Bonus 10 for endowment style participating insurance

The landlord is not here to ask questions, but to give us some hints.

The average person who buys dividend insurance is to explain to the salesman: the interest is more than that of the bank in the same period. This is a very common phenomenon of misleading consumers!

I just want to add:

Let's talk about dividends and cash values.

Dividends are uncertain.

Maybe the salesman brags about his previous performance in front of you, but that doesn't mean anything. According to the relevant regulations, dividends are related to the operating performance of the insurance company, and a certain proportion of the performance of each fiscal year is distributed, and the operating performance is uncertain, so the dividend is uncertain and cannot be calculated now.

I bought a dividend insurance in 07, and in 07 (the economic development is better) the dividend was more than 400 per 10,000, but in 08 (financial crisis) it was less than 100 per 10,000.

Cash value simply refers to the value of the insurance contract after a certain number of years (usually 2 years) of the insurance you bought, that is, the money you can get when you surrender or expire. It is stated in the general insurance contract.

If you buy this insurance, the monetary income you can get is the cash value (generally less than the bank's interest plus principal in the same period, or what about the bank?). ) and dividends. Because dividends are uncertain, there is no comparison of how much you can get.

But we can't make a direct comparison, because after all, we are buying insurance, we are selling things, and we are buying a guarantee. Also, buying insurance is not a deposit, and you will lose a lot if you surrender the insurance halfway, so if you want to buy participating insurance, you should make a careful decision according to your own financial situation.

The initial cost is not for surrender, the surrender is calculated according to the cash value of the year, which is not only the case for life, but also for all insurance companies in the country.

Surrender is calculated based on the cash value stated in the contract. On the first few pages of the insurance contract, there are several statements about the cash value. At this time, you see what amount corresponds to the nth year, and the above is the result of how much you should receive.

Generally, the longer the time, the smaller the loss, after all, it is all paid, and you also have this protection, it is recommended that you return it cautiously.

In addition, if you surrender the policy early, you will definitely not get back the premiums you paid.

The surrender procedures include: the insured's ID card, the original contract, the insurance company's cooperative bank account (the insured), and the surrender application form can be resolved by applying to the local company's service center.

Therefore, it is generally only possible to withdraw about 10---30% of the premium, which is certainly not cost-effective.

As for the dividends of insurance companies, they are based on the profitability of each insurance company, which is dispensable and has obvious uncertainties.

The principle of purchasing insurance is based on social insurance, and it is better to add appropriate commercial insurance as a supplement.

Look at what you bought, if you can do it, you can almost pay back in four years!

If you do, it will take a long time, and you won't have much to pay. Insurance is important - insurance.

Your investment is $35,388 in cash. Dividends are calculated based on the value of your policy.

I don't know what type of insurance you buy.

If it's universal insurance, then you need to deduct the initial fee, do you know?

Savings Dividend Insurance.

That is, insurance with savings function and policy Zen Min attack dividends, and common savings insurance includes whole life insurance.

Annuity insurance, etc. The reason why it is called savings insurance is because this type of insurance will return funds or insurance payments when the protection expires or the guarantee reaches a certain period of time, which can help us recover the principal, which is equivalent to saving money.

Savings insurance often provides a certain amount of personal protection, such as whole life insurance, which provides death protection.

In addition to savings insurance, there are also consumer insurance, return insurance, etc., and those who are not clear about the difference between them may wish to take a look at the popular science articles below:

What is the difference between consumption, savings, and return insurance? Which is the best deal to buy.

Savings and dividend insurance is based on this type of insurance, and there is an additional policy dividend. It is important to note that the dividends of insurance are uncertain. Because the insurance dividend comes from the distributable surplus of the insurance company's dividend insurance business in the previous fiscal year, if the insurance company is in poor operating condition, there may be no dividend or only a few dividends.

Why are there so many complaints about participating insurance? Demystifying the mystery of participating insurance.

Generally speaking, the premiums of savings insurance are relatively expensive, Brother He is more suitable for small partners with sufficient budgets, and if you are a person with a small budget, you can actually consider consumer insurance, the premiums of this type of insurance will be cheaper, and it will be more focused on personal protection.

