China Life Fulutang Pension Annuity Insurance pays 6000 yuan per year, 10 year, totaling 60,000 yuan. After 20 years, how much will you receive each year?

Insurance income is generally around 3%, and there will be an annuity value table behind the specific income insurance contract, which is specifically introduced.

There are many annuity insurance products, so you need to have a basic understanding of annuity insurance before buying. Know how to judge the quality of annuity insurance, rather than buying it blindly on impulse. Mint Insurance has screened out 8 annuity insurance products with very good returns for your reference, comparison and choice. Which is better for high-yield annuity? 8 high-yield annuity insurance recommendation!

Insurance coverage content

1. If the insured survives, our company will pay the pension on the effective date of this contract every year or every month from the date when the pension agreed in the contract begins to be collected. The type of contract pension annuity is selected by the insured at the time of insurance. Once the type of pension annuity is determined, it shall not be changed during the period of contract insurance. The types of pension annuity that the insured can choose include:

1. Balanced annuity. The Company shall pay the pension annuity according to the amount stipulated in the insurance contract until the agreed collection period expires, and this contract is terminated.

2. Incremental annuity. The pension annuity paid by the company in the first year shall be determined according to the amount specified in the insurance contract. From the next policy year, the annuity payment standard of each policy year will be increased by 5% of the payment standard of the first year on the basis of the payment standard of the previous policy year until the agreed payment period expires, and this contract will be terminated.

2. If the insured dies of illness before the pension annuity stipulated in the contract begins to be collected, the Company will pay the sickness death insurance premium according to the greater of the paid insurance premium (excluding interest) and the cash value, and the contract will be terminated; If the insured dies of accidental injury before the pension annuity stipulated in this contract begins to be collected, the Company will pay the accidental injury death insurance premium according to the greater of 200% of the premium paid (excluding interest) and the cash value, and this contract will be terminated.

If the insured dies within the pension annuity collection period agreed in this contract, the company will pay the death insurance money in one lump sum according to the amount of pension annuity not collected during the agreed collection period, and this contract will be terminated.

Mint Insurance is a third-party insurance consulting platform, which can not only customize the appropriate insurance scheme for users, but also provide one-on-one full-service before and after insurance.