When purchasing insurance, if dividend type is added after the insurance name, it means that the insurance can pay dividends. If you choose cash dividends, then the company will often distribute money directly to the purchaser when it pays dividends.
Can the money from insurance dividends be withdrawn?
Yes, because the insured can choose cash when the insurance dividends are distributed, which means he or she will receive a sum of money directly, and the money can be withdrawn directly, because most of the money is directly transferred to the participant. It is in the bank card bound by the guarantor when purchasing insurance.
Relevant regulations on insurance dividends:
[1] The insurance company will decide the dividend distribution plan for the year based on the operating conditions of the participating insurance performance in the previous year;
[2] If the insured wants to participate in the dividends, it must be within the validity period of the contract. And pay all insurance premiums payable;
[3] When dividends are distributed, insured persons can often choose the dividend method according to their own needs, such as cash dividends, accumulated interest, accumulated interest and transferred to each insured;
[ 4] If the policyholder does not choose the method of receiving dividends, the insurance company will often default to the method of accumulating interest earned.
Only participating insurance can implement dividends, otherwise it cannot implement dividends. Dividends refer to insurance products in which the insurance company distributes its actual operating results to the policyholders in a certain proportion to the surplus if its operating results are better than the pricing assumptions. . A type of insurance in which policy holders can share the operating results of the insurance company. Policy holders are entitled to receive dividend distribution based on the operating results of the insurance company every year.
Participating insurance is often financial management in nature. Whether to buy participating insurance or not, everyone chooses according to their own needs. After all, whether it can pay dividends is not the only criterion for judging whether the insurance is good or bad. It is the only criterion for everyone to buy it. Follow the WeChat public account "Carp Academy" to learn more related knowledge
