What does it mean that the insurance period of Tianan Life Insurance No. 1 is 10 years

Hello! I am the manager of the sales department of Shandong Tianan Bancassurance. The term 10 indicated in the insurance contract is the longest effective protection period of your contract, and Tianpoly No. 2 is the latest financial product, which is divided into three paragraphs: A, B and C.

They are sold in the form of one-year, two-year, and three-year periods, and it is recommended not to withdraw them within the minimum agreed period, otherwise losses will be generated. At present, the annual interest rate of the product contract is two-year and three-year, and the latest interest rate can be checked on the official website of Tianan Life every month.

For example, if you are a product with a minimum one-year period of 100,000 yuan, the income at the end of one year is 3,600 yuan, if you withdraw the principal and interest in a timely manner, the product will increase the interest of 300 yuan for you for every additional month, that is to say, if you do not use the product you buy after reaching the minimum period, you can not withdraw it, as long as it does not exceed the 10-year insurance period of the contract, your principal can get continuous interest. This is different from the bank on a regular basis. In our area, if the one-year term expires, full-term interest will be paid for less than two years, and full-term interest will be paid for two years.

For details, please consult the local business personnel, and the on-site agreement shall prevail. If you need money urgently during the holding period of the product, you can go to the insurance company's business office with the insurance contract to apply for a contract mortgage loan, and the total loan amount is 90% of the current policy value, for example, if you have held a one-year $10 yuan product for six natural months, you can borrow cash {100,000+(yuan). For more questions, please contact Tianan customer service**.

Until the 10th anniversary. The termination of the contract terminates at the end of the term.

First, make sure that you are buying an insurance policy

Second, buying insurance is a kind of consumption behavior, and from the moment you pay the premium, your money has been consumed

Three, after the purchase, you have two options

1. Surrender of the policy, which is equivalent to unilateral termination of the contract, will cause a great loss, and will not recover your premium in full.

2. If you continue to execute the contract, you will follow the terms written in black and white on the insurance contract, please note that the contract clearly states that the interest rate is uncertain and depends on the investment income of the insurance company.

Fourth, special reminders

Insurance is the only financial instrument used to pass on risk losses.

The most important function is not investment income and dividends, please treat the majority of consumers scientifically and consume rationally. Avoid having unrealistic expectations and don't be induced by unscrupulous salesmen.

Only bonuses can be claimed, but the principal cannot be claimed. If you want to receive it, you can only surrender the policy, and if you surrender the policy, you can only receive the corresponding cash value of the year, and there will be a loss!

Under normal circumstances, it is impossible to get back 100% of the principal in one year.

You can't take all the money away, and if you take it out, even if you surrender the policy, you can only return the cash value.