The basic premium of universal insurance cannot exceed how much

There is generally no maximum limit on the basic premium of universal insurance, and the regulations of different products are different, so you can apply for insurance according to your actual situation. If you have plans to buy insurance, it is recommended to first understand what are the more popular products, you can click on this article to understand: [link]{Top 10 [worth buying] universal insurance** points!

After the policyholder purchases universal insurance, the insurance company establishes an account for him, and the universal account is a platform to realize the "universal" of universal insurance. The accounting of the value of the account, the collection of fees, the cost of guaranteeing, and the growth of income are all realized through this account.

1. One-time insurance premium paid at the time of insurance;

2. The additional insurance premium in the later stage after insurance can be transferred from the survival fund of the main insurance or paid extra.

Universal accounts generally involve three concepts: the demo interest rate, the settlement interest rate, and the guaranteed interest rate.

Guaranteed Interest Rate: The guaranteed interest rate is the interest rate specified in the universal account contract, if the final actual settlement interest rate is lower than the guaranteed interest rate, then the insurance company will make up the difference to your universal account.

Predetermined interest rate: When the salesperson gives us a plan, he often uses an interest rate to show how much income the universal account can earn, and this interest rate is the predetermined interest rate. Some friends usually regard this predetermined interest rate as their future income, which is also something that everyone needs to pay special attention to.

Settlement Rate: Subject to change and uncertainty every month of the year, the settlement rate is the actual interest rate calculated each time the universal account is settled.

If you still don't understand whether you should buy universal insurance after reading it, here is a piece of information, it is recommended that you can take a look at it first: [link]{Use universal insurance to manage money, the income is stable and safe?} Doxxing universal insurance!

None of them are professional! The basic premium of universal insurance shall not be higher than the sum insured divided by 20 and shall not be higher than RMB 6,000.

There is an upper limit on the premium, but there are regulations on the amount insured, and the amount of insurance is too high, and you have to have a physical examination, a survival survey, etc., and the insurance rules of each company are different, so you should plan according to the insurance rules of the company you insured.

There is no upper limit on the premium, if the insurance amount is high, you need to have a physical examination, generally 30w, and there will be a reference to the income, and this part will be relaxed during the good start

Is there such a cap?

The premium is greater than the sum insured.

Whether it is necessary to purchase insurance, it needs to be based on the actual situation of the insurance, the general premium is greater than the insured amount: the scope of protection exceeds the scope of conventional protection (the insured is beyond the scope of insurance company), the premium is less than the amount insured: the coverage is within the scope of insurance, when the risk of the insured is greater than the risk underwritten by the insurance company, you can consider not insuring, and when the risk of the insured is less than the risk underwritten by the insurance company, you can consider not insuring.

Test your anti-risk index, experts will interpret it for you for free!

Universal Insurance. It is a universal savings life insurance product, which refers to a life insurance that can arbitrarily pay insurance premiums and adjust the amount of death insurance benefits at will. In other words, in addition to paying a certain minimum amount of the first instalment, the policyholder can pay any amount of premium at any time and increase or decrease the amount of the death benefit at will, as long as the accumulated cash value of the policy is sufficient to cover the costs and expenses of subsequent instalments.

And, the cash value of the universal insurance.

The calculation has a minimum guaranteed interest rate, which guarantees the lowest yield.

Currently CIRC.

The maximum guaranteed interest rate shall not be exceeded, and this amount shall be exceeded. ）

Although, universal insurance is very flexible (flexible payment, flexible receiving, sum insured.

Flexible), but usually when buying universal insurance, most people will still recommend customers to pay more stably and receive the old age in a planned way. Universal insurance can play a role in both protection and compound interest savings, and the income of personal accounts is closely related to the actual operating income of the company on the basis of the collapse of the minimum guarantee.

There are generally three types of protection amount design of universal insurance: insurance premium, investment account value, insurance premium and account value coefficient, whichever is larger, and one of the coefficients of insurance premium or account value. Due to the different designs of the guarantee amount, different types of products have been formed:

Heavy protection type: the amount of insurance.

High, high deduction in the early stage, small funds in the investment account, and large surrender loss in the early stage. Such as Sino-British Life.

The "Golden Pineapple Section B", the sum insured is 50 times the premium, and the initial deduction is as high as 65, which is suitable for young and middle-aged people who have no other risk protection but have a certain investment risk tolerance awareness and ability, but to ensure long-term holding.

Heavy investment: low insurance amount, less down deduction, more funds in the investment account, and less surrender loss. For example, ING Pacific Aetna's "Wealth Life", the maximum amount of insurance can reach 5 million, and the initial deduction is only 5%, but because of the use of natural rates, the risk premium of young people is very low, which can not only be used for high protection, but also play a role in replacing savings for value preservation.

Another example is New China Life's "Proud Finance", the sum insured is 110 of the policy value, and the initial deduction is only. It is suitable for people who are financially conservative and protect their risks through other insurance products. Features of Universal Insurance:

1.All-round - financing guarantee and investment 2Variable – Flexibility to adjust premiums and sum insured3

Additional benefits - a variety of riders reduce the rate by 4Long-term protection and financial benefits.

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

Universal insurance does not impose a maximum limit on the basic premium, which is subject to the terms of the insurance product.

Under normal circumstances, the senior sister recommends that the total annual premium expenditure account for about 10% of the annual income, which is more reasonable. How to buy insurance, and how much to buy, you can take a look at this article: [link]{How much insurance is appropriate?}

Let's talk about the doorway inside.

