After the release of the CBIRC's circular on life insurance at the end of last year, the additive life products have undergone a wave of reshuffle.
In 2023, the life enhancement market is still slightly deserted, the number of products has decreased, and the overall yield of new products has been greatly reduced.
However, there are also some old products that have survived by relying on the special status of "nursing insurance", such as: Kunlun Health Zengduo No. 3 (also known as "Enjoy the Year"), Harmonious and Healthy People I Can.
There are also excellent old products that have transformed and returned to become a new generation of income kings, such as: Kangqian No. 3 Ruixiang Life of Fude Life.
Today, we will take an inventory of who is the TOP-level existence in the new era of increased whole life insurance.
01
Comparison of the contents of the increased life insurance cover
According to the comprehensive performance of product income, protection content, addition and reduction rules, value-added services and other dimensions,
Selected 8 products that are currently on the market, let's take a look:
1. Insurance rules
The range of insured people is the widest, and the highest support is 75 years old to be insured,
In addition to being more special, adults can only buy, other products support people under the age of 70 to insure,
In terms of payment methods, there are more options and more flexibility.
The threshold for starting investment is not very high, such as paying 1,000 yuan a year,
The minimum life of Ruixiang starts from 2,000 yuan, and the Shanhaiguan tiger roar version starts from 3,000 yuan, and ordinary wage earners can easily get on the car.
2. Add and subtract rules
Several products support insurance reduction, but only 3 support insurance reduction:
In comprehensive comparison, the most relaxed addition and reduction of insurance is Jinyu Mantang 2.0,
The insurance can be reduced after 15 months after the contract is effective, there is no limit on the number of times, the minimum reduction is 100 yuan, and the current price after the reduction > 500 yuan.
The additional insurance is more relaxed, there is no time, frequency and amount restrictions, and the insurance can be added after the hesitation period, starting from 100 yuan.
And the insurance reduction rules are also relatively relaxed,
Hongyun can reduce the insurance from 1 yuan in succession, and the current price after receiving it minus the principal and interest of the loan, the principal and interest of the premium paid in advance, etc. can be not less than 500 yuan, and there is no interval time requirement or a limit of 20% of the basic sum insured.
Evergrande 10,000 Jubilee can reduce the insurance from 2 years, there is no limit on the number of times, and the annual premium after the reduction can be > 1,000 yuan.
Friends who fancy the flexibility of adding and reducing insurance and pursuing the flexible use of funds can focus on it.
3. Other guarantees
In addition to the conventional addition and reduction of insurance, policy loans, these products have their own characteristics.
For example, Jinyu Mantang 2.0, Xinlilai (Jin Jue version) and Shanhaiguan Tiger Roar version all support generation-skipping insurance,
Meet the needs of grandparents to insure grandchildren, realize direct transmission of assets, and prevent asset disputes to the greatest extent.
For example, Zengduo No. 3, Shanhaiguan Tiger Roar Edition and Evergrande Wannian Jubilee all support the addition of universal accounts to achieve secondary asset appreciation.
Hongyun Lianlian, Xinlilai (Jin Jue version) and Shanhaiguan Tiger Roar version all support the second policyholder.
Xinlilai (Jinjue version) and Evergrande Wannian support trust services, which can achieve asset isolation and accurate inheritance of wealth.
Ruixiang life has 7 characteristics, minor illnesses and pains, direct online consultation, really necessary, but also help make an appointment for registration, very intimate.
02
Comparison of increased life earnings
Next, let's compare the benefits and payback time that everyone cares about the most:
1. Comparison of income in different payment periods
Let's take a 30-year-old man with an annual payment of 100,000 yuan as an example to take a look at the product income under different payment periods:
- Single-handedness
In the first 20 years of the policy, the growth rate was relatively fast, and the income had exceeded 3.4% at the age of 40.
It was followed by 3.329% at the age of 40 and 3.420% at the age of 50.
After 20 years of the policy, Ruixiang Life began to exert its strength, and at the age of 60, it could achieve a maximum income of 3.499%.
Secondly, the return is also relatively high, at the age of 90, it can also reach the level of 3.483%.
The overall performance of People and Golden Jade Full Hall 2.0 is also good.
- 3 years to pay
The first place is Ren Xing, with a profit of 3.398% at the age of 40 and 3.489% at the age of 90, far ahead.
Secondly, in the first 20 years of the policy, the income is also good, and the gap with the people and the bank is very small, and at the age of 50, the income can exceed 3.4%.
After 20 years of the policy, it is closely followed, and it can reach the high yield level of 3.486% and 3.487% in the later stage.
- 5 years to pay
The first place is still the people, the IRR exceeded 3.4% at the age of 40, and reached 3.493% at the age of 90.
In the first 20 years of the policy, it followed, and the IRR also exceeded 3.4% at the age of 50.
After 20 years of the policy, it has caught up, reaching 3.480% at the age of 60 and 3.49% at the age of 90.
- 10 years to pay
The IRR at the age of 40 exceeded 3.4%, and the IRR reached 3.495% at the age of 90.
It is followed by the second place, with stable performance, IRR breaking through 3.4% at the age of 50 and reaching 3.486% at the age of 90.
In addition, Ruixiang Life, Jinyu Mantang 2.0, Hongyun Lianlian, Xinlilai (Jinjue version) and Shanhaiguan Tiger Roar version can also support 15 and 20 years of payment.
If you want to see the specific revenue comparison, you can contact the planner at the end of the article.
Generally:
Each product has its own revenue growth characteristics,
There is no product that can win from the beginning to the end in every payment period.
