What does the cash value of Chinese life insurance mean?

Hello! The cash value is the money surrendered. That is, after the money paid to the insurance company, the remaining money after deducting the protection cost of the product, or the initial fee and other related expenses is the cash value.

Hello To put it simply, the cash value of the policy refers to the money that the policyholder can get when the policy is surrendered. Professionally speaking, the so-called cash value of the policy, also known as the "cancellation refund" or "surrender value", refers to the value of a life insurance policy with a savings nature. Insurers usually set aside liability reserves for the performance of contractual obligations, and if you surrender the policy in the middle of the policy, the liability reserve of the policy will be used as a refund for the payment of termination.

The amount that should be reimbursed by the life insurance company when the insured requests to terminate or surrender the policy. In long-term life insurance contracts, the insurer is usually required to deposit a certain amount of liability reserve in order to fulfill its contractual obligations. When the insured requests to terminate or surrender the policy for any reason within the validity period of the insurance, the insurer shall return to the insured the balance of the liability reserve minus the cancellation deduction according to the regulations, and this part of the balance is the termination payment, that is, the cash value of the policy at the time of surrender.

In life insurance, due to the long payment period, as the age of the insured increases, the possibility of death will be higher and higher, and the insurance rate will inevitably gradually rise until it is close to 100%, such a rate is not only difficult for the policyholder to bear, but also the insurance has lost its meaning. For this reason, insurance companies often adopt it in practice"Equalized premiums"Through mathematical calculation, all the premiums that the policyholder needs to pay are evenly distributed throughout the payment period, so that the premiums paid by the policyholder in each period are the same. When the insured is young, the probability of death is low, and the policyholder pays more premiums than they actually need, and the overpaid premiums will be accumulated by the insurance company year by year.

When the insured is old, the probability of death is high, and the premium paid by the policyholder in the current period is not enough to pay the current claim, and the shortfall will be made up by the overpaid premium paid by the insured when he was young. This part of the overpaid premium, together with the interest accrued therein, is accumulated every year, which is the cash value of the policy, which is equivalent to a kind of savings of the policyholder in the insurance company.

If you surrender the policy in the middle of the policy, you will receive cash. In the case of participating insurance, the cash value of the dividends is added.

Hello, I am happy to answer for you Cash value = the insurance premium paid by the policyholder - the amount of the amortization of the management expenses of the life on the insurance policy - the commission paid by the insurance company to the salesman of the policy - the net premium required by the insurance company + the interest generated by the remaining premium. The cash value refers to the cash value of the policy, which is the amount of the surrender benefit on the life insurance policy. Life insurance adopts a single premium or balanced pure premium system, so a certain amount of liability reserve will be accumulated in the policy, if the policyholder requests to surrender the policy halfway, the insurance company will deduct the corresponding surrender fee from the liability reserve, then the remaining balance will be used as a surrender money, and then returned to the insured or the policyholder.

I don't understand. I have a China Life Fulu Gold Endowment Insurance that has been paid for 10 years, and I want to return it.

The calculation of cash value is: if the policy is surrendered in the third year, if the corresponding annual cash value is 2000 yuan, then your surrender income should be: 6314 1000 * 2000 = 12628 + accumulated dividends + accumulated survival benefits.

This is an annual insurance premium of about 10,000 yuan, and you can refer to his calculation method After 10 years of Fulu Exclusive Payment, the policy will be surrendered around the 11th year, and the cumulative survival fund + accumulated dividend + cash value will be 84,839 yuan in total, and the principal will basically be returned to the 16th year. Therefore, it is not advisable to surrender the policy immediately after paying the fee, after all, there is a loss.

So you pay for 10 years, if you surrender the policy, you can't get it back.

I am an annual payment of 6000

If you pay 6,000 a year and surrender the insurance in ten years, you can't get back 50,000 yuan.

How long will it take?

Do you mean how long it will take to get back to your original value? If you want to return the cost, it is about 15 years, but if you say when you want to surrender the policy, the insurance contract you signed at that time should say whether it will be guaranteed for 20 years or 30 years. Insurance has a certain income, if you Yuechi surrender the income will be slightly higher than the interest rate of bank deposits, and there is also protection.

Ok thanks.

Have a great day.

The cash value table is only used in case of surrender. It's simple to look at this table, the first column should be the policy year. Depending on your situation, if you retire this year, it should be in your fourth or fifth year.

Let's look at the numbers after this year. In units of 1000 yuan, I don't know how much you guarantee. If it is 10,000, multiply the corresponding number by 10.

