Someone recommended Ping An Hongsheng Whole Life Insurance Participating, 2004 and Hung 5 to me

First of all, the upstairs person made it clear that Hongsheng and Hongxiang are individual life insurance products provided by Ping An Insurance. The name of the Chinese Life Dividend Product is not like this.

The landlord raised the question of buying Hongsheng or Hongxiang, because I don't know what your current economic situation is, so I can't judge it, but because I have only recently done Hongsheng for myself, I can talk about the method I chose:

First of all, the biggest feature of Hongsheng products is low price and high protection, for friends who have just joined the work, the income is not very high, but they hope to get high insurance protection, it is the most suitable one of Ping An's dividend products, and it is lifelong, after the expiration of the payment period, only the insured is alive, it is valid for a lifetime.

Hongxiang products are suitable for friends who have a certain financial affordability to choose as a supplement to social pension insurance, in order to improve their living standards after aging will not be lower than the current level, but also to provide death protection before retirement. Because a large part of its premiums are equivalent to the existence of insurance companies and enjoy the income of the insurance company's participating products, the premiums are also relatively much higher.

Secondly, for insurance products, the first consideration when buying is not whether it is cost-effective, but whether it is the most suitable for you at the moment. Because I believe that none of us will know what our lives will be like in the next 10 years, but we ourselves know very well what life will be like today.

Third, from the perspective of insurance protection, generally around 25 years old, if you have not yet started a family, the first consideration is how much alimony we will leave to our parents if something happens to a white-haired person sending a black-haired person, after all, they are all only children now, and most of our parents are unable to have children again when we are in our 20s.

Landlords should consider an accident insurance and medical insurance first, it is obviously too early to buy whole life insurance now!

Hongsheng? Hongxiang?

It's Chinese life!

In fact, love for a lifetime is more suitable for you.

If you want to save money to get dividends, it is best to deposit in the bank, the interest is much higher, if you want to buy protection, you can buy Hongsheng, the payment is low, and the protection is relatively high.

Hello, there are two ways to withdraw Ping An Hongsheng Whole Life Insurance (Participating) at the end of the payment period: one is surrender, and the other is partial collection of the policy account value. However, there may be a loss of principal.

1.Surrender. If you choose to surrender the policy, you can get a refund of the cash value of the policy at that time.

The legal basis is as follows:

Under the Insurance Act

Article 47 stipulates: "If the policyholder terminates the contract, the insurer shall return the insurance policy in accordance with the contract within 30 days from the date of receipt of the notice of termination."

The cash value. The insurer is the insurance company, that is, the policyholder (that is, yourself) can request to surrender the policy, and accordingly, the insurance company shall refund the cash value agreed in the contract within 30 days.

For the specific amount of cash value, you need to check the cash value page in the policy for the corresponding cash value of the insurance year, as well as the agreed dividend guarantee interest rate and actual settlement interest rate, if the insurance contract is lost, you can call the insurance company to reissue the contract.

2.Partial claim of the policy account value.

Depending on the contract, you can choose to receive part of the account value of the policy (the account value of the policy here can be understood as the cash value of the policy) and partially withdraw the sum assured for future contracts.

Decrease accordingly. However, after inquiring about the terms of Ping An Hongsheng Whole Life Insurance (Dividend), there is no clause for partially receiving the account value of the policy, so whether you can partially receive it is still necessary to consult the salesman at that time or the insurance company** for consultation.

Finally, if the cash value at the end of the payment period does not exceed the principal, and the family does not urgently need funds, you can choose the most suitable surrender time according to the corresponding cash value each year. Plus, whole life insurance.

It is a personal protection, and you can also choose to keep this insurance for a while.

If you need to specifically analyze the withdrawal time, whether the principal can be exceeded, and whether the policy should be surrendered, you need to do it according to the actual situation of the policy, you can consult a professional insurance person. Hope mine can help you.

Ping An Hongsheng Whole Life Insurance is a participating whole life insurance launched by Ping An Life, which can protect you for life, live to old age, and enjoy dividend benefits, the older you get, the more valuable you are. Since it is a whole life insurance, it cannot be paid for 20 years, and the insurance benefits can only be paid after the death of the insured. If you want to withdraw the insurance in the middle of the policy, you will have to surrender the policy, but if you cannot repay the insurance in full when you surrender the policy, you will lose money.

Below, I will explain why you can't refund the full amount when you surrender the policy?

