Is Tianan Life Insurance reliable for 5 years?

Tian An Life. Enjoy Life is an annuity insurance.

The product is the China Banking and Insurance Regulatory Commission.

Approval is not until it can be marketed, so the product itself is compliant. In addition, this product is a pension product that can provide a stable cash income. For example, at the age of 40, you choose to apply for Tianan Life Insurance, choose to pay for 5 years, pay 1 million yuan per year, and the basic sum insured.

It is 10,000 yuan, and the product is guaranteed for life.

Then from the age of 60, you can receive an annuity of 10,000 yuan every year until life. However, if you unfortunately die at the age of 85, you have already received 10,000 yuan before, and at the same time, you will be compensated for the death insurance benefit. In this way, it seems that it is more reliable to pay for 5 years of life in Tianan Life.

Extended information: 1. Enjoy life annuity insurance.

What are the benefits?

Regarding the specific protection content of Yixiang Life Annuity Insurance, we need to know what they are:

1. Pension.

Enjoy Life Annuity Insurance: You can start receiving an annuity when you are over 60 years old.

Here are two ways to receive an annuity:

One is annual payment, which is received once a year and receives 100% of the basic sum insured;

The second is the monthly payment, which is received once a month, and you can get the basic sum insured.

The insured chooses the most suitable payment method according to the actual needs.

2. Death benefit.

After the death of the insured, Joy Life will provide the death benefit, which is the actual premium paid by the insurance company and the cash value of the insurance policy at the time of death.

Choose between the two which will pay the death benefit that is larger.

2. What are the advantages and disadvantages of enjoying life?

1. The advantages of enjoying life:

Flexible ways to receive annuities.

In terms of annuity collection methods, there are two different types of Yixiang Life Annuity Insurance, which can be said to be great compared to those annuity insurance products that can only be received annually.

And the annual sum assured can reach 102% of the basic sum assured in the monthly payment, which will exceed 2% compared to the annual sum assured received in the year, which is still very cost-effective from this point of view.

The senior sister suggested that the monthly payment should be the first way to receive it, so that the amount received will be higher than other receiving methods.

2. The disadvantages of enjoying life:

The coverage of the annual coverage is small.

In terms of insurance age, the life annuity insurance is 28 days to 59 years old, which is a small range, so the needs of different customers cannot be met in terms of insurance needs.

Most of the products of the same type on the market can be insured up to the age of 65, such as the well-known Jingfu Pension Insurance.

The age range of Yixiang Life Annuity Insurance is small, and the insurance needs of people aged 60 and above cannot be met, but Jingfu Elderly Pension Insurance can do it, if you are more curious about the relevant protection content of Jingfu Elderly Pension Insurance, you can read the following:

The pension age is set unreasonably.

The provision of Joy Life Annuity Insurance stipulates that no more than 60 years old cannot receive a protection annuity, which is quite unreasonable.

Now the retirement age of women is earlier than that of men, everyone knows it, and the age of ordinary retired women is 55 years old, but the limit of Yixiang Life Annuity Insurance is limited to being allocated to the annuity at the age of 60, which means that women will not receive an annuity in the 5 years of retirement.

Summary. 2. If you want to withdraw money halfway, the insurance company will refund all the sum insured during the hesitation period, and basically only deduct its production cost, if it is withdrawn outside the hesitation period, it will only refund the cash value of the policy, and the loss is relatively large. Tianan Life, enjoy life, you can receive a survival fund after 5 years, but the principal cannot be received.

Annuity insurance is paid in installments, guaranteed for life, returned to the universal account in installments, daily interest, monthly compound interest, accumulated interest, can be partially received, but after receiving it will affect the principal of compound interest calculation, as long as possible to retain a little longer, the value-added rate is fast, insurance annuity is a medium and long-term financial management.

Dear Hello, I am honored to answer for you Tianan Life Insurance (5 years payment) can be taken out. 1. There are two ways to withdraw money from Tianan Life Insurance, one is the survival annuity, and the other is the death insurance, and the time for receiving the survival annuity is the statutory retirement age, that is, whether you buy insurance at the age of 20 or 30, you cannot withdraw money without reaching the agreed age.

