How should Hongfa s annual income be calculated

Pay attention to emotions and care for life Pacific Insurance has long adhered to the product concept of "four seasons of life, guaranteed, and truly happy", and the company's products not only help customers manage their finances, but also pay more attention to customers' emotions and lives. "Hongfa Niannian" is not only to help customers make money, but also to help them carefully plan the wealth protection of their lives. "Hongfa Niannian" is suitable for parents to insure their children, as a future education fund plan and as a guarantee for wealth inheritance.

The children are regarded as the insured of "Hongfa every year", the premium is low, and the education reserve can be easily saved through the long-term accumulation and appreciation of funds. Buying "Hongfa Niannian" for children can avoid wealth being used up prematurely, and easily create "pocket money for a lifetime" for children. "Hongfa Niannian" is also suitable as a tool for personal financial management, on the basis of capital security, you can enjoy considerable income for a long time, and you can also be exempted from possible inheritance tax, so that wealth can be preserved and last for a lifetime.

The design of Hongfa Niannian's "Wealth Management Plan for Early Return to Principal, Lifetime, Monthly Settlement, and Smart Wealth Management creates long-term and stable income for customers, and is an ideal basic asset allocation tool. For people with retirement planning needs, "Hongfa Niannian" is an ideal tool for pension reserves, which not only achieves targeted pension reserves, but also resists longevity risks, and makes pension income and life equal through actuarial technology. Achieving wealth planning and wealth protection through "Hongfa every year" is an irreplaceable advantage of other financial instruments.

Comprehensive service, enjoy what you want The all-round experience brought by "Hongfa Niannian" to customers is not only a higher income, but also a more comfortable lifelong financial service, it is like a private wealth steward, ready to listen to your various financial needs. This "wealth steward" can help you account for your withheld premiums, so you don't have to worry about paying your premiums regularly every year. If you need to withdraw funds, you can choose to withdraw them at any time at the company's business hall; For customers who have pension income planning or regular fixed payment needs, they can also choose to convert the balance of the universal account into annuity, and the death beneficiary can also convert the death insurance benefit of "Hongfa Niannian" into annuity.

In addition, the main insurance also has flexible liquidity, during the validity period of the contract, if you are in urgent need of capital turnover, you can easily obtain a cash flow through the policy loan function, and you can also use the automatic premium payment function to alleviate the unexpected liquidity pressure.

With its strong financial strength, Taiping Insurance has been selected as one of the Fortune Global 500 for eight consecutive years, and it is a senior insurance company founded in 91. How to evaluate Pacific Insurance Company, mainly look at three questions:

1.Are Pacific Insurance's products worth buying?

Blessing Ankang, Jinfu Life, Lucky Treasure D, Wealth and Wisdom Win-Win, Enjoy Million, etc. are popular products of Pacific Insurance, and the cost-effective analysis of these products I have sorted out in this article:"Seven Products Worth Buying for Pacific Insurance".

Friends who are keen on this company in the Pacific can take a look.

2.Is the service level of CPIC high?

In order to provide consumers with a standard, the China Banking and Insurance Regulatory Commission (CBIRC) has rated the services of insurance companies according to indicators such as complaint rate, claims service, and business handling efficiency, with AAA rating being the highest and D rating being the lowest.

The ratings of Pacific Insurance are as follows:

3.Is Pacific Insurance reliable?

In the fierce competition in the same industry, the company that can make itself rank high will definitely be more reliable. Here's an up-to-date list:Which of the top 10 insurance companies is good.

You can look at which companies go beyond the Pacific.

That's all for me"How should Hongfa's annual income be calculated"All, look!

This is found on the Pacific Ocean**.

Mr. Chen, the manager of a large state-owned enterprise, purchased 2 copies of "Hongfa Nian All-round Regular Investment Annuity Insurance (Dividend)" and "Additional Wealth Steward Annuity Insurance (Universal)" for his son Chen Beibei, who had just been born for 30 days, and chose to receive a life pension at the age of 60, with an annual premium of 20,000 yuan, paid in 10 years, and the basic insurance amount was 30,730 yuan.

Statement of Benefits. 1. Blessing money: From the effective date of the contract and the corresponding date of each subsequent effective date of the contract, Chen Beibei can receive 2,766 yuan per year until life.

2. Birthday payment: When Chen Beibei is 60 years old, he can receive a birthday payment of 200,000 yuan equal to the sum of the insurance premiums paid.

3. Dividends: During the validity period of the policy, you can participate in the company's dividend distribution. Dividend distribution is uncertain.

4. The above-mentioned blessing money, life allowance and dividends will be automatically entered into the additional insurance universal account to participate in the investment settlement and continue to increase in value. Account Value** figures are listed below:

60 years old: 3967315 yuan under the high-end dividend level and high-end universal income; The mid-range dividend level and the mid-range universal income are 1644433 yuan; The low-grade dividend level and low-grade universal income are 490883 yuan.

80 years old: 13579580 yuan under the high-end dividend level and high-end universal income; The mid-range dividend level and the mid-range universal income are 4588251 yuan; The low-grade dividend level and low-grade universal income are 1213352 yuan.

5. Death or total disability insurance benefits.

Main insurance: before the age of 60, the total amount of insurance premiums paid and the cash value are greater; After the age of 60, it is paid in cash.

Incidental: Paid based on the account value of the policy.

The presentation of benefits is based on the Company's refined calculations and other assumptions and does not represent the Company's historical operating results or expectations of the Company's future operating results. The dividend distribution of participating insurance is uncertain, and the part of the settlement interest rate of universal insurance that exceeds the minimum guaranteed interest rate is uncertain. ）

Brother Bao said insurance, focus on insurance evaluation! The Hongfa of the Pacific Ocean seems to be very popular recently, so I will write an article about Hongfa every year! The article is too long, I won't go into details, interested friends take a look at this article Is China Pacific Life good?

What insurance is recommended?

There is no way to determine the benefits, and the specific benefits are ultimately considered by the Pacific internal system based on a number of factors. However, you can take a look at the specific income of blessing money and birthday money.

This product is a comprehensive insurance (participating), which not only has the function of financial management, but also adds protection against death and total disability.

Let's take a look at the general coverage.

This product is 10,000 yuan per copy, you can buy multiple copies, and the payment period can also be selected as 3 years, 5 years, 10 years, 20 years, and the protection period is lifelong, let's analyze the advantages and disadvantages.

Pros:1You can receive a blessing money every year for a lifetime.

You can receive a blessing every year for the rest of your life. For most people, the need for financial investment is sufficient.

2.All premiums can be refunded when you receive a life payment.

In addition to the annual survival insurance benefits, consumers who have purchased Hongfa can receive a life pension equivalent to the total amount of premiums paid, and at the same time, this product will also provide the function of annuity conversion, which can not only ensure the safety of consumers' funds, but also ensure that the quality of life of the elderly is maintained at a high level and improve the quality of life.

3.Death or total disability benefits give people peace of mind.

This comprehensive insurance (participating) product can protect death and total disability, and in case of an unfortunate accident, you can receive the corresponding compensation amount according to the actual situation.

Cons: 1There is a policy dividend income, we do not know the specific amount, it is determined by the insurance company.

2.In fact, if we look at it from the consumer's point of view, the money we have deposited cannot be moved or withdrawn, so what if we withdraw cash by surrendering the policy? This will charge a lot of intermediate fees, which is a loss.

3.The yield of this product is only reflected after the age, and the early income is not obvious.

Summary: In general, this product is considered a medium level, not particularly good, my suggestion is that if you use insurance products to manage your finances, you can buy annuity insurance with a higher yield