Surrender is not about how much we pay, but only the cash value of the policy.

This is because, regardless of whether the insurance is out of the way or not, the insurance company has actually paid two costs:

One is the cost of coverage, once the contract is in effect, the insurance company provides you with risk protection. If you are not out of insurance, it does not mean that others are not out of insurance, the essence of insurance is to share the risk equally, and you have to pay the cost of protection for the person who is out of insurance.

Another operating cost, that is, the manpower, customer service and so on provided by the insurance company for you when you buy insurance, are real expenses.

Therefore, the cash value of the surrender of the policy is based on the cost paid by the insurance company.

Therefore, it is not recommended that you take the surrender method to withdraw the cash value of Ping An Hongsheng Whole Life Insurance, because there will be a loss, and second, after the surrender of the policy, the policy contract will be terminated, and the protection will be lost.

If you still have questions about whole life insurance, please scan the QR code to pay attention to Concentrate Insurance, we will answer any questions about insurance for you with professional knowledge, objective, neutral and enthusiastic attitude, so that it is no longer difficult to buy insurance!

Ping An Hongsheng Insurance is a whole life insurance with protection and dividends, which cannot be returned or withdrawn after 20 years, but you can go to the branch counter to handle the dividend withdrawal. With whole life insurance, you can't get out of the money you put in. There are only three types of money that can be obtained, the first is dividends, the second is surrender, and the third is the insurance money after an accident.

Since it is a whole life insurance, the protection period is lifelong, and withdrawing money halfway is surrender, and the cash value of surrender and surrender policy, you can refer to the cash value table. Because money has a cash value, the later you take it, the more you get is true. So, even if you surrender the policy, you can get more money than before, but as for how much, it depends on the interest rate calculated by the insurance company.

If you change the insurance, according to the age of the landlord, you still have to pay for critical illness and accidental injury, and the rest depends on your personal wishes. Most life insurance policies now have some savings and investment functions in addition to insurance protection.

Dividend distribution of insurance:

During the validity period of this main insurance contract, the dividend distribution plan shall be determined annually according to the actual operating conditions of the participating insurance business. Policy dividends are not guaranteed. If it is determined that there is a dividend distribution under this master insurance contract, the dividend will be distributed on the policy anniversary date and you will send you a dividend report for each policy year informing you of the details of the dividend.

You can choose any of the following bonus payment methods when you apply for insurance:

1. Accumulation of interest: Dividends are retained in the company, stored at an annual interest rate, and paid when the application or the termination of the main insurance contract.

2. Offset insurance premiums: dividends are used to offset the insurance premiums payable in the next period, and if there is still a balance after the payment, they are used to offset the insurance premiums payable in the following periods, but the balance is not interested. After the expiration of the premium payment period, the insurance premium payment method will be automatically changed to the accumulation method.

3. Purchase and pay off the increase insurance: according to the age of the insured at that time, the dividend will be used as the net insurance premium paid at one time to increase the basic insurance amount of the main insurance contract.

If the insurance payment period of Ping An Hongsheng Whole Life Insurance (Participating) is 20 years, then the payment for 20 years means that you have fulfilled your payment obligations, but the insurance company's compensation or payment obligations have not stopped, which means that your insurance period has not expired, and the insurance liability has not been terminated, so it is not cost-effective to surrender (withdraw money) at this time. After the insurance is surrendered, the insurance company will no longer bear any insurance liability, and the main function of the insurance product is through risk protection, and the coverage and payment method of different life insurance products are different. If you want to re-apply for insurance after surrendering, you may face risks such as rates** and refusal due to changes in policy age, health status, etc.

I recommend that you think about it carefully. Surrender after the cooling-off period is generally refunded according to the cash value, which is subject to the insurance contract. You can take a look at the cash value table at the end of each policy year at the end of the general insurance contract.

If you have any questions, you can contact the insurance salesman or the official customer service of Ping An Life Insurance at 95511-1 for consultation.

Call 95511 directly and let the Ping An salesman come directly to help you operate.

Summary. Hello, Ping An Hongsheng, after the whole life insurance is fully paid, the equity is only about 80% of the premium paid, which will be close to the premium paid in about five years.

Ping An Hongsheng Whole Life Insurance (Participating, 2004) is fully vested in the rights.

Hello, Ping An Hongsheng, after the whole life insurance is fully paid, the equity is only about 80% of the premium paid, which will be close to the premium paid in about five years.

