In order to let friends know the insurance age of Ping An Jin Yue, we have compiled relevant insurance rules. Details are as follows:
First, the insurance age, 0 -75 years old;
Second, the guarantee period, life;
3. Payment term: wholesale payment, 3-year payment, 5-year payment, 10-year payment, 15-year payment and 20-year payment.
Four, the insured amount increase coefficient, calculated at an annual increase of 3.5%.
Five, distinctive, policy rights include reducing the insured amount, making up the difference, and expanding the coverage of millions of medical insurance. Then, these rights, simply put, can be alleviated when your capital turnover is not working. And it can expand the medical security of Ping An E Life Insurance, which can guarantee wealth and health.
1.What about Ping An Insurance in 2022?
The insured amount will increase with compound interest of 3.5% every year. In fact, it doesn't matter whether the ratio is 3.5% or 3.8%. What matters is the cash value, which is the money that customers can use.
Death/total disability insurance: before 18 years old, the premium and cash value are relatively large. From 18 years old, the premium * paid is in the corresponding proportion (18-40 years old, 160%, 4 1-60).
Insurance reduction rules: no more than 20% of the basic insurance amount every year. The basic insured amount here refers to the basic insured amount at the time of insurance, excluding the later increase.
Characteristic rights and interests: you can set up two insured persons. After the policy has been in effect for 7 years and the payment period expires, you can apply to reduce the insured and make up the corresponding premium.
After the establishment of the dual insured, the death/total disability insurance benefits are based on the death/total disability of the second insured and can be passed down from generation to generation in disguise. For example, Xiao Ming's grandfather insured himself and Xiao Ming's father, and the insurance contract will not be terminated after his grandfather died/was completely disabled, and he will not pay until his father died/was completely disabled. At this time, the beneficiary can be Xiaoming.
Cash value: 30-year-old male, 1 0,000 *10 year, and the cash value in the ninth year is higher than the premium paid. In the 40th year, at the age of 70, the cash value of the insured is 29.4 10/0,000, with compound interest (IRR) of 3.07%, which is equivalent to simple interest of 5.47%.
To sum up, the cash value (insurable interest) of Shi Sheng and Jin Yue is average, and the compound interest (irr) of most life extension in the market can reach about 3.3% in the 40th year of the policy.
Of course, Shi Sheng Jin Yue's insurance reduction rules are clearly written into the contract terms, and there is no time limit for insurance reduction. Some products on the market have a time limit for reducing warranty. For example, they are not allowed to apply for insurance reduction x years before the policy. If other products do not explicitly write the insurance reduction rules into the contract terms, they will be supervised and "patched" in the future.
It is also the general trend to reduce the limit by 20%, but some products are 20% of the basic insurance coverage and some products are 20% of the premium paid. Generally speaking, after the policy payment expires, the paid premium is greater than the basic insurance amount, so the product with 20% of the paid premium as the reduction limit has great advantages.
In addition, Shi Sheng Jin Yue's repeated insurance design can achieve intergenerational inheritance in disguise, extend the insured's maximum insurance benefits by 3.5%, and really lock in the interest rate. However, in terms of control, it is still weaker than the double insurance design, because the change of the insured in the double insurance design must be changed before death, while the change of the insured in the double insurance design can be changed after death (directly changed to the second insured designated before the death of the insured).
Second, what about whole life insurance in 2022? Is it worth buying?
1. The current price continues to increase, and the value of wealth will be protected for a long time.
After the payment is due for a certain period of time, the cash value will increase at a rate of about 3.5% per year, and the longer it takes. The higher the current price.
2. The amount of insurance will increase every year, hedging risks and guarding the value of life.
From the second policy year, the annual insurance premium will be increased by 3.5% on the basis of the previous year. The death or total disability insurance premium is the annual insurance premium, the cash value and the premium paid, whichever is the greater, so as to effectively deal with personal risks.
3. Optional double insurance, controllable wisdom inheritance.
Shi Sheng Jin Yue supports the establishment of dual insurers. If both parents and children are insured, the annual increase cycle of insurance amount and current price in Jin Yue, Shi Sheng can be extended.
When it is necessary to inherit, love and wealth wisdom can last for a long time through a series of operations to change double insurance into single insurance.
4. Support policy loans and make emergency preparations.
80% of the maximum loanable current price of policy loans in Jin Yue, Shi Sheng continues to grow, and the loanable amount is correspondingly increased to meet the urgent fund demand.