In other words, before the new policy of the CBRC comes out, the products that have been listed for sale with an advance interest rate of 4.025% will not be affected.
What Lao Xie is going to talk about today is the phenomenon that some companies are still selling annuity insurance while others are not, including the phenomenon that you can often see some insurance agents in Wuhan start speculating day and night and stop selling annuity insurance. Old crab's advice is: don't follow the trend, don't buy blindly.
Next, the old crab will talk specifically.
You can learn from this article:
Annuity insurance means that the insured or the Wuhan insured pays the insurance premium in one lump sum or on schedule day and night. The Wuhan insured pays the insurance premium every year, half a year, every quarter or every month on the condition that the Wuhan insured lives day and night until the Wuhan insured dies or the insurance contract expires. It is a kind of life insurance, which guarantees the insured to get economic benefits day and night in Wuhan when he is old or incapacitated.
According to different classifications, Old Crab divides annuity insurance into the following categories:
What is annuity insurance?
What we often see is spot annuity, which is usually paid this year and paid back the next year. This is also document 134, which is explicitly prohibited. After the annuity, it becomes a deferred annuity from the beginning of the return period, that is, it will be returned after 5 years at the earliest.
annuity insurance
If you confirm that you want to buy an annuity insurance and don't want to buy a pit as commented on online, then we will continue to look down and make a comparative analysis mainly through the following latitudes:
1 yuan. Fixed return or dividend?
At present, the popular products on the market are mainly divided into: Escape from the Chamber of Secrets: Champions League:
We have explained the dividends of insurance companies before. In fact, the dividends of wealth management insurance are not directly related to the dividends of shareholders and the profits of the company. Due to legal supervision, the investment channels of insurance funds in China are limited, and it is unrealistic to expect high dividend returns.
Moreover, in extreme cases, there may be cases where shareholders of insurance companies pay high dividends but do not pay dividends to customers. Don't be misled by exaggerated propaganda.
When choosing, we need to know one thing: do we buy this insurance with dividends or without dividends? Compare the confirmation information and see which return method you prefer.
Champions League. Assumed interest rate
An important factor to measure the price of products is the predetermined interest rate. The higher the predetermined interest rate, the higher the rate of return of insurance companies to customers. For products with the same insurance coverage, the premium to be paid is lower because of the increase of the predetermined interest rate.
The higher the predetermined interest rate, the insurance company will transfer more risks to itself, so when choosing products, try to choose products with higher predetermined interest rate.
In 20 13 years, the CIRC started the life insurance product fee reform, and in 20 15 years, it was faster &; Amp "Anger 9" carried out the dividend-paying life insurance premium reform, which stimulated the market vitality and a large number of competitive products came into being. After the fee reform, the maximum predetermined interest rate of annuity insurance can reach 4.025%.
However, recently, due to regulatory restrictions, the predetermined interest rate of non-dividend annuity insurance will not exceed 3.5 yuan%, and the predetermined interest rate of dividend annuity will generally be lower, but there are uncertain dividends.
Are they all speculating on 4.025% annuity insurance?
Jurassic world 3. vieid
Universal accounts are generally financial accounts belonging to annuity insurance or other insurance. Universal account is a good thing, but with the design of various insurance companies, benefits such as down payment return, dividends, annuities and survival funds are put into universal account, which also makes product comparison more complicated and difficult.
But! Please look for one: choose a universal account with high settlement interest rate.
In other words, no matter how the bank interest rate changes in the future, this account needs to be provided for one year.
It really takes a lot of effort to buy an annuity insurance. Don't bargain for a few dollars and cents when buying other things, just buy annuity insurance with your eyes closed.
Old Crab chose the best-selling products from 10 yuan:
Let's start with a table:
Comparative evaluation of popular annuity insurance products for coronavirus pneumonia-19
Look at the red color and you will know that the product recommended by the old crab here is Xintai Ruyixiang, but for the sake of fairness, here we analyze each product according to international practice:
Xintai yiru lane
superiority
1 yuan. Versatile
The pension of the new Ruyi old-age insurance can be received monthly or annually, and can be changed before the date of receiving the pension. Come whenever you want, isn't it willful?
It can be used as a child's education fund, a marriage fund and, of course, a pension. Consumers can choose freely. This product is hard to find.
