What is a good annuity insurance now

Many people want to know if the annuity insurance they picked is good or not, a list will tell you the answer:

Generally first understand the type of insurance to judge how the product is, a lot of people have not been able to understand the annuity insurance, want to make a generous contribution to the annuity insurance, so there is a possibility of buying the wrong one.

Here are three points to analyze the annuity insurance:

(1) What is annuity insurance?

Annuity insurance need to pay a certain premium to the insurance company, to the agreed number of years, you can receive money from the insurance company, annuity insurance in the education and pension more people pay attention to.

Education gold is to prepare for the child's education, marriage, is considered a kind of financial management, but very few education gold yield will be high, can not play a role, in order to solve the problem of education gold, I compare and analyze these 8 education gold: 10 insurance companies hot children's critical illness insurance inventory

Pension, also known as retirement pension, the agreed upon number of years, you can receive each period from the insurance company Pension, so that the old man's retirement life is guaranteed.

(2) Types of Annuity Insurance

Annuity insurance is categorized into traditional annuities, participating annuities, universal annuities and investment-linked insurance.

(3) How to choose annuity insurance

First of all, understand the pit-proof strategy:

Secondly, the following points must be looked at:

1. Look at the internal rate of return (IRR)

First of all, look at the rate of return of the annuity insurance, one of the easiest and most brutal way: List the premiums that will be paid each year and the amount of annuity that can be received in the future, combined to form a long-term cash flow. According to the formula you can calculate the IRR (real rate of return).

2. Look at the cash value

Annuity insurance has a very different income trend, some cash value does not need a few years to return to the capital; some cash value is very slow to return to the capital, but the annuity is more suitable for retirement.

If you are worried about the future need for capital turnover, may choose to surrender the policy is recommended to choose the cash value of the annuity insurance to return to the capital faster. If you just have the need for retirement, choose a product that has a slow return on capital in the early stages and more annuities to collect is better.

3. Look at the predetermined interest rate

Yield how can not not look at the predetermined interest rate. Otherwise unchanged, the higher the predetermined interest rate, the higher the annuity yield, now the CBI began to stipulate that the predetermined interest rate shall not exceed 3.5%, which is the ceiling value, the specific how much need to be calculated.