Dividend distribution principle of future education annuity insurance
Guarding the future education annuity insurance is an insurance product for children's education launched by China Merchants Cigna. This insurance product has the function of compulsory savings and can also participate in the dividends of insurance companies every year. According to China Merchants Cigna's Insurance Contract for Protecting Future Education Annuity, its dividend principle is: Which insurance company is stronger? I just sorted out the relevant content, hoping to help you: the latest list! Top Ten Insurance Companies in China
1, the bonus is not guaranteed. During the validity period of the contract, the insurance company will decide the dividend plan according to the actual operating conditions of the dividend insurance business in the previous fiscal year, provided that it complies with the provisions of the insurance supervision and administration institution of China.
2. If the insurance company determines that there are dividend clauses in the contract, it will distribute dividends to the insured/beneficiary on the anniversary of the policy and notify the insured/beneficiary in the form of dividend notice. The dividend date is the anniversary date of the policy. Due to reasons such as annual accounting, auditing, laws and regulations and regulatory requirements, the actual dividend date may be later than the anniversary date of the policy.
3. The insurance company provides the way of accumulating interest to receive dividends, that is, the insurance company keeps dividends and accumulates interest at the accumulated interest rate announced by the insurance company every year on the anniversary of the policy until the contract is terminated.
4. The insured can apply for all or part of the distributed dividends and their interest during the contract insurance period.
5. This contract will not participate in dividends during the termination period. Since the date of termination of the contract, the accumulated interest-bearing dividends shall cease to bear interest.
The above is the principle of dividend protection for future education annuity insurance, and I hope it can help everyone.
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