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What does the balance of principal and interest of PICC life insurance mean?
The balance of principal and interest probably refers to the sum of the principal (paid premium) in the current account and the interest generated, which generally appears in the provident fund or endowment insurance account. PICC Life Insurance is the abbreviation of China People's Life Insurance Co., Ltd. In the third quarter of 2022, the insurance company's core solvency adequacy ratio was 127.53%, the comprehensive solvency adequacy ratio was 2 15. 1%, and the comprehensive risk rating result in the last quarter of the same year was BB, which all met the standards stipulated by the CBRC. In 2022, the odds of PICC Life's small claims were nearly 100%, and the claim rate was 99.87%. Friends who are interested in PICC China and its products can read this article: What is the strength of PICC China? How about this fairy product?

PICC Life also has some good insurance products on sale at present, such as PICC Life I Worry-Free and Serious Illness Insurance (exclusive online). If the insured is diagnosed with a serious illness for the first time before the effective date of the 10 policy year (excluding), the insurance company will pay 150% of the basic insurance amount. If the insurance amount of 500,000 is selected, it will be equivalent to 750,000 yuan of serious illness insurance money. In addition, consumers can also choose 30% basic insurance premium for mild illness, 60% basic insurance premium for moderate illness and exemption insurance premium for mild/moderate illness according to their needs. Friends who need critical illness insurance can take a look at this list: Top Ten Hot Critical Illness Insurance Inventory Worth Buying!

And if you want to buy insurance wealth management products, Senior Sister suggested that you can consider annuity insurance and incremental whole life insurance. These two kinds of insurance are financial management, and the IRR of high-yield products can reach about 3.5%. In addition to income, when purchasing annuity insurance, you can pay attention to whether the product is guaranteed to receive xx years. When purchasing the augmented whole life insurance, you can check whether the product has other protection responsibilities besides death/disability insurance (such as aviation accident death/disability insurance, policyholder exemption, etc.). ). Want to know what products financial experts are buying? Take this link for example: Top Ten Wealth Management Products in 2023!

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