Looking at the financial opening plan, most of them are not much different. The general pattern of each company is as follows:
1, product form: main insurance (annuity/education/mutual benefit/whole life insurance)+additional universal account has been implemented;
2. Guarantee period: the guarantee period of the main insurance is relatively short, 7 years and 8 years, or 10/5 years, with the life-long guarantee of the universal account;
3. Income level: impossible to determine, but the main insurance benefits are clear, and no penny will be given less. The universal account is settled according to the future actual interest rate, which is closely related to the company's future operating conditions and cannot be determined, but it is guaranteed under the universal account and not capped;
4. Starting point: the insurance threshold, no matter which insurance company, is relatively high, starting from 6,543.8+0,000 yuan/year. For the spike account or universal account with higher actual settlement interest rate in the past, the insurance premium starts from 6,543.8+0,000 yuan/year, and the insured customers need to be able to pay continuously.
To know what kind of products of China Life will get off to a good start in 2023, it depends on what China Life can offer. Let's talk about the product.
1, old-age security: China Life enjoys the future in 2023.
(1) product form:
This product can be insured for 72-year-old people at most, with the main insurance coverage of 8 years or 10 years, with the guarantee of survival fund, maturity fund and death fund, and a universal account can be attached (choose one from three).
2. Is the cash value high?
Let's look at China Life's products in 2023. In addition to the details of protection, there are also expected returns that everyone pays attention to. Let's take a look at this product:
Step 1: Pay insurance.
The first three years: 30-year-old male, paying 6,543,800 yuan per year, plus a Xinzunbao whole life insurance universal account, with a total principal of 300,000 yuan.
Step 2: Capital appreciation
At the end of the 5th-7th year: the main insurance account of the old-age security will be refunded 60,000 yuan every year, and the survival fund will be collected 6,543,800 yuan+0.8 million yuan every year.
At the end of the eighth year: 32,900 yuan was returned from the annuity account, and no other money was returned afterwards.
The returned money will automatically enter the universal account for secondary appreciation, and the income of the universal account is guaranteed at the bottom, but not at the top.
Xin enjoys a guaranteed interest rate of 2.5% in the future. If you are a conservative person, focus on guaranteed income, the higher the better. After all, this is definitely necessary. Let's look at the expected return:
Step 3: Withdraw money or add money.
If you want to withdraw money, or have spare money, and want to put it into a universal account, China Life's Xinzunbao whole life insurance A universal account has a maximum of 5% and a minimum of 4.6%. If you add 50,000 yuan, there will be 2,500 yuan of interest in one year, which can be rolled over to the next year, and so on.
But there will be a handling fee of 1-5% in the first five years. For details, please consult the local branch of China Life Insurance, subject to the actual situation.
2. Special endowment insurance: China Life Xinrui annual endowment insurance.
(1) Guarantee content:
It is a special fund for the elderly, limited to people aged 55 to 75, and paid at the age of 60. Divided into wholesale payment and three-year payment. Provide pension+birthday payment+death payment, and you can also attach a universal account for secondary appreciation.
The product will be returned regularly after being insured, and the cash value or insured amount will increase at the agreed interest rate, and the future income will be determined, forming a stable expectation. The main insurance benefits are also very clear, how much you can get each year.
On the premise of putting aside the universal account, if a 55-year-old man buys the annual pension insurance of China Life Xinrui and saves it for 3 years, saving 200,000 yuan every year, and ensuring that he is 85 years old, he chooses to receive it at the age of 60:
1, pension collection: it can be returned after 5 years. 60 -85 years old, receive 12580 yuan every year, which is 00% of the basic insurance amount;
2. Birthday payment: 9 years, that is, at the age of 69, you can receive a lump sum of 600,000 principal, and the follow-up pension can reach 85 years old.
If you don't receive the main insurance and birthday money, you can also put it into the universal account. For general endowment insurance, the return period is at least 15 years. The return rate of this product is relatively fast, and it will definitely be returned in 9 years. Insurance for the elderly is more secure.
So much for China Life's product content analysis in 2023. I hope it will help everyone.