Can the annual insurance of China Life Xinfu be fully refunded after ten years?

1. Even if the premium is paid for ten years, the principal will not be recovered, so there will be losses.

2. Because commercial insurance is not savings, you can get back the principal and income if you can't make money. Commercial insurance is a kind of financial management tool that can obtain certain benefits or compensation in the future. Therefore, customers who don't want to buy insurance will get it back after paying the premium, and the losses incurred will be borne by the customers.

3. Old-age security, as a kind of dividend insurance integrating investment, financial management and old-age care, has its unique advantages in the whole life. It includes the characteristics of returning once a year, that is, sending and receiving, and high security. Its advantages are welcome, but its disadvantages are also very obvious.

4. Advantage 1: Anti-inflation.

(1) In today's society, fighting inflation is a topic of concern to the whole people. It is a problem that every family has to face to choose the right financial management tools, do a good job in family financial planning, let family assets outperform CPI, and realize the preservation and appreciation.

(2) It also has the unique characteristics of immediate payment, annual return, high security and pension supplement, which not only ensures the flexibility of capital operation and the stability of wealth appreciation, but also enables investment funds to resist the inevitable inflation to the maximum extent.

5. The types of insurance in China can be roughly divided into social insurance and commercial insurance. Social insurance, including endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance. Commercial insurance in China is divided into property insurance and personal insurance. Among them, property insurance is divided into three categories: property loss insurance, liability insurance and credit guarantee insurance.

6. Property insurance refers to the insurance in which the insured pays the insurance premium to the insurer in accordance with the contract, and the insurer is liable for the loss of the insured property and its related interests caused by natural disasters or accidents in accordance with the insurance contract. Insurable property includes tangible property and intangible property and their related interests. Property loss insurance is usually called taking material property and its related interests as the subject matter of insurance.

7. The principle of double insurance distribution is also derived from the principle of loss compensation. Double insurance refers to the insurance in which the applicant enters into insurance contracts with more than two insurers for the same subject matter, the same insurance interest and the same insurance accident. The applicant for double insurance shall inform all insurers about the double insurance. In the case of double insurance, when the sum of the insured amount of double insurance exceeds the insured value, when the insured claims from several insurance companies for an insurance accident, the loss compensation must be shared among the insurers, and the total compensation obtained by the insured shall not exceed the insured value. On the one hand, it can prevent the insured from maliciously using double insurance, and make multiple claims between insurance companies to obtain additional benefits; On the other hand, it can maintain the equal rights and obligations of insurance companies. The commonly used allocation methods include insurance amount proportional responsibility system, compensation limit proportional responsibility system and sequential responsibility system. Unless otherwise agreed in the contract, the insurance company shall generally be liable for compensation in proportion to the insured amount.