Why can t I withdraw 500 yuan from the life insurance universal account?

Looking at the contract, the general insurance company's rule is that a minimum amount must be set aside.

The money withdrawn from the insurance universal account has an impact, and the existence can enjoy compound interest and appreciation, and the part withdrawn cannot be enjoyed, and the insurance universal account only supports partial collection, if the remaining money after receiving is less than the minimum value agreed in the contract, then, the universal account becomes invalid and the protection is terminated.

It is understood that the universal account of insurance has the characteristics of financial management and investment, and the money deposited in it can enjoy the income, and the contract stipulates the first interest rate, which is actually calculated by the settlement interest rate, and the settlement interest rate is usually higher than the guaranteed interest rate.

Universal insurance is a type of premium and sum insured.

Life insurance products that take into account both protection and investment functions, allowing customers to choose flexibly in terms of payment methods and policy denominations. It includes insurance protection functions and sets up a life insurance with a guaranteed expected annualized return investment account, with flexible premium payment and insured amount.

It is adjustable, and the fee is more transparent. According to relevant regulatory requirements, the minimum guaranteed expected annualized rate of return for a universal insurance account.

For. The average settlement expected annualized interest rate for such products in the market today.

Both at 4%. Compared to other types of insurance, universal life insurance is very transparent in terms of fees, and the proportion of premiums paid minus initial fees, protection costs and investment accounts is clearly stated. The insurance company settles the policy account value on a monthly basis (or quarterly for some companies) and publishes the settlement interest rate for the current month (quarter).

There are now two types of universal accounts in the market, one is a universal account attached to the main insurance, and the other is a universal account that is sold separately and independently.

1) Additional Universal Account:

The universal account attached to the main insurance is generally calculated after the income of the main insurance has started to arrive.

For example, there is an annuity insurance policy now.

It starts to be returned in 5 years, and at this time, I don't want to take this money out, and this money can be invested in this additional universal account.

Then, over time, the money in this universal account rolls over at the settlement rate or the guaranteed interest rate.

Most of the additional universal accounts on the market cannot chase the amount independently, and can only be transferred from the account of the main insurance.

2) Independent Universal Account:

This type of universal account is completely independent, and there are few types of this type of universal account in China.

As soon as you put money in, you start calculating the benefits right away.

Therefore, the insurance company will leave a minimum amount in the universal account.

It may be the most basic amount of money in the universal account, just like the previous bank passbook had to deposit 10 yuan, which means a bit of minimum consumption.

The money in the Chinese Life Universal Account can be claimed.

This account is generally an account that can be deposited by a certain type of insurance company that is insured by a certain type of insurance company. More than half is used for annuity insurance and life insurance. This account can be deposited into it and can also be withdrawn, and the minimum guaranteed interest rate for life insurance is currently low.

The interest rate of the money in this account is calculated on a daily basis, with daily interest and monthly compound interest, and I saw on the official website of Life Insurance that the universal account has been above for 5 consecutive years, and it is now.

Extended Information] Universal insurance is a special type of insurance that allows you to partially receive the cash value. However, the income of universal insurance is compounded on the cash value, and if the cash value is too much, it will seriously affect the income and even lead to the termination of the contract. It can be calculated daily interest, monthly compound interest, and annual accumulation of interest 12 times a year, which can allow customers to put their money in the insurance company's account for secondary appreciation.

There are two very important data in the universal account, which are the guaranteed interest rate and the settlement interest rate. Guaranteed interest rate: The guaranteed income expressly agreed in the contract shall not exceed 3% in the current regulatory regulations.

The money transferred to the universal account, including the additional funds we add later, can get a guaranteed return at this interest rate. Settlement interest rate: The actual income of the universal account, most insurance companies will publish it on the official website every month, which is generally higher than the guaranteed interest rate.

The final return of the Magnum Account is calculated at this rate.

Universal accounts are generally only available in financial insurance, such as universal insurance, annuity insurance, etc. Universal insurance is a kind of insurance that integrates investment income, death protection, and critical illness protection, and has multiple protections under one policy, with financial management functions. At present, the guaranteed interest rate of universal insurance on the market is not higher than 3%, not less than, generally floating between this, in addition to the fixed guaranteed interest rate, there will also be a part of the income determined according to the operation of the insurance company, but this part of the income is uncertain.

