In recent months, insurance companies have launched new products since the scheduled interest rates for various insurance products were lowered on August 1. Although the revenue of the new product is lower than that of the old product, it is still loved by many customers.
Recently, Fude Life Insurance has launched a very competitive product: Xinxiang No. 2. This increased life product definitely belongs to the first echelon of products in the entire market, and the IRR of the policy can reach up to 299%。Regardless of whether it is paid in 3 years, 5 years, or 10 years, the income of the policy is at the top of the market. From the perspective of long-term cash value, especially after 30 years, Fude Xinxiang No. 2 is definitely a good product that ranks among the top three in the market.
01.Basic insurance rules
Compared with the ordinary increased life insurance, Fude Xinxiang No. 2 Whole Life Insurance increases the liability for total disability due to aviation accidents, and the policy pays for the death insurance benefits in addition to the death insurance benefits.
02.Policy Benefits
Like other excellent longevity products, Xinxiang No. 2 is a productThe return on the principal is fast, and the principal is doubled early
Take a 0-year-old male treasure as an example, pay 100,000 yuan per year, pay for 3 consecutive years, 5 years, and 10 years respectively, and the corresponding cash value is as follows:
Choose different payment periods, and the payback time is different.
3 years to pay: the 5th year to return to the capital;5 years to pay: the 5th year to return to the capital;10 years to pay: 9th year to pay。For example, when you choose a product that is paid in 5 years when you apply for insurance, at the end of the 5th year, you have already returned the principal and have some income, if you need funds at this time, you can apply for a reduction in insurance, or you can use the policy loan function to ensure the flexibility of funds.
We are all concerned about the principal doubling time,When it is delivered in 3 years, it will be doubled in the 27th year, in 5 years, it will be doubled in 28 years, and in 10 years, it will be doubled in 30 years
In addition, the IRR of this product can really be as high as 299%！The following is an example of a 30-year-old man with 100,000 5-year delivery, and from the 35th year, the IRR is as high as 299% and for life.
03.Compare with other excellent products
I have written about the Great Wall Shanhaiguan Longteng version of increased life insurance before, and you can click on the previous article for details:
Good product sharing: The return speed and principal doubling speed of the Shanhaiguan Longteng version of the Great Wall Shanhaiguan Longteng version of the increased life insurance are among the top products in the market, and the income of this product is similar to that of the Shanhaiguan Longteng version in the early stage, but it will exceed the Shanhaiguan Longteng version in the later stage. When choosing 3 years to deliver, the income of Shanhaiguan in the early stage is higher, and the income of Xinxiang No. 2 is higher in the later stage5 When the 10-year delivery, the income of Xinxiang No. 2 is slightly higher.
04.Attach a universal account
The purchase of Xinxiang No. 2 Incremental Whole Life Insurance can also be attached to the universal account, and the information of the additional universal account is as follows:
The minimum guaranteed interest rate is 20%, and the current settlement rate is 43%。The handling fee for receiving and surrendering the policy in the first five years is % respectively.
There is no limit to the amount of subsequent additional funds in this universal account, whether it is the transfer of funds from the main insurance, or the spare money in hand and want to put it into the account to enjoy high interest, there is no limit on the amount of money transferred.
05.Introduction of Fude Life Insurance Company
Fude Life Insurance is a national professional life insurance company, established on March 4, 2002, headquartered in Shenzhen, with a registered capital of 1175.2 billion yuan, with total assets of over 510 billion yuan. At present, it has 35 branches, more than 1,000 branches and service outlets across the country. The premium scale continued to stand on the 100 billion platform, and the market ranking remained stable in the top 10 in the industry.
In 2023, the total annual premium income of Fude Life Insurance will be 108.1 billion yuan, ranking ninth in the country, and the company's strength is undoubted.
Summary:
Relying on its own super product design capabilities, Fude Life Insurance has launched products with very competitive advantages in recent years, such as the whole life insurance product Xinxiang series, the pension product Golden Jubilee series, and the critical illness insurance product Zhenxiang Health Series, all of which belong to the first echelon of the market, and the products are ranked relatively high.
However, Fude Xinxiang No. 2 also has shortcomings, first of all, it cannot set up a second policyholder, and secondly, the insurance reduction rules are relatively strict, and the annual insurance reduction amount cannot exceed 20% of the cumulative premium paid. However, there is no perfect product on the market, this product has achieved the ultimate in terms of policy benefits, and the slight lack in other aspects does not affect our love for this product.