What is the minimum sum insured for whole life insurance in Singapore branch?

Universal insurance is a type of insurance product. In addition to providing life protection like traditional life insurance, customers can also directly participate in the investment activities of the funds in the investment account established by the insurance company for the policyholder, and the policy value is linked to the performance of the policyholder's investment account funds operated independently by the insurance company.

Most of the premiums are used to purchase investment account units set up by insurance companies, and investment experts are responsible for the transfer of funds in the account and investment decisions, and invest the funds in various investment vehicles.

Xueba talks about insurance, focusing on insurance evaluation! Before buying universal insurance, it is recommended that you shop around, and this universal insurance ranking list can definitely help you:"Top 10 Popular Universal Insurance Rankings Worth Buying! 》

Universal insurance is a type of insurance that integrates investment income, death protection, and critical illness protection, with multiple protections under one policy. This type of insurance is often the most recommended purchase by offline companies, claiming that universal insurance can cover everything. Even peace is no exception.

There are many universal insurances of Ping An, such as Smart Star, Smart Star, Smart Life, Smart Life, etc., and the protection content and financial management seem to be quite good. Is it really so comprehensive? Read on and you'll know?

Let's take a look at one of the more hotly discussed products on the market - "Outwitting Life".

Let's take a look at its financial management features first.

The main insurance of this insurance is universal whole life insurance, which is mainly used to configure a universal account for you, but it is used to increase the amount of value only after deducting the initial cost and protection cost, and the specific amount of interest is uncertain, and the guaranteed interest is. What is the concept, the interest rate of Yu Bao is about now.

If you want to know how to deduct the initial cost and guarantee cost, I have a detailed explanation in the original article of this product, and if you are interested, you can take a look:Is Ping's [Outwitting Life] Really Worth Buying? 》

Let's talk about its safeguard function.

There is no coverage for minor illnesses in the case of critical illness, for example. For example, if you have chronic kidney dysfunction, the insurance company will not pay you a penny, and will not pay you until it becomes end-stage renal disease. Generally, critical illness insurance includes coverage for minor illnesses.

I'm not talking nonsense, just look at these popular critical illness insurance in China:"Comparison Table of 136 Popular Critical Illness Insurance in China".

The water of universal insurance is very deep, and it is not recommended to buy universal insurance, and it is not really universal. It is recommended that you honestly buy critical illness insurance, life insurance, etc., which are specifically designed for a kind of insurance that protects the reverse.

Ping An Universal Insurance of China is introduced as follows: Ping An Universal Insurance is a series of products of Ping An Insurance Group, mainly including Zhiying Life Whole Life Insurance (Universal), Jincai Life Universal Insurance, Jinyu Mantang Universal Insurance, etc., compared with traditional life insurance, not only the basic protection of life, but also can directly participate in investment, and a policy can obtain a double harvest of life insurance and financial management.

Ping An Universal Insurance includes Ping An Zhiying Life Whole Life Insurance (Universal), Ping An Jincai Life Universal Insurance, and Ping An Jinyu Mantang Universal Insurance.

In addition to providing life protection to policyholders in the same way as traditional life insurance, customers can also directly participate in the investment activities of the funds in the investment account established by the insurance company for the policyholder, and link the value of the policy with the performance of the policyholder's investment account funds operated independently by the insurance company.

It is a financial management method to calculate the value of assets in the investment account and ensure that the policyholder can enjoy the principal and certain interest protection of the account balance under the premise of investment operation with the help of expert financial management.

Ping An Zhifu Life Whole Life Insurance is further divided into Ping An Zhifu Life Whole Life Insurance A + Additional Critical Illness A (the cost of protection is deducted from the policy value of the main insurance) and Ping An Zhifu Life Whole Life Insurance B + Additional Critical Illness B (the cost of protection is deducted from the policy value of the main insurance), and the market is mainly based on paragraph B.

Fude Life Golden Book Life Whole Life Insurance cannot be taken out. According to the insurance theory, the so-called whole life insurance, such as paying for 20 years, 2000 per year, can not be paid after 20 years, life insurance still manages you for life, but you can't take out the principal.

Until the death of the child, it is taken out by the children or the designated beneficiary, which is regarded as buying insurance to protect themselves and saving an inheritance for future generations. To live, you have to use this money, in the form of a loan, to lend 80%, pay interest and then pay it back. If it is a wealth management insurance, you can take out some after 20 years.

