
"How to choose the payment period so as not to lose money? 》
3. Comparison of guarantee contents
In addition to the most basic death/total disability insurance, the coverage of Huaxin's inheritance of whole life insurance also includes accidental death or total disability insurance of major natural disasters, which is more comprehensive than that of whole life insurance (Celebration Edition).
If the insured is totally disabled or dies within 180 days due to a major natural disaster, the insurance company will pay the basic death/disability insurance premium on the one hand, and the additional premium as the insurance premium for accidental death due to a major natural disaster. This fund can be reserved for follow-up living expenses or rehabilitation expenses. , it is quite acceptable.
In terms of content guarantee, whole life insurance (Celebration Edition) is indeed inferior to Huaxin in inheriting whole life insurance.
There are many excellent whole life insurance in the market. If you want to shop around, you can read this article:
"Just out of the oven! Five High-yield and Profit Increasing whole life insurance, don't miss it! 》
Second, what are the highlights of these two products?
1. Effective insurance amount
The effective coverage of Huaxin's inheritance of whole life insurance and Changxiang Edition (Celebration Edition) will increase slowly from the second policy year, with an annual increase of 3.5%. It means that the longer you hold the insurance policy, the higher the compensation amount may be.
These two products are excellent in increasing effective coverage, and it is difficult to tell the winner from the loser.
2. Other rights and interests
Huaxin completely inherited other rights and interests of whole life insurance, including policy pledge loan, automatic advance payment, reduction settlement, plus or minus insurance.
Adding insurance is to increase the premium and increase the insured amount; Insurance reduction is to reduce the basic insurance amount and insurance premium according to the overall proportion, and get some corresponding cash value.
The insured can choose to increase the insured amount or reduce part of the insured amount. If you do not meet your own protection, you can apply to the insurance company for additional insurance to increase the insured amount; Or living in poverty, you can apply to the insurance company for insurance reduction, and the insured can get a sum of money, and the future premiums will be reduced together, which can alleviate the economic pressure.
As for whole life insurance (Celebration Edition), in terms of other rights and interests, the rights and interests will be less than that of whole life insurance, and whole life insurance will be inherited by Huaxin, which does not include the increase and decrease of insurance, but has the reduction of insurance and annuity conversion.
In fact, annuity conversion can make the insured directly transfer all or part of the original guaranteed cash value or insurance premium to the company's annuity insurance products, which is generally acceptable.
To sum up, Huaxin has inherited a wider insurance age range in whole life insurance than in whole life insurance (Celebration Edition), but the latter has more payment years to choose from; On the content of protection, Huaxin inherited whole life insurance's insurance premium for accidental death or total disability in major natural disasters, which is richer than whole life insurance (Celebration Edition). In short, everyone can be insured according to their own needs.
Finally, the senior stressed to you that you must not buy insurance blindly to avoid impulsive consumption and blind purchase. First, shop around and choose the insurance that best meets your requirements! If you don't know insurance knowledge, senior, here is an encyclopedia of insurance knowledge, I hope I can answer it for you:
"Super complete! Everything you want to know about insurance is here.
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