Now let's take a look at the incomplete guarantee of this product and see if it can meet everyone's needs.
Those who are in a hurry can read this article in advance:
Is AIA Shi Sheng Classic Exclusive Edition whole life insurance Really Worth Starting with? Let's talk about it after reading the income! 》
1. What guarantees does AIA Shi Sheng Classic Premium Edition whole life insurance have?
Before it's too late, I'll bring you the protection map of this product:
It is easy to know from the picture that this product has less protection and provides death or total disability insurance. However, death and total disability insurance only compensate for one of them. In addition, it is equipped with automatic premium prepayment and loan rights. Today, Sister Xue will seriously explain how this product is guaranteed!
1, with a wide age range.
Whole life insurance, the classic exclusive edition of Shi Sheng, allows people born between 7 days and 70 years old to take out insurance, which means that the upper limit of insurance age is 70 years old. Compared with similar products with insurance ages of 60 and 65, the insurance age range of this product is quite satisfactory. It is also more reasonable for the elderly.
2. The payment term is flexible.
The payment period of Shi Sheng Classic Exclusive Edition whole life insurance is quite considerate, which can be determined as 3 years, 5 years and 10 years, which is suitable for consumers with different consumption needs. In the case of the same annual premium, if customers want to get more income, they can increase the payment period for a longer period.
3. Effective insurance coverage is increasing year by year.
Whole life insurance, a classic exclusive edition of Shi Sheng, has effective coverage and belongs to the increasing whole life insurance. According to the contract, the effective insurance amount in the first policy year is the same as the basic insurance amount.
However, starting from the second policy year, the effective insurance amount of each policy year will increase by 3.5% on the basis of the effective insurance amount of the previous policy year. In other words, the effective coverage of this product will increase year by year. The longer the life of the insured, the higher the value.
Speaking of which, if you have friends who don't know much about whole life insurance's increase, you must read this article first, which is very practical:
"Who can manage money in whole life insurance, and who can preserve capital and increase value?" ? Is it worth starting with? 》
2. Please pay special attention to these points before insuring AIA Shi Sheng Classic Exclusive Edition whole life insurance!
1, with many exemption clauses.
The exemption clause refers to the contents and situations in which the insurance company does not bear the insurance liability, similar to the injury caused by the applicant to the insured, the insured's suicide, drug abuse, drunk driving and so on.
There are seven exemption clauses in whole life insurance Classic Premium Edition. Compared with those in whole life insurance where the exemption clauses are set at 3 or 5, this product actually has more exemption clauses, which means that the scope of protection for the insured will be smaller, and it is not very considerate for the insured!
2. The guarantee content is relatively simple.
Looking at the above picture, we can see that Shi Sheng's classic exclusive version of whole life insurance is ill-conceived, and only covers death or total disability. It should be understood that excellent whole life insurance products on the market include accidental death or total disability insurance, aviation accidental death or total disability insurance, holiday accidental death or total disability insurance and so on.
Take aviation accident death or total disability insurance as an example. If the insured is in danger due to an aviation accident, the insurance company will generally pay an extra sum of money to the insured or his family in addition to providing death or total disability insurance.
For customers, this money can give them greater protection. Frankly speaking, the protection content of Shi Sheng whole life insurance Classic Exclusive Edition is really not too much. I hope I can improve a little later.
On the whole, Shi Sheng's classic exclusive version of whole life insurance has the advantages of wide insurance age, flexible payment period and increasing effective insurance coverage year by year.
However, it should also be noted that there are many exemption clauses for this product, and the protection content is not comprehensive enough. I suggest that friends can look at other similar products with better protection on the market first, and then choose an insurance that can meet their own needs!
Finally, Senior Sister arranged several high-yield and increased whole life insurance products for everyone. Interested friends don't miss:
"Just out of the oven! Five High-yield and Profit Increasing whole life insurance, don't miss it! 》
Write it at the end
I am an expert in insurance, focusing on objective, professional and neutral insurance evaluation;
If the above content has not solved your problem, you can also come to the official account of WeChat to learn to bully and say that insurance consulting me;
I give you the most professional advice based on many years of experience in configuring insurance for 10W+ families.
WeChat official account: Xueba said that insurance costs less, buy the right insurance!