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Author: Xie Deqin
2020-06-22 15:00
Last update date: 2020-06-22 15:00Recently, the economic situation has been constantly changing. To allow yourself and your family to live a prosperous life, you must naturally save early and use different investment tools to achieve your goals. Take Phillip, a 35-year-old as an example, as the economic pillar of a three-person family, he hopes to have cash flow every year to enjoy his life, but also wants to withdraw a sum of money when necessary, and can even pass on his wealth to his family when he is old. He found that the "Century Heritage Protection Plan" recently launched by insurance companies may be the most suitable for him.
Guaranteed cash reserves for up to 100 years
Phillip, who is in his prime of life, has different hobbies, likes cars, and loves to travel. However, as a father, he has to take care of his daughter's needs. Therefore, long-term wealth appreciation is especially important for him. If the "Century Heritage Protection Plan" (Centennial Edition) is selected, as long as the policy remains in force, a guaranteed cash reserve equal to 5% of the nominal amount will be distributed every year from the first policy anniversary for a full 100 years. Phillip can choose to withdraw or accumulate interest every year. During the period, he can change the insured and policyholders as needed, so that his family can continue to withdraw or accumulate guaranteed cash reserves.
Wealth inherited to future generations
In the "Century Heritage Protection Plan", there is the word "inheritance". Another feature of the plan is that the policyholder can pass on the property to future generations. The policyholder can change the insured person to a family member or the next generation while the policy is in force. For example, Phillip can change the insured person and the policyholder to their own daughter in a certain year, and his daughter can inherit wealth in the future. By his grandchildren, he passed on from generation to generation.
Flexible locking of terminal dividends
A savings life insurance plan not only helps you save money, it is of course more attractive if you can further obtain liquidity when you need it. The third benefit of the Century Inheritance Protection Plan is that if the policyholder needs additional funds or wants to make additional capital flows during the period when the policy takes effect, the plan’s “terminal dividend lock-in equity” will allow policyholders to participate in the policy Beginning on the 15th anniversary of the policy, cash is withdrawn annually by locking in some non-guaranteed terminal dividends for flexible use without surrender. Policyholders can lock in the final dividend multiple times, but pay attention to the total percentage of cumulative lockups in any 15 consecutive policy years, which cannot exceed 50%. If Phillip wants her daughter to continue studying abroad in the future, she may consider locking up the policy and withdrawing up to 50% of the final dividend to pay for her tuition. If he intends to continue to have income after retirement, he can evenly distribute the 50% lock-in limit for 15 years, and lock and withdraw 3.3% of the final dividend every year to create additional capital flow for himself to meet the retirement expenses. The actual amount will vary depending on the final dividend balance at the time.
Insured with discount
With sufficient cash reserves, you can live a life of peace and comfort; after a certain age, there will be wealth accumulation, which can be passed on to the next generation. Now until June 29th, if you apply for the "Century Heritage Protection Plan", you can enjoy up to 15% discount on premiums. Want to know more? Please click the following link to start a savings plan for yourself and your family early!
Learn more about the plan details including its risk disclosure: https://bit.ly/2U9JWyA
*Information and videos provided by customers
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