Under normal circumstances, it is not recommended to buy this universal whole life insurance, because this kind of insurance is not only expensive, but also has poor protection and unstable income.
I told you before that you should pay attention to staying away from these four types of insurance: universal type, satisfaction type, investment-linked type and dividend type, and you should consider them carefully. What we need is medical insurance, accident insurance, critical illness insurance and term life insurance. Interested parties can read this article on how to buy insurance. What should I pay attention to?
Let's take a look at the guarantee of China Life Insurance Xin Yuanbao whole life insurance (Universal) (Lexin Edition).
The protection of this product is relatively simple, only the continuous reward protection of death insurance and insurance policy. Among them, the personal account value will accumulate with the increase of time, but the guaranteed annual interest rate is low, only 2.5%, and the guarantee is average! And unstable.
The money in the personal account can only be withdrawn after the death of the insured, which is inflexible. In addition, its premium is higher, and it has certain compulsory savings, which is more suitable for high-net-worth families.
Pay attention to insurance, 1 free consultation 1, take a professional, objective and neutral attitude, choose products with higher cost performance for you, and buy insurance easily!