What about the wisdom star of Ping An Insurance?

Wisdom Star is a relatively comprehensive product, which can guarantee financial management, provide for the aged and have flexible access. But it is also because everything is available, so everything is relatively low, and the guarantee is lower than that of pure guarantee products. The expected annualized income can't keep up with the wealth management type, and the later guarantee cost is very high. Of course, different products are suitable for different families.

(1) Ping An Insurance Smart Star Advantages:

1, education reserve, flexible collection

A good education is a booster for children's bright future. Ping An Wisdom Star can help to establish an education fund plan with safe, stable and value-added funds and independent decision on the time and amount of collection.

2. Flexible collection, which can meet the expenses of education, entrepreneurship and marriage leave.

You can flexibly collect the value of the policy account according to your own needs, which can be used as an education fund or for starting a business and getting married. The policy account bears interest on a daily basis and is settled on a monthly basis. After the settlement, the expected annualized interest rate is 1.75%, the funds are safe and worry-free, and the wealth grows steadily.

3. The scope of multiple guarantees is wide, and the guarantee amount is adjusted independently.

Covering multiple guarantees such as death, serious illness and accidents, there are as many as 45 major diseases, and the protection of death and serious illness can be flexibly adjusted according to the risks at different stages of life.

4. In case of an insured accident as agreed in the contract, the insurance premium shall be exempted.

If the insured and the insured have an insurance accident agreed in the contract, they can be exempted from paying the remaining installments during the exemption insurance period, which not only protects the personal risk of children, but also protects the ability of adults to pay.

(2) The shortcomings of Ping An Insurance Smart Star:

1. It seems that the protection is comprehensive, but in fact the protection is worrying. Not to mention that the life-long critical illness insurance coverage is too low, it is unreasonable to add one-time life insurance as an additional insurance to children's insurance, because life insurance is added for the economic pillar of a family, and adding life insurance to children is just gilding the lily; You know, if you want to treat a serious illness, the average cost is 300,000. Assuming that the coverage of the Smart Star additional insurance is used, it is far from enough.

2. Mild diseases are not protected. Everyone should understand that a minor illness is relative to a serious illness. If there is no cure for mild illness, it is likely to develop into a serious illness. If a critical illness insurance has comprehensive protection for minor illness, consumers will take this claim to completely cure the disease, and the probability of suffering from serious illness will definitely decline. That's why I would suggest that serious illness insurance products with mild symptoms should be considered first. At present, many affordable serious illness insurance on the market provide mild illness protection, but Wisdom Star does not add mild illness, which is undoubtedly a minefield.

3. The dividend yield is low. Take the premium of 7,000 yuan as an example, calculate the guarantee income in the first year, then deduct the initial cost and guarantee cost in the first year, and then multiply the last sum by the guarantee interest rate of Wisdom Star: (7000-3500-1467) *1.75% = 35.58, then this price is what everyone got in the first year. If this part of the money is used to manage money, parents who save money in advance for their children's future education, marriage and pension may have to wake up.

I can understand that parents want to buy the best insurance products for their children. Products that can guarantee and manage money are really attractive, but what I want to say is that even a universal insurance is difficult to achieve the best of both worlds. Even a universal insurance has some places that he can't take care of; It is still the right choice to suggest that parents complete the basic guarantee first and then purchase annuity insurance;