How many years does commercial endowment insurance pay?

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There are two payment methods for commercial endowment insurance. One is that the insurance period is lifelong, although it is lifelong, but the general termination age of most clauses is 88 years old or 100 years old. In the latter case, the longer the life span of the insured, the more cost-effective, and the earlier you start to receive the pension, the better. At the same time, considering the inflation factor, it is better to start receiving pensions early. Commercial endowment insurance product information

The other is a guaranteed pension, such as 10 years or 20 years. Under such an insurance clause, the age at which you start to receive it will not have much impact on the actual total amount received. Guaranteed pensions generally promise "family continuity". If the insured fails to receive the guarantee period 10 or 20 years, the beneficiary can continue to receive the balance within the guarantee period.

In addition, it should be reminded that for urban customers with social security, it is best to follow the general principle of "connecting with retirement age", match the terms of the collection period and make appropriate adjustments. Generally speaking, men are 60 years old and women are 55 years old, so they will receive pensions immediately after retirement, and their living standards will not fluctuate greatly.

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