Xueba talks about insurance, focusing on insurance evaluation! Here's a copyUltra-complete! Comparison table of popular critical illness insurance in ChinaFor you, I suggest you take a look at it first!

The matter of full surrender depends on the point of time you are in. If you find that the insurance you bought is not suitable during the cooling-off period, you can directly surrender the policy in full.

If the cooling-off period has passed, you have to weigh the pros and cons, because the surrender is the cash value, and the cash value refers to the value of the life insurance policy with the nature of savings, which is simply the surrender money. The cash value tends to grow over time and eventually approaches the sum insured. The exact amount of cash that can be refunded is based on the terms of the insurance contract.

Although the landlord's father has passed the hesitation period, he is now thinking about surrendering the insurance, which is not a bad thing. At least it means that it has awakened. As a risk gatekeeper for the whole family, it's better to be awake than asleep. But what happens if the policy is surrendered after the cooling-off period?

1.Loss of premiums

The most serious consequence of surrender after the hesitation period is the loss of premiums, and the premiums we pay have to deduct a number of fees, so the cash value of surrender is less than the premium.

2.Lose what you already have

In addition to the loss of premiums, surrender also deprives the insured of the benefits they already have. Once the policy is surrendered, the risk borne by the insured will undoubtedly increase a lot, and if an accident occurs just after the surrender of the policy, it will be beyond remorse.

So whether you should continue to surrender the insurance, the landlord must think twice, some tips for surrendering, I can also share with you:How to surrender insurance, how much can be refunded, and how to reduce surrender losses?

Hello, the principal amount of whole life insurance cannot be withdrawn, and if you choose to surrender the policy, the cash value of the policy can be refunded. For those who don't understand what cash value means, you can take a look at this article on daddy. What is Cash Value? 》

I want to ask the landlord, my mother and your family are in the same situation, the home is rural, my mother doesn't understand anything, obviously went to the postal bank to deposit money, but was misled to buy insurance, and also passed the hesitation period, paid for two years.

5 years to pay 5 years of return to principal, 6 years to 3.5 compound interest for life, wealth management insurance, guaranteed principal and interest. The longer you put it, the more cost-effective it is, and you can configure it reasonably according to your own situation.

The principal will not be withdrawn, and the cash value will be refunded, and the increased dividend of the current year will be refunded to the beneficiary upon natural death.

I only paid for a year, I didn't know it was insurance, the bank told me that I would deposit money regularly, and I could withdraw it after saving it for five years, and now I know, what should I do.

My parents also went to the Postal Savings Bank to deposit money and were deceived by the bank staff to buy this insurance, and the bank's blatant fraud exposed the darkness of socialism with Chinese characteristics.

Can I withdraw the principal after paying 30,000 yuan a year and paying it for three years?

Whole life insurance (the policy can only be paid or surrendered after death, and the middle payment is the reduction of the policy, and the reduced amount = the cash value of the reduced part).

Terms: Contract insurance liability, all about how to pay for death.

If the return visit** is not successful, you can find the insurance company for mediation.

See clearly that this is a whole life insurance, do not die and do not give money, only interest is recorded every year, it is a rolling interest, but I don't know if I can take it out, I want to take the principal out of 5 years, the insurance company should lend you money, pay it back within half a year, and give people interest, saying how much interest is taken every year, but it is necessary to take it out.

You can take it out all after 5 years, and there is also some interest. Now the surrender policy can only be refunded in half.

Because after the cooling-off period, only the cash value can be refunded, which is not considered a fraud in the insurance contract, because it is equivalent to a breach of contract.

What did your dad buy when he went to the bank? Why did you buy a lifetime annuity insurance? If there is deception in this process, it can be negotiated.

However, are you waiting for the money? If you have this insurance, you should save money, and you will be able to receive it every year until your father dies. Then you can get another sum of money.

I was also deceived by the people at the post office, saying that I could go to the principal and interest after paying for 5 years, but I don't know if it was true or not.

I was also deceived by Fude Life Golden Code Life Whole Life Insurance Company? Can anyone tell me what to do.

On the basis of the whole life insurance benchmark of the branch, there is a premium of 10%; It makes tung occur four times in the respect of the slip reserve right to light the destruction of the requirements, float 20%; When 5-7 times there is compensation, float 30% bank Singapore branch whole life insurance;