Many people secretly ask their senior sisters in the background whether this annuity insurance is worth buying and whether the income is good.
Today, Senior Sister will give you an in-depth evaluation of the benefits of this Shi Sheng Xinyue Annuity Insurance. Is it worth starting with?
Before that, please read this article to learn how to cross the trap of annuity insurance:
Learn this trick and stay away from the 99% pit of annuity insurance.
First, the contents of Shi Sheng Xinyue Annuity Insurance.
To understand the protection content of Shi Sheng Xinyue Annuity Insurance, you can look at this protection map made by Senior Sister:
1, insurance rules of Shi Sheng Xinyue Annuity Insurance
Therefore, for Shi Sheng Xinyue Annuity Insurance, the age is between 28 days and 65 years old, but most annuities can accept people aged 0-70. In this way, Shi Sheng Xinyue Annuity Insurance has strict requirements on the insured age.
Shi Sheng Xinyue Annuity Insurance is a short-term annuity insurance product with a guarantee period of only 10 year. Survival insurance is calculated from the fifth policy anniversary.
In order to facilitate the choice of the insured, the payment period is designed to be three years and five years.
2. The coverage of Shi Sheng Xinyue Annuity Insurance.
In contrast, the coverage of this Shi Sheng Xinyue annuity insurance product is quite short, covering death insurance, policy loan and survival insurance.
(1) survival insurance
During the following policy anniversary dates: from the fifth day to the ninth day, on each policy anniversary date, the insured can receive the life insurance premium, and the proportion is 2% of the paid premium.
When the contract insurance expires, it still exists. At this time, according to the agreed insurance amount, the insured can receive the survival insurance money (the contract is invalid).
(2) Death insurance
The insurance company will choose to pay the premium paid and the cash value is large (the insured died unfortunately), and the contract will be terminated.
(3) Policy loans
In fact, the way is not only to withdraw the cash value of the policy (if the family is short of money), but also to use your policy to borrow money from the insurance company.
The maximum loanable amount does not exceed 80% of the cash value of the contract at that time, and each loan usually does not exceed 6 months.
2. What is the income of Shi Sheng Xinyue Annuity Insurance?
Is the income of Shi Sheng Xinyue Annuity Insurance good? If the senior takes a 40-year-old male as an example, he needs to pay 1 000 yuan every year for three years, and the accumulated premium is 30,000 yuan. The calculation is as follows:
For example, suppose Lao Wang started to take out Shi Sheng Xinyue Annuity Insurance when he was 40 years old, and the payment period he chose was 3 years, and he had to pay 10000 yuan every year to guarantee the period of 10 year.
According to the calculation, Lao Wang will get 2% premium every year from the age of 45, that is, 600 yuan, and get 39 150 yuan directly when he is still alive at the age of 50. If Lao Wang unfortunately died at the age of 48, he paid a total premium of 30,000 yuan. When he died, the cash value of the policy reached 35,930 yuan, and the insurance company compensated the beneficiary for 35,930 yuan according to the maximum principle. Shi Sheng Xin Yue's income is not rich. There are more and higher-yielding annuity insurance in the market, and the seniors are here:
"You deserve the 10 high-yield annuity insurance here! 》
3. What pits are there in Shi Sheng Xinyue endowment insurance?
In addition to the general income, what pits will Shi Sheng Xinyue have?
1, there is no function of insurance increase, insurance decrease and deduction settlement.
Most of the annuity insurance in the market has high flexibility, and the insured accepts services such as increase, decrease and reduction, but these services are not included in Shi Sheng Xinyue Annuity Insurance.
If there is the function of additional insurance, during the insurance period, the insured can invest more money by himself, so that he can get more benefits at that time.
The advantage of insurance reduction is that when you need money, you can withdraw it flexibly, take some money but keep the insurance rights and interests, and don't surrender it.
It has the functions of restoration and settlement. If you can't renew your insurance, you can choose to calculate the premium paid before to renew your insurance, which will only affect the money you can get later.
It is really disappointing that none of the three functions mentioned above are included in Shi Sheng Xin Yue.
2. The guarantee period is short.
As a short-term annuity insurance, Shi Sheng Xinyue can get benefits in a short time, but for this product, short-term is a short board.
Generally speaking, Shi Sheng Xinyue Annuity Insurance is more suitable for consumers with short-term stable financial management needs. Therefore, partners with long-term needs can consider other products. In addition, if the purpose of buying it is to support the elderly, then the senior sister does not recommend buying it because its guarantee period is really short.
To sum up, the income of Shi Sheng Xinyue Annuity Insurance is not very high, but its flexibility is relatively general. Senior sister thinks we can also consider other annuity insurance that is more worth buying. Please poke the link below for details:
202 1 top ten wealth management products worth buying! 》
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