Because the premium of universal insurance is usually high, whether the principal can be guaranteed is related to many factors, such as the age of the insured, the insured amount, the payment period and so on. The later the guarantee period, the greater the chance of returning the principal, because the money deposited in the universal account enjoys compound interest, and the insurance company promises to guarantee the bottom interest rate.
Therefore, consumers must be cautious when insuring universal insurance, and the strength of individual contributions must be guaranteed and the budget can be conservative.
Harmonious Kangshun Nursing Insurance (Universal) is a popular insurance product launched by Harmonious Health Insurance Company. The protection is as follows:
Hospital-wide reimbursement.
Secondary and above designated hospitals/public hospitals.
Other medical insurance.
Death and disability due to illness.
The sum of account value and risk insurance amount (sickness death insurance).
Long-term care insurance for diseases.
Sum of account value and risk insurance amount (nursing insurance).
Receive an annuity.
Overdue insurance premium.
103% of the account value (health maintenance insurance).