In recent years, high-value life insurance policies with the functions of "tax avoidance, debt avoidance and wealth transfer" have become the first choice tool for the rich to manage their finances. In 20 13, high insurance policies with premiums exceeding 100 million appeared in Beijing and Shenzhen. At this point, Hong Kong insurance companies have long been ahead of mainland insurance companies, and hundreds of millions of premium policies have appeared many years ago.
Whether from the perspective of policy income or protection, Hong Kong's high-value life insurance policies are higher than those in the Mainland. At the same time, it should be noted that the investment threshold of high life insurance policies in Hong Kong is at least1000000 USD, which can be used for premium financing. Undoubtedly, the rate of return and high security are important reasons to attract mainland rich people to buy high life insurance policies in Hong Kong.
In addition, with high life insurance policies, trust has also become an important combination tool for the rich to manage their finances. In this respect, the mainland is far less mature than Hong Kong or overseas.
Popular financial management methods in Hong Kong
In Hong Kong, "trust+high insurance policy" is often the standard collocation for high-net-worth customers. This asset management model has been developed for many years and is very mature, which deserves the attention of high net worth people.
Taking AIA's life insurance products as an example, Hong Kong insurance companies can hold insurance policies in cooperation with overseas trusts, which greatly improves the efficiency of capital utilization. Rich people in Hong Kong also like to use a combination of trust and life insurance. The specific method is to designate the beneficiaries of high-value policies as trusts, and then the trusts will distribute the compensation and premiums. This combination can be passed on, improve the efficiency of capital utilization and avoid potential conflicts of interest.
The famous American trust case
After Steve Jobs died, his legacy remained a mystery. The outside world only knows that Jobs and his wife have entrusted at least three properties to trust management in 2009. 2011165438+1On October 25th, Jobs' widow handed over 7.7% of Disney shares to the trust fund. The outside world may never know how these assets will be allocated
What is a large life insurance policy (large life insurance policy)?
The insurance industry commonly known as the large insurance policy refers to the insurance policy whose premium is higher than the average premium by a certain amount, which is more investment than protection and has the functions of "tax avoidance, debt avoidance and inheritance". Insurance companies set different premium thresholds for large-value policies, some of which are $300,000 and $500,000, and some companies require more than $6,543,800+0,000 to be considered as large-value policies.