Champions League. High growth rate of cash value
The cash value growth rate of the new Ruyi pension insurance is 4.025%. What does this mean? It also shows that the income of this product is guaranteed, and the cash value of the later policy is relatively high.
Jurassic world 3. The insurance is flexible and does not require a medical examination.
No matter how high the insurance coverage is, you don't need a medical examination to buy this product. Insurance without insurance is a pie in the sky!
In addition, you can also attach the master account of Xintai Jin's shopkeeper, so that Jurassic World can keep its interest rate at a low rate of 3%. The current interest rate is 5%, and there is no upper limit.
Disadvantages: the early cash value of Xintai Ruyi's pension insurance is relatively low, and the funds are slowly withdrawn. In other words, there will be some losses if you withdraw. If the cash value is higher than the premium, surrender.
There's nothing to lose.
Ping An Insurance Xi Life Insurance (Children's Edition Adult Edition)
Advantages: Ping An brand has strong advantages.
Disadvantages:
The guaranteed interest rate of Jin Life Insurance is 1.75%, which is the lowest among the evaluated products. Therefore, the annualized rate of return of these two products (children's adult version) is relatively low in the case of low-grade dividends and low-grade income.
The highest guaranteed annualized rate of return of gold is 2.47%, which does not have a competitive advantage. The refund for the fifth and sixth years of the product policy is only 50% of the annual payment, which is much worse than other products.
As an education insurance, the sum of money received by the university in four years is equivalent to 1 year premium; As a pension, the pension received is also relatively small; Overall, the cost performance is very low.
China Life New Xiang Jin Sheng B
Advantages: China Life has a high brand awareness.
Disadvantages:
1. The payment time is not flexible.
There is only one option for item B payment time: 10 year, which is very limited.
2. There is a handling fee for the universal account.
In the first year, you can put money into the universal account at one time, and you can add money into it at any time in the future. The handling fee is 2% for each transaction.
3. It is not a real endowment insurance.
When men reach the age of 60 and women reach the age of 55, they can start to receive the annual quota. The amount to be collected should be agreed with China Life Insurance at the time of application, whether to use the money accumulated in the universal account or pay according to a certain proportion. If we use the money saved many years ago, when the money in the account runs out, we can never get it back.
In a real sense, as long as the insured is still alive, even if the account value is zero, he can continue to receive the agreed amount until the insured dies and the contract is terminated.
What is 4.025% annuity insurance?
Taikang life xinfu annuity insurance
Advantages:
1. Flexible choice of payment time
Flexible choice: 3/5/ 10/ 15/20 years. Old crab thinks that everyone can choose their own life according to their own arrangements, which deserves extra points.
2. A growing pension
This product has an outstanding feature. Take the old crab as an example, male, 30 years old, with an annual salary of 50,000, 10 years old:
At the age of 65, he received a pension of 4 189.5 yuan. After the age of 65, you can receive 105% of the previous year's pension every year until you are 105 years old.
Today, when the average age is about 80 years old, this clause has practical significance. If the insured reaches the age of 105, he can withdraw 18463556 yuan at the age of 105.
However, there is a prerequisite that it has never been withdrawn before.
Disadvantages:
1. Low cash value
In the 10 year after the payment is due, the ratio of cash value to premium paid is less than 45%. In other words, everyone pays 500,000 premiums and surrenders before the annuity is generated, and the principal cannot be recovered.
2. Poor flexibility
The cash value of Taikang Xinfu Nianxin account portfolio can only be withdrawn after surrender, or it needs to wait until the universal account has money (only 20% of the account value can be withdrawn every year).
Secondly, when there is the first survival fund five years later, take out the survival fund (there is no money to add value to the universal account after taking it out). So the flexibility is very poor.
Tianan heirloom annuity insurance
Advantages:
1. Comprehensive guarantee
Can provide pension and death protection.
2. Fixed return
The income is stable, and the guaranteed rate of return is above 4%. Even if there is zero interest rate or negative interest rate, it will not affect the yield of pension.
3. High cash value
For example, a 27-year-old adult lady has taken out Tianan heirloom annuity insurance 10, and paid for life 10 years. Annual premium 1 10,000 yuan, cash value at the age of 50194438+10,000 yuan.