2. If you want to withdraw money halfway, the insurance company will refund all the sum insured during the hesitation period, and basically only deduct its production cost, if it is withdrawn outside the hesitation period, it will only refund the cash value of the policy, and the loss is relatively large. Tianan Life, enjoy life, you can receive a survival fund after 5 years, but the principal cannot be received. Annuity insurance is paid in installments, guaranteed for life, returned to the universal account in installments, daily interest, monthly compound interest, accumulated interest, can be partially received, but after receiving it will affect the principal of compound interest calculation, as long as possible to retain a little longer, the value-added rate is fast, insurance annuity is a medium and long-term financial management.

Of course, it is a problem of being able to surrender the policy, and it is a matter of losing a large amount of money after surrendering, which is really not cost-effective。This is a very typical pension insurance, which can protect life, many people feel that it is not very cost-effective after buying this insurance, so they want to surrender the policy, in fact, they can indeed surrender the policy at this time, we only need to go to the business hall with the relevant documents to handle it, but the problem is that it is impossible to refund all the premiums after surrendering, and we only get the cash value of the policy.

The so-called cash value of the policy is actually an amount obtained after deducting all expenses such as insurance value, interest, service charge, salesman's commission, etc. If the policy is surrendered during the cooling-off period, then the insurance company will refund the premium in full and terminate the contract, but if the cooling-off period has passed, there will definitely be a certain loss, after all, it is the policyholder who defaults first, and the insurance company is unlikely to bear so many additional losses.

This insurance is very simple and straightforward, it is a long-term pension financial insurance, but for many people, this insurance is really not suitable as their first insurance, or the only insurance. This insurance can provide a guarantee for many people's old age, but the annual premium paid is not low, if you can use these premiums to manage your finances, maybe your old age life will be more secure. As for the final death benefit, I don't think it's very useful, are you just buying this insurance to give some comfort to your next generation?

So no matter what, we should first buy insurance to focus on critical illness or accident, you must know that illness and accident are the two most difficult things, pension or education we can prepare in advance for the time being, but how should you deal with sudden illness and accident? And once it happens, it will cause a great burden on your own family. Not only can they not be compensated by the insurance company, but they also need to pay high premiums every year, which is simply worse for the family.

It is possible to surrender the policy, which means that the insurance policy is cancelled and the insurance is no longer purchased. According to what you said, saving more than 10,000 yuan a year is more like annuity insurance, this kind of product has not generated income in the first two years, and now it is estimated that you can only get back less than half of the premium, and the loss is very large, so you should consider it carefully.

Specifically, the consumer and the insurance company reach a consensus to terminate the legal relationship of the contract between the two parties in accordance with the prescribed procedures, the insurance company will no longer bear the insurance liability to the consumer, the consumer will no longer pay the premium, and the insurance company will also refund the premium paid by the consumer or the cash value of the policy (as the case may be).

Therefore, if the policy is surrendered for a short period of time, the cash value of the policy is very low, and the surrender at this time will result in a greater financial loss.

However, if the policy is surrendered for a long time, the cash value is already considerable, the surrender loss is not so large, and some types of insurance may exceed the sum insured if the policy is in effect for a particularly long time.

Therefore, if consumers surrender the policy after the hesitation period, then they must think carefully first to avoid excessive economic losses.

Extended Information: Surrender after the cooling-off period:

If the consumer chooses to surrender the policy at this time, then there will be a certain economic loss.

And as long as the cooling-off period has passed, no matter how long it has been, even if it is a few minutes or hours, the insurance company will directly determine that the policy is surrendered after the cooling-off period. After the cooling-off period, the surrender insurance company usually only refunds the present value of the policy"> cash value.

The cash value of the policy, i.e. the residual value that can be obtained by giving up the policy, is the value of a life insurance policy with a savings nature.

The cash value of the policy is generally written in the insurance contract, and the cash value of the policy is usually related to the payment time, and the longer the policy is in effect, the higher the cash value.

