PICC Life Insurance is composed of "PICC Life Insurance Flower Prosperity Annuity Insurance" and "PICC Life Insurance Quality Gold Account Annuity Insurance (Universal)". It provides the form of death insurance+annuity+policy loan, which is suitable for people born from 28 days to 75 years old. The insurance methods are flexible and divided into one-time payment, three-year payment and five-year payment. However, due to different insurance ages and different payment methods, the premiums paid are natural. The problems that consumers care about, such as whether the life insurance of PICC is prosperous or not, can be explained by benefit demonstration.
Is PICC Life Insurance Prosperous?
Demonstration of the benefits of PICC Life Insurance.
Case description: Mr. Peng, who is 30 years old, is a very conservative investor. He hopes to manage his wealth with the surplus funds on hand. After shopping around, he chose the "People's Insurance Company of China Life Insurance" for himself, and agreed that the annual annuity would be automatically transferred to the personal account of Life Insurance Quality Fund (Universal) for secondary appreciation, and the annual premium would be100000 yuan, and the payment would be completed within three years. And the guarantee agreement is 10 year, the basic insurance amount is 58 170 yuan, and the account annuity insurance is for life.
So, is PICC Life Insurance prosperous? After the contract comes into effect, Mr. Peng can see the benefits of this annuity product:
1, annuity insurance:
From the fifth year of the contract, I will return 100% of the basic insurance amount as the first annuity, that is, I will get the 58 170 yuan annuity paid by PICC. If I survive in every year, Mr. Peng will return the full 1 year payment 100% of the basic insurance amount as the annuity, and other annuities returned every year will be automatically transferred.
2. Total of universal account:
(1) When Mr. Peng is 40 years old, the low interest rate of 3% is about 370,000 yuan, the middle interest rate of 4.5% is about 390,000 yuan, and the high interest rate of 6% is about 4 1 10,000 yuan;
(2) When Mr. Peng is 60 years old, the low interest rate of 3% is about 680,000 yuan, the middle interest rate of 4.5% is about 960,000 yuan, and the high interest rate of 6% is about1340,000 yuan;
(3) When Mr. Peng is 80 years old, the low interest rate of 3% is about1240,000 yuan, the middle interest rate of 4.5% is about 2.35 million yuan, and the high interest rate of 6% is about 4.44 million yuan;
Summary: Through the demonstration of the benefits of PICC life insurance, we know whether PICC life insurance is prosperous or not, but if calculated according to the guaranteed interest rate of 3%, the income is not particularly high, and only the more stable and conservative policyholders can try.
Extended reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.