How many years does Ping An Wisdom Star Whole Life Insurance universal pay for it?

Depending on the specific situation, in general, the minimum payment period is 10 years, and the recommended payment period is 15-20 years.

Clients need to make a decision based on their actual ability to pay and reasonable expectations of their education savings.

The premium period of Ping An Wisdom Star Universal Insurance is 15 years.

Xueba talks about insurance, focusing on insurance evaluation! When buying insurance for your child, you must shop around, and you must check out this new comparison table:"Super Complete! Comparison Table of 136 Popular Children's Critical Illness Insurance in China".

In general, it is from 10 years. In order to let you spend less money, you might as well take a look at my analysis of the product of Wisdom Star below.

Wisdom Star is a universal insurance for children from Ping An Life.

Let's first briefly understand universal insurance. It is a kind of financial management + protection insurance, and the main insurance is generally financial management.

Generally, ** people will claim that the protection of this type of product is almost perfect, which can not only provide support such as education funds, wedding funds, pensions, etc., but also provide universal insurance for critical illness, death, accidents, etc. However, universal insurance is not really a panacea, you will know it after reading this article analyzing the wisdom star:"Let me calculate, how Ping An [Wisdom Star] withheld your money!"

We don't blow it or black, but evaluate it objectively:

Let's take a look at how Wisdom Star is in terms of financial management.

It accrues interest on the money that the customer deposits each year into the policy account. The money earned by customers is mainly through this way, and there is no big problem in this aspect.

However, fees are deducted every time you deposit. The first five years are %, respectively, and from the 6th year, 5% is deducted each year.

At the same time, its guaranteed interest is not high.

Let's talk about his guarantees.

The basic benefit of the death benefit is 100,000 yuan plus the policy account value, and the specific policy account value depends on the insurance contract you purchased. The most important critical illness benefit of health protection is only 80,000 yuan, and it is shared with the death benefit of the main insurance, which means that after you make a critical illness claim, the basic sum assured of the main insurance is only the remaining 20,000 yuan.

Therefore, I don't particularly recommend buying Ping An's wisdom star, which is not cost-effective. If you mainly want to buy insurance for your children, it is recommended to buy all these health insurances such as critical illness insurance and medical insurance before buying financial insurance. I've put together some critical illness insurance products for kids, so if you're interested, you can check them out

"Great deal! Top 10 Value Children's Critical Illness Insurance in 2020

That's all I have for the issue, I hope it will be useful to you!

1. Ping An Smart Star Whole Life Insurance (Universal) 5000 a year Introduction Then this product is a children's universal insurance product, which can be used as a child's education fund to save 5000 yuan for the child every year. His insurance age is 0 17 years old, and then the insurance is guaranteed to life, it has a guaranteed interest rate, after the age of 60, it is according to the agreed proportion, you can go to receive a premium. And this product also has a death benefit.

In the other there are a variety of medical treatments that can be attached, so disability and so on. Second, how about Ping An Smart Star Whole Life Insurance (Universal) 5000 a year, we can see that the annualized rate of return of this product is not particularly high, only, and the return of the annuity can only be received after the age of 60, so it is equivalent to a pension. Then for additional insurance, we also need to purchase it separately, and we need to add a certain amount of money to attach it separately.

In addition, many people may not know much about this product for annuities, and the premiums he pays every year are to deduct a certain initial fee, so his expenses for this part are still relatively large, so it will lead to a relatively low rate of return on our actual basis.

Summary. Ping An Wisdom Star Whole Life Insurance (Universal) is not eligible for the principal because the insurance period of this insurance is lifelong, and there is no maturity insurance benefit.

Wisdom Star is a universal insurance. Universal insurance is an insurance product that can be consumed for life. 50% of the handling fee will be deducted for the first year, 25% for the second year, and 15% for the third year.

In addition, the protection cost of the main insurance and additional insurance will be deducted every year, and the more money will be deducted as you get older. Therefore, its payment period is not fixed. Unlike other insurance products, the figure of 10 or 20 years of payment is stated.

The number of years written in the contract is "lifelong" or "unlimited". Because the cost is deducted from the account every day, if the principal deducted is gone, you will be asked to pay again, and then deduct it again. So pay money for a lifetime.

There is no income, and the monthly interest is deducted from the cost. It may be that ** people will communicate and publicize with customers like this, but it is somewhat misleading, at least not rigorous. The premium is the premium, and as for the money that the customer gets in the later stage, if it is a claim, it is the sum insured.

If it is a survival claim, it is the policy value. The specific policy value cannot be simply understood as the annual accumulation of premiums, which is not bank savings, and there is a fundamental difference between the two, although many people have emphasized that this has the function of compulsory savings.