Of course, how many times is 1000 yuan, multiplied by how much. The cash value in the insurance contract refers to the value of the life insurance policy with a savings nature, i.e., the surrender value. Term life insurance, endowment insurance, and universal insurance typically have a cash value.

When we surrender the policy, the surrender value is calculated based on the cash value of the policy and is therefore not a refund of the premium paid. Most of the time, the cash value of the policy is derived from the premiums paid minus some fees, so the cash value will be lower than the premiums. In addition, the cash value of the policy in the previous years is very low, and it is not cost-effective to surrender the policy at this time.

The cash value is the surrender amount of a life insurance policy. In life insurance with a long insurance period, due to the use of a single premium or balanced pure premium system, a certain amount of liability reserve has been accumulated under the policy, and when the insured requests to surrender the policy, the insurer deducts a certain surrender fee from the liability reserve, and the balance is returned to the insured or the policyholder as a surrender fee (also known as a "termination fee").

Your money is withdrawn after 6 years, and you can get back your principal 3w and 6 years of dividends, and the dividends are uncertain, so I don't know how much.

There is a cash value table on the signed contract, and each year corresponds to an amount, which means that you can only get back the amount corresponding to that year, but not the 3w principal.

An insurance policy with a cash value is transferable by endorsement (sometimes with the consent of the beneficiary, as stipulated in the contract), and the cash value of such an insurance policy is not a replacement of the insured.

The cash value of Chinese Life Insurance Insurance products refers to the money we can get back after surrendering the Chinese Life Insurance products. Generally, after purchasing Chinese Life's long-term life insurance, each insurance contract will be accompanied by a cash value table, which is written on what time and how much the cash value is, so that customers can easily view.

Generally speaking, cash value refers to the value of a life insurance policy with a savings nature, such as annuity insurance, life insurance, and endowment insurance. The reason why the cash value in previous years is relatively low is that the sales expenses of the previous insurance are relatively high, so the various costs deducted are also high, and the remaining retention is very low, and the cash value is low. Second, in order to reduce the surrender rate, insurance companies will also be trying to depress the cash value of previous years.

Therefore, if you choose to surrender the policy in the middle of the policy, there will usually be a certain loss.

However, the role of cash value is not only reflected in the surrender of the policy, but also in the automatic payment of insurance travel expenses and policy loans.

Automatic premium payment, that is, if the policyholder fails to pay the premium at the end of the grace period, the insurance company will automatically advance the remaining amount of the premium due from the cash value of the contract after deducting the arrears and interest payable, so as to ensure that the contract continues to be valid. This feature avoids the risk of the policyholder not being able to pay the premium on time due to an accident, resulting in the policy lapsing.

Policy loans, that is, mortgage your own policy to the insurance company to apply for a loan, generally up to 80% of the cash value can be loaned for emergency purposes.

In general, it is worth paying attention to the impact of cash value on the surrender of our policies, automatic premium advances, policy loans, etc.

Not only life insurance companies, but all insurance companies have the same cash value! This cash value is far less than the principal, and it will be a loss for several years, so don't expect to get much money on insurance! Buying insurance is when you spend money for unpredictable risks in the future, it is consumption, and there is no money to say, remember!

Remember! Insurance, only talk about cash value, not talk about principal and dividends, insurance contract liability, he only has cash value and dividends, do not occur contract liability he only talks about cash value, and the cash draft value insurance contract has a cash value table, how many years is how much money, you will understand if you look at it. That money is far less than the principal, whether it is withdrawing money, surrendering, and the so-called conversion pension, it is all based on the cash value table. The insurance salesman didn't explain the cash value of the policy to you, and the customer didn't buy it after reading it, so they fooled you into taking the money after paying the premium.

Insurance is a loss for several years, but in fact, even if you get the principal for a few years, you will lose a lot of money due to the currency depreciation of your principal. Remember later! The so-called "insurance" is used to resist risks, not to manage money, let alone use insurance to make money.

If you want to manage your money to make money or if you want to resist currency depreciation, you can do ** and government bonds. Therefore, participating insurance is to defraud customers of their money in the name of insurance.

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

To put it bluntly, if you surrender the policy, the money you get is the cash price.

Insurance has cash value, which refers to how much the policy is worth at the moment, which can be used for surrender and policy loans, but not all insurance has cash value, such as whole life insurance, term life insurance for more than one year, endowment insurance, participating insurance and other long-term insurance have cash value, while one-year personal accident insurance, home property insurance and other products do not have cash value.

The actual cash that can be realized in each year of the policy is the cash received from surrendering the policy.

