Why is it not recommended to buy Guoshoufu, is it worth it to buy Guoshoufu after buying it for 4 ye

It is not that it is not recommended to buy China Life Insurance, it should be said that it is necessary to analyze whether China Life Insurance is suitable for buying according to its own protection needs and economic conditions.

If the analysis thinks it is suitable for you, you can buy it; If you feel that it is not suitable, such as the content of its protection is not what you want, the premium does not meet your budget, etc., then we will choose other insurance products. Buying insurance is different from person to person, for example, different age groups are suitable for buying different insurance, you can understand the truth after reading this article: how to buy insurance for different ages?

Everyone should have their own plan.

The 2021 version of China Life Welfare Whole Life Insurance supports people aged 18-60 to apply for insurance, and people who are not in this age range should pay attention before applying for insurance.

Its payment method can choose to pay annually or monthly, and the maximum payment period is up to 20 years. In fact, there are a lot of particulars to choose the payment period, you may wish to take a look at this article to learn more: how to choose the payment period so that you will not lose?

The 2021 version of China Life Welfare Whole Life Insurance mainly covers death insurance benefits and high disability insurance benefits, compared with other life insurance policies that only provide death benefits, the protection responsibilities of this product are more thoughtful.

This product also provides the right to convert annuity, that is, the policy beneficiary can convert the death insurance benefit into an annuity, which can be used to plan for pension, education and other capital needs.

It should be noted that this product has 8 exemption clauses, which means that the insurance company does not bear the responsibility for protection.

In general, everyone judges whether to buy China Life Fortune Whole Life Insurance 2021 Edition according to their own situation.

If you want to get protection against illness, medical care, and accidents, you should consider buying critical illness insurance, medical insurance, and accident insurance products. The functions of life insurance and other three types of insurance, this article has a detailed explanation, let's take a look at which one you need to buy: what is the difference between critical illness insurance, medical insurance, accident insurance, and life insurance?

Will there be a conflict when making a claim?

Because the cost performance of China Life Welfare is not the best. And China Life Welfare Critical Illness Insurance.

At 21:00 on the evening of January 31, the sale was stopped and taken off the shelves, which means that it was delisted and not sold.

Some deficiencies of Guoshoufu:

1. China Life's mild illness protection lags behind: only 20% of the minor illnesses are paid, a total of once, this protection lacks sincerity, and the current minor illness compensation ratio of most critical illness insurance is 30%, so China Life Welfare also lacks competitiveness.

2. Guoshoufu is not cost-effective in comparison: the products launched by large companies will have brand premiums.

The phenomenon is generally not cost-effective, and its China Life Blessing Premium Edition, Supreme Edition Critical Illness and Minor Illness are only paid once, but with the same budget, it is possible to buy critical illness insurance products with more comprehensive protection and multiple claims.

3. The waiver of the insured of China Life Fu requires additional money: the current critical illness insurance basically contains the exemption protection of the insured, and the exemption protection is very important to the insured, and the product comes with the best, and China Life Fu is insufficient in this regard.

Extended Information: How to Choose Critical Illness Insurance?

1. Look at the amount insured.

The purpose of purchasing critical illness insurance is to effectively transfer the risk and ensure that if you have a critical illness as agreed in the insurance contract.

Getting the claim can play an effective role for yourself. Medical insurance is to reimburse medical expenses, while critical illness insurance is a one-time claim of money, which can be freely disposed of, and can be used to pay for medical expenses, or it can be used to make up for economic income.

2. Look at the product first and then look at the company.

We have a traditional shopping habit is to buy things to see the brand, the products of the big brands are basically very good, but the purchase of insurance, is not the case, we first have to see whether the product is really suitable for their own needs, whether the product terms can be accepted.

3. Whether it is consumption-based critical illness insurance or return-based critical illness insurance.

Consumer critical illness insurance has a good lever principle, low premiums leverage large sum insured, but there is no insurance during the protection period, the money will not be returned, and the return type even if there is no risk, the insurance can still get back a sum of money, sometimes the money will be more than the premium, but the premium will be relatively expensive. If you buy consumer-based critical illness insurance when the budget is not very sufficient, the amount of insurance that can be purchased with consumer-based critical illness insurance will be more at a similar premium, and you will get more money after the insurance, which effectively reduces the economic burden.

4. Single or multiple claims.

A single payment is a payment that occurs during the coverage period, and the insurance contract will be terminated after the claim is paid. Multiple claims are based on a single claim for critical illness insurance, and the number of claims is increased, that is, the insurance contract is still valid after the first claim.

PS: There are more multi-claim critical illness insurance on the market, which groups the diseases agreed in the insurance contract, and the re-payment needs to meet the agreed diseases of different groups, and the number of claims is also limited. ）

Generally speaking, you must buy critical illness insurance according to your actual needs, so as to maximize your protection, rather than blindly pursuing the highest configuration and the most reputable insurance company.

It's not that it is not recommended to buy Guoshoufu, but it is recommended that you buy it according to your own security needs and economic situation. If the insurance product does not meet its own protection needs and you blindly enter it, you may feel that the product is a "loss" after you buy it.

Taking China Life Fortune Whole Life Insurance 2021 as an example, this product provides both death and high disability protection, which is better than similar products that only provide death protection, and also has certain advantages in converting annuity rights.

Summary. Personally, I don't think it's worth it, because if you surrender the policy, it means that you will lose a lot of money, and some even lose about 50%, according to the situation that you have paid for four years, at least we will lose 30% here, and it is recommended that you check your contract, and there will be a cash value table in the contract.

Personally, I don't think it's worth it, because if you surrender the insurance, it means that you will lose a lot of money, and some even lose about 50%, according to the situation of paying for four years, at least we will lose 30% here, and it is recommended that you check your contract, and there will be a cash macro buried value table in the contract.

