1 year 1 ten thousand yuan *3%*5 years = 1.5 million yuan.

Second year 10000 yuan *3%*4 years = 1200 yuan.

Third year 10000 yuan *3%*3 years = 900 yuan.

4th year 10000 yuan *3%*2 years = 600 yuan.

The fifth year 10000 yuan *3%* 1 year = 300 yuan.

* * * 4,500 yuan, plus the principal of 50,000 yuan, which is equivalent to five years later, you paid 54,500 yuan back to others at one time.

In fact, if you can't get it out for a long time after paying the money, you can calculate it at the interest rate of 5% for five years.

It is equivalent to giving someone 56,000 yuan at a time after 5 years.

If you deposit this 56,000 yuan in the bank for five years, the current five-year interest rate is 5%.

Then from the sixth year, you can get 56000 * 5% = 2800 yuan, and your principal of 56000 yuan will always belong to you.

Therefore, the income of 1000 yuan given by the insurance company is definitely not as good as that of the deposit bank. Of course, in case of personal accident, the insurance company may compensate some, which is another matter.

But in general, insurance companies choose people who are unlikely to have accidents, and there are many traps in the contract. Personally, I think, from a statistical point of view, the compensation that the insured gets from the insurance company is basically negligible.

That's all I know. Let's go to the bank or insurance company and ask how to pay it back. It will definitely deduct a lot of money, because if you don't pay it back in five years, they will make a lot of money.