Those who are concerned about savings, saving money, and financial management, especially those who are concerned about savings insurance, all know that increased whole life insurance is a big hit recently!
People with sufficient budgets choose short-term payment, such as one-time payment, three-year payment, five-year payment, etc.
There are also some people who like and approve of incremental whole life insurance very much, but have limited budgets, or are moonlighters, so the annual payment method is a bit stressful. Then Sister Mei suggested that you might as well consider the monthly payment method to reduce the pressure of payment and at the same time forcefully save a sum of money for yourself! And you can also lock in a compound interest rate of 3.5% for life, turning small money into big money!
Sister Mei has compiled several incremental whole life insurance policies that can be paid monthly. Let’s take a look at them together!
Product Analysis:
Patron Saint of Love 2.0
Features: Supports monthly payment, aviation accident superimposed compensation, policyholder exemption, reduced payment, annuity conversion right, relatively high cash value, fast return on capital, and is one of the excellent products!
Love Azalea
Features: supports monthly payment, policy holder exemption, reduced payment, fast return of capital, cash value close to Patron Saint 2.0, it is also a relatively good product, the most important thing is that it can be associated with [Universal Account] , you can apply for insurance for 10 yuan, and there is no limit on additional premiums at a later stage! Compound interest as low as 3% can be locked in.
Fosun Prudential Xingruijia
Features: supports monthly payment, can be connected to high-end senior care communities, supports additional insurance in the later stage, reduced payment, and annuity conversion rights. The biggest feature is that the monthly premium is the only incremental whole life insurance that can be connected to a retirement community!
Tongfang Chuanshi Zunxiang
Features: It supports monthly payment. It is the fastest return on investment among these products and has the best service! There are fewer other additional functions, so the overall feeling is just average!
Zhongying Xinxiangshicheng
Features: supports monthly payment, aviation accident superimposed compensation, insurance can be reduced later, annuity conversion right, cash value is average, the payback time is a bit long, the service is not bad!
Zhongyi Sustainability I Love Premium Edition
Features: Supports monthly payment, policyholder exemption, annuity conversion right, average cash value, fortunately, it can be linked to [Universal Account], and there is no upper limit for additional premiums in the Universal Account!
Summary:
If you are interested in a universal account, it is recommended to consider the love azalea and the favorite sustainable I love exclusive version. Of these two products, the former is slightly better;
If you are interested in a retirement community, you can consider Fosun Prudential Xingruijia;
Increased whole life insurance can lock in long-term income that is as long as your life in the future, and the interest rate remains unchanged for life. of. It is a very good financial tool whether it is used as education funds for children, marriage funds, entrepreneurial funds, or to supplement your own pension, or for wealth inheritance and marital asset isolation in the future! At the same time, it can resist some inflation and can also be used to force savings!
Of course there are so many products on the market, there is no best, only the one that suits you is the best! Which one is suitable for you?
welcomes to leave a message or send a private message to Sister Mei. Based on your city, financial situation, health status, family structure, etc., we will help you tailor the most cost-effective solution! Help you choose the right product and avoid pitfalls, so you don’t waste money!
This article was first published on the public account [Mei Jie’s protection visit]
Author: Mei Jie
