Moreover, many fans and friends asked me privately how the Guo Jin 1 annuity insurance introduced by China Taiping was, whether it was good or not, and whether it was worth buying. So the following senior sister would like to take this opportunity to explain it to you in detail.
Friends who are not familiar with annuity insurance can read this article first to find out:
"Annuity insurance? Is there anything to pay attention to? Do you have any good products? 》
1. What is the performance of Guo Jin 1 annuity insurance?
In order to make it easier for everyone to understand this product, Sister Xue made a detailed picture of the product:
1. Guaranteed to be quite satisfactory.
Guo Jin 1 Annuity Insurance covers life insurance, expiration insurance and death insurance, which seems to be very commendable. In fact, compared with other high-quality annuity insurance products, there is no total disability insurance, so it can only be said that its protection is relatively general.
Another is that this product also limits the payment time of survival insurance money, which does not mean that the insured can receive it as long as they live in this world. From 0: 00 on the fifth policy anniversary of the contract to the expiration date of the contract (excluding), if the insured is still alive at 0: 00 on each policy anniversary, the insurance company will provide 20% of the premium paid in the contract.
As an annuity insurance product that can be guaranteed for 8 years, although the survival insurance premium will not be collected until 0: 00 on the fifth policy anniversary of the contract, the premium ratio paid each time is 20%, which is still quite excellent.
After all, some annuities provide the premium paid by 1%. By comparison, it is not difficult to judge that the payment of survival insurance is humanized.
2. The insurance age is wide.
According to the insured age, Guo Jin 1 annuity insurance can accept people born from 28 days to 80 years old, which is quite strong.
In contrast, the upper age limit of some annuity insurance products only covers 65 years old, so there are not so many people that can be covered.
3. Flexible payment terms/methods
Guo Jin No.1 annuity insurance can be paid in three or five years.
Basically, under the same other requirements, the longer the payment year is defined, that is, the higher the total premium, which means the higher the insured amount. Therefore, everyone can determine the payment period according to their own premium budget and security needs.
Combined with the payment method, annual payment or monthly payment can be considered.
The small partners who pay by installment should be familiar with it. To put it simply, when our payment pressure is great, we can often add a longer payment period or a very high payment frequency, just like monthly payment, so that the premium paid each time can be less and the temporary economic pressure will not be great.
This is an overview of Guo Jin 1 annuity insurance. Friends who want to know more details can also take a look at this evaluation article:
"2023 China Taiping Kaimenguojin 1 annuity insurance is coming strongly! Read it before you buy it.
2. What else should I pay attention to when I apply for Guojin 1?
1. Start Threshold
According to different payment methods, the starting rules of Guo Jin 1 annuity insurance are also different.
Assuming the annual payment method is selected, the minimum investment of this annuity insurance is 654.38+0,000 yuan, and the premium should be an integer multiple of 654.38+0,000 yuan; If monthly payment is adopted, that is to say, from 1000 yuan, the premium should be an integral multiple of 100 yuan.
The setting of this threshold is reasonable, but whether this threshold is high or low depends on everyone's own economic situation ~
2. A large number of exemption clauses
Guo Jin 1 Annuity Insurance needs seven exemption clauses, and the number is relatively large, so you need to pay attention.
Some friends may not be familiar with the exemption clause. In fact, the exemption clause is stated in the contract, and the insurance company expounds the responsibility of not accepting claims, so everyone must pay attention to the content of the exemption clause when insuring.
There are not many exemption clauses for annuity insurance in the market, and only three or five are supported. By comparison, Guo Jin 1 annuity insurance is not considerate enough for consumers. Because other things being equal, the more exemption clauses, the less likely we are to get compensation as consumers.
3. Be careful to attach the universal account.
As far as my senior sister knows, Guo Jin 1 annuity insurance supports the transfer of survival funds to designated universal account products on the premise of meeting relevant requirements. In other words, this annuity insurance allows the increase of universal accounts.
Generally speaking, attaching a universal account means that this product will become universal insurance. Although universal insurance is called "universal", it is actually quite complicated. Every premium we pay must be deducted from the initial cost and then added to the universal account for appreciation. In addition, the insurance company will regularly deduct the guarantee fee and other fees from our personal account.
In addition, if a universal account is attached, and we need to know the guaranteed interest rate of the universal account. At present, the common guaranteed interest rate of universal accounts in the market is around 2%~3%.
Therefore, the benefits of universal insurance are sometimes not as ideal as we think, so universal insurance is not the best way to maximize our wealth.
If it is only annuity insurance, IRR can be close to 3.5%, which means that the income is better. You don't have to be too obsessed with universal insurance. The senior here also has some annuity insurance products with good returns. You might as well have a look:
"Top Ten Annuity Insurance Rankings ▏ Want to buy high-yield annuity insurance? Don't miss this 10 model again! 》
Generally speaking, senior sister thinks that the performance of Guo Jin 1 annuity insurance is not very good. The performance of the guarantee content is mediocre, and the more eye-catching places are the wide age of insurance and the flexible payment period/method. There are different opinions about the threshold of this product. If you want to start, you should pay attention to the content and quantity of exemption clauses, and attach the universal account carefully.
If you have time, senior sister still suggests that you compare other annuity insurance products on the market, and it will be more suitable to shop around and make a choice!
Write it at the end
I am an expert in insurance, focusing on objective, professional and neutral insurance evaluation;
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