How is the interest calculated on Cathay Hung Fortune Insurance Participating ?

It's hard to say.

Hongfeng's insurance liability is as follows.

1 Maturity Insurance Benefit The Company shall pay the maturity insurance benefit according to the basic insurance amount if the insured survives until the effective date of the year after the expiration of the insurance period, and this contract shall be terminated.

2. Death due to illness within one year The company will pay the death insurance benefit according to the insurance premium paid (excluding interest), and this contract will be terminated.

3. Death due to illness after one year Death benefit = basic sum insured.

4. Accidental Death Death Benefit = Basic Sum Insured 3

Dividends During the validity period of this contract, the Company shall determine the dividend distribution plan every year based on the actual operating conditions of the participating insurance business in the previous fiscal year, subject to the provisions of the insurance regulatory authorities. If the Company determines that there is a dividend distribution under this contract, such dividend will be distributed to the policyholder.

Period of insurance. The insurance period is divided into five years and ten years, and the policyholder can choose one of them as the insurance period of this contract, but the age of the insured shall not exceed 65 years old at the expiration of the insurance period.

Affected by the financial crisis this year, the dividends of insurance companies will not be high. However, compared with banks, insurance interest rates are still relatively high.

Participating insurance is still insurance, if you only consider the rate of return, it is better than the dead bank. It is not an investment project that can make money quickly.

Risk protection is the fundamental role of insurance, and it is not bad to make a little profit.

If you're more focused on the investment part, it's better to consider something else

Hello! I'm a Chinese shou! Hongfeng and Hongtai are also our best-selling products!

The dividends are uncertain, but in general, the yield will be higher than the bank's five-year fixed interest rate over the same period! The income of these two products made in the past few years is higher than the bank's five-year fixed interest rate in the same period! But it won't take it out until 5 years later! ~.

Dividends are not fixed, and the annual dividends are determined by the company's financial position in the previous year. That is, if the company made a lot last year, then your dividend will be high.

Affected by the financial crisis this year, the dividend level of insurance companies should not be high. However, when the economic form is better, the dividends are still good.

The 5-year term of Chinese Life Insurance China Life Sun Hung Tai Insurance (Participating Type) is as follows:

1, Chinese Life Insurance China Life Sun Hung Tai Liangquan Insurance (dividend) is a participating insurance, the income is not fixed, even if it is stored for five years, the cash value of the insurance, there is no high fee paid, and the return after maturity is the money paid plus the income, but the income is not fixed. The earnings cannot be compared with the bank term for 5 years.

2. Buying insurance is not equal to financial management, insurance is mainly protection, when an insurance accident occurs, insurance can help a lot. Insurance dividends are only incidental, and only after maturity, the cash value of the insurance will be higher than the fees paid. In the event of an insured event, if you do not buy insurance, you may need a fixed deposit from the bank.