Tianan Life enjoys life, 10,000 a year for 5 years, and now it can be surrendered in the second year. If you have paid for two years, you will be refunded the premium according to the cash value table for the second year. Only 60% of the total premium can be refunded, and it is not cost-effective to lose a part of the amount.

It can be refunded, but it will be refunded according to the data on the cash value table, that is, the refund in the second year is not enough for the principal. I also have this product, you pay 10,000 yuan a year, and pay for 5 years. At the end of the fifth year, the cash value can be refunded 54,100 yuan. The interest for these 5 years is 4100 yuan.

You can get it back in the second year, but it won't be refunded to you at the original price, some deposits will be deducted, and not all the fees will be returned, which is not cost-effective, so it's best not to refund.

The policy can be surrendered in the second year, but the relevant handling fee will be lost. It's a bit more than worth it.

The policy can be surrendered, because if the policy is surrendered, at most, you can't get the insurance, and the principal can be recovered, so you can surrender the policy.

OK.

1. Survival Annuity 1. If the payment period you choose is five years, during the period from the effective date of the fifth policy of this contract to the corresponding date of the fourteenth effective policy of this contract, if the insured survives at zero hours on the corresponding effective date of each policy, the survival annuity shall be paid at 10% of the insurance premium actually paid by this insurance; From the fifteenth effective date of this contract and thereafter, if the insured survives at 0:00 on the corresponding date of the effective date of each policy, 100% of the basic insured amount of this contract will be paid.

2. If the payment period you choose is 10 years, during the period from the corresponding date of the 10th policy to the corresponding date of the 19th policy of this contract, if the insured survives at 0:00 on the corresponding date of the effective date of each policy, 10% of the insurance premium actually paid by this insurance will be paid; From the corresponding date of the twentieth policy of this contract and thereafter, if the insured survives at 0:00 on the corresponding date of the effective date of each policy, a survival annuity shall be paid at the rate of 100% of the basic insured amount of this contract.

2. In the event of the death of the insured, the death insurance benefit shall be paid according to the greater of the following two, and this contract shall be terminated: 1. The insurance premium actually paid by this insurance shall be deducted from the survival annuity received; 2. The cash value of the insurance policy at the time of the insured's death.

Summary. Tianan Life Happiness Life Annuity Insurance is a long-term pension financial protection product, which does not change after the purchase of 60 years old, and does not receive annuity, and there is also protection in death. The term of this Tianan Life Annuity Insurance is lifelong, and the payment method is agreed with the insurance company, and the insurance age is from 0 to 59 years old.

Tianan Life Happiness Life Annuity Coverage: Pension On the effective date of the policy at the age of 60, the insurance company will pay an annuity of 100% of the basic insurance amount of the contract. Summary: Is it reliable to pay Tianan Life Annuity for 5 years?

If you buy Tian'an Life Insurance for 5 years at a time, to put it bluntly, it means that you can be supported in old age, medical treatment for illness, insurance for life, treatment for injuries, and gains for loss.

Can I withdraw the insurance benefit (paid in 5 years) when it expires?

Hello, dear. We're happy to answer your <>

There are two ways to withdraw Tianan Life Insurance Premium, one is the survival annuity, and the other is the death insurance benefit.

If you want to withdraw money halfway, if you withdraw the money during the hesitation period, the insurance company will refund all the sum insured, and basically only deduct its production cost.

Tianan Life Comfort Life Annuity Insurance is a long-term pension financial protection product, which does not change after the purchase of 60 years old, and there is no protection for death. With regrets, the payment method is agreed with the insurance company, and the insurance age is from 0 to 59 years old. Coverage of Tian An Life Annuity Benefit:

Pension At the age of 60, the insurance company will pay 100% of the basic insurance amount of the contract on the corresponding date of the effective date of each policy. Summary: Is it reliable to pay Tianan Life Annuity for 5 years? If you buy Tian'an Life Insurance for 5 years at a time, to put it bluntly, it means that you can be supported in old age, medical treatment for illness, insurance for life, treatment for injuries, and gains for loss.