4. The policy can be loaned.
Tianan Chuanjiafu policy has a high loan amount and flexible funds, which can be retained.
Disadvantages: it is difficult to resist the influence of inflation, because the products purchased have a fixed interest rate. If the inflation rate is relatively high, there is a risk of depreciation in the long run.
Hongkang will accompany you all your life.
Advantages:
1. High yield
For this product, the insured can freely choose to get a refund from the 5th/10/15/20th anniversary or the 50th/60th anniversary of the policy.
Here's an analogy: the insured chooses the fifth anniversary to start collecting. The 60-year lifetime yield of the policy is close to 4%, and the predetermined interest rate is 4.025%.
Therefore, in the absence of universal accounts and dividend income, such income is still considerable.
2. Come back every year
Another advantage of this product is that it will return more than 10 thousand yuan in cash every year, and the insured who likes to return it can consider it!
Disadvantages: This product has no shelf life. General annuity insurance has a guarantee period of 20/25 years, but this product does not. If you die young, you actually lose money.
Fosun Baode Xinxing enjoys happiness.
Advantages:
1. Cancer/total disability can be surrendered.
According to the contract, if there is a total disability or malignant tumor within 10 years after receiving the first pension annuity, you can apply for surrender and return the cash value of the contract for medical or nursing expenses. If there is no shortage of medical expenses, there is no need to surrender, and you can continue to receive pension annuity.
2.*** is closely related to the contact person
According to the contract, one person can be designated as the policy * * * co-contact (if the applicant and the applicant are not the same person, the policy * * * co-contact can only be the applicant), and the policy * * * co-contact enjoys the right to know the policy granted by the applicant; With the consent of the pension beneficiary, * * * employees can apply for a pension on their behalf.
3. Flexible payment
This product supports monthly payment and is friendly to those who are short of funds but need to supplement the pension fund gap.
Disadvantages: poor liquidity, relatively poor liquidity in 18 years, and the cash value is lower than the total premium.
Mei Xin trusted each other all his life.
Advantages:
1. Surrender in the second year without losing money.
Men can get a pension at any age from 60 to 70, and women can get a bigger pension at any age after 55. Taking the wholesale payment of 6,543.8+0,000 yuan as an example, the cash value of the policy in the second year is 6,543.8+0,038.84 million yuan. In other words, this product will not lose money even if it is surrendered in the second year.
2. High returns
In the second year, when the insured surrenders, there is still an annualized rate of return of 3.88%. Since the age of 5, the annualized rate of return has been stable at around 4.00%, and the income is relatively high and stable.
Disadvantages: the minimum starting threshold is 654.38+0 million.
Alipay universal pension
Advantages:
1. 1 yuan insurance, you can vote at any time.
Open Alipay's insurance service and find the details page of this product. We can find that the amount of insurance invested ranges from 1 to 200,000 yuan, with a wide range of options and can be insured at any time.
It is advisable to pay dividends every month.
Alipay universal pension can receive dividends every month.
3. Death refund insurance premium
According to its insurance liability, if the insured dies before the date of collection, at least the premium paid can be returned, and if he dies later, the difference will be returned if the collection is less than 20 years.
4. Flexible payment
Additional premium at any time, Alipay can freely choose the fixed investment plan after the first insurance. Automatic monthly deduction, or payment by time, day, week or month.
Disadvantages: Alipay universal lifelong pension is under the banner of commercial pension insurance, but it has no actual connection with pension security. It is more like a dividend-paying wealth management product in pension planning. If you want to get a solid old-age security, it is recommended to pay national old-age insurance.
What is 4.025% annuity insurance?
Alipay Guohua Life Insurance makes a profit every year.
Advantages:
1. You can get a refund if you die.
General annuity insurance starts from retirement age. If you die before the retirement age, the insurance company will refund the premium paid or a larger cash value.
However, the annual profit is different. No matter whether you start to receive an annuity or not, you can return the larger of the current price and the premium paid as long as you die.
2. High returns
The annual rate of return is relatively high, and it is a fixed annuity, which does not involve dividends. So the higher rate of return we see is the guaranteed rate of return.
Disadvantages:
1. The payment method is not flexible.
The payment plan is determined at the time of purchase and cannot be changed at will in the future.
