Before starting the text, if there is insurance, Xin is not very familiar with these two forms of life insurance. Let's take a look at this article and add some knowledge points:
What's the difference between term life insurance and whole life insurance? Senior sister tells you! 》
1. How did the prosperous voyage to whole life insurance (universal) perform?
In order to facilitate friends to know the details, senior sister made a product essence map:
1. Simple basic guarantee
After carefully reading the guarantee responsibility provided by whole life insurance (Universal Type) of Pacific Insurance, the first impression of Senior Sister is that this basic guarantee setting is too simple! Only death/disability insurance is included.
It is worth noting that many high-quality whole life insurance in the market not only set up death/disability insurance, but also added insurance contents such as accidental death/disability insurance for aviation or public transport. When the insured meets the compensation conditions, the insurance company will not only pay the death/disability insurance money as agreed, but also pay a certain proportion of money, which will bring more powerful protection to the insured.
Therefore, compared with this, the protection of Pacific Insurance's prosperous voyage to whole life insurance (universal type) is not very favorable.
2. Policy continuous reward
The continuous return of policy is an interest covered by whole life insurance (universal), the prosperous voyage of Pacific Insurance.
Starting from the corresponding date of the fifth effective date of this contract, if the insured survives, the company will continuously distribute the policy reward to the policy account according to the agreed amount on the corresponding date of the effective date of this contract every year.
However, on the corresponding day of the fifth effective date of the contract, the continuous reward of the policy is1%of the agreed insurance premium and the transfer insurance premium paid by dividends within five policy years from the effective date of the contract; However, from the corresponding date of the sixth effective date of the contract, the continuous reward of the policy is equal to 65438+ 0% of the premium agreed in the insurance contract and the transferred premium paid by dividends in the previous policy year.
However, it should be noted that wholesale premium and additional premium do not enjoy the opportunity of continuous reward in policy.
3. Wide insurance age
China Pacific Insurance's navigation link to whole life insurance (universal) is not without advantages, and the insurance age range is relatively close to the people. The youngest can be a five-day-old child, and the oldest is a 75-year-old man. They all have the opportunity to buy this product.
Compared with whole life insurance whose insurance age is 70, 65 and 60, CPIC's prosperous voyage whole life insurance (universal) can cover the needs of a wider range of people.
From this point of view, the setting of Pacific Insurance's prosperous voyage to whole life insurance (universal type) is still relatively friendly.
Due to the limited space, friends who want to know more details may wish to click this article:
What is the performance of "Pacific voyage to whole life insurance" (universal)? Senior sister tells you! 》
2. If you want to buy whole life insurance (universal), you should also pay attention to these!
1. Income measurement
Earlier in the article, Senior Sister said that the attraction of whole life insurance is "security+financial management", so after the security, Senior Sister also explained financial management to everyone.
Friends who are concerned about the nature of wealth management insurance will know that the IRR of whole life insurance, which is rare in the market, is generally around 3.5%, so what is the IRR of CPIC Airlines in whole life insurance (universal)? In fact, the age of the insured, the payment method and the premium paid will all have an impact on the actual rate of return of the product.
According to the public income case of Pacific Life, we can assume that a 40-year-old man pays a premium of 3 million yuan to insure this product for himself. If calculated according to the low-end settlement interest rate corresponding to the principal-guaranteed interest rate of 2.5%, when men are 70 years old (that is, at the end of the 30th policy year), the IRR is only set at 2.44%.
In other words, under such factors, the actual rate of return from Pacific Insurance's prosperous voyage to whole life insurance (universal) is not impressive.
However, the advice given by the senior sister is that this is actually only the calculation result of a specific case, and the real income situation still depends on the detailed policy contract.
2. Be careful to insure against universal insurance
People of insight made it clear that whole life insurance (universal), the prosperous voyage of Pacific Insurance, can be said to be a universal insurance. And we say that universal insurance is actually a bit complicated, reminding everyone that every premium we pay must first deduct a certain percentage of the initial cost, and then enter the personal account to add value.
The deduction ratio of the initial cost of whole life insurance voyage (universal) of Pacific Insurance is as follows: the current wholesale premium is deducted by 65,438+0%, the additional insurance premium is deducted by 3%, and the transfer premium is deducted by 65,438+0%. In addition, insurance companies will regularly collect risk protection fees from personal accounts in accordance with the contract.
It is equivalent to the expenses that we should consider deducting if we want to see the income. Therefore, as a universal insurance, the benefits of Pacific Insurance's prosperous voyage to whole life insurance (Universal) may not be as good as everyone imagined.
3. A large number of exemption clauses
Another thing that needs your attention is the exemption clause. Taibao Shi Sheng Navigation whole life insurance (Universal) has now set a total of seven exemption clauses, and the number will actually be more.
Generally speaking, our common exemption clauses in whole life insurance are 3-5. It is natural that the smaller the number, the more enthusiastic consumers are. But after all, under the premise of other conditions being the same, the exemption clause is simple and the possibility of getting claims is high.
To sum up, the performance of whole life insurance (Universal) of China Pacific Insurance is not outstanding. Although the age range of insurance is relatively large, the protection is not very good, and the exemption clauses are also increasing. And this is universal insurance, friends must be careful to insure ~
If you are looking for a more cost-effective whole life insurance, here are some good product recommendations in Xue Jie. You can look at this link:
"Just out of the oven! Five High-yield and Profit Increasing whole life insurance, don't miss it! 》
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