After the state stipulates that the predetermined interest rate of annuity insurance should not exceed 4.025%, such products can be understood as a means of prudent financial management, which is actually the same as putting money in the bank.
Even the yield of some products is much worse than the bank's regular interest rate.
What is the yield of China Life Hongfu Supreme Annuity Insurance (dividend type)? Is it high or low? Let's discuss it.
I. Analysis of Hongfu's Maximum Guarantee Content
The guarantee content of Hongfu Supreme is easy to understand, including income and death protection, in which income is divided into annuity, survival fund and maturity fund. The details can be understood from the following figure:
Let's discuss the guarantee content of Hongfu Supreme first and find out what its advantages and disadvantages are.
Advantages:
1, flexible payment period
The payment methods of Hongfu Supreme include 3-year payment, 5-year payment and 10-year payment. We can choose the most suitable method according to our actual income and future planning.
Generally speaking, the longer the payment period, the better the product will be, because the longer the payment period, the lower the payment in that year, so it will not be so reluctant.
However, we have to pay early and pay late, and the money we invest in annuity insurance is idle money, so the way to pay in the end is still related to personal choice.
2. Support annuity conversion
The so-called annuity conversion refers to: after the insured's contract comes into effect, with the consent of the insurer, the insurance money obtained is converted into another annuity insurance.
After the expiration of Hongfu Supreme Policy, you still want to reap the income value and protection you want, so you can apply to convert the insurance money into other products, so that you can avoid the formalities of insurance and audit, which is very convenient.
Insufficient:
Death guarantee is not strong.
Hongfu Supreme's death protection is only to return the premium paid. Compared with the same type of products, most of them have extra compensation or higher premium, insured amount and cash value.
For the pillar of the family, once he dies unfortunately, the children's education expenses, mortgage and other family daily expenses will become a huge economic burden.
Hongfu Supreme's death protection lags far behind other products.
But as I said before, buying annuity insurance should pay more attention to its rate of return, so the quality of Hongfu Supreme is relatively unimportant. What matters is its actual rate of return.
Second, Hongfu's supreme rate of return is exposed!
For example. 30-year-old male, 10 year payment, annual premium100000 yuan, basic insurance amount of 24820 yuan, calculate IRR. The specific results are as follows:
In the end, the IRR of Hongfu Supreme is only 2%, which is not as high as the bank's fixed interest rate (2.75%). Even if Hongfu Supreme is growing with compound interest, there is still a big gap.
For example, some annuity insurance yields are very high, IRR can reach 3% or even 4%, and Hongfu Supreme is almost:
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A friend was surprised: "Your calculation is flawed. How can the dividend of Hongfu Supreme be so small? At the same time, it also covers general accounts! "
Don't worry, everyone, listen to me slowly ~
1, dividend issue
The so-called dividend is that the insurance company will extract a part of the company's disposable surplus every year and distribute it to the insured.
The dividend of dividend insurance mainly comes from three aspects: dead difference, spread and fee difference.
Therefore, that is to say, the dividend income is matched with the actual business volume of the insurance company, and there is no upper limit, but there may be no dividend.
In addition, the dividends and profits of insurance companies are opaque. How much to earn, how to share dividends and how much to share are all decided by the insurance company itself. From this point of view, on the issue of dividends, insurance companies have played the role of both "athletes" and "referees".
Interpretation of the reasons for the high complaints about dividend insurance
2. General account
The concept of universal account is this: the insurance company will return your survival fund (annuity) to your account. If you are not in such a hurry to use it, I suggest you deposit it in a universal account, which can still realize appreciation.
Universal accounts generally have three kinds of interest rates. Besides the guaranteed rate of return, there are two kinds of interest rates, namely, mid-range interest rate and high-grade interest rate. In addition to the above, the insurance company also has its actual settlement interest rate.
In fact, when all universal accounts and new products are sold, the settlement interest rate is very high! The price difference is about 5%, but with the passage of time, the settlement interest rate will change with the change, and will drop from 5% to about 3%-4%.
At the end of the article, Senior Sister gives you a hidden method of annuity insurance:
Learn this trick and stay away from the 99% pit of annuity insurance.
Write it at the end
I am an expert in insurance, focusing on objective, professional and neutral insurance evaluation;
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I give you the most professional advice based on many years of experience in configuring insurance for 10W+ families.
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