2. The rate of return is different
The insured should pay attention to the fact that only when the insured dies at the age of 80 will the annual rate of return be 3.67%. If death insurance is not included, the yield is only 2.5%.
Draw a direct conclusion:
If the budget is large, there is no pressure to pay, and you like to return, you can choose to stay with each other for life and trust each other.
After the comparative analysis of the above products, Lao Xie thinks that these groups of people are suitable for:
Annuity products are suitable for middle-and high-class people who prefer stable investment. It is a way to realize pension, education, compulsory savings, asset isolation and diversified investment.
But in any case, the priority of annuity insurance must be after the guarantee type, that is to say, it is necessary to ensure whether the risk protection for family members' accidents, medical care, death and serious illness is configured.
If you don't even have the most basic health insurance plan, you will invest in such products. Once there is an accident or serious illness at home, it will be too bad to pay a lot of premiums every year! Therefore, we must first protect and then manage our finances. Don't lose sight of one thing and lose sight of another.
Related Q&A: Can I get the exclusive edition of Guohua heirloom whole life insurance in five years? No, dear, whole life insurance usually can't get the heirloom of Guohua after five years. If you want to withdraw money after five years, you can get cash value by surrendering or applying for a policy loan. Whole life insurance, a Guohua heirloom, mainly provides death protection and total disability protection, and there is no guarantee responsibility for returning it halfway or due. Only when the insured dies during the insurance period or is totally disabled as agreed in the contract can he get the insurance money accordingly. Guohua Chuanjiafu whole life insurance can get back the cash value of the policy through surrender five years later, but the insured may have to bear certain economic losses; Or you can get a loan that does not exceed 80% of the net policy value of the main insurance contract+additional insurance contract through the policy loan, but each loan period does not exceed 6 months, and the loan+interest will be returned at maturity. According to the answer in the consultation record, 2021-12-15, can I get the exclusive edition of Guohua heirloom whole life insurance five years later? No, dear, whole life insurance, a Guohua heirloom, usually won't get it after five years. If you want to withdraw money after five years, you can get cash value by surrendering or applying for a policy loan. Whole life insurance, a Guohua heirloom, mainly provides death protection and total disability protection, and there is no guarantee responsibility for returning it halfway or due. Only when the insured dies during the insurance period or is totally disabled as agreed in the contract can he get the insurance money accordingly. Guohua Chuanjiafu whole life insurance can get back the cash value of the policy through surrender five years later, but the insured may have to bear certain economic losses; Or you can get a loan that does not exceed 80% of the net policy value of the main insurance contract+additional insurance contract through the policy loan, but each loan period does not exceed 6 months, and the loan+interest will be returned at maturity. The bank staff said that what can be taken can be obtained through surrender. If I pay 30,000 yuan a year and 5 years, it will be 1.5 million. Can you get 1.5 million in five years? Do you have that policy? Yes, can you take a cash value chart for me? Let me take a look at it for you. You can help me see how much money I can get in five years. Okay, can you take another picture? Surrender mode
Related Q&A: How to take out Tianan Life heirloom after 5 years? If the insured has purchased return insurance, after paying the premium for five years, he can take the insurance contract, ID card and bank card to the business outlets of Tianan Life Insurance Company to receive the return principal. If the insured has purchased consumer insurance, no matter whether the premium is paid in full, the principal will not be returned.
The insured needs to determine whether the insurance product he purchased is a return insurance. The applicant can find his own insurance contract, and the insurance liability clause will show the description of insurance payment. In general, return insurance shows "XX insurance (return type)" or "XX insurance (dividend type)" in the name of the insurance product.
Return insurance refers to an insurance product designed by an insurance company with both insurance function and savings function. Common return insurance includes endowment insurance, endowment insurance, education insurance and dividend insurance. The return insurance in the market is biased towards saving function, and the insurance function is weak.
Consumer insurance means that after the insured signs an insurance contract with the insurance company, if the insured has an accident agreed in the insurance contract within the agreed time, the insurance company will compensate or pay compensation according to the insurance contract.
If the uninsured fails to have the accident agreed in the insurance contract within the agreed time, the insurance money will not be refunded. The insured needs to be bound by the insurance contract.
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