As we all know, the higher the income of annuity insurance, the better, but many friends may not know that high income does not mean that they will be able to get more money.
It's like two jobs, one with a salary of 10,000; A 7,000 pack of food and accommodation ......Some people feel that the salary is higher and the disposable is stronger; Some people think that they can save money more by including food and housing, how to choose? It may depend on the situation.
The same is true for annuity insurance, excellent products seem to have similar returns, but the way of giving money may be very different, and in the end it is suitable for different people.
If we only look at the revenue data and choose randomly, it is very likely to buy unsuitable products, and even receive hundreds of thousands of dollars less. I will talk to you about this topic today, and the main contents are as follows:
There are 3 ways to buy annuity insurance, see which one is right for you?
Want a higher pension? These products are doing well
Worried about dying young? These products are passed on to the next generation
Want to be more flexible with your money? These products add value faster
The income of annuity insurance should be considered in 3 amounts:Regular pension, cash value for policy reduction or surrender, and compensation for unfortunate death.
It is impossible to give these three sums of money at the same time, for example, if the pension is more, the cash value or death benefit may be less.
Therefore, we should also focus on it when selecting. How to choose? You can refer to the following 3 scenarios:
1. Want a higher pension
Some friends buy annuity insurance just to receive more money, so you can consider products with higher pensions and less surrender benefits and death benefits.
The benefits of this are obvious, if you can live a long life, with the same investment, the total amount of money you will get will be very considerable; However, because the death benefit is average, if a person leaves early, he basically can't pay much money to his family.
Therefore, this method of buying is suitable for friends who are very confident in their longevity and do not have to think about what will happen after their death, such as Dink, or friends who have left money for their families.
2. Worry about early death
Of course, some friends are more concerned that I have taken out a large amount of money, in case of premature death, I will receive a lot of less money, and this investment will not have any returns?
Friends who have this kind of concern can choose a product that takes into account the death protection, and may receive a little less money than the above, but promise to return the cash value after death, or agree on a guaranteed period.
For example, if you are guaranteed to receive it for 20 years, but unfortunately pass away after 5 years, the insurance company will give the money that should have not been received for the remaining 15 years to the family at one time.
In this way, people can have a good pension when they are alive, and they can also leave a sum of money to their families if there are changes, which is suitable for friends who are worried about the risk of early death in the future.
3. I hope to be more flexible with money
In addition, some friends will worry that annuity insurance is a long-term investment, in case you need to use money in the middle, can you take it out?
In this case, you can choose a product that grows faster in cash value, adds more value, and is more flexible overall.
Even if you want to use money in the early stage, you won't lose money; If you don't need money, you can have a good pension in the later stage, so we don't have to worry about using money before retirement and not being able to turn over.
We selected the best of the best, selected 5 high-yield products, and compared the differences between men and women under the same payment conditions, the difference in pensions, as follows:
It can be seen that even if they are excellent products, there is a big difference in pensions, and the larger the payment amount, the more obvious the difference.
I just hope to get more pensions, regardless of the use of money in advance or early death, etc., you can choose this:
Women can consider everyone to choose section B, the pension is very high, and the longevity is 90 years old and 100 years old, and they can also get a birthday payment; And with a premium of 250,000 yuan, you can get the right to live in the retirement community;
Xinghai Winner Dragon Edition (Plan 2) is also very good, the amount received by men and women is very high, especially for men, much higher than other products in the table, and the total premium reaches 1.5 million and can also be connected to the pension community.
Of course, most friends may still want to take into account death protection, or be able to use money flexibly, so what about the performance of several products in the table? Read on.
For those who are worried about going early, we have also compared the death benefit rules of these products, and calculated the death benefit of 55 75 years old, as follows:
Generally speaking, if you leave before you start receiving money, you will pay for the premiums paid or the cash value, and whoever pays more will pay whom; However, if you die after you start receiving money, there is a difference in the payout, some will pay the cash value, some will pay the premium, and some will agree on the guaranteed payment period ......
On the whole, both men and women can give priority to the Xinxi Nian Nian Premium Edition (plan 1), the cash value can be lost in death, and the current price can last until 104 years old, regardless of early death or ** death at the age of ten, you can get a lot of money.
As shown in the table above, a total of 1.05 million can be obtained after death at the age of 65, which is hundreds of thousands more than other products; died at the age of 75, and he received three or four hundred thousand more than other products.
Secondly, Xinghai Winner Dragon Edition (Plan 2) and Zengduo No. 5 (Lightning Version - Guaranteed for 10 Years) are also good, which can guarantee 12 years and 10 years respectively, and can also avoid the risk of early death.
The current price of Fuman Man No. 3 (Premium Edition - Guaranteed Rebate) has also increased well, and it has begun to receive the death of the predecessor, and the amount of compensation is also a lot.
Of course, some products also support a guaranteed 20-year guarantee, and the death protection is very good, but the amount may be lower, so you can be interestedClick the card below, free for planners to compare and calculate.
If you are looking for product flexibility, we have also compared their policy reduction rules and the rate of growth before retirement, as follows.
It is obvious to see that among several products, the cash value of Duoduo No. 5 (lightning version - guaranteed for 10 years) has increased faster, and the income in the early and middle stages is excellent regardless of whether it is bought by men and women.
According to the method in the table, the cash value in the 9th year exceeds the premium paid, which means that the premium will not be lost as soon as the premium is paid, and it is 11 years faster than some products.
And this cash value will continue to grow, and the IRR will reach 29%；If there is no money in the middle, the pension income in the later period can also reach 3About 5%.
If you are not sure whether you will use the money of annuity insurance in the future, it is very good to choose this product, and if you want to use the money, you will use it as a long-term financial product; If you want to retire, you also have a lifetime of cash flow.
However, the above 3 recommendations are all from a single point of view, if we have several needs at the same time, how to choose? Here are two examples:
If you value receiving and death benefits, you can choose the Xinxi Nian Nian Premium Edition (plan 1), which is not small, and the death benefits are very reassuring.
If you value receiving and want to take into account some value-added, then Fuman No. 3 (Premium Edition - Guaranteed Rebate Premium) is also a good choice in addition to the Increasing Lightning Edition, which has a high income, and the current price grows quickly and can last until the age of 104.
That's the end of today's article, and I want to tell you so much that I want to tell you: product benefits are very important, but whether it is suitable or not is more important.
The so-called honey of yours and arsenic of the other, there is no product that can adapt to everyone, and the one that can solve your own needs is the best.
If you have other ideas after reading it, such as comparing other products, you can also do thatClick the card above, free one-on-one planner consultation.