In the life insurance market, Fosun Prudential Xingfujia, as a participating whole life insurance, has attracted much attention.
It is underwritten by Fosun Prudential Life, a company that may seem a little unknown to some, but its strength should not be underestimated.
So, is Fosun Prudential Xingfujia worth buying?
Next, we will delve into both the product itself and the strength of the insurance company**.
Fosun Prudential Xingfu FamilyWhat do you think?
Fosun PrudentialWhat about life?
Daddy concluded
OneFosun Prudential Xingfu FamilyWhat do you think?
As an incremental whole life insurance, the core protection of Fosun Prudential Xingfujia lies in the death or total disability of the insured.
In terms of payout rules, it is similar to most whole life insurance plans, but the effective sum assured increases slightly by a slightly lower percentage of 25%。
Still, this doesn't have much of an impact on the overall revenue of the product.
Because for endowment insurance, we pay more attention to the cash value at the time of surrender, that is, the actual income.
In addition, Fosun Prudential Star Fortune adopts the dividend distribution method in the form of incremental dividends.
This means that the dividends will be given to the policyholder in the form of an increase in the sum insured, which can be received when the insured is out of the insurance or surrendered the policy.
As the sum assured increases year by year, the cash value and level of protection of the policy will increase accordingly.
At the same time, the product also provides a wealth of policy rights, such as policy reduction, policy loans, etc., providing policyholders with more flexibility and choice.
It should be noted that there are certain conditions that need to be met to apply for Fosun Prudential Xingfujia.
The age range of the insured is between 30 days and 70 years old, and the premium must meet the minimum requirements agreed in the product.
Specifically, the minimum premium for single payment is $30,000, and the minimum premium for 3 years is 1$50,000, while the minimum premium for 5-year and 10-year payments is $10,000.
For policyholders with a limited budget, a longer payment period can be selected to alleviate financial pressure.
IIFosun PrudentialWhat about life?
In the composition of the income of the participating insurance, we should not only pay attention to the fixed income specified in the contract, but also pay attention to the floating dividend income.
For Fosun Prudential Xingfujia, its floating income is mainly derived from death spreads, interest spreads and fee spreads.
Among them, the interest rate spread – that is, the difference between the real yield of the participating insurance and the predetermined interest rate – is particularly critical, and it dominates the dividend income.
In short, the profitability of an insurance company will directly determine the level of its dividends.
After in-depth research, we learned from the official data of Fosun Prudential Life Insurance that the company's average investment return in the past three years has reached 4.%.64%, which is quite eye-catching in the industry.
In addition, judging from the historical fulfillment ratio, Fosun Prudential's participating insurance products are able to pay dividends as promised, and even some products can achieve excess dividends, which undoubtedly further confirms the company's strong strength and good reputation.
It is worth mentioning that Fosun Prudential Life is backed by two world-renowned shareholders, Fosun and Prudential Group.
The international influence and strong strength of these two giants have provided a solid backing for Fosun Prudential Life and laid a solid foundation for them to provide consumers with long-term and stable investment returns.
To sum up, Fosun Prudential Life has established a good reputation in the insurance market with its stable investment strategy, reliable dividend mechanism and strong shareholder support.
We have reason to believe that it will continue to provide consumers with high-quality insurance products and services to achieve long-term wealth accumulation goals.
3. Daddy's summary
To sum up, as a participating whole life insurance product, Fosun Prudential Xingfujia has performed steadily in terms of protection and income.
Its underwriting company, Fosun Prudential Life Insurance, also has strong strength and reputation.
For policyholders who are looking for long-term stable income, this product is an option worth considering.
Of course, before purchasing, you also need to make rational analysis and decision-making according to your actual situation and needs.