What pitfalls should whole life insurance beware of?

Rui Tai Rui Xiang Fu Ying whole life insurance is very popular on the Internet. I heard that the cost performance ratio is very high, and many friends are asking, is it really so cost-effective for Rui Tairui to make whole life insurance happy? Is it really worth buying?

If you don't know much about whole life insurance, it's ok to read this article:

"Who can manage money in whole life insurance, and who can preserve capital and increase value?" ? Is it worth starting with? 》

Ruitai Life's Ruixiang Fuying whole life insurance is actually an incremental product of whole life insurance, and its insurance coverage will increase in an orderly and cyclical manner at the rate of 3.8% per year. Let's do a detailed evaluation for everyone!

1. How about Rui Terry enjoying happiness and whole life insurance?

Not much to say, I will take you directly to see the content map of Ruixiang Fuying whole life insurance Security:

As can be seen from the figure, whole life insurance's protection for Ruixiang Fu Ying is relatively simple, with only death or total disability insurance. According to whether the age is over 18, two different compensation rules are provided.

For those who have reached the age of 18, if they die or are completely disabled after the payment period expires, they can compensate the greater of the three according to the effective insurance amount, cash value and paid premium * payment ratio, and the payment ratio of different age groups is different, basically between 100%- 160%.

Let's take a look at the advantages of Rui Terry's happy whole life insurance:

1. Wide insurance age

Rui Terry enjoys the welfare of whole life insurance, and anyone between 30 days and 70 years old can take out insurance. Compared with similar products that can only support 65 years old, this product can be said to have a very wide insurance age and more people can be insured.

2. Flexible payment period

Rui Terry enjoys the welfare in whole life insurance with multiple payment cycles. There are seven options, including wholesale payment and 3/5/ 10/ 15/20/30 payment. You can choose according to your actual requirements.

If your financial conditions are better, you can choose a shorter payment period, after all, you can pay the premium earlier. And if your financial conditions are really average, you should choose a slightly longer payment period, so that the annual premium will be less.

The proportion of insurance coverage is getting higher and higher.

The increasing proportion of insurance coverage set by Rui Tairui is 3.8% in whole life insurance, which is considered as a high level in the whole market. Starting from the second policy year, the insured amount will increase by 3.8% year by year. In fact, as long as you live long, the insurance coverage will be more.

Step 4 subtract the exemption clause

Rui Tai Rui Xiang Fu Ying whole life insurance has set up three exemption clauses. Compared with some products with seven exemption clauses, it has fewer exemption clauses. Exemption is granted only if the insured intentionally kills/injures the insured, the insured commits suicide within two years, intentionally commits a crime or resists criminal compulsory measures taken according to law.

So is there a pit in this product? Is it worth buying? Senior sister reveals the secret for you. Ruitairui enjoys happiness. whole life insurance lets you buy the right insurance without stepping on the pit:

Want to buy ruitai Life Insurance, Ruixiang Fu Ying and whole life insurance 202 1? Pay attention to these details first! 》

2. Who is suitable to buy Ruixiang Fu Ying whole life insurance?

Whole life insurance is a lifetime guarantee, and the amount of insurance will increase day by day. Therefore, its premium is relatively expensive, which is very suitable for some people with big budgets.

At the same time, if there is a need to inherit wealth, it is also very appropriate to buy whole life insurance, so that in the case of the unfortunate death of the insured, the family can normally receive the agreed insurance money as compensation.

Crucially, Ruixiang Fu Ying whole life insurance also has a certain financial nature, and its cash value growth rate is actually quite good. You can withdraw part of the cash value through the policy loan. Even if you surrender later, you can get good returns. Therefore, it is very suitable for some people with financial needs to start in whole life insurance.

On the whole, Ruitairui has high cost performance and comprehensive guarantee, and the proportion of increasing insurance coverage in whole life insurance is relatively high, which is worth starting with.

However, this Rui Tai Rui Xiang Fu Ying whole life insurance was removed from the shelves on August 3, 20221day, so friends may not be able to buy this product.

Therefore, in addition to the cost-effective Rui Tairui enjoying the happiness in whole life insurance, here is an increased list of whole life insurance, which is full of products worth buying. Friends in need can refer to:

"Just out of the oven! Five High-yield and Profit Increasing whole life insurance, don't miss it! 》

Write it at the end

I am an expert in insurance, focusing on objective, professional and neutral insurance evaluation;

If the above content has not solved your problem, you can also come to the official account of WeChat to learn to bully and say that insurance consulting me;

I give you the most professional advice based on many years of experience in configuring insurance for 10W+ families.

WeChat official account: Xueba said that insurance costs less, buy the right insurance!