What financial needs might the middle class face throughout their lives? The general environment is not good, some people want to lie down in advance, some people are thinking about their children's education, some people are worried about the shrinkage of assets, and some people are anxious about providing for the elderly... In the face of different needs, how did we solve them before?
In order to quickly lie down in advance, I developed the "Pension Relay"; In order to combat pension inflation, the "joint annuity for husband and wife" and "decent pension" schemes have been developed; For the sake of children's education and asset preservation, it is usually necessary to use dividend-paying increased life insurance; After this series of operations, the customers who have made transactions here have as few as three or five orders and as many as a dozen orders, not only do customers feel cumbersome, but they will also be tired and half dead when making plans.
But with the launch of Pacific (Hong Kong) Generation Joy 2, which only needs 2 million, the era of one policy to pack all the needs has finally come.
1. Estimated returns
Insurance conditions: 30-year-old female, insured for 0-year-old female treasure, annual payment of 400,000 yuan, payment for 5 years, 5% of the total premium from the fifth year, and the amount withdrawn each year after 2% compound interest on the basis of the previous year.
1️⃣ Early lying down, children's education and pension of the insured
Held for 30 years, at this time the insured is 30 years old, the policyholder is 60 years old, the insured begins to lie flat in advance from the age of 35, at this time the annuity has been received for 26 years, and a total of 3367092 yuan of cash withdrawal (interest-free arithmetic sum), at this time, the expected surrender value of the contract is 3185698 yuan, the expected internal rate of return IRR=6.067%, and the expected annualized simple interest SI=12.781%; At this stage, the children's education is completed and the pension stage is officially entered.
Held for 60 years, at this time the insured is 60 years old, the policyholder is 90 years old, assuming that the policyholder dies, from the age of 35 all the way to the age of 90, the annuity is received for 56 years, and the cash withdrawal totals 10155826 yuan, at this time, the expected current price of the contract has increased to 7142818, and the total survival benefit has reached 8.65 times of the total premium, the expected internal rate of return iRR=6.415%, and the expected annualized simple interest SI=31.892%.
2️⃣ Provision for the elderly
When the child is 100 years old, the annuity is received for a total of 28464667, at this time, the expected current price of the policy has increased to 44895304, the total survival interest has reached 36.68 times of the principal, the expected internal rate of return IRR=6.527%, and the expected annualized simple interest SI=130.251%.
3️⃣ Fukuzawa N generation
Friends who don't know about Hong Kong insurance may scoff when they see this, and you are not ashamed to calculate the income until you are 100 years old. However, due to the unlimited change of the insured, Hong Kong's savings and dividend insurance is not so much an insurance as a registered financial asset, the child is old and changes to a grandson, and the grandson continues to change when he is old, as long as the family incense continues, this policy can be blessed.
Second, the king of Hong Kong insurance rolls
1️⃣ Long-term earnings: Long-term IRR is as high as 7.20%, leading the market. Nearly 1% of the long-term guaranteed income, the first in the same kind of products in China.
2️⃣ Roll fast withdrawal: the only "567" in China, the only one in Chinese insurance.
3️⃣ Withdrawal after rollback: fast return to capital, regular collection, more convenient use of funds. For example, in a 5-year USD policy, 100% of the total premium will be withdrawn in the 15th year, and then 5% of the total premium will be paid annually from the 16th year onwards. It can not only protect cash flow, but also obtain more considerable potential benefits! Take 5 years and $200,000 per year as an example:
4️⃣ Volume retirement community: direct payment of the policy. The policy value can be used to pay directly for CPIC Homes Retirement Community Expenses, overseas investment, and enjoy in the Mainland. At present, 3 projects have been opened, namely Chengdu, Dali and Hangzhou communities; 9 projects have been implemented, namely Shanghai Chongming, Shanghai Putuo, Xiamen, Nanjing, Wuhan, Qingdao, Zhengzhou, Beijing and Sanya projects. Guangzhou and other intentional projects are being actively promoted.
If you apply for a CPIC Life Insurance Hong Kong policy, you can connect with the retirement community in the Mainland.
