New China Life adheres to the product development concept of "customer-centered", deeply studies the security needs at different stages of life, and forms distinctive product characteristics. The product slogan "insurance that will grow" is deeply rooted in people's hearts and has won the love and trust of our customers.
According to the differentiated needs of customers, Xinhua Life has established a perfect product system, covering ordinary insurance products and new life insurance products, which can fully meet the needs of accident risk prevention, health, medical care, pension, children's education, family finance and so on at all stages of life.
New China Life Insurance Product Features:
Quick profit-returned every two years 10% of the insured amount.
Safety profit-refund of insurance premium when due
Double interest rate increase-capital preservation dividend+accumulated interest.
Worry-free profit-policy holders are exempt from premium.
Flexible enjoyment-convertible pension due
Product information:
Payment period: one payment, 5 years, 10 year, 20 years.
Insurance age: during the one-time payment, five-year payment and 10 payment period, the insurance age is 0-55 years old; Within the payment period of 20 years, the age of 0-45 is guaranteed.
Insurance period: to 70 years old.
Insurance liability:
Survival insurance premium-returned once every two years (basic premium plus accumulated bonus premium) × 10%.
During the period from the effective date of the contract to the effective date of the 70-year-old policy, the insured shall live on the effective date of the policy once every two years, and the Company shall pay compensation according to 10% of the sum of the basic insurance amount and the accumulated dividend insurance amount on the effective date of the policy.
Due premium-paid premium+accumulated dividend insurance amount
The policy that the insured survives until he reaches the age of 70 takes effect, and the company pays the maturity insurance premium according to the sum of the following two items, and the contract is terminated.
1. Insurance premium actually paid;
2. Accumulated dividend insurance amount.
Death insurance premium-paid premium × 1.05+ current price of accumulated dividend insurance.
If the insured dies, the company will pay the death insurance money according to the sum of the following two items, and the contract will be terminated.
1.65438+ 005% of the actually paid insurance premium;
2. The cash value corresponding to the accumulated bonus insurance amount.
The insured is exempt from premium for accidental injury caused by death or total disability due to an accident.
Unless otherwise agreed, if the insured died of accidental injury or was physically disabled due to accidental injury, and the insured was between the age of 18 and the age of 60 at the time of death or physical disability, the renewal premium from the date when the insured died or was determined to be physically disabled may be exempted, and this contract will continue to be valid.
Pension annuity conversion clause: maturity insurance premium and final bonus can be converted into pension annuity in part or in whole.
If the insured survives to the corresponding date when the 70-year-old policy comes into effect, the insured can apply to the Company within 60 days from the corresponding date when the policy comes into effect, and use all or part of the sum of the due insurance premium and the final dividend as a one-time premium to purchase personal converted endowment insurance. The amount and method of individual pension annuity insurance are determined according to the annuity collection standard provided by the company at the time of purchase.
Forms of insured dividends:
Xinhua Life Insurance adopts the method of "guaranteed dividend", that is, dividends are paid directly by increasing the insured amount, that is, the annual dividends shared by customers in the current year are automatically added to the insured amount, and dividends are paid in the next year on this basis. Until it expires or an insurance accident occurs, the insurance amount accumulated with compound interest for many years will be paid to the customer, and there will be the last dividend distribution when the policy is terminated or reduced. Dividend can automatically increase the insured amount and effectively reduce the management cost. At the same time, due to the less pressure to realize the assets in the investment account, the investment strategy is more flexible and the possibility of obtaining high returns is greater.
The advantages of capital preservation and dividends are mainly reflected in the following four aspects:
① Dividends come from a wide range of sources.
Xinhua Life adopts the capital preservation and dividend mechanism, and the dividends of its dividend products come from all the profits that the company may obtain from operating dividend products. The sources of dividends include spreads, dead spreads, fees and other possible surpluses.
2 dividends are more thorough.
The biggest profit sources of general insurance companies are spread, fee difference and death difference, but various factors such as policy status, changes in actuarial valuation methods and basis, changes in tax policies and financial accounting methods may also generate profits. In general dividend distribution, only spread, fee difference and death difference participate in dividend distribution in whole or in part; The British-style guaranteed dividend adopted by Xinhua Life Insurance can participate in all possible sources of profits generated by insurance companies, so that customers can enjoy the operating results of insurance companies to the maximum extent, which embodies the principle of fairness and customer interests first.
③ The dividend level is stable.
Capital-guaranteed products usually adopt the double dividend design of "annual dividend" and "final dividend". Under normal circumstances, insurance companies keep the "annual dividend" relatively stable to meet customers' relatively reasonable expectations. When the insurance contract is terminated, the last bonus will be distributed to the customer to make up for the apology and smooth return.
(4) More adequate protection.
Dividend-paying products are distributed on the basis of the insured amount, and the dividend and compound interest increase every year. Customers can see the continuous growth of the insured amount, and they can receive it in one lump sum once the claim is settled or the policy expires. The way of paying dividends with guaranteed amount helps customers realize their real purchasing power in the future, that is, when risks occur and money is urgently needed, the same premium investment brings higher protection and truly embodies the true meaning of insurance.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.