Many friends are asking, is the price/performance ratio of AIA Classic Glory Exclusive Edition whole life insurance really that high? Is it really worth buying? The following sister will give you an in-depth evaluation!
First, is the basic guarantee responsibility of the classic glory exclusive edition excellent?
As usual, senior sister first presents the product drawing of the classic glory exclusive edition handed down from generation to generation:
Looking at the simple product diagram of the classic glory exclusive version handed down from generation to generation, senior sister feels that it is not an ordinary product! The specific content can be seen!
1, lack of total disability protection
Death and total disability protection have always been the basic protection of life insurance allocation, but the classic glory exclusive edition handed down from generation to generation does not have total disability protection, but only provides death protection.
For the public, how serious a person and a family are hurt by total disability is completely hellish!
In addition, if you are really completely disabled because of an accident, the cost of follow-up treatment, care, food and clothing is a lot.
After all, disabled patients themselves can no longer create value and lack labor. This is a long battle!
It can be seen that the glorious version of the classic handed down from generation to generation is not considered in AIA's planning.
However, you don't need to be negative. These more popular and comprehensive life insurance products in China can be used for reference. Senior sister summed it up: "Super complete! Domestic popular life insurance comparison table "
2. There are restrictions on annuity conversion.
Sister Xue speculated that those friends who bought this classic glory exclusive product early must have converted this product into annuity financing!
This is really attractive. After all, if you insure this product, if you need to bear less family responsibilities in the later period, it is particularly good to convert it into annuity financial management.
However, everyone should keep this in mind. The conversion annuity of the classic glory version handed down from ancient times needs to meet the following two conditions:
① On or after the 10th policy anniversary after the contract comes into effect;
② The insured is between 60 and 70 years old.
Since annuity conversion needs to meet these two conditions, it shows that annuity conversion needs some efforts! Therefore, if you are a friend who has taken a fancy to converting the classic glory version handed down from generation to generation into an annuity, you must know the terms like the back of your hand ~
If everyone wants to manage money, buy the glory exclusive version of the classic handed down from generation to generation, and the senior sister does not recommend it!
Do you think senior sister will stop there? That's true. The above two points are just a little trick. Next, what Xue Xuechang tells you needs everyone's attention! Look down if you want to know ~
Second, the hidden tricks of the classic glory exclusive edition handed down from generation to generation are worthy of attention! To insure the classic glory exclusive edition handed down from ancient times, we must pay attention to the following defects in this product:
1, the insured amount is fixed and does not increase.
The biggest drawback of the classic glory exclusive edition handed down from ancient times is that the insured amount is fixed and does not increase with compound interest. What we need to know is that the vast majority of life insurance products on the market are increasing frequently according to a certain proportion!
Therefore, this kind of insurance coverage is still a good life insurance that can grow back and forth, which is also commonly known as incremental total life insurance, and the income is very gratifying!
Want to know more about the friends in the whole life insurance, this purchase guide should be coded: "Holy whole life insurance, who can manage money and who can guarantee it?" Is it worth starting with? 》
Compared with the glorious version of the classic handed down from ancient times, life insurance is the same as life insurance, but its coverage is not long!
2. Dividends are uncertain.
From the product drawing of the classic glory exclusive edition handed down from generation to generation, we know that the dividend of this product can not be accurately judged, which is the most unsatisfactory!
From this perspective, it turns out that the first purpose of many small partners to choose life insurance is to listen to the sales staff describe the benefits brought by dividends. Although the insurance contract also says in black and white that there is dividend, it is impossible to judge how much it is.
Many salespeople may tell you that this insurance company is very good. Don't worry, there must be dividends!
However, as buyers, we have no right to know how much profit the insurance company has every year, and the insurance company will not let you know.
Most people fall into this trap!
Meanwhile, senior, I prepared a surprise for my friends. Don't be fooled by the routine of dividend insurance: "Why are the complaints about dividend insurance so high?" Unveil the mystery of dividend insurance. "
Xue Jie is almost finished here. Let's summarize it for everyone.
Third, the summary of the senior sister
To sum up, the classic glory version handed down from generation to generation is not recommended by senior sister! The main reason is that the guarantee responsibility is not comprehensive, and there are many unknown tricks, which are not cost-effective.
There are many satisfactory products of the same kind on the market. Friends who want to find more comprehensive and practical insurance still suggest comparing other products.
Write it at the end
I am an expert in insurance, focusing on objective, professional and neutral insurance evaluation;
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I give you the most professional advice based on many years of experience in configuring insurance for 10W+ families.
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