Chinese Life Insurance Dividend Type Generally Money to the Insured or the Insured?

It is not clear which dividend type you are buying under Chinese Life. Dividends of participating insurance can generally be paid in cash or accumulated to earn interest. If it is a cash pick-up, it is usually distributed to the policyholder, that is, the policyholder.

If you choose to accumulate interest, the dividends will increase in the policy and will be paid when the policyholder applies or the contract is terminated. Generally, when applying for insurance, the policyholder can choose the method he or she wants. If you want to change your payment method during the coverage period, you can apply for a change and the insurance company will approve the change.

Participating insurance is generally a combination of dividends + other forms of protection. Dividends are dividends distributed by insurance companies to policyholders in the form of dividends from the distributable surplus of the participating insurance business in the previous fiscal year. Many friends think that there are dividends every year, but in fact, insurance companies do not guarantee dividends every year, so dividends are uncertain.

If you want to know more about participating insurance, you can read this article: What the salesman won't tell you about participating insurance.

If you want a stable income, or if you want to receive a lump sum of money on a regular basis, then you can consider annuity insurance.

Annuity insurance means that the insurance company takes the survival of the insured as the condition, and when the insured survives at the agreed time, the insurance company pays the insurance money according to the agreement, generally optional annual or monthly, and can receive the expiration or death of the insured. The annuity insurance currently on sale generally provides annuity and death insurance benefits, and some products also provide total disability protection. For better annuity insurance, the internal rate of return can be close.

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The insured is the most useless but indispensable person in the policy, the policyholder pays the money, the claim is paid to the beneficiary, and the insured only needs to wait for his accident one day. Unless the insured is also a beneficiary or policyholder, it is useful. However, the participating insurance generally does not have a beneficiary (unless it comes with a whole life function), and the dividend money is given to the policyholder, and the role of the insured in the participating insurance is the role of how much money can be received.

Generally, some guarantee recipients will be given to 99 people when they die, and they should be given to the insured until the age of 99. Therefore, the younger the insured person, the longer the collar will be. In short, the Insured Person is a tool.

If the insured is a minor at the time of the first dividend, it can only be received by the policyholder's bank. If both are adults, both the policyholder and the insured can receive it, depending on whose bank is used for the first time to handle dividends.

Summary. Hello dear, after the death of the participating insurer, the refund will be made in accordance with the insurance liability signed in the insurance contract, because the participating insurance is not the same as the sickness insurance. Without death benefits, participating insurance only pays dividends to customers every year according to the operating conditions of the insurance company and the investment income of the insurance company.

Another is to pay a survival pension according to the age of the insured, and as long as the insured survives, the money will be returned until the insured reaches the age of 80. You are then paid the maturity premium, at which point the contract ends.

Hello dear, after the death of the participating insurer, the refund will be made in accordance with the insurance liability signed in the insurance contract, because the participating insurance is not the same as the sickness insurance. Without death benefits, participating insurance only pays dividends to customers every year according to the operating conditions of the insurance company and the investment income of the insurance company. Another is to pay a survival pension according to the age of the insured, and as long as the insured survives, the money will be returned until the insured reaches the age of 80.

You are then paid the maturity premium, at which point the contract ends.

For life insurance participating insurance, the death benefit can be refunded after the death of the insured, and the survival insurance benefit on the account can be received, and the specific amount is subject to the account. Life insurance is generally a both-inclusive insurance that protects survival interests and death benefits, and the specific contracts are slightly different. Safeguarding responsibilities are also not the same.

Bring your ID and death certificate. The cremation certificate and the deceased beneficiary should go to the insurance company's business outlets to handle it.

Thank you. Dear, you're welcome, please give a thumbs up.

1. I don't know the type of insurance for Chinese life, but the participating insurance generally has a minimum income guarantee. At the same time, it is compounded and should be slightly higher than a one-year period. 2. Dividends are slightly higher for one year, and there are different ways to pay dividends, including those that accumulate in your account and other ways.

3, but the dividend insurance has to deduct a large amount of principal in the early stage. Therefore, although the interest rate is slightly higher, it will take a long time to return to the principal4, and the insurance must consider the protection function after all. So it can't be compared with savings, it's not comparable.

There are two types of dividends for life insurance.

British Dividends - Sum Assured Dividends.

Dividends based on the sum insured are dividends of the sum insured. The sum insured is the sum insured, and the coarse sum insured includes the basic sum insured (as stated in the policy) and the accumulated dividend sum insured (which is equivalent to the interest on the basic sum insured, which increases year by year in the form of compound interest).

The sum assured dividend is based on 70% of the total profit of the insurance company, including 70% of the distributable profit (at least 70% stipulated by the Insurance Regulatory Commission, which is called the accumulated annual dividend) and 70% of the undistributed profit (called the terminal dividend).

The sum insured dividend is paid in the form of increasing the sum insured and increasing compound interest, and will be paid only after the expiration of the insurance period.

American-style dividends - cash dividends.

Dividends based on the cash value of the policy are cash dividends. The cash value of the policy is the portion of the premium that belongs to the policyholder after subtracting the operating expenses of the insurance company.

Cash dividends are based on 70% of distributable profits.

Cash dividends are paid in cash and annually, and can be withdrawn or not.

Advantages and disadvantages of both.

Advantages of Sum Insured Dividends: According to the dividend base and method, it can be seen that the sum insured dividend increases with compound interest by increasing the sum insured, and the buyer's protection function and investment income increase with it (i.e., the insurance that will grow up); According to the dividend basis, the insured dividend takes 70% of the company's total profits to dividends, including 70% of the undistributed profits, and this part of the cash dividend company does not take the dividends, the dividends are wider, and the buyers get more benefits. Disadvantages:

Only the purchaser will receive dividends at the time of surrender, maturity or payment, and no dividends will be paid during the insurance period.

Advantages of cash dividends: cash dividends are paid annually and can be withdrawn and used. Disadvantages:

The buyer's protection function remains unchanged. Buyers can choose which type of company to pay dividends according to their own situation. At present, most companies in the market use cash dividends, while Xinhua Insurance pays dividends.

Extended reading: [Insurance] How to buy, which one is better, teach you to avoid these insurance"pits"

*Can Chinese Life Insured see dividends and dividends when the chain is closed? **Generally, Chinese Life insured can check the annual report of the insurance company to understand the status of dividends and bonuses. In addition, insurance companies also make regular announcements about dividends and bonuses, which can be checked by the insured to learn more about it.

Can Chinese Life Insured see dividends and bonuses? **Generally speaking, Chinese Life insureds can check the insurance company's Sun Shishan annual report to understand the dividends and bonuses. In addition, insurance companies also make regular announcements about dividends and bonuses, which can be checked by the insured to learn more about it.