To put it bluntly, you will be given the money you will return when you surrender the policy early.

Cash value refers to the amount of premiums you pay minus the cost of protection.

The cash value is the money you pay to surrender the policy or take out a loan from the policy.

The cash value is the amount of money you want to surrender and withdraw.

To put it bluntly, it is how much your policy is actually worth in a certain period of time.

Hello, the cash value is the surrender payment.

The amount of cash that the policy withstands during that time period.

Hello, that's the surrender money!

What is the value determined based on the price of goods per year.

Do you know the cash value of insurance.

Summary. Hello dear! Generally, the cash value table of long-term life insurance policies is attached to the first page of the insurance contract, and the cash value of the policy is clearly indicated in the contract between the policyholder and the insurance company.

The cash value of the policy varies from contract to contract, so please refer to the actual contract. If you really don't know how to look at it, you can also call the insurance company's consultation at any time**, provide the corresponding policy information for inquiry, or log on to the insurance company's official website for policy inquiry.

Hello dear! Generally, the cash value table of long-term life insurance policies is attached to the first page of the insurance contract, and the cash value of the policy is clearly indicated in the contract between the policyholder and the insurance company. The cash value of the policy varies from contract to contract, so please refer to the actual contract.

If you really don't know how to look at it, you can also call the insurance company's consultation at any time**, provide the corresponding policy information for inquiry, or log on to the insurance company's official website for policy inquiry.

The cash value of the policy is a cash value table on the paper policy. The cash value refers to the amount that is refunded by the insurance company to the policyholder when the policyholder surrenders the policy or the insurance company terminates the insurance contract. In general, it can be simplified as:

Cash value of the policy = premiums paid Management expenses apportioned amount Salesman's commission Net premiums required for the insurance company to bear the insurance liability of the policy Interest accrued on the remaining premiums. The insurance company will give a clear cash value statement for the year.

Hello dear, the calculation method of the cash value of Chinese Life Insurance: The first column of the Chinese Life Cash Value Table should be the policy year, such as surrender in the fourth or fifth year. Let's start with the numbers after this year.

For example, if it is 10,000 yuan per 1,000 yuan of the sum insured, then you can find the corresponding number multiplied by 10. Of course, how many times is 1,000 yuan, and the number after the year is multiplied by how many times. The cash value state code in the insurance book refers to the value of a life insurance policy with a savings nature, which is called the surrender value.

Summary. The basic formula for calculating the cash value of Chinese Life Insurance is as above. Due to the different actual products and individual contributions, the specific amount is subject to the cash value table in the insurance contract.

Hello, the calculation method is as follows: the cash value of the policy = the premium paid by the policyholder The amount of the insurance company's management expenses on the policy The commission paid by the insurance company to the salesperson for the policy The insurance company has borne the net premium required for the insurance liability of the policy + the interest accrued on the remaining premium

The basic formula for calculating the cash reputation value of Chinese Life Insurance is as above. Due to the different actual products and the different payment conditions of each chain digger, the specific amount is subject to the cash value checklist in the insurance contract.

I paid 4450 a year for five years and how much is the cash value.

Hello, there is a cash value table at the back of your insurance contract, and the amount in the cash value table will be calculated at the time of surrender.

Hello, there is a difference in the calculation of the cash value of each person's policy! Kiss.

Can you send me the cash value statement at the back of your policy? The specific amount needs to be calculated according to the cash value table! Kiss.

Hello, the cash value is 17,800 yuan. If the cash value table says 1000 and the cash value of Yingliang is 800 for five years, then the cash value of 4450 for five years is calculated as follows: 4450*5*800 1000=17800

Of course, the specific amount needs to be subject to the cash value table! Kiss.

The above is just an example, and this is basically how it is calculated! Kiss.

Not really! Kiss.

Hello, such a cash value table! Kiss.

It's usually at the back of the contract! You can take a look! Kiss.

Cash value of the policy = premiums paid by the policyholder The amount of the insurance company's management expenses shared on the policy The commission paid by the insurance company to the salesperson for the policy The net premium required for the insurance liability of the insurance company + the interest on the profit generated by the remaining premium.

Warm reminder, there is a time limit for the paid service, and there is only 2 hours from the time you ask the question! If you no longer consult Brother Dou, after the dust guesses the time, even if you don't use up the number of questions, the service will be automatically closed.

Warm reminder, there is a time limit for the paid service, and there is only 2 hours from the time you ask the question! If you no longer consult Brother Dou, after the dust guesses the time, even if you don't use up the number of questions, the service will be automatically closed.