What are the advantages and disadvantages of PICC Life Insurance Zhuo Yue Freshman Instant Pension Insurance? Who is suitable for buying?

PICC Life's Zhuoyue Xinsheng Immediate Pension Annuity Insurance has attracted the attention of many consumers since its launch. What is the guarantee of this product? Is it worth our insurance? Interested friends continue to look down.

1.How about PICC Life Insurance Zhuo Yue Freshman Immediate Pension Insurance?

As before, Sister Xue shared the protection map of this product with you. You can have a look first:

1, insurance rules

As can be seen from the above figure, the guarantee period of PICC Life Zhuoyue Xinsheng immediate pension annuity insurance can be selected in 10 or 15, and seven exemption clauses are set.

For the payment period, the product covers wholesale payment, 3-year payment and 5-year payment. Among them, the wholesale premium means that the insured pays all the premiums at the time of insurance, which is suitable for people with high income in a short time but unstable income in the future.

On the definition and advantages of wholesale premium, senior students have sorted it out in this paper. Interested friends can have a look:

What do you mean by wholesale? What are the benefits? 》

The pension annuity of this product can be collected not only annually, but also monthly. The pension annuity clearly points out that the starting date of collection is the corresponding date of the first policy year of the contract.

If monthly payment is selected, the pension annuity collection date is set as the start date of pension annuity collection and the corresponding date of each policy month thereafter; If the pension is received annually, in this case, the date of receiving the pension is the start date of receiving the pension and the effective date of each policy year thereafter.

2. Guarantee content

China People's Life Insurance Zhuo Yue Freshmen's Immediate Old-age Insurance covers a wide range, and can enjoy pension, blessing, expiration and death protection.

Let me talk about the pension annuity that everyone cares about. From the start date of receiving the pension to the expiration of the insurance period, if the insured survives and meets the requirements during this period, the insurance company will pay the pension on the pension collection date as agreed in the contract.

If you choose to receive an annual pension, you can enjoy the sum of the wholesale premium or the annual premium multiplied by the basic insurance amount of the contract to determine the pension ratio (wholesale 7%, 3 years 20%, 5 years 25%). If you choose to receive a monthly pension, the insured can get the calculated amount of the above annual pension ×0.085.

If the insured lives on the corresponding day when the fifth policy year of the contract comes into effect and meets the requirements, the insurance company will pay the blessing according to the product of the wholesale premium or the annual premium and the proportion of the blessing payment (7% for wholesale, 20% for 3 years and 25% for 5 years) determined by the basic insurance amount of the contract.

It is not difficult to find that the payment ratio of pension annuity and blessing gold is affected by the selected payment period, so everyone must pay more attention to this when insuring.

In addition, if the insured survives at the expiration of the insurance period and meets the requirements, the insurance company will pay the maturity insurance premium according to the basic insurance amount of the contract.

If the insured dies unfortunately within the guarantee period and meets the claim standard, the compensation shall be based on the larger of the contract cash value at the time of the insured's death and the premium paid minus the received pension (excluding interest) and blessing (excluding interest).

As far as policy rights and interests are concerned, PICC Life Insurance Zhuo Yue Xinsheng Immediate Pension Annuity Insurance allows the insured to use the policy loan and pay the premium automatically.

The biggest function of policy loan is to effectively solve the financial difficulties of the insured. If the funds behind the insured are really tight and all the conditions are met, you can directly apply for using the interest of this policy, so that you can get a sum of money smoothly (this loan fund has a special term, and the loan and interest will be repaid after the expiration), which can solve the economic difficulties well.

Moreover, automatic premium payment means that when the insured fails to pay the renewal premium on time, and the policy has enough cash value at that time and meets the contract requirements, the insurance company will automatically pay the cash value to the unpaid premium, so that the policy is still valid.

Here, we first introduce the basic situation of PICC Life Insurance Zhuo Yue Freshmen's Immediate Pension Annuity Insurance. If you want to know more about this product, you can read the following:

Is the pension annuity insurance of PICC Life Insurance "Zhuo Yue Freshman Instant" worth buying? Don't lose money after reading the choice! 》

Second, is PICC Life Insurance Zhuo Yue Freshman Immediate Pension Annuity Insurance worth starting with?

In a word, the performance of PICC Life Insurance Zhuo Yue Freshman Immediate Pension Annuity Insurance is not bright. The guarantee period provided by this product is 10/ 15 years, which is more in line with the requirements of small partners seeking short-term protection.

However, there are still many excellent annuity insurance products on the market. Sister Xue suggested that you can learn more about other products and then choose the best one according to your own safety needs.

Finally, seniors have compiled a cost-effective list of old-age insurance, which interested friends can refer to:

The top ten commercial endowment insurance market with cost performance! 》

Write it at the end

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