AIA Life has designed a whole life insurance product called Shengshi Classic Exclusive Edition. It is said that this product is sold by China Postal Savings Bank.

Now, let's take a look at the incomplete guarantee of this product and see if it can meet everyone's needs.

For those who are in a hurry, you can read this article in advance:

Is whole life insurance, the classic exclusive edition of AIA Shengshi, really worth starting with? Let's talk about it after reading the income!

1. What guarantees does AIA Shengshi Classic Exclusive Edition whole life insurance have?

Without further ado, let's bring the protection map of this product to everyone first:

It is easy to know from the map that this product has less protection content and provides death or total disability insurance. However, death and total disability insurance only compensate for one of them. In addition, it is also equipped with the rights of automatic premium advance and loan. Today, Sister Xue will seriously explain how this product is guaranteed!

1. The range of insurance age is wide

The whole life insurance Classic Privileged Edition allows people who are born from 7 days to 7 years old to apply for insurance, which means that the maximum insurance age is 7 years old. Compared with those products of the same type whose insurance age is 6 or 65, the insurance age range of this product is quite satisfactory. It is also more reasonable for the elderly.

2. The payment period is flexible

The payment period of whole life insurance, the classic exclusive edition of Shengshi, is quite thoughtful, and it can be determined to be paid in 3 years, 5 years and 1 years, which is suitable for consumers with different consumption needs. Under the condition of the same annual premium, if customers want to get more income, they can add a longer payment period.

3. Effective coverage is increasing year by year

The whole life insurance Classic Premium Edition is covered with effective coverage and belongs to an increased whole life insurance. According to the contract, the effective insured amount in the first insurance policy year is the same as the basic insured amount.

However, starting from the second policy year, the effective insurance amount of each policy year will increase by 3.5% on the basis of the effective insurance amount of the previous policy year. In other words, the effective coverage of this product will increase year by year. If the insured lives longer, it means that the value will generally be higher.

Speaking of which, if there are any friends who don't know much about the increase in whole life insurance, you must read this article first, which is very practical:

"Who is the sacred whole life insurance that can manage money and guarantee the increase? Is it worth starting with?

2. Before insuring AIA Shengshi Classic Exclusive Edition whole life insurance, you should pay special attention to these points!

1. There are many exemption clauses

Exemption clauses refer to the contents and situations in which the insurance company does not bear the insurance liability, which are similar to the injury caused by the applicant to the insured, the insured's suicide, drug abuse, drunk driving and so on.

There are seven exemption clauses in whole life insurance, the classic exclusive edition of Shengshi. Compared with whole life insurance, which has three or five exemption clauses, there are actually more exemption clauses in this product, which means that the coverage of the insured will be smaller, which is not very considerate for the insured!

2. The coverage content is relatively simple

After browsing the above picture, we can see that the coverage content of whole life insurance, the classic exclusive edition of Shengshi, is not very thoughtful, and only covers the death or total disability insurance. It should be understood that the outstanding whole life insurance products on the market not only stipulate the death or total disability insurance, but also include accidental death or total disability insurance, aviation accidental death or total disability insurance, holiday accidental death or total disability insurance and so on.

Take aviation accident death or total disability insurance as an example. If the insured is in danger due to aviation accident, the insurance company will generally pay the insured or his family an extra sum of money in addition to the death or total disability insurance.

For customers, this money can give them greater protection. Frankly speaking, the guarantee content of the classic exclusive edition of whole life insurance in Shengshi is really not too much. I hope it can be improved little by little in the later period.

On the whole, whole life insurance, the classic exclusive edition of Shengshi, has the outstanding features of wide insurance age, flexible payment period and increasing effective insurance coverage year by year.

However, it should be noted that there are many exemption clauses for this product, and the protection content is not comprehensive enough. It is suggested that friends can first look at other similar products with better protection on the market, and then choose an insurance that can meet their own needs!

Finally, Senior Sister has also sorted out several high-yield and increased whole life insurance products for everyone. Interested friends should not miss it:

"Fresh from the oven! Five High-yield Increases whole life insurance, Don't miss it!

Written at the end

I am a schoolmaster who talks about insurance and focuses on objective, professional and neutral insurance evaluation;

If the above content has not solved your problem, you can also come to WeChat official account Xueba and ask me about insurance.

I will give you the most professional advice based on years of experience in configuring insurance for 1W+ families.

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