[Korea financial newspaper gimmingyeong News] Shinhan Life Insurance after a certain time to meet the customer's lifecycle guarantee assets being doubled retired 'that can get prepaid the death benefit to the life fund used as a retirement living Shinhan good living Plus life insurance 'to announced recently.
This product can have a structure in which the death benefit guarantee delays to increase substantially the value, death benefit and the time is from May to around 10 years at 10% of the seminal jam insurance amount per year. For example, if a 40-year-old man to join a death benefit 50 million won, 45 years from the time of the death benefit and death benefit jams each year five million won to 100 million won has increased by 100% after 55 years.
"Plus the cost of living Shinhan good life insurance" will pay the funds from the customer lives within a 10 to 90 percent of the death benefit from the jam after the selected retirement. The death benefit is available with balanced allocation of assets death and retirement assets according to the customer's life cycle because the reduction in proportion to the duration and application rates. Life Funds from 45 years to 90 years, can apply for payment period from five years up to 100 years old.
In addition, has developed into a low-refundable cancellation reflects the churn rate to calculate premiums in order to reduce the burden of premium customers. This is like when jimyeo cancellation refunds paid during the period but less than traditional whole life insurance Standard form of payment period ends, hwangeupryul has the advantage of increasing up to 30%.
In addition, the main guarantee increases to configure (cancer, stroke, acute myocardial infarction, five disease diagnosis, LTC annuity guarantees) riders in the 100-year-old non-renewed maturities type insurance burden is to eliminate old age security was strengthened.
Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com
