It is worth mentioning that the essence of annuity insurance is finance, and it will fall into its trap if you are not careful. You must read this pit prevention guide carefully:
Learn this trick and stay away from the 99% pit of annuity insurance.
First, Mei Xin reveals the protection of children's annuity insurance every day!
According to the old example, let's take a look at the product protection diagram first:
Advantages:
1, flexible payment period
According to the protection map, there are two payment methods: wholesale payment and annual fee.
Wholesale payment is an insurance term, which means that people with high short-term income but unstable income are suitable to choose wholesale payment.
Annual payment means paying the premium every year. Like installment payment, it is more suitable for those with stable income and relatively small budget.
Obviously, the two payment cycles here correspond to different groups of people.
However, for most products of the same type, there is no wholesale payment method, and there is still a big gap in flexibility compared with children's annuity insurance.
There are still many insurance clauses such as wholesale compensation. For those who don't know about insurance, Senior Sister recommends reading this article:
"Super complete! Everything you want to know about insurance is here.
2. This scheme is flexible and optional.
Everyday children's annuity insurance gives consumers three different schemes: university education fund, continuing education fund and university &; Continuing education grant.
In this way, parents can choose the right scheme for their children according to their actual situation, so that it is very convenient to use the special fund for special purposes!
3. You can add or subtract insurance flexibly.
The stability of income is the biggest advantage of annuity insurance, but although the stability of income will reduce the flexibility of funds.
However, this daily child annuity insurance includes the functions of increasing and decreasing insurance, so the insured has more choices and is more friendly in the allocation of funds.
In addition, if the insured lacks liquidity in a short time, he can choose a policy loan, but the maximum loan amount is 80% of the cash value. Solve the difficulties under the premise of not failing.
Disadvantages:
1, weak death protection
Whether the daily payment of children's annuity insurance only pays the premium paid or the cash value, whichever is greater.
For the same type of products, the death payment is higher than the paid premium, current price and insured amount, so the death payment is the most during the death period, and the protection is better.
In contrast, child annuity insurance is not very good every day.
2. Cannot attach universal account.
Tiantianshang Children's Annuity Insurance does not provide universal accounts for consumers. If you want to put the received annuity into a universal account for secondary appreciation. I'm really sorry, but we don't offer this channel.
On the other hand, the insured can only get the return on income through the annual annuity, and has no initiative.
Relatively speaking, the guaranteed interest rate of universal accounts with outstanding performance can usually reach 3%. There are indeed many benefits to compound interest and increase value according to this interest rate!
Don't understand what universal insurance is? This article can be interpreted in detail:
"What is universal insurance? Let's start with a paragraph! 》
Second, Mei Xin Tiantianshang Children's Annuity Insurance Real Income Calculation!
Whether the income of annuity insurance is considerable depends not only on its superficial calculated rate of return, but also on its internal rate of return IRR.
Internal rate of return (IRR) is the discount rate that the total present value of capital inflow is equal to the total present value of capital flow and the net present value is equal to zero.
Simply put, the value of IRR is directly proportional to the income of this year's insurance premium.
Then below, the senior sister will calculate the daily income of the children's annuity insurance for everyone!
If 35-year-old Ms. Wang bought a daily children's annuity insurance for her newborn child Xiaohong, if it is 65,438+10,000 yuan, let's look at the income:
If you choose the first scheme: Xiaohong will get a premium college degree of 20% and 20,000 yuan every year during the years of 18-2 1.
When she is 30 years old, she can directly receive 100% due payment, which is about192,000 yuan.
If Option 2 is selected: Xiaohong can receive 20,000 yuan for further education every year when she is 22-24 years old, which is equivalent to 20% of the premium.
When Xiaohong is 30 years old, she can receive a lump sum payment of 235,000 yuan.
Option 3: Xiaohong 18-24 years old can receive 20,000 yuan per year; 30-year-old Xiaohong can get the maturity income of 1 1.3 million yuan.
As can be seen from the income calculation chart, the average internal rate of return of the three schemes is about 3.7%, and the IRR of the first scheme and the second scheme is 3.8%!
But at present, the average IRR of the same type of products on the market is 3%. Through comparison, it is found that children's annuity insurance is doing well every day and can get high returns.
Third, the summary of the senior sister
Generally speaking, there are still many shortcomings in the daily protection of children's annuity insurance, but its income is very considerable! Compared with the children's annuity insurance in the market, it is very advantageous.
Write it at the end
I am an expert in insurance, focusing on objective, professional and neutral insurance evaluation;
If the above content has not solved your problem, you can also come to the official account of WeChat to learn to bully and say that insurance consulting me;
I give you the most professional advice based on many years of experience in configuring insurance for 10W+ families.
WeChat official account: Xueba said that insurance costs less, buy the right insurance!