Universal insurance has a financial management function, and has a guaranteed income, the most important thing is to help us save money flexibly, if you have more money in hand, you can add to the universal account at any time to earn interest. After listening to it, do you feel very excited, do you want to know what universal insurance on the market is more cost-effective? Senior sister immediately recommends this list for your reference:

link]{ Top 10 [worth buying] universal insurance points! }

However, universal insurance is a type of financial insurance, if the budget is limited, the senior sister does not recommend that you give priority to this kind of financial insurance. Generally, the principle of buying insurance is to protect first and then manage money, that is to say, we first buy protection insurance, such as critical illness insurance, medical insurance, accident insurance and life insurance, etc., and then consider financial management insurance such as universal insurance, which is the most correct way to allocate insurance.

So, how to buy protection insurance? What's the difference? The following article can be explained, it is recommended to collect: [link]{ What is the difference between critical illness insurance, medical insurance, accident insurance, and life insurance? } Will there be a conflict when making a claim?

There is no hesitation period for Shanghai medical insurance critical illness insurance, and there is usually a hesitation period if it is a commercial critical illness insurance.

Shanghai Medical Insurance Critical Illness Insurance is an insurance purchased with the balance of the medical insurance card, which belongs to social insurance and cannot be surrendered, so there is no hesitation period.

Many people are confused when they buy insurance, and when they need to use it, they find out that they bought the wrong one, at this time, they will consider the surrender, about the surrender of various problems, the senior sister has sorted out in this article: How to surrender insurance, how much can you surrender, how to reduce surrender losses?

The setting of the insurance hesitation period is to give consumers a chance to "regret", if they do not meet, they can request surrender during the hesitation period, and most products have provisions in the terms: surrender during the hesitation period, generally deduct the cost of production or directly do not deduct the fee.

The hesitation period for some products is 10 days, and for some products is 15 days, which may be different for different insurance products, and the insurance terms shall prevail. In order to avoid buying insurance in a daze, the senior sister will send you an insurance knowledge manual, and you will be interested: Before buying insurance, you must first figure out these key knowledge points!

If the policy is surrendered after the cooling-off period, the policyholder will generally only get back the cash value of the policy, and if the policyholder surrenders the policy in the middle of the policy, especially in the first two or three years, the policyholder will bear most of the financial loss. If you want to know more about the details of surrender, you can poke this dry article, which is very clear: what details should be paid attention to when surrendering insurance?

Ping An has several universal insurances.

The additional single payment fee is generally between 2-5%.

The sum insured of universal insurance.

It can be adjusted by yourself, according to your own requirements to set, Ping An salesman will generally set the insurance at more than 120,000 yuan when you are insured in order to get a commission (universal insurance is more special, commission and the amount of insurance is related), in fact, if you are just to save money, do not need to use the universal insurance account to do protection, you can adjust the amount of insurance to the lowest, the general minimum amount of insurance can be adjusted to about 2000-10000 yuan, each product, each company will be different in the limit.

The universal insurance account will deduct you from two parts of the fee: 1 administrative fee.

Generally, it is 3-8 yuan a month, which can not be saved, 2, the risk premium, as the name suggests, is the premium you need to pay for the amount of insurance you set, and the premium is deducted from your account, so the higher the amount of insurance, the higher the premium.

You can take a closer look at your insurance contract, these contracts I have been searching for will be clearly listed, but the language will be contractual.

Coming back to your question, it is entirely up to you whether the sum insured of your universal insurance will increase or decrease, or it can remain the same.

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

Ping An has several types of universal insurance, and the additional handling fee is generally between 2-5%.

The amount of insurance can be adjusted by yourself, according to your own requirements to set, Ping An salesman will generally set the insurance at more than 120,000 yuan when you are insured (universal insurance is more special, commission and the amount of insurance is related), in fact, if you are just to save money, do not need to use the account of universal insurance to do protection, you can adjust the amount of insurance to the minimum, the general minimum amount of insurance can be adjusted to about 2000-10000 yuan, each product, Each company will have a different qualification.

The account of universal insurance will deduct two parts of your fees: 1 management fee, generally 3-8 yuan per month, which can not be saved, 2, risk premium, as the name suggests, is the amount of insurance you set corresponds to the premium you need to pay, and the premium is deducted from your account, so the higher the amount of insurance, the higher the premium.

You can take a closer look at your insurance contract, and the contracts I mentioned will be clearly listed, but the language will be contractual.

Coming back to your question, whether or not you want to increase the sum insured of your universal insurance is entirely up to you, which can be increased, decreased, or left unchanged.

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

Universal insurance refers to life insurance that includes insurance protection functions and has a guaranteed return investment account. It has the following main characteristics: First, the payment is flexible and the fee is transparent.

Generally speaking, after the initial premium is paid, the policyholder can pay the premium in an irregular and irregular amount. At the same time, the insurance company clearly states the fees charged to the policyholder. Second, it is highly flexible and the sum insured can be adjusted.

Account funds can be withdrawn flexibly under the conditions agreed in the contract. As agreed in the contract, the policyholder can usually increase or decrease the amount of insurance. Third, guaranteed income and regular settlement.

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

In addition to deducting 5% of the initial cost of the additional premium, the additional premium should also be deducted from the cost of protection.

The money in the universal account is calculated with interest and compound interest every month, and the monthly interest rolls into the principal to continue to calculate interest, rolling 12 times a year, and the current interest rate is relatively stable.

Conditions for additional premiums:

You can pay the additional premium at any time if the following conditions are met:

1) It is agreed that the insurance premium to be paid in each policy year shall not be less than 6,000 yuan;

2) The insurance premiums paid in the previous periods and the current period have been paid;

3) The additional insurance premium to be paid each time shall not be less than 1,000 yuan, and shall be an integer multiple of 100 yuan.

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