This eye-catching product is whole life insurance just released by Hongkang Life Insurance. Not only is the payback time fast, but it is expected to be able to return to the capital in about 4 years, and the increase rate of insurance coverage is as high as 3.8%!
In addition, it also supports increasing insurance and reducing insurance, reducing settlement, policy loans and so on! Except for 75 years old, the insured age is the highest, and there is not much requirement for the insured age!
Sister Xue found that there are more and more friends who are concerned about increasing life expectancy recently!
Before it's too late, senior. I'll give you an in-depth evaluation of this whole life insurance with a lot of macro Conley, and see how its benefits and protection are!
If you haven't fully understood the whole life incremental life insurance before, you can read this article for more information:
Is it worthwhile to start increasing the life span that can be managed and guaranteed?
1. How about Hongkangli's increase in whole life insurance security?
Without further ado, let's take a look at whole life insurance's product protection map. What quotas did Hongkangli increase?
We will find that Hongkangliduo has an annual growth rate of 3.8%, and it is an incremental whole life insurance, which mainly provides death/total disability protection.
1, death or total disability protection
Liduoduo can increase whole life insurance's death/disability protection in the following three ways:
(1)1If a minor under the age of 8 dies or is totally disabled, and the insured meets the requirements, the cash value or accumulated premium shall be whichever is greater;
(2) If the insured has reached the age of 18 and died/was disabled before the payment period expires, the cash value or accumulated premium * payment coefficient will be paid, whichever is greater;
(3) If the insured reaches the age of 18 and dies/is totally disabled after the expiration of the payment period, the present value of payment, effective insurance coverage or accumulated premium * payment coefficient shall be whichever is greater.
From this point of view, the increase of Liduoduo in the whole life insurance is quite satisfactory, and it is not particularly prominent in the whole life insurance market. Not many whole life insurance can protect consumers' rights and interests, but this model is still very good.
2. Effective insurance amount
Hongkangliduo is a life insurance with an annual growth rate of 3.8%, in which effective protection = basic protection * (1+3.8%) (policy year-1). We should know that most other increases in the whole life insurance market are around 3.5% or 3.6%, so the increase ratio of Hongkangliduo is really good.
Of course, the increased life span and the high increase ratio are not limited to Hong Er. Dingcheng Life Insurance recently launched the lightning version with an increase of 4%. I heard that the income is also quite good.
Friends who want to be familiar with this product can read this article:
Ding Cheng has increased the income calculation of multi-lightning version, and he can earn this number steadily in three years!
3. Insurance conditions
The insurance age of Hongkangliduo is 30 days to 75 years old, which is really too wide for the insurance age, and can meet the insurance needs of most age groups to a great extent. The payment period is varied, including three years, five years, 10 years, 15 years and 20 years.
From this point of view, it is actually very possible for Hongkangli to prolong its life, and no shortcomings can be found at present.
Second, is it worthwhile for Hong Kangli to increase whole life insurance?
In the scope of whole life insurance's coverage of Manulife's increase, in addition to life-long death/total disability protection, there are also rights and interests such as policy increase, reduction and loan, and the effective coverage has increased steadily, with an annualized ratio of 3.8%, which is a good consideration in the field of flexible liquidity.
If you want to get lifelong death/total disability protection and have sufficient funds, you can consider this product.
To put it simply, if you know something about life insurance before, you should understand that whole life insurance will provide protection for people's lives under normal circumstances. It is more stable than term life insurance, bringing more sense of security, and the premium will be more than term life insurance.
If you can't afford so much money now, and want a small partner with death/total disability protection, you can also look at the relatively high-quality term life insurance products on the market, and you can choose to buy whole life insurance when the economic level improves.
This is to let everyone know and choose several life insurance products that have good protection for everyone. Friends who want to know can take a closer look:
Counting 202 1 Top Ten Life Insurance Rankings with High Cost Performance.
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