There are many precautions for buying insurance, and if you don't know, it's easy to step on the pit. If you want to know how to buy insurance, you may wish to take a look at this insurance strategy:

Before buying insurance, you must first understand these key knowledge points.

1) Participating insurance.

It refers to a kind of life insurance in which the insurance company distributes the distributable surplus of the participating insurance in the previous fiscal year to customers in the form of cash dividends or value-added dividends in a certain proportion after the end of each fiscal year.

2) Disadvantages of participating insurance.

1.The guarantee function is relatively weakened.

Although the participating insurance has the function of protection, the scope of protection is very limited, and the amount of protection is relatively low, which is different from the traditional protection life insurance products, and some types of insurance can even be ignored, especially the simple savings dividend products, in addition to the protection function, which is very similar to bank savings.

Uncertainty of dividends.

Although under normal circumstances, dividend insurance will have dividend income, but the insurance company does not promise to have dividends, only in the case of investment to achieve income before the distribution of dividends, in the capital market recession of the annual blind ruler, dividend distribution may generally be very low, and may even be lower than the bank interest rate in the same period, the uncertainty of dividend distribution increases the uncertainty of expectations, once the dividend is too low, and the psychological expectations of the insured people produce a gap, which will undoubtedly destroy the development of the insurance market; The characteristics of insurance determine that in the sales process, the business personnel are likely to mislead customers for short-term immediate benefits, which will also bring disadvantages to the development of the participating insurance market.

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

Participating insurance refers to the financial insurance in which the insurance company distributes the operating results to the policyholder in the form of cash dividends or value-added dividends according to a certain proportion.

What are the types of participating insurance?

According to different classifications, the types of participating insurance are also different.

In terms of the functional proportion of participating insurance, it can be divided into protection participating insurance and wealth management participating insurance. Protection-type participating insurance is a general insurance product with a dividend function, and the main function of this type of insurance is protection, with a higher amount of insurance, more comprehensive protection, and no focus on the dividend function. Wealth management participating insurance has a weak protection function, generally only provides accidental death benefit and accidental total disability benefit, and most of the premiums are used for investment and financial management.

From the perspective of the protection items of participating insurance, it can be divided into the following types of insurance:

1.Pure participating insurance. A typical example is a bank participating insurance product, where the protection period is between 5 and 10 years, and the policyholder needs to pay the premium in a lump sum. The coverage is narrow and cannot be covered by other insurance coverage.

2.Participating critical illness insurance. This type of insurance takes into account the dual functions of protection and financial management, which can not only provide financial management functions, but also provide critical illness protection. Even if the insured does not have an accident during the insurance period, he can make up for the shrinkage of this part of the premium through dividends.

3.Participating education insurance. In addition to saving children's education, participating education insurance also provides value-added hedging functions for this part of the funds, which can effectively avoid the impact of inflation on children's education.

4.Participating pension insurance. The policyholder of the participating pension insurance pays a certain premium every year and can receive the insurance money paid by the insurance company after retirement. Through the dividend function, the insured can get more pensions and improve the quality of their retirement life.

What are the ways to receive dividends?

Not only are there many types of participating insurance, but there is also no single way to receive dividends. Participating insurance dividends include the sum assured dividend method and the cash dividend method. The sum insured dividend method refers to the insurance company's distribution of dividends to the policyholder by increasing the sum insured; The cash dividend method refers to the distribution of dividends to policyholders by the insurance company in cash.

If the policyholder does not need excessive cash flow and the main purpose of purchasing participating insurance is to protect, the sum assured dividend method can be chosen. For example, participating critical illness insurance and participating education insurance can choose this dividend method.

If the policyholder needs a more stable cash flow, the cash dividend method should be chosen, which is more flexible, even if the consumer does not need the dividend for the time being, it can also be left in the insurance company to compound interest.

Arnold answered:

Hello! The main distribution methods of dividends are:

1. Cash dividend method. With the cash dividend method, after the end of each financial year, the insurance company will first determine the distributable surplus of the current year based on the surplus of the current year, and the policy dividend will be determined according to the size of their contribution to the total surplus between the policies.

