How about Xintai Ruyizun 2 0 this product? Has there been any change in revenue since it was upgrade

Not long ago, Xintai Ruyizun removed the version with a payment period of 10 years and above, but before half a month arrived, it released news to launch an upgraded version of Xintai Ruyizun. So let's talk to Daddy today to see what this product has upgraded?

Regarding increased whole life insurance, this article must be checked:

Can you manage money with life insurance? Increasing Whole Life Insurance to find out

Basic Information. Compare content.

As an upgrade of Ruyizun, Ruyizun mainly has the following changes:

Change 1: Reinstatement of the payment period of 10 years or more

Ruyi respects the new 10-year-old and above payment version, but the older you are, the fewer payment periods you can choose:

After the age of 60, you cannot choose to pay for 20 years, after the age of 65, you cannot choose to pay for 15 years, you cannot choose to pay for 10 years after the age of 70, and you can only choose to pay in a lump sum after the age of 75.

For example, for a 30-year-old man, the total premium is $1 million; In order to keep the total premium the same, 100,000 yuan per year for 10 years and 200,000 yuan per year for 5 years, which is 1 times more than the annual premium.

If the annual premium of 100,000 yuan remains unchanged, the sum insured is different for different payment periods

Pay in 10 years, a total of 1 million, and the basic insurance amount is 862551 yuan; If you pay it in 5 years, you will pay a total of 500,000 yuan, and the basic insurance amount will be 467833 yuan, which will be reduced by half. Therefore, different payment periods still have an impact on the final income; This time, the payment period of 10 years or more has been restored, which can allow people with average budgets to exchange higher returns through time compounding.

Change 2: Cancellation of Aviation Accident Benefit

If the insured suffers from an accident on a commercial airliner, the insurance company will pay the basic sum insured.

Ruyizun canceled this protection responsibility and turned it into a "pure" life insurance product, no longer linked to "accidents".

Change 3: The agreement on the addition and reduction of insurance is no longer detailed

Ruyizun's agreement on the addition and reduction of insurance only left the following text:

If the sum insured needs to be changed in the later stage, the insurance company will calculate and assume responsibility according to the changed sum insured.

Change 4: Decrease in upfront cash value

The comparison of cash values is shown below:

As can be seen from the chart, the cash value of Ruyizun in the first 3 years of the policy is lower than that of the version; Especially in the first year of the policy, it is almost half of the version. However, by the fourth year of the policy, the cash value of Ruyizun has exceeded the version, but overall, the gap is not large.

Change 5: The effective time of the reduction is extended by one year

The reduction payment is extended from 2 years after the original contract has entered into force to 3 years after the expiration of the contract. However, it is also understandable, after all, the cash value in the early stage is relatively low, and the reduction is of little significance.

Daddy concluded

In general, this product is still good, with stable and safe income, flexible insurance, and is more suitable for people with savings plans and inheritance. However, the dad still has to remind that before buying this kind of financial insurance, you should first configure other protection insurance for yourself, because only when your health is guaranteed, financial management is meaningful.

Cindat Ruyizun Whole Life Insurance is an increased whole life insurance product launched by Cindat Insurance, which is upgraded from the original Ruyizun, and the original version will be called Ruyizun. Daddy directly goes to the comparison table to see what changes have occurred before and after the upgrade Related product benefits can refer to this article"How about the yield of Xintai Ruyizun? Is it worth buying?

In-depth evaluation and analysis

It can be seen that after the Ruyizun upgrade, there are mainly the following changes:

1. Payment method.

Ruyizun has taken off the 10-year and above payment method in a high-profile manner, and only retains the single payment for 3 years and 5 years. Ruyi Respect has newly reinstated the payment method of 10 years and above, but for the time being, you can only choose to pay for 3 years, 5 years and 10 years.

2. Aviation accident protection has been cancelled.

Ruyi Zun includes the liability for total disability protection in aviation accident death, as shown in the figure below

When it came to Ruyizun, this protection was directly canceled.

3. Weakened the provisions on the addition and reduction of insurance.

Ruyizun has a clear agreement on addition and subtraction.

Top-up rules: <>

Reduction rules: <>

It can be seen that Ruyizun's rules for adding and subtracting insurance are relatively flexible.

And after being upgraded to Ruyizun, the rules of adding and subtracting insurance have become like this:

That is to say, Ruyizun still supports the addition and reduction of insurance, but the specific operation must be in accordance with the rules of the insurance company in actual operation.

4. The effective time of the reduction is extended.

The reduction of Ruyizun has been changed from 2 years after the original version of the contract has taken effect to 3 years after the contract has taken effect.

In general, after the Ruyizun upgrade, it is still a good increased whole life insurance product. Especially for those who wanted to buy Xintai Ruyizun before, but stopped because it was removed from the long-term payment method, it is now a new opportunity.

Whether compared with its "predecessor" or other similar products, its later earnings are good. Friends who have already bought Ruyizun don't have to worry about it, after all, the two versions have their own characteristics.

Xintai Ruyizun has been discontinued, but you don't have to be discouraged, Xintai Life's Ruyizun series still has products on sale, such as Xintai Ruyizun (new version) whole life insurance.

This product is more reliable, but whether it is worth buying depends on personal insurance needs.

Before entering the text, friends who lack trust in the insurance company of Cindat Life Insurance can take a look at this article first:Cindat Life Insurance's strength is very strong, is it worth buying Internet celebrity products?

In terms of protection, Xintai Ruyizun (Renewed Version) Whole Life Insurance covers general death and total disability insurance, aviation accident death and total disability insurance, and major natural disaster accidental death and total disability insurance, which can provide value protection for the insured.

Secondly, in terms of financial management, starting from the second policy year, the effective sum assured of Cindat Ruyi Zun (Renewed) Whole Life Insurance will increase with compound interest annually for each policy year, while the cash value will continue to rise.

When the cash value rises to a certain height, the insured can withdraw the cash value through policy reduction, surrender, etc., and obtain income. Hope.