Let's talk about shortcomings first.
Compulsory investment cycle is relatively long, and surrender cannot be considered in the first 30 years.
The product guarantee function of pure capital operation is relatively simple, and it is impossible to experience the actual function of insurance.
It belongs to the insurance superstructure and is suitable to be used in conjunction with other security products.
To put it bluntly, it is a means of tax avoidance and transfer of existing assets. Poor cash withdrawal ability, usually only 6 months loan period. So don't buy it easily if it's not spare money!
Advantages: The overall income is good.
It is suitable for the distribution and use of family assets, and its function is to ensure the precipitation of idle capital and tax avoidance. In particular, we should avoid two huge future expenses, namely, property law and inheritance tax.
As a supplementary fund for children's education and pension, or as a special implementation platform for family funds.
First of all, Fushou is returned every other year, not once a year.
All surrenders are calculated according to the cash value of the policy at that time, which is generally related to the capital utilization rate of the insurance company. If you only look at the cash value of dividend insurance, this ratio is 56-57% (excluding the money returned every other year). When will the cash value be greater than the principal, 40 years later? Therefore, just looking at the cash value, surrendering after 20 years seems to be a loss.
However, if you add the money returned every other year, you can calculate 10% of the basic insurance amount, which is 10 times. You can get back the basic guarantee of 10%X 10. = 100%. For example, 20-year payment, 5W basic guarantee, and annual payment of 8220. Total investment 164400! ! ! After 20 years, the cash value of surrender is converted to 88,000-90,000. You can get 88000+50000= 138000. The loss is 26400. (no dividends) or a loss!
How much is the bonus?
Surrender benefit+cash value of 88,000 yuan +5W (basic insured amount) +20-year incremental bonus+ending bonus.
Fushou's dividend will increase by two parts. One is the basic insurance amount, and the other is the annuity.
Therefore, the coverage of basic insurance is constantly expanding.
Annuity collection is also increasing,
Give you three practical examples.
A child of 0 years old. The insured amount of 50,000 yuan will be paid in 20 years, with an annual payment of 8,220 yuan. By the age of 88, the total income is
88-year-old cash value (including principal) plus fixed annuity (paid according to the contract) benefits about 654.38+0.35 million. It's in the policy contract. () Your principal is 16. 440,000 =8.2 1 multiple income. If 88 years is used for the income of 82 1%, the annual interest rate is 9.33 (dividends are not added in the above calculation). Assume that the total income calculated by mid-range dividend can reach 6.5438+0.74 million. The converted annual interest rate is 12%. 12%-9.33%=2.67% dividend is low enough!
50,000 insurance coverage for 30 years old and middle age, 20 years, and 9560 yuan per year. The total investment is 19 1200, and the total income from the age of 88 is.
88-year-old cash value (including principal) plus fixed annuity (paid according to the contract) benefits about 788,000. It's in the policy contract. () Your principal is19.10000 = 4.125 times the income. If you get 4 12.5% income in 58 years, the annual interest rate is 7. 1 1 (the above calculation does not include dividends). Assuming that the total income from mid-range dividend calculation can reach 886,000. The converted annual interest rate is 8%. 8%-7. 1 1%=0.89% dividend is low enough!
50,000 middle-aged and elderly people aged 40, paid in 20 years 108 10 yuan every year. A total of 2 16200 was invested, and the total income from the age of 88 was
88-year-old cash value (including principal) plus fixed annuity (paid according to the contract) benefits about 678,000. It's in the policy contract. () Your principal is 265,438+06,000 = 3.65,438+0.4 times the income, and the annual interest rate is 6.54 (the above calculation does not include dividends). Assuming that the total income from mid-range dividend calculation can reach 678,000. The converted annual interest rate is 7. 14%. 7. 14%-6.54%=0.6% dividend is low enough!
Whether it will lose money after 20 years depends entirely on the actual operation of the company.
According to the regulations of the CIRC, the dividend of the insurance company is divided, which is 70% of the actual operating income. In fact, such a short time? The answer is not necessarily! Think about it. Now the whole insurance system is in a state of chaos. The actual operating conditions of each insurance company are absolutely different. If every customer buys insurance products according to the dividend level, then China Company will be completely destroyed. The reason is very simple: China Company's previous management mode, sea tactics and the sequela caused by the impact of high-interest products on the market. Only domestic employees of Chinese-funded companies have nearly tens of millions of salaries, bonuses and benefits. What about the institutions that opened the market in the early stage and the operation of high-interest products? You should know that the average fixed interest rate of the insurance bought at the beginning of 1990 is more than 16%. What was the bank interest rate at that time? Yes 12%! 1990 is the annual interest rate of the policy bought at the beginning of the year still above 16? What's the bank interest rate now? Five years old, three years old. 6。 Four times the price difference loss. And the fixed interest rate 12% accounts for 60% of the total customers of China company. Who will fill the vacancy? New customers of the insurance company to make up for it. Only five years after returning from overseas, Taiping Life has no such gap, and its income is relatively guaranteed. At least there is no difference in spread loss. Secondly, the company's asset management level and return on investment rank first or second in the country. It's in the newspaper and online.
Therefore, it is an indisputable fact that the interest rate and dividend setting of insurance companies will be higher than the bank interest rate in the same period. (Note that I am talking about the interest rate for the same period) Now we are facing the era that the world will enter negative interest rates. It is only a matter of time before China achieves zero interest rate. As a means of national macro-control, interest rate has inherent uncertainty. I believe that people who can only calculate the interest paid by deposit banks have never thought about it. What will you do in the face of zero interest rate? ? As for the loss caused by surrender, it is a personal matter.
The key is how to manage money correctly. Buying insurance doesn't mean getting all your belongings in! Don't covet his profit return. If you want to pursue returns, you can do stock futures and so on. But don't forget that 80% of people in the capital market are losing money. Even Buffett recently lost more than 10 billion. Besides, we in Ant Man. To tell the truth, the money deposited in the bank will not increase in value, because no matter how high the interest rate is, you will transfer the principal and use it when you get the interest. This is the disadvantage of liquidity. The generation of 50-60 knows how to save for a rainy day, so what they do is to transfer the principal and interest together. As long as they have income, they save it every month and every year. You know, when they are 50-60 years old, they only save tens of dollars when they are young, and they only save a dozen or twenty dollars a month. Wages did not rise until 1990. ) it is because of long-term habitual deposits. They realize capital accumulation.
Understanding based on the characteristic evaluation of this insurance.
Personally, the purchase of insurance varies from person to person, which mainly reflects the psychological dominant factors of buyers.
It is recommended to buy insurance, mainly focusing on the protection type rather than the financial management type of this fund operation. After all, financial insurance mainly lies in the long-term accumulation of capital and tax avoidance function. Compared with similar products of other insurance companies, this financial insurance of Taiping Life Insurance has different advantages.