If I buy China Life Insurance, can I return the principal if I want to return it in the eighth year?

Corresponding to different years, there are different cash values, and Wang Shengyu can estimate the money we can return, if our economic conditions allow, or to keep this insurance, do not choose to surrender.

You look at the cash value of the corresponding insurance for the eighth year.

Do you have a contract on your side now?

The money is paid every three years, and 30,000 yuan is paid at a time.

I have already paid 60,000 yuan, and there are 30,000 yuan to be paid next year.

When does the insurance expire?

Because the family needs funds, they really can't afford to pay the insurance money.

The insurance expires in 15 years.

At that time, the insurance was, and I was deceived into buying it without signing, and all the procedures were signed on behalf of the agent.

If it is eight years, this surrender should not lose too much, or the principal can be recovered.

In that case, you can surrender the policy in full.

It is not our own signature, which means that the salesman has the behavior of inducing the operation is in violation.

Did you do double recording at that time?

If you need to continue to consult, you can purchase **six rounds of consulting services, or you can click the service button at the bottom right to select the corresponding consulting services.

There are some **professional surrenders** now, and if you can find this**, it will be relatively better.

According to your current situation, Li Zhiren thinks that the insurance can be surrendered in full, if you confirm that you are not from where you have called Minji to sign, you have not gone through any formalities for the sale, but just paid the money.

Summary. Guoshoufu is an insurance product, its main function is to provide protection, but its coverage is limited, and the premium is high, and the policyholder needs to bear greater risks. In addition, the claim rate of China Life is not high, and it is difficult for the policyholder to obtain a claim.

In addition, the coverage period of China Life Welfare is also shorter, and the insured may not be covered in the next few years. In short, the coverage of China Life Welfare is limited, the premium is high, the odds are low, and the coverage period is short, so it is not recommended for policyholders to purchase China Life Insurance.

China Life Fortune is an insurance product, its main function is to provide protection, but its coverage is limited, and the premium is high, and the policyholder needs to bear greater risks. In addition, the claim rate of China Life is not high, and it is difficult for the policyholder to obtain a claim. In addition, the insurance period of China Life Welfare is also shorter, and the policyholder may not be able to get protection in the next few years.

In short, the coverage of China Life Welfare is limited, the premium is high, the odds are low, and the coverage period is short, so it is not recommended for policyholders to purchase China Life Insurance.

Can you tell us more about that?

China Life Welfare is an insurance product launched by Chinese Life Insurance Company to provide customers with better protection. However, due to its high cost and limited coverage, it is not recommended to buy Guoshou Fu. First of all, the cost of China Life is higher, much higher than other insurance products.

This is because it has a wider range of coverage, and it also has a higher insurance premium. Therefore, if you want to save money, it is not recommended to buy Guoshou Fu. Secondly, the protection of Guoshou Fu is limited in Fanchang shed.

It can only cover the customer's losses in some specific circumstances, but not the customer's losses in other circumstances. Therefore, if you want more comprehensive protection, it is not recommended to buy Guoshou Fu. Finally, a personal tip:

When buying insurance products, you should choose the right insurance product according to your actual situation. You should consider your budget and your own protection needs before making a choice.

Summary. Hello, China Life 2021 is a single-payout critical illness insurance.

This product covers all mild illnesses, with an additional 50% of the sum insured before the age of 70 for specific critical illnesses, and optional liabilities such as death and multiple claims for cancer; It is divided into paragraph A and paragraph B, and paragraph B has the basic responsibility for additional compensation for cardiovascular and cerebrovascular diseases; Comprehensive protection, in the products of large companies, the cost performance is relatively good, it is not recommended to buy only that the disease protection is relatively lacking.

Why is it not recommended to buy Guoshou Fu.

Hello, China Life 2021 is a single-payout critical illness insurance. This product has protection for mild and moderate illnesses, 50% of the insured amount of the pre-70-year-old pre-70 pre-employment for specific critical illnesses, and optional liabilities such as death and multiple claims for cancer; It is divided into paragraph A and paragraph B, and paragraph B adds additional compensation for cardiovascular and cerebrovascular diseases, and pays Songfan's basic responsibility; Comprehensive protection, in the products of large companies, the cost performance is relatively good, it is not recommended to buy only that the disease protection is relatively lacking.

If you have social security, you still need to buy this Guoshoufu What is the update than the 2018 Guoshoufu Supreme Edition?

Of course, you have to buy it, and critical illness insurance can't pay much by relying on social security.

The sum insured has been increased.

So how do I need to improve the insurance update, and they didn't ask me to renew it.

What's new is new, and your old terms don't change.

There are also several versions of Guoshoufu on sale, which can be selected according to your own conditions and needs, such as the celebration version of the insurance age up to 50 years old. If you are over the age of 50, you cannot be insured person, and if you are over 50 years old, you cannot attach a critical illness exemption.

If you want to know more about this insurance coverage, you can also send me a private message.

The senior sister has done a good job of the security map of the National Shoufu Celebration Edition, let's take a brief look at this product:

The National Birthday Celebration Edition provides two payment periods. Since this product provides lifelong protection and is a long-term insurance, it is recommended that you extend the payment period when you apply for insurance, so that we can better reduce our payment pressure, why? This article can give you the answer:

How to choose the payment period so that you will not lose?

The critical illness protection compensation ratio of the National Life Celebration Edition is 100% of the additional insurance amount, which is not enough protection.

For example, the Versailles Plus critical illness insurance launched by Tongfang Global Life Insurance can pay up to 180% of the sum insured for critical illnessVersailles Plus Critical Illness Insurance is back, or a must-see before buying an in-depth review!

Hope to pick up the uproar and accept it.