what is the coverage of China merchants bank's credit card financing insurance?
at present, financial insurance on the market is mainly divided into three types: dividend-sharing, universal and investment-linked. Let me introduce the coverage of a financial insurance newly launched by China Merchants Bank Credit Card-Jinsheng Companion Pension Insurance (universal).
1. Survival guarantee
During the period from the third policy anniversary of the independent contract to the first policy anniversary after the insured reaches the age of 59, if the insured is still alive at 24 o'clock on the policy anniversary, the insurance company will pay 5% of the basic insurance amount of the main contract. ? Which insurance company is stronger? I just sorted out the relevant contents, hoping to help you: the latest list! Top ten insurance companies in China rank
II. Pension protection?
from the first policy anniversary after the insured reaches the age of 6, if the insured is still alive at 24 o'clock on the policy anniversary, the insurance company will pay 3% of the basic insurance amount in the main contract. ?
third, annuity protection?
from the second anniversary of the fifth policy in this supplementary contract, the annuity beneficiary may apply to the insurance company for an annuity. If an annuity beneficiary applies for an annuity, and the insured survives at 24 o'clock on the policy anniversary after the annuity beneficiary applies, the insurance company will pay the annuity at 1% of the personal account value on the policy anniversary, and the personal account value will be reduced by the same amount.
iv. death protection
if the insured dies, the insurance company will pay the death insurance premium to the beneficiary according to the total insurance premium paid by the insured in the main contract. The main contract shall be terminated upon the death of the insured.
v. exemption protection
if the insured dies or is totally disabled during the insurance period of this supplementary contract, the insurance company will be exempted from the insurance premiums of the remaining installments of the main contract and other supplementary contracts as of the first agreed payment date after the insured dies or is identified as totally disabled. ?
Special reminder: Jinsheng's accompanying pension insurance takes the form of investment appreciation as a reserve for future pension, but it has certain risks and can't guarantee the increase in value. Moreover, the deduction fee in the first five years is high, and of course its income opportunity may be greater than that of traditional pension insurance for the middle-aged and elderly. Therefore, this product is more suitable for high-income people to buy, and short-term investors, families with lower income levels and middle-aged and elderly people are not suitable for buying.
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