Daddy made a rough revenue ranking:
In the case of single sex, Ruixiang Life is the absolute king, and the income reached the anti-heavenly level of 3.499% at the age of 60.
In the case of 3/5/10 year payment, after the relaxation of the payment period, our bank has performed very well.
Followed by the fierce competition of the three products of 10,000 Years of Jubilee Insurance, Zengduo No. 3 and Jinyu Mantang.
2. Comparison of return speed
Let's finally take a look at how fast the current price exceeds the premium paid:
In short-term payments,
The speed is amazing, single payment and 3-year payment are the 3rd year of the policy, and 5 years payment is also the return of the capital at the end of the payment period.
Secondly, the speed of return is also rare in the market, the 4th year of single payment, 3/5 years of payment is the 5th year of return.
The return of the capital is also very fast, and it is the same as the Shanhaiguan Tiger Roar version in the 4th year of the policy.
The return speed is also relatively fast, the single payment is the 5th year of the return, and the 3/5 year of the return is the 6th year of the return.
In long-term payment,
10 years of payment, the policy can be returned in the 8th year, at this time it is still within the payment period.
In the 9th year of the policy, it can also pay back, and the speed is also very fast.
If it is paid in 15/20 years, the performance is the best, respectively, the 10th year and the 12th year of the policy to achieve capital return,
Xinlilai (Jin Jue version) also performed very well, achieving capital return in the 11th and 13th years of the insurance policy respectively.
The 10-year payment of Jinyu Mantang 2.0 is the return of the capital at the end of the payment period, and the 15-year and 20-year payments can be achieved during the payment period.
03
How to choose high-quality products?
According to the previous comparison, daddy summarized the insurance recommendations for these products,
When actually applying for insurance, it is best to find a planner to help you analyze in detail before selling.
- Ruixiang Life:
The income advantage of this payment period is obvious, and the IRR can reach 3.499% at the age of 60, and the return rate is fast;
Low insurance threshold, starting from 2,000 yuan, and health value-added services,
The insurance reduction rules are decent, and the insurance reduction restrictions can be broken by splitting the insurance.
Ruixiang Life King returns, the opportunity of long-term compound interest income of nearly 3.5% is coming!
- Addition No. 3 (Happy Year):
The current price is growing rapidly, and the income is in the first echelon of the market;
The insurance reduction is written into the contract, and the rules are relaxed, and the policy loan interest rate is relatively low;
A universal account with a guaranteed interest rate of 3% can be attached, with long-term care responsibilities;
The slight disadvantage is that the short-term payment rate is not as fast as Ruixiang Life, Jinyu Mantang 2.0 and other products;
It takes into account both capital planning and nursing care, and is highly competitive in the current market.
Stressful! To raise a child, it actually costs so much money?
- People do it:
Outstanding comprehensive performance, proper first-tier products,
The income level of 3/5/10 years has a leading advantage over other products;
If you are a friend aged 18-55 and just want to balance income and long-term care protection, this product is the first choice.
This top-notch product has 3 new payment periods, which can be called a revenue ceiling!
- 10,000 Best of Two Insurance:
The revenue is in the first echelon of the market, and the income is close to 3.49%;
Also as an old product, the insurance reduction rules are relaxed and the return speed is fast;
A universal account can be attached to connect to a high-end pension community;
This is a product that has been delayed by insurance companies,
Friends who are confident in the insurance protection mechanism and the safety of insurance companies are worth considering this product.
This top-notch product has 3 new payment periods, which can be called a revenue ceiling!
- Golden Paradise 2.0:
The successor of the king's increased life,
The insurance age is wide, up to 75 years old can be insured, and it can also be insured across generations;
Support addition and reduction of insurance, and the rules are relaxed, you can add or reduce insurance from 100 yuan, there is no limit on the number of times, and there is no limit for additional insurance;
The short-term and medium-term payment rate is fast, and the income is close to 3.48%.
Hongkang Jinyu Mantang 2.0 increased life is online, can it create brilliance again?
- Hongyun Lianlian:
The starting investment threshold is low, starting at 1,000 yuan, and supports the addition and reduction of insurance;
The speed of capital return is against the sky, single payment/3 years payment in the third year of capital recovery, 5 years of payment can only take 5 years to return the capital;
The interest rate on policy loans is very low, only 4.5%, and the use of funds is more flexible.
The fastest 3 years to return the capital, this increase life current price growth rate is really amazing!
- Xin Lilai (Jin Jue version):
The revenue is weaker than the first-tier products such as Ren I Xing and Zengduo No. 3;
The policy has a wealth of rights and optional liabilities, which can not only achieve accurate wealth inheritance, but also add medical protection and critical illness exemption protection;
Support pre-underwriting, know the approximate underwriting results in advance, and leave no trace of underwriting;
The lockdown period is relatively short, and you can reduce the insurance and withdraw cash earlier, and obtain flexible cash flow.
Short-payment fast-return type increased life, Xinlilai (Jin Jue version) is worth paying attention to
- Shanhaiguan Tiger Roar Version:
Similar to Xinlilai, the income is not as good as the first-tier products;
There are many choices of payment terms to meet the payment needs of different groups of people, the insurance threshold is low, and the addition and subtraction of insurance are supported;
The closure period is short, especially for short-term payments, the payback speed is very fast;
A universal account can be attached to lock in earnings while also obtaining stacked benefits.
Safe and flexible, the income is not low, this treasure financial insurance Amway is for you!
04
Daddy concludes
At the beginning of the new year, the growth life market also began to have some surprises, and daddy is also very much looking forward to seeing more good products launched.
However, although the product is excellent, but how long it can stay is unknown, if you happen to have long-term financial needs, it is better to start as soon as possible.