Can the happy life of the Chinese life be used as insurance goods

Chinese Life Annuity Insurance (Dividend) supports policy loans, if the policyholder has difficulties in capital turnover, he can pledge the policy he holds to the insurance company, and he can obtain funds according to a certain percentage of the cash value of the policy to tide over the difficulties at this moment, and the practicality is still relatively good.

In addition to the policy loan, what about the other protection contents of China Life Happy Life, let's find out together:

If the insured has a problem with funds during the payment period, but is unwilling to lose this protection, he can use the right to reduce the insurance to flexibly change the sum insured to meet the actual needs of the policyholder.

In addition, China Life Happy Life is a participating annuity insurance product under Chinese Life, and the protection liabilities mainly include care annuity, maturity insurance and death insurance. If the insured survives during the coverage period, he or she will receive the Care Annuity every year as agreed in the contract, and at the end of the coverage period, the maturity insurance benefit will also be paid. In the unfortunate event that the insured passes away during the policy term, the beneficiary of the policy will receive the death benefit.

It is worth mentioning that if you have insured this product, in addition to receiving the annuity at the appointed time, you can also participate in the dividend distribution of the insurance company, but there is a problem of uncertainty in the income of participating insurance.

The dividends of participating insurance, which are called policy dividends in writing, determine the distribution of dividends from the interest rate difference, death difference and fee difference of the policy you own in the current year, and there is a more complex calculation formula. It may be a bit complicated to say this. The biggest impact on the policy dividend is the spread, that is, the insurance company's investment yield, the highest dividend is in 07, and the distribution to customers is in early 08.

The dividends in the next two years are very general, and the calculation of dividends is calculated according to a fiscal year, you are insured in 08 years, if you are insured at the end of the year, such as November 1, you will get dividends in 09 years only in November and December These two months of dividends, dividends are paid in May of the following year. And the account balance used for investment in the first two years is indeed not much, so the income will be a little worse, but the insurance of Happy Life, calculated in the past few years, the annual annuity return amount income is still relatively high. As your payment increases, dividends should also increase, and this year Chinese Life has raised the budget interest rate for dividends and compound interest.

Another suggestion to you, 8 years you have to invest 80,000 yuan, is also a lot of money, after a few more years, when the cash value of the policy reaches a certain height, if there are other relatively high investment projects, you can use the policy to the insurance company to lend 80 of the cash value of the year (view the policy cash insurance regulatory commission on the second page of the insurance contract) with other investments, so as to reduce a small part of the loan interest, but also to get more income without affecting the insurance itself. I also think that the weakness of this insurance is that it has low coverage, which is only a multiple of the cash value. However, because it is an annuity-type insurance that is discontinued in individual insurance, some customers choose to purchase other protection types of insurance with a 20-year term in the form of insurance and maintenance insurance.

You can learn from it. In addition, it is now possible to roll over the card without receiving compound interest every year, and if it is accumulated in this way along with the dividends, by the time you turn 75, there will be a considerable amount of money for you.

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

Hello, glad to answer for you.

Coverage for a lifetime.

Any person who is more than 30 days old and under 60 years old and in good health can be insured by himself or a person who has an insurance interest in him or herself as the policyholder.

Insurance Liability. During the insurance period of this contract, the following insurance liabilities:

1. From the effective date of this contract to the corresponding date of the effective date of the year when the insured reaches the age of 74, if the insured survives, the company shall pay the care annuity according to the following provisions every year on the corresponding date of the effective date of this contract:

Nursing Care Annuity Basic Sum Insured Period (Number of Years) 1%.

2. On the effective date of the year when the insured survives to the age of 75, the Company shall pay the maturity insurance benefit in accordance with the following provisions, and this contract shall be terminated.

Maturity Premium, Basic Sum Insured, Contribution Period (Number of Years).

3. If the insured dies due to illness within two years from the effective date of this contract (or reinstatement), the company shall pay the death insurance benefit according to the insurance premium paid (excluding interest), and this contract shall be terminated; In the event of the death of the Insured due to accidental injury or death due to illness two years after the effective date (or reinstatement) of this contract, the Company shall pay the death benefit according to the following provisions, and this contract shall be terminated.

Death Benefit Basic Sum Insured Number of years of premium payment at the time of death 110%.

If you are satisfied, please ask us.

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

Happy Life is an annuity insurance launched by Chinese Life, which supports the insurance age from 30 days to 60 years old after birth, and the payment period can be selected from 3 5 10 years, in addition, it also has the right to policy dividends.

The following is a brief introduction to the guarantee content of this product.

How is Chinese life, what products, which is good, what are the pits, in-depth analysis.

Without further ado, let's first take a look at the product protection chart of Happy Life:

The Care Annuity of Marvel Life Annuity Insurance can be received until the effective date of the year before the expiration of the policy term, and if the insured survives during this period, the Care Annuity can be received regularly every year of the basic sum assured x payment period x 1%. And the specific amount of money that can be received has a lot to do with the payment period.

For example, if you have an insurance amount of 50,000 yuan, if you choose to pay it for 10 years, you can receive a care annuity of 5,000 yuan per year, and if you pay it for 5 years, you can receive 2,500 yuan per year. It is not difficult to see that if you want to receive a little more money each year with the same sum insured, you have to choose a longer payment period, and vice versa.

Is annuity insurance good? Are there any pits? What are some good products?

In addition, Marvel Life Annuity Insurance also has the right to policy dividends, and the insurance company will determine the dividend distribution plan every year according to the actual operation of the participating insurance business in the previous fiscal year. It's just that how much this dividend is, and whether there is one, can only be known when we get the dividend notice. In other words, dividends are uncertain.

Before buying insurance, you must first understand these key knowledge points.

Hello, for your question [what is the choice of at least one insurance policy for Chinese Life] for you to answer the following questions. A life insurance policy, also known as a life insurance policy, refers to a written document that concludes a life insurance contract between the insurer and the policyholder, which is the basis for the policyholder and the insurer to perform their obligations and enjoy their rights. Life insurance adopts the method of "balanced insurance premium" to collect insurance premiums, which makes the policyholder's actual premium higher than the risk premium, and the excess part is kept by the insurer on behalf of the insurer, and the interest is increased through the investment operation of the insurance.

At the same time, in life insurance, survival or death is regarded as the occurrence of an insured event, and the insurer needs to pay insurance compensation. It is the above two reasons that make life insurance have the general characteristics of savings, that is, the return of funds and income, and the life insurance policy has a cash value.