In fact, it is to let you pay the money in the agreed way first and then collect the money in the agreed way. The amount and method of collection are written in the contract, in black and white, which belongs to the new redemption.
Extended data
Personal annuity refers to a trust model, in which employees extract a certain percentage of their wages from their work every month and deposit them in a bank trust. After retirement, the bank trust pays employees in batches. At present, it is more common abroad. The newly popularized pension fund in China belongs to this category. Variable personal annuity is a product developed by combining annuity with variable life insurance to prevent inflation from affecting personal savings pension. Its cash value and investment in annuity payable fluctuate with the investment situation. This kind of insurance is a major type of insurance abroad and an important part of old-age insurance. At present, China's endowment insurance still belongs to the category of basic endowment insurance.
Regarding the annuity purchase, it is much more reassuring to consult Mintebao. Mintebao directly receives C-end customers through the IM function of Wulai platform. You can give the receptionist a candidate reply by recommending the function of sug, and the receptionist can quickly choose an accurate answer by clicking it. If there is no correct answer, you can edit the reply directly. It can not only ensure accuracy, but also improve efficiency.