After the state stipulates that the predetermined interest rate of annuity insurance should not exceed 4.025%, such products can be understood as a means of prudent financial management, which is actually the same as putting money in the bank.
Even the yield of some products is not as high as the bank's regular interest rate.
What is the yield of China Life Hongfu Supreme Annuity Insurance (dividend type)? Is it high or low? Let's discuss it.
I. Analysis of Hongfu's Maximum Guarantee Content
The guarantee content of Hongfu Supreme is easy to understand. Income and death insurance are two parts of Hongfu's ultimate protection, while annuity, survival fund and maturity fund are three parts of income. For details, let's take a look at the following figure:
Let's first study the guarantee content of Hongfu Supreme and analyze its advantages and disadvantages.
Advantages:
1, flexible payment period
Hongfu Supreme Payment can be paid not only in three years, but also in five years, 10 year. You can choose flexibly according to your actual income and future planning.
Usually, people prefer products with longer payment periods, because the longer the payment period, the less the annual premium, and maybe we won't feel so sad.
However, early payment and late payment are required, and the money we put into annuity insurance belongs to money that will not be used in the near future, so the specific payment method is still based on personal choice.
2. Support annuity conversion
The so-called annuity conversion means: generally speaking, the insured's contract can only take effect after the insurer agrees, so the insurance money obtained is converted into another annuity insurance.
After Hongfu Supreme Policy expires, you still want to get the maximum benefit. It is very convenient to directly apply for changing the insurance premium into other products.
Insufficient:
Death guarantee is not strong.
Regarding the death protection of Hongfu Supreme, only the paid premium is returned, while most products of the same type have extra compensation or a large amount (premium, insured amount, cash value).
For the pillar of the family, once he dies unfortunately, his daily expenses, children's education expenses, mortgage and so on. Maybe it's all lost.
I hope that Hongfu Supreme's death protection will be effectively improved and catch up with other products.
However, as I said above, the most important thing to buy annuity insurance is the rate of return, so the advantages and disadvantages of Hongfu Supreme are relatively unimportant. What matters is how it performs in terms of rate of return.
Second, Hongfu's supreme rate of return is exposed!
Taking a 30-year-old male as an example, the IRR is calculated with the annual payment of 10 and the annual premium of10,000 (the basic insurance amount is 24,820 yuan). The specific results are as follows:
Finally, it is concluded that the IRR of Hongfu Supreme is only 2%, which has not reached the level of the bank's fixed interest rate (2.75%). Even if Hongfu Supreme is growing with compound interest, there is still a big gap.
Like some annuity insurance with high yield, IRR can reach 3% or even 4%, and Hongfu Supreme is not bad at all:
"More inclined to high-yield annuity insurance? This 10 is the best for us to buy! 》
Some people may question: "Your calculation is incorrect, and the dividend of Hongfu Supreme will not be so small, right? At the same time, it also covers general accounts! "
Relax, senior, let me introduce you one by one ~
1, dividend issue
The so-called dividend is that the insurance company will draw a part of the company's disposable surplus every year and distribute it to the insured in a profitable way.
The dividends of insurance companies mainly come from three aspects: dead difference, spread and fee difference.
In other words, the dividend income is linked to the actual operating results of the insurance company, but there may be no dividend.
In addition, the dividend and profit income of dividend insurance companies are opaque. How much you can earn, how to divide dividends, and how much you generally divide, are all arranged by the insurance company itself. In this case, the dividend of the insurance company is both an "athlete" and a "referee".
Successfully uncovered the reasons for the high complaints about dividend insurance.
2. General account
Universal account is equivalent to: survival fund (annuity) returned by insurance company. If you are not in a hurry to collect, you can choose to let the money enter the universal account to realize value-added.
Guaranteed rate of return, mid-range interest rate and high-grade interest rate are the three interest rates of universal account. In addition to the above, insurance companies also have actual settlement interest rates.
Let's just say. When all the general universal accounts and new products are sold, the settlement interest rate is still very high, at least around 5%. The settlement interest rate will not be constant all the time, but will gradually decrease with the movement of time, but will eventually reach a certain range of 3%-4%.
In order to help you avoid the pit of annuity insurance, senior sister shared her summary guide with you:
Understand this big move and easily avoid the 99% pit of annuity insurance.
Write it at the end
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