What is the coverage of Lion Life Whole Life Premium, and what stands out?

Lion Life has launched a life insurance policy that can protect the whole life – Lion Life Whole Life Premium. In addition to protecting death and total disability, this product can also increase the basic sum assured every year, which is a whole life insurance with an incremental sum assured.

As an incremental whole life insurance, Li'an Life Whole Life Premium Edition focuses on the "life insurance" and "increase" parts.

1. Basic content.

As a whole life insurance, the protection period of Li'an Life Whole Life Premium Edition is, of course, lifelong! As long as the insured is alive, the sum insured can be increased, and in the unfortunate event of death, the death benefit will be paid according to the contract.

In terms of insurance age, the minimum age is 28 days old, and the maximum is 70 years old. However, for the elderly and veterans, the role of life insurance is not very obvious, and they should be equipped with accident insurance and cancer prevention insurance.

There are three options during the payment period, which are paid in 3 5 10 years, and you can be insured from 3,000 yuan per year, which is affordable for ordinary people.

2. Product features.

1) The basic sum assured will increase annually.

Compared with ordinary life insurance, the basic sum assured increases by a certain percentage every year, and the longer the time, the larger the basic sum assured, and the cash value and death benefit also increase.

Taking 40-year-old Ms. Xiao E as an example, in order to reserve a pension for her pension life, Xiao E bought a Li'an Life whole life insurance, paying 100,000 yuan a year, planning to pay for 5 years, and a total of 500,000 yuan is needed.

2) In addition to the benefits, there is also a total disability benefit.

Death before the age of 18 Total Disability: The maximum amount of cash value and premiums paid will be used as the benefit.

After the age of 18 and during the premium payment period: the premium paid multiplied by a certain percentage and the maximum of the cash value will be used as the compensation.

After the age of 18 and the end of the premium payment period: the basic sum assured, cash value and premiums paid multiplied by a certain percentage of the maximum value will be used as the benefit.

The specific proportions are as follows:

18-41 years: 160%.

42-61 years: 140%.

62 years and older: 120%.

3) Support policy loans and policy reductions.

80% of the cash value of the policy loan loanable insurance; The principal amount of the policy after the reduction cannot be less than the agreed minimum amount.

With these two functions, policyholders can flexibly withdraw the cash value of the policy to meet their temporary needs.

Summary. Hello, for your question [Is Li'an Life Whole Life Insurance Premium Edition Reliable] The answer to this question is as follows. Reliable, Li'an Life Whole Life Insurance (Prestige) can mainly cover death or total disability protection

1.If the insured person dies or becomes totally disabled before the age of 18, the insurance company may pay the premium paid and the cash value is greater; 2.If the insured dies or becomes totally disabled after the age of 18, the greater of the cash value and premiums paid* will be paid if the death or total disability occurs before the expiration of the premium payment period of the insurance contract. In the event of death or total disability after the expiration of the premium payment period, the largest proportion of cash value, sum insured, and premiums paid* will be paid.

The benefit ratio is: 160% for those aged 18 to 41 (inclusive), 140% for those aged 41 (exclusive) to 61 (inclusive), and 120% for those over 61 years old.

Hello, for your question [Is Li'an Song Yuan Shou Whole Life Insurance Premium Edition Reliable] The answer to this question is as follows. Reliable, Lion Life Whole Life Insurance (Premium) can mainly cover the contents of death or total disability protection:1

If the insured person dies or becomes totally disabled before the age of 18, the insurance company may pay the premium paid and the cash value is greater; Wild or state 2If the insured dies or becomes totally disabled after the age of 18, the greater of the cash value and premiums paid* will be paid if the death or total disability occurs before the expiration of the premium payment period of the insurance contract. In the case of death or total disability after the expiration of the premium payment period, the cash value, sum insured, and premiums paid* will be paid, whichever is the greatest. The payout ratio is:

160% for those aged 18 to 41 (inclusive), 140% for those aged 41 (exclusive) to 61 (inclusive), and 120% for those over 61 years old.

Founded in July 2011, Li'an Life Insurance Co., Ltd. (hereinafter referred to as "Li'an Life"), a national life insurance company, is a national life insurance company approved by the China Insurance Regulatory Commission. The shareholders of Li'an Life Insurance Co., Ltd. are Jiangsu Communications Holding Co., Ltd., Jiangsu International Trust Co., Ltd., Nanjing Zijin Investment Group Xunjue Co., Ltd., Jiangsu Suhui Asset Management, Jiangsu Credit Re-guarantee, Jiangsu Phoenix Publishing and Media Group, Jiangsu Huihong International Group Co., Ltd., Yurun Holding Group, Shenzhen Bailin Asset Management, Yuexing Group, Hongdou Group, Far East Holding Group is composed of 5 well-known private enterprises such as ****. The company has a registered capital of 100 million yuan and is headquartered in Nanjing.