Before that, let me explain to you that I don't recommend universal insurance. If you want to know why, you can look at my article published in Internet Insurance Weekly, which is very detailed. I suggest you have a look first.
Next, I will talk about how smart the star is, how much money he can get, and is it worth buying?
First, product evaluation | How about Ping An Smart Star?
Let me tell you something about the safety of smart stars:
We can see that the biggest highlight of smart star is:
Can flexibly receive account value. Simply put, you can collect and use it in the policy account according to your own needs. This money can be used as education funds, as well as venture capital and wedding expenses. Generally speaking, universal annuity insurance cannot be collected at will in principle, and this highlight is really interesting.
But in fact, the defects of this product are also worth noting:
1. It seems that the protection is comprehensive, but it is worrying.
(1) The insured amount is unreasonable. Let's take a look at the problems existing in the additional insurance configuration of smart stars as shown below:
Needless to say, it is unreasonable to add one-time life insurance as an additional insurance in children's insurance, because life insurance is mainly configured for the pillar of a family, and adding life insurance to children is just superfluous; You know, if you want to treat a serious illness, the average cost is 300,000. If you are insured like a smart star, it is definitely not enough. If parents plan to start because this product comes with a variety of basic insurance, please see clearly.
(2) Mild illness is not guaranteed.
We must be clear that the concept of minor illness protection is derived from serious illness. If the mild illness is not completely cured, it is likely to develop into a serious illness. If an insurance policy provides comprehensive protection for minor diseases and allows consumers to completely treat diseases with the money from claims, the probability of suffering from serious diseases will be greatly reduced.
That's why I suggest that it is very meaningful to set mild symptoms. At present, many cost-effective critical illness insurance includes minor illness protection, but smart stars are not set. This is really a pit.
2. The dividend yield is low. The following table, I hope you can have a look:
The joining fee mentioned in the above table is one of the management fees deducted from the premium after the insurance company provides services for us; In addition to the initial cost, you have to deduct the protection cost generated by additional insurance; Then let me calculate how much money is left in the universal account for you:
Let's take a 27-year-old man as an example. The premium of 7,000 yuan for a 0-year-old boy was actually deposited in the account in the first year, and the money used to generate income was: (premium) 7,000-(initial cost) 7,000 * 35%-(guarantee cost)1467 = 2,033 yuan.
After the premium of 7000 yuan has been lowered several times, the principal that can really generate income is only about 2000 yuan;
Moreover, the guarantee of this insurance is only 1.75%, and even the interest rate of Alipay Yu 'ebao is close to 2%, so the dividend income calculated by the guaranteed interest rate 1.75% is really too low. The guaranteed interest rate has been lower than the market average interest rate, and more management fees need to be deducted from the premium. Those who want to buy this insurance should look carefully!
More deficiencies, due to limited time, will not be explained here; Interested parties can take a look at:
Second, how much can I get by buying Ping An Smart Star?
Taking the premium of 7,000 yuan as an example, we calculate the guaranteed income for the first year, then subtract the management fee for the first year and multiply it by the guaranteed interest rate: (7000-3500-1467) *1.75% = 35.58. Finally, this price is the guaranteed interest you get in the first year.
Parents who save money for their children's future education, entrepreneurship and marriage may need a clear head.
3. Is Ping An Smart Star worth buying?
Parents who want to start this insurance should be cautious; It seems that the guarantee is comprehensive, but the result is not satisfactory.
I know that parents want to give their children the best, and the smart star who can protect financial management looks really perfect; But I want to say that an insurance can hardly achieve the best of both worlds, even universal insurance is not omnipotent; Therefore, I still suggest that parents really do a good job of basic protection first, and then buy annuity insurance is the right choice;
It is not terrible for a child to be ill. The most terrible thing is that they are not guaranteed when they are sick. Here is also a list of children's cost-effective critical illness insurance. You can shop around: the top ten insurance companies are worth buying!