Mr. Wang's 0-year-old son has insured the old-age security for children of China Life Fuxing for 65,438+10,000 yuan (dividend type). If he chooses to pay the premium to the age of 654.38+08, he will get the following benefits if 540 yuan pays the annual premium of 654.38+04.

Survival insurance and expiration insurance

When the insured reaches the age of 65,438+08, he will pay 80,000 survival insurance money according to 80% of the basic insurance amount on the corresponding day when the year takes effect.

When the insured reaches the age of 22, he will pay 80,000 yuan of survival insurance according to 80% of the basic insurance amount on the effective date of that year.

When the insured reaches the age of 25, he will pay 80,000 yuan of survival insurance according to 80% of the basic insurance amount on the effective date of that year.

On the effective date of the year when the insured survives to the age of 30, 60,000 due insurance money will be paid according to 60% of the basic insured amount, and the contract will be terminated.

Growth insurance

After the death of the Insured or his physical disability, the Company will pay 50,000 yuan of growth insurance premium at 50% of the basic insurance amount on the corresponding day every year until the Insured reaches the age of 18 due to accident or illness or physical disability after the effective date of this Contract (before the effective date of the Insured's age of 18). However, unless the insured dies or is highly disabled due to the circumstances stipulated in the exemption clause.

death insurance

If the insured dies of an accident or illness after 180 days from the effective date of the contract (before 18 years old takes effect), the company will pay 120% of the premium paid (excluding interest) and the contract will be terminated; The insured takes effect at the age of 18. In case of his future death, the Company will pay the death insurance money in one lump sum according to the sum of the living insurance money and the due insurance money, and the contract will be terminated.

Exempt from insurance premium

If the insured dies or is highly disabled due to an accident or after the effective date of the contract 180 (before the effective date of the year when the insured reaches the age of 18), the insurance premium for the period after the date of the insured's death or highly disabled will be exempted, and the contract will continue to be valid.

If necessary, please call China Life Hotline at 955 19 for detailed consultation!