After the expiration of the insurance period, you don't need to pay any more, but the rights and interests of the insurance will continue to be enjoyed, and the cash value of the insurance contract is getting higher and higher. However, it is not recommended to surrender the policy after the expiration of the payment period, and you can continue to enjoy the protection. It is also possible to wait until the time of urgent need of money before choosing to surrender the policy.

OK. 1. Full surrender:

1.Surrender during the hesitation period: generally there is a hesitation period for the purchase of insurance, and the surrender within the hesitation period is to return the premium in full, only deducting about 10 yuan of the production cost, usually the hesitation period is the contract receipt after the receipt is signed, usually ten days, and the contract will be clearly written.

2.Signed: If some salesmen do not operate properly and the insurance contract is signed, in this case, the application for surrender can be refunded in full.

3.There is evidence: If it can be proved that the ** person violated the operation or deceived the consumer, then you can also apply for a full refund.

2. Return of cash value: If the hesitation period has been exceeded, then only the cash value can be refunded, and the cash value of savings life insurance can be achieved, such as term life insurance with a term of more than one year, long-term consumption critical illness insurance, savings critical illness insurance, comprehensive insurance, whole life insurance, endowment insurance, universal insurance and participating insurance, etc.; Accident insurance, one-year medical insurance, etc., generally have no cash value.

Extended Information:1Ping An Hongsheng Whole Life Insurance is a lifelong dividend-paying product launched by Ping An, which is mainly designed to meet the greatest needs of consumers for lifelong protection rights and asset preservation, and can continuously adjust the existing insurance structure, and attach various additional risks on the basis of the original insurance in a combined way, and at the same time in terms of critical illness protection, it is attached to the prepayment type of critical illness insurance, which can be regarded as filling the gap of Ping An in the dividend critical illness insurance.

2.The characteristics of Ping An Hongsheng Whole Life Insurance (Dividend) are to provide consumers with lifelong protection, after all, providing customers with protection is the essence of insurance, but this product can also choose to reduce the amount when funds are tight, pay in advance for critical illness, and the payment period is flexible and optional, and it also has a dividend function, and the dividends generated can also be offset against the next premium or purchase the payment of increased insurance, or accumulate interest.

3.What are the types of participating products?

Participating insurance is generally divided into two categories: investment and protection, and investment-based participating products are much weaker in terms of protection function, and most of them will only provide death and total disability protection, and cannot be attached to other health insurance. The participating products of the protection category are almost the same as the traditional insurance products in terms of function, but they will focus more on providing disaster protection for the policyholder, and the dividend is only an incidental function.

Investment-type participating insurance is mainly represented by bancassurance, most of the payments are one-time payments, guaranteed for 5 years or 10 years, and the amount of payment in the protection function, if it is an accidental death, the general compensation is 2-3 times the premium paid, and the insurance premium paid for natural or disease death will only be slightly higher than the premium paid.

Most of the protection-type participating insurance products are life insurance products with dividend functions, such as: both dividend insurance, regular dividend insurance, etc., this kind of product focuses more on the protection function of the product, and the dividend is only an additional benefit.

About both insurance, the salesman will definitely not tell you!

From the above figure, we can see that the protection period of Ping An Hongli Insurance (Participating) is lifelong, with 8 exclusion clauses.

Some friends may not know what the disclaimer clause is, so click on the following popular science article to learn about it:

What are the exclusions of insurance and how do you look at them? If you don't understand, you'll suffer a big loss!

There are two types of protection contents: survival insurance and death insurance.

If the insured person is still alive every 3rd anniversary after the effective date of the policy, the insurance company will pay a survival benefit of 8% of the sum assured.

If the insured passes away due to illness within one year from the effective date of the policy, the insurance company will pay the death benefit at the rate of 10% of the sum assured, and the premium paid will be refunded without interest. If the insured person dies due to an accidental injury or dies due to illness one year after the effective date of the policy, the insurance company will pay 100% of the sum assured.

In fact, the death benefit setting of this article is quite good, because the death of some products of the same type on the market only pays the maximum value between the cash value and the premium paid.

In addition, Ping An Hongli Insurance (Participating) also has a variety of practical policy benefits, if you want to know what are the specific policy rights and interests of Ping An Hongli Insurance (Participating), you can click below:

Ping An Hongli has heard that the income is small, and there are so many pits!