Can Ping An Wisdom Star Whole Life Insurance (Universal) withdraw the principal?

Hello dear! No.

Ping An Wisdom Star Whole Life Insurance (Universal) is not eligible for the principal, because the insurance period of this insurance is terminal, and there is no maturity insurance benefit. Wisdom Star is a universal insurance. Universal insurance is an insurance product that can be consumed for life.

50% of the handling fee will be deducted for the first year, 25% for the first two years, and 15% for the third year. In addition, the protection cost of the main insurance and additional insurance will be deducted every year, and the more money will be deducted as you get older. Therefore, its payment period is not fixed.

Unlike other insurance products, the figure of 10 or 20 years of payment is stated. The number of years written in the contract is "lifelong" or "unlimited". Because the cost is deducted from the account every day, if the principal deducted is gone, you will be asked to pay again, and then deduct it again.

So pay money for a lifetime. There is no income, and the monthly interest is deducted from the cost. It may be that ** people will communicate and publicize with customers like this, but it is somewhat misleading, at least Lu's is not rigorous.

The premium is the premium, and as for the money that the customer gets in the later stage, if it is a claim, it is the sum insured. If it is a survival claim, it is the policy value. The specific policy value cannot be simply understood as the annual accumulation of premiums, which is not bank savings, and there is a fundamental difference between the two, although many people have emphasized that this has the function of compulsory savings.

Summary. Ping An Wisdom Star Whole Life Insurance (Universal) is not bad. This universal insurance policy looks really all-round.

Guaranteed for life, guaranteed annualized return; After the insured reaches the age of 60, the annuity will be paid according to the agreed proportion multiplied by the premium, but the annual payment shall not exceed 20%. At the same time, it can also be attached with whole life critical illness insurance, the sum insured is optional, and it can be paid in advance, and 45 diseases can only be paid once; Secondly, there is a 1-year term life insurance with an optional sum insured; In addition, there are two types of coverage: accident insurance and accident medical insurance. After reading the basic guarantee, this product has many aspects of protection, which is really worry-free and trouble-free.

How about Ping An Wisdom Star Whole Life Insurance (Universal).

Ping An Wisdom Star Whole Life Insurance (Magnum) is not respectful of mistakes. This universal insurance policy looks really all-round. Guaranteed for life, guaranteed annualized return; After the insured reaches the age of 60, the annuity will be paid according to the agreed proportion multiplied by the premium, but the annual payment shall not exceed 20%.

At the same time, it can also be attached with whole life critical illness insurance, the sum insured is optional, and it can be paid in advance, and only one of the 45 diseases will be paid; Secondly, there is a 1-year term lead draft life insurance, the sum insured is optional; In addition, there are two types of coverage: accident insurance and accident medical insurance. After reading the basic guarantee, this product has many aspects of protection, which is really worry-free and trouble-free.

1. Whole life insurance refers to unscheduled death insurance. After the conclusion of the insurance contract, whenever the insured dies, the insurer shall pay the insurance money. As long as the insured pays the premium on time, the insurer has no right to refuse to renew the policy.

According to the different ways of paying premiums, there are three types of life insurance: whole life insurance with lifetime payment, whole life insurance with regular payment and final trip slag insurance with one-time payment. Whole life insurance can be partially surrendered during the insured's survival to receive part of the cash value, which can solve the pension problem.

2. Scope of application of whole life insurance: 1. Traditional whole life insurance is one of the important types of life insurance. It is characterized by lifelong protection, the premium is fixed, the policy has a cash value, which is accumulated by the annual dividends paid by the insurance company, and the insurance premium of the policyholder Zheng Chang is relatively high, in addition to the basic insurance cost, part of the insurance is charged for investment, and the policyholder does not participate in the investment operation; Due to the accumulation of cash value, the first time you can pay the premium without Cong Xiao after a certain number of years, and the amount of protection also increases with the increase of cash value.

3. For the insured with heavier family responsibilities, if you are old and young, life insurance is more suitable for you; The insurer who plans to leave the insurance money to his family or other people; Insured persons who plan to use their pension for retirement living expenses or other purposes; The plan is to leave the insurance money to the family so as not to pay too much inheritance tax.

Ping An Wisdom Star is a universal children's education insurance, which can be paid in a single payment, 3 years, 5 years, 10 years, and 15 years during the payment period. In addition, the insurance age of this annuity insurance is 0-17 years old, the guaranteed interest rate of the universal account is, and the policyholder can also add accident protection and exemption rights according to their needs.