Apply to join CPIC Privilege Club at the same time, every US$1 of total premium payable = 1 CPIC Privilege Club points, for example, US$60,000 X 5 annual payment is 300,000 points, all eligible policies under each member's name (Generational Enjoyment, Retirement Days, Generational Enjoyment, etc.) can accumulate points, and CPIC Privilege Club points can be exchanged for CPIC Home Qualification, the rules are as follows:
With a total premium of US$30W, you can join CPIC Privilege Club and become a Gold Member to have a 2+1 CPIC Home Occupancy Qualification: you and your parents are eligible to move in at the same time, and your parents and partner parents can also move in at the same time, giving your parents, parents-in-law, in-laws, grandparents and future selves more choices and peace of mind.
3. Functional characteristics:
1️⃣ First Reserve Beneficiary: When the age of the policy insured is < 18 years old, the reserve policyholder can be pre-set to ensure the accurate inheritance of wealth and avoid cumbersome notarization processes and disputes.
2️⃣ New Contingent Policyholders: After the 1st anniversary of the policy, up to 2 contingent beneficiaries can be designated for each beneficiary to avoid losses caused by the early death of the beneficiary, and it is the first insurance company to pre-set the contingent beneficiary succession plan!
3️⃣ Premium Holiday: Up to 4 years premium holiday to ease the pressure of bill payment.
4️⃣ Currency Conversion: After the 3rd anniversary of the policy, you can convert the original policy currency to USD, HKD or RMB.
5️⃣ Incapacity Benefit: After the 1st anniversary of the policy, you can pre-set the designated person and the payout ratio to cover the additional expenses in case of illness.
6️⃣ Optimized Bonus Lock-in: On the basis of locking in the terminal bonus, it has been upgraded to the dual lock-in of the original bonus and the terminal bonus, and the lock-in percentage is up to 75% per annum, which is the strongest in the industry! The exercise time is also advanced to the 10th year of the policy, so that the wealth can be safely protected.
7️⃣ Enhanced Claim Options: In addition to the one-time/fixed instalment direct payment of the death benefit, there are flexible options such as "self-defined term, self-determined amount, specified age, and incremental direct payment" for up to 20 years!
Fourth, the premium discount
5. Background of the insurance company
As one of the three major life insurance companies in China, CPIC Life has been ranked fifth among the top 100 global insurance brands for many years, with assets under management of nearly RMB 3 trillion and serving 180 million customers. With a strong parent company background, CPIC Life Hong Kong has a clear competitive advantage in the market in terms of product design. The company has been selected as one of the Fortune Global 500 companies for 12 consecutive years; Ranked 5th in Brand Finance's Top 100 Most Valuable Insurance Brands in the World. In 2022, the company's operating income will be 455.372 billion yuan, a year-on-year increase of 3.3%; The Group's operating profit was RMB40.115 billion, representing a year-on-year increase of 13.5%; The Group's assets under management amounted to RMB2,724.230 billion, representing a year-on-year increase of 4.7%. The company's operational capabilities and service level continue to improve, providing more than 170 million customers with CPIC services of "responsibility, wisdom and temperature".
Write at the end:
In summary, Generation Yuexiang 2 is a Hong Kong insurance volume king that summarizes all the market innovations since 2024, in other words, it has achieved that no one has me, and everyone has me: the ingenuity of the "556" and "567" radical extraction methods is not as high as it, and it does not support increased withdrawal; There is no reversion bonus for the grand inheritance that can be recovered first and then withdrawn, and all the income is bet on the final dividend; It can achieve long-term guaranteed benefits close to 1% of Galaxy Privilege, and does not support the retirement community.
Therefore, Generation Yuexiang 2 has enjoyed the advantages of being a latecomer, including the highlight coefficient of competing products in the same industry, and then combining its own advantages to connect with the direct payment of policies in domestic pension communities, which is really showing off the sky. If there is any progress in the enjoyment of generations, if the conversion function of the rich Qianqiu annuity can be added in the next product upgrade, and the real annuity will inherit the real pension and connect with the real community after the conversion, then it will be really an invincible hexagonal warrior.
Extended reading:
Pacific generation Xinxiang, a perfect strategy for both offense and defense.
The small treasury of a real central enterprise that is truly guaranteed and withdrawn: China Life Overseas "Proud Wealth"