First of all, you have to understand what universal life insurance is.

Universal life insurance is an insurance that integrates investment and death insurance.

The premium you pay each year is relatively high, such as 5000 yuan.

Then you will choose a death compensation amount, such as 10W.

Then part of this 5,000 yuan is used to buy 10W death insurance (for example, 1000 yuan is used to buy death insurance), and the remaining 4,000 yuan is added to your account to be operated by experts. The income of your account this year depends on the income of experts' investment (just like a fund).

I signed the terms of this insurance, promising that the annual rate of return will not be lower than 1.75%, which is lower than the interest paid in the bank for one year.

Then you pay 500,4000 yuan a year, put it into your personal fund and invest it by experts. When you have insured for a certain number of years (such as four years, the terms will be stipulated), your insurance will have cash value. For example, if you invest 4,000 yuan in that fund for four consecutive years, and the fund increases to 20,000 yuan after four years, then you can withdraw money from the fund.

So your first question is, when your senior value is positive, you can withdraw money at will (note that the value of this account is a lot, because the expert's operation results are uncertain, which is basically the same as buying a fund).

The second question is whether it will be more or less than your total investment in ten years. It depends on how much of your premium will be used to pay for death insurance and how much you can earn by investing in that fund and fund.

But generally speaking, there will be more. To put it bluntly, 10 can deposit more money in the bank (death insurance is not very valuable). If it is less, the insurance company can go bankrupt.

Third question: Comrade, you haven't read the insurance clauses very much. No matter how many pages there are in an insurance clause, I posted some basic contents for you. You'd better go to the company and ask what each clause means. When universal insurance first came out, many people lost a lot. China's insurance market is too chaotic;

1, high security, increase or decrease autonomy

Ping An Zhifu Life whole life insurance (universal and A-type) has the characteristics of a wide range of basic insurance coverage, which allows you to have a high amount of insurance coverage after insurance, and you can flexibly increase or decrease the basic insurance coverage within the specified range according to different protection needs at different stages of your life, and adjust the proportion of protection and investment in time, so that you can always have the best protection investment portfolio.

2. Investment guarantee and financial management with peace of mind

Investment experts manage your funds for you, ensure the safety of capital investment, and ensure that the annual interest of the policy value is not lower than the settlement level 1.75%, so you have higher profit space. At the same time, you can apply for extra premium or part of it according to your personal financial planning and demand, so that your investment and financial management will be more secure.

3, continuous payment, a lot of rewards

If you pay the futures premium in accordance with the relevant provisions of the clause every year within three years from the effective date of this insurance, from the fourth policy year, when you pay the futures premium in accordance with the relevant provisions of the clause, the company will allocate an additional 2% of the current futures premium as a special reward for continuous payment.

4, deferred payment, security unchanged.

From the second policy year, if the premium cannot be paid temporarily, as long as the value of the policy at that time is enough to pay the protection fee, you can choose to postpone the premium payment and continue to enjoy insurance protection.

6. Policy values are transparent and open.

Our company will announce the settlement interest rate through major media every month. Enquiries can also be made through Ping An Telephone Center (955 1 1), Ping An E-commerce website (), customer service center of branches and insurance agents. The company will also send you an annual report of personal insurance policy every year to let you know the information of insurance policy value.

Insurance case

Mr. Wang, 30 years old, has a warm family of three with great family responsibilities. At present, he is concerned about buying high security to ensure the stable life of his family. Keep saving and accumulate a sum of money when you retire to ensure a comfortable life in your later years. Choose to insure Ping An Zhifu for life and whole life insurance's "peace of mind insurance";

The annual premium is 3,000 yuan, and it is planned to be paid for 30 years. The basic insured amount is 200,000 yuan. Before the age of 60, Mr. Wang enjoyed a minimum death guarantee of 200,000 yuan. See the Insurance Calculation Table for specific death benefits in different policy years.

When he retires at the age of 60, his family loan is basically paid off and his burden is reduced. Mr. Wang Can chose to get back all the cash with a minimum value of 89,000 yuan as a supplement to his pension. If the investment income is good, he can enjoy higher income space.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.