Annuity insurance has its own, called annuity account, if your annuity expires and begins to return money, you can't use the money temporarily, you can choose to let it enter the universal account, continue to increase the interest, universal and annuity insurance together, you can increase the interest rate.

If you have the following conditions, you can still choose this type of wealth management product: have a stable income; The basic guarantee is well established; Have a wealthy amount of money and have no other investment intentions in the long term; Have a certain sense of investment and risk tolerance, but do not have the time and energy to make other investments; There are medium- and long-term preparations for the return of universal insurance. If it's a young person who buys insurance, I don't recommend buying this.

Because you are young, you can consider a guaranteed product. There is also this universal account is not fixed, and his interest looks like it is actually based on the company's profitability. If the profit is good, the dividend will be relatively high.

The opposite is also true.

"Universal insurance is a kind of life insurance with insurance protection function and a separate policy account, and the policy account value provides a minimum income guarantee, universal insurance has both insurance protection and savings investment functions. There are usually 2 types of universal insurance, universal insurance with regular payment or single payment and universal account with annuity insurance. Universal accounts are generally sold together with annuity insurance, and a universal account is established with a small account opening fee, which is a separate policy account from the annuity.

If the funds in the universal account of the life insurance company are withdrawn, they should be returned after a period of time.

The money in the universal account is the dividend of your own insurance policy, it can be withdrawn, even if you do not mention the shortage, there will be interest, if you want to withdraw it can be withdrawn in the Chinese Life app according to the prompts after authentication, you can also go to the Chinese Life counter to withdraw, you need to bring the identity document of the policy person.

The money in the universal account of Chinese life insurance is generally ** the money deposited by themselves or the money returned by the insurance, which can be withdrawn, but it must be withdrawn within the time specified in the contract, otherwise the insurance company may earn a certain handling fee.

Wealth management with universal insurance, stable and safe income? Doxxing universal insurance!

Universal insurance is a kind of life insurance that includes insurance protection functions and has a guaranteed income investment account, in which this investment account is called a universal insurance account, also known as a universal account.

Generally speaking, the vast majority of universal insurance is a combination of investment account (universal account) + traditional life insurance.

Among them, the main function of the universal account is to add value to the deposited funds for the second time, just like bank deposits, bank deposits have deposit interest rates, and universal accounts also have corresponding interest rates, and the money we deposit will grow according to the corresponding interest rates.

However, if we do not withdraw the money at the corresponding time, the universal account will charge a certain fee, for example, the universal account stipulates that the money deposited in the account must be more than 6 years, and no handling fee will be charged when withdrawing, if the insured withdraws it less than 6 years, a 1% handling fee will be charged, etc.

In addition to the above-mentioned access fees, a guarantee fee will also be set up for the universal account, and a certain management fee will be charged from the universal account every month or year.

How much money can I make by buying universal insurance? Don't be sold, it's a happy ......

Finally, I would like to remind you that different age groups, different economic incomes, future expectations, etc., will affect the insurance plan

How to buy insurance for different age groups? Everyone should have their own plan

That's all there is to it, hope.

The money in the Chinese Life Insurance Universal Account is usually the idle funds we deposit or the money returned by the insurance, which can be withdrawn.

Universal insurance is a product that includes two major functions: investment and protection, which can be both protected and invested. Generally speaking, most of the universal insurance on the market is sold in combination with life insurance, annuity insurance, etc. The simple understanding of universal account is that it is a current account with a guaranteed interest rate, when the policyholder purchases universal insurance, the insurance company establishes an account for it that can achieve secondary value-added.

If you need funds, you can also withdraw the funds in the universal account at any time, but many universal insurance plans usually charge a fee if they are withdrawn in the first 5 years.

If you are interested in universal insurance financial products, you can take a look at this article compiled by the senior sister to help you better understand:Wealth management with universal insurance, stable and safe income? Doxxing universal insurance!

There are two very important interest rates in the universal account: the guaranteed interest rate and the settlement interest rate. The guaranteed interest rate is the guaranteed income clearly agreed in the contract, which is generally the proportion of this range.

This is written in black and white into the contract, that is, the funds in the universal account will at least be compounded according to this interest rate.

The settlement interest rate is the actual income of the universal account, which is the interest rate announced by the insurance company according to the investment income of the universal insurance account and the market expansion strategy. This interest rate is not ***, there will be a certain amount of risk, and the policyholder must be aware of the volatility of investment returns.

Hope.