2. Increment dividend method. The incremental dividend method distributes dividends in the form of an increase in the amount of existing sum insured in the policy. The policyholder will only receive the dividends distributed in the event of an insured event, the expiration of the insurance term or the surrender of the policy.

The increase bonus consists of three parts: regular increase bonus, special increase bonus and final bonus.

Sycamore Tree Insurance Network helps you answer your questions

Hello! Insurance dividends refer to the fact that when purchasing a participating life insurance, the insurance company will pay a certain proportion of the surplus of actual operation and production to the insurance policy.

Holders make dividend distributions. In other words, you can enjoy the operating results of the insurance company. Participating insurance.

It belongs to investment and financial management.

type of insurance, China Insurance Regulatory Commission.

It is stipulated that the insurance company shall participate in the insurance every year.

70% of the distributable surplus is allocated to customers. There are two ways to distribute dividends: cash dividends and incremental bonuses. Cash dividends are dividends that distribute the surplus directly to policyholders in the form of cash. Incremental dividends are annual increases in the sum insured throughout the term of insurance.

way to distribute dividends. At present, most insurance companies in China adopt the form of cash dividends. Under the distribution method of cash dividends, dividends can be received in a variety of ways: cash, interest accumulation, premium payment and purchase of top-up insurance.

Participating insurance has a relatively high cost and has a definite benefit guarantee and the opportunity to obtain dividends. Dividends are not fixed, and the level of dividends is directly related to the operating conditions of the insurance company, and the insurance company and its customers share the investment risks and business results. There is a theoretical possibility that the dividend will be zero.

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

Hello dear! Hello, there are still some implicit differences between dividends and interest in the policy. The main dividend is the earnings of the insurance company, and the surplus is based on the death difference + fee difference + interest rate difference liquid shortage of each company is the same (this is calculated according to the same life table), the cost difference is also about the same (because the competition is so fierce now, each company is depressing **), the rest is the interest rate difference, this difference is big, completely arguing about the company's investment ability.

It should be noted that the dividends are different every year, and this year's high does not mean that the next year will be high, and the dividends should be determined according to the strength and development speed of the corresponding insurance company. Interest is essentially a part of the profit and is a special form of transformation of the profit. Dividends have some similarities with interest, but there are also differences.

The concept and function of participating insurance are not only similar to investment-linked insurance, but also easy to confuse with savings investment. Investors should clarify the relevant business insurance categories and make corresponding plans. Savings deposit is a pure savings business, which has the advantages of good security, more types, better liquidity, and no cost for investment, but the disadvantage is that interest tax is deducted, and the expected annualized income is low (expected annualized income = fixed interest income).

Participating insurance is a kind of business with savings function and investment risk, which has the advantage of good security, no interest tax deduction, in addition to obtaining interest, it can also share the operating results of the insurance company, and it can also come with a certain insurance function. The disadvantages are that the expected annualized return is uncertain (expected annualized return = guaranteed expected annualized return + unfixed dividends), the investment is not flexible, the liquidity is poor, and a certain fee has to be paid.

Participating insurance is a combination of insurance and investment functions, basically returned on time, and there will be dividends. However, for families who need money in the short term, generally speaking, do not use the urgent money to buy dividend insurance, because the liquidity of participating insurance is poor. If you do need to buy participating insurance, you must save some money for your family's emergency needs.

For families with unstable incomes, for example, doing large business and doing odd jobs and working in companies with unstable benefits, it is not advisable to buy more dividend insurance, this part of the family should be based on savings deposits, and it is best to choose one-year short-term insurance when entering the insurance, because short-term insurance does not occupy funds, and the amount of compensation in case of accidents is also higher.

For families with stable income**, such as families with stable incomes such as both husband and wife are national civil servants, running mom-and-pop shops, etc., and there is no bulk purchase plan in the short term, buying participating insurance is a more ideal investment.

No matter what type of family, you must be rational when investing, do not blindly follow the trend, you must see that savings have a variety of advantages such as safe and reliable, stable expected annualized returns, strong ability to redeem funds, etc., on the basis of having a considerable proportion of savings, and then invest in dividend insurance according to your own situation.