Taibao Shengshi Changhang Whole Life Insurance (Universal) can be said to be very hot on the Internet, and I have heard that the cost performance is very high. Is it really worth buying?
Today, I'd like to take a look at TaiBao ShengShi ChangHang Whole Life Insurance (Universal) to see if it's really that good. Click the link below to find out the true nature of TaiBao ShengShi ChangHang Whole Life Insurance (Universal):
"An article to the bottom! Is TaiBao ShengShi ChangHang Whole Life Insurance (Universal) worth getting?
I. A great overview of TaiBao's ShengShi ChangHang Whole Life Insurance (Universal) coverage!
Without further ado, let's take a look at the product diagram of TaiBao ShengShi ChangHang Whole Life Insurance (Universal):
From the diagram, you can find that TaiBao ShengShi ChangHang Whole Life Insurance (Universal) provides lifetime coverage.
Meanwhile, the three optional payment options for this product are single premium, additional premium or transferred premium.
Approximately having seen the product image of this product, along with that, schoolmates will analyze this product in depth!
1. Wide range of insured age
Obviously, TaiBao ShengShiChangHang Whole Life Insurance (Universal) gives the opportunity to insure the group of people who were born in the first 5 days up to the age of 75.
It's worth noting that while the vast majority of products of the same type on the market today give the opportunity to insure up to around 65 years of age, this product is clearly quite a bit larger, covering a wider range of people, and is more attuned to the 66- to 75-year-old group.
For those who want to know how to buy insurance, you can check out the following article:
"Before you buy an insurance policy, be sure to figure out these key knowledge points first!
2, to provide death or total disability protection
Meanwhile, TaiBao ShengShiChangHang whole life life insurance (universal) of the content of the protection is mainly included in the death or total disability insurance benefit this protection.
If the insured dies or becomes totally disabled due to an accidental injury, or if he/she dies or becomes totally disabled due to a cause other than an accidental injury 180 days after the date of commencement of the contract or the date of the last reinstatement of the contract (whichever is the later), the insurance company will pay the amount of the insurance in force, as agreed.
In the event of the insured's death or total disability due to causes other than accidental injury within 180 days from the date of commencement of the contract or the date of the last reinstatement of the contract, whichever is later, the insurer will pay the greater of the basic sum assured or the policy account value with reference to the contract.
And some cost-effective products of the same type on the market usually include aviation accidental death/total disability benefits in addition to death/total disability coverage.
Introduced here, I believe you are not so unfamiliar with the TaiBao ShengShi ChangHang Whole Life Insurance (Universal).
However, this product is not so simple, the school sister also specially organized the following points, small partners must read before taking out insurance!
Two, into the TaiBao ShengShiChangHang whole life insurance (universal) need to pay attention to what matters?
1, the exclusion clause 7
Obviously, TaiBao ShengShiChangHang Whole Life Insurance (Universal) has 7 exclusion clauses, while according to the knowledge of my sister, the exclusion clauses of some of the same type of products in the market is only 3 clauses.
We all know that exclusion clauses are simply situations where the insurance company is not liable for claims and does not insure.
Therefore, the fewer the exclusion clauses, the lower the threshold of the insured's claim will be under the same conditions.
Those who still want to know about the exclusion clauses can take a look at the following article:
What are the exclusion clauses of the insurance, and how to read them? If you don't know it, you're in for a big loss!
2. Provide Universal Account
Worth our attention is that TaiBao ShengShiChangHang Whole Life Insurance (Universal) also includes a universal account, whose minimum guaranteed interest rate is stipulated at 2.0%.
And there are some products of the same type in the market where the minimum guaranteed interest rate is up to 2.5%.
In general, this product provides both death and total disability protection, which is a more comprehensive coverage. And the range of insured age is also relatively wide. However, there are 7 exclusion clauses. And the minimum guaranteed interest rate is 2 percent.
So, before you take out this product, you should consider whether it is acceptable or not.
Written in the end
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