Therefore, education annuity insurance is deeply loved by parents, but this kind of insurance, annuity insurance, pits people we don't know!
Today, my senior sister will take the product of Pacific Dongfanghong Youth Wisdom Annuity Insurance as an example to explain it to you! Let's take a look at what "pits" this product has hidden!
As a kind of insurance, annuity insurance hides many traps while managing money. This lightning protection manual was compiled by senior sister to help everyone. Please collect it quickly: "Small coup to help you avoid the 99% pit of annuity insurance"
1. What "pits" are hidden in the Pacific Dongfanghong Youth Wisdom Annuity Insurance?
Let's take a look at the protection map of this product compiled by Senior Sister:
1, single payment cycle
The payment period of Dongfanghong Youth Wisdom Annuity Insurance is only annual payment, and there is no wholesale payment.
What is barter? Paying all premiums in one lump sum is a wholesale payment.
If you are a group with high income but unstable income, it is more suitable for you than annual exchange.
In fact, the total premium to be paid will be more worthwhile than that paid every year, just as we have two choices when buying a house: one-time payment and mortgage loan.
If there are two payment years to choose from: wholesale payment and annual payment, then the insured can choose according to his own situation, which is very good for the insured.
Dongfanghong children's intellectual annuity insurance is not excellent in this respect.
2. Cannot attach universal account.
What is a universal account?
If you don't want to take out the annuity for the time being, you can transfer it to this account for compound interest and appreciation; Moreover, the guarantee rate of universal accounts on the market at present is basically 2.5%, and it is better to reach 3%; It is really beneficial to the insured, which is equivalent to another way of benefiting!
Unfortunately, Dongfanghong Youth Wisdom Annuity Insurance has no universal account. As a result, the insured can only make a profit by receiving an annual annuity, and the way of making a profit is very scarce.
3. Uncertainty of dividend
The biggest highlight of the Pacific Dongfanghong children's intellectual annuity insurance is the policy bonus, which is also the reason why most parents have purchase demand.
But dividends are linked to the actual operating conditions of insurance companies. If the insurance company does not operate well, it is unlikely to get the distribution that year.
Moreover, the insurance company has no obligation to inform consumers of the actual operating profit of the company.
Senior also compiled the terms of Dongfanghong Youth Wisdom Annuity Insurance, which is really clear at a glance:
In other words, dividends are uncertain at first, and may or may not exist; In addition, if there is a dividend, consumers will not know the details until they receive the notice again.
Generally speaking, it is a whimsical thing to get high profits from dividends, so don't dream about it ~
The following article gives a detailed introduction to dividend insurance for your reference. Friends who want to know can go and have a look: "Secret! Why do so many people complain about dividend insurance? 》
2. What is the income of Pacific Dongfanghong Youth Wisdom Annuity Insurance?
When the 30-year-old Lao Wang chose insurance products for his 0-year-old son, he took a fancy to the Pacific Dongfanghong Youth Wisdom Annuity Insurance. He chose to pay an annual premium of 654.38 million yuan and agreed to receive a birthday bonus at the age of 60. Let's take a look at its related benefits:
Bonus: From the age of 0 to his death, Beckham can receive 9% of the basic insurance amount every year, that is, 53 10.9 yuan.
Children's education savings: from Beckham's birth to 18 years old, you can receive 9% of the basic insurance amount as this children's education savings, with a birthday bonus of 53 10.9 yuan.
Beckham can get a one-time premium of 500,000 yuan for his 60th birthday.
Just look at it, just do it, and there are various ways to get an annuity. You can get it as soon as the contract comes into effect, but things are not going well:
When Beckham 18 years old, the accumulated 202,000 yuan was less than half of the premium paid. In the adult stage of children, they need to receive higher education in the later stage, and the cost is definitely quite high. It is really unreasonable to insure with Dongfanghong Youth Wisdom Annuity Insurance, and there is no income at this time!
Moreover, the annuity of 297,000+10.10000 = 398,000 was received by Beckham at the age of 55, and it has not been returned yet! All the money has been invested. Maybe the child retired and the money hasn't come back yet. The speed of returning to Beijing makes the school sisters feel anxious!
Excellent annuity insurance in the market can be repaid within 10 years of the policy.
In contrast, Dongfanghong Youth Wisdom Annuity Insurance really has no advantage!
Parents who insure their children should carefully consider the Dongfanghong Young Intellectuals Annuity Insurance!
Third, the summary of the senior sister
In the final analysis, Dongfanghong Youth Wisdom Annuity Insurance has many shortcomings, and even the income is disappointing! Therefore, friends who want to insure this annuity insurance must be vigilant!
In fact, there are still many excellent annuity insurance products on the market. My senior has summarized these products. If you have any ideas, you might as well find out: "Top Ten Annuity Insurance Rankings ▏ This 10 is the best one for us to buy! 》
Write it at the end
I am an expert in insurance, focusing on objective, professional and neutral insurance evaluation;
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