Whole life insurance (participating type) is very popular on the Internet. I heard that the price/performance ratio is very high. Many friends are asking, is the price/performance ratio of whole life insurance (participating type) really so high?

Is it really worth buying?

Today I want to take a look at Lifetime Whole Life Insurance (participating type) with everyone to see if it is really so good?

Click the link below to learn about the true face of Zhongyi Zhongyi Whole Life Insurance (Participating Type): "What are the highlights of Zhongyi Zhongyi Whole Life Insurance (Participating Type)?"

One article analysis!

》1. How is the performance of China Life Insurance Whole Life Insurance (dividend type)?

As always, let me first take a look at the product form diagram of Zhongyi Yishengyi whole life insurance (participating type): 1. Analysis of insurance rules. At present, the insurance rules of Zhongyi Yishengyi whole life insurance (participating type) mainly include the insurance age and the protection period.

It can be understood from the insurance age that Zhongyi Zhongyi Whole Life Insurance (participating type) allows consumers from 7 days old to 70 years old to apply for insurance. The scope is not narrow and can cover people of multiple age groups.

Whether you want to insure your children with an incremental whole life insurance as an education fund or a house purchase fund, or middle-aged and elderly people who want to use it to supplement their pension funds, or you want to inherit a fortune for future generations, you can now use this product to satisfy your needs.

need.

In addition, most of the same type of products on the market only allow people around the age of 60 to apply for insurance, and older people are turned away at the age of insurance.

After comparison, Zhongyi Zhongyi Whole Life Insurance (dividend type) is particularly heart-warming for the elderly.

Next, let’s take a look at the protection period of Zhongyi Zhongyi Whole Life Insurance (participating type), which is only equipped with lifelong protection.

To put it another way, after equipped with this product, the insured can get lifetime protection.

2. Protection liability analysis The protection liability of Zhongyi Zhongyi Zhongyi whole life insurance (participating type) covers death and total disability protection, and the compensation method includes paid premiums, corresponding benefit ratios, effective insurance amounts, etc., which is relatively complicated.

In addition, the insured of Zhongyi Zhongyi whole life insurance (participating type) can also enjoy dividend distribution and a number of practical cash value rights.

Here, I will focus on the effective insurance amount.

After reading the terms of Zhongyi Zhongyi whole life insurance (participating type), we can find that the annual effective insurance amount in the first policy year is equal to the basic insurance amount; starting from the second year of the contract, the annual effective insurance amount in each policy year is the basic insurance amount.

The sum of the amount X1.035∧(n-1) (n is the policy year) and the accumulated bonus insurance amount.

Among them, the basic insured amount

In the case of distribution, the bonus will be converted into a certain amount of insurance in accordance with regulations.

As the policy holding period slowly extends, the effective insurance amount continues to increase, and the protection of this product is becoming stronger and stronger. Moreover, it can better transfer the impact of the insured's death and total disability on the family.

risk of economic loss.

If you want to compare other products with incremental insurance coverage, you can take a look at the Lifetime Care Insurance, which is full of highlights: "What should you pay attention to before buying Lifetime Care Insurance?"

》2. Is China Life Insurance Whole Life Insurance (dividend type) worth buying?

From the above, we know that Zhongyi Zhongyi Whole Life Insurance (dividend type) has advantages in terms of insurance conditions and protection responsibilities. It is a cost-effective product in terms of the wide insurance age range and the increase in the effective insured amount.

,worth buying.