Recently, a client wanted to pre-plan for her 15-year-old daughter. She is ready to invest a total of $100,000 (about 730,000 yuan), and hopes to start receiving a pension in 20 years, which will continue for life. Friends who are interested in Hong Kong insurance can take advantage of the visit to Hong Kong to find out.
While the need is clear, customers are hesitant among AIA, Manulife and Fortis. All three companies have excellent reputations, so what do you choose? Let's explore it together.
Manulife [Inheritance of Glory]
The client holds $100,000 in capital and expects to invest quickly with a short payment period. So, she chose to pay $20,000 a year for five years.
"Pay $20,000 a year for 5 years and be able to receive $18,300 a year."
Manulife's Grand Legacy Plan
Annuities are paid from the 20th year onwards, i.e. at the age of 35.
He can receive 18,300 US dollars per year, which is equivalent to about 133,000 yuan, and the average monthly income is 11,132 yuan.
By the age of 65, the total amount received has reached $549,000, which is equivalent to about 4 million RMB, and there is still $215,000 left in the policy.
When the age reaches 100, the cumulative amount received increases to 1,189,500 US dollars, which is equivalent to about 8.68 million yuan, while the policy still retains 1,648 US dollars, which is equivalent to about 12,000 yuan.
Manulife's Legacy Plan has the advantage of receiving a relatively large amount each year, even though the funds in the account are almost depleted when the holder reaches the age of 100.
AIA's Global Power Multi-Currency Plan 3
Pay $20,000 annually for five years, then receive $16,000 per year.
Let's take a look at AIA-Global Power Multi-Currency Plan 3, with a 5-year payment limit,
Since the beginning of the 20th year (that is, at the age of 35), he can receive 16,000 US dollars per year, which is equivalent to about 116,800 yuan, and an average of 9,733 yuan per month.
By the age of 65, the cumulative amount received reached $480,000, equivalent to about 3.5 million yuan, and there was still a value of $419,000 in the policy at this time.
At the age of 100, the cumulative amount received grew to $1.04 million, which is equivalent to about 7.59 million yuan, and there was still $3.158 million in the policy, roughly worth 23.05 million yuan.
Although AIA's [Enriche 3] receives a slightly lower amount of money per year than Manulife, the amount of funds remaining in its account is quite large. Until the age of 100, he still had a balance of $3.15 million in his account, which can be passed on to future generations.
Futong's [Ingenuity and Inheritance Classic Edition]
Pay $20,000 per year for 5 consecutive years, and receive $17,000 per year thereafter.
Next, let's check the status of Fortis - Ingenuity Legacy Premium Edition during the 5-year payment period.
Since the 20th year (that is, at the age of 35), he can receive 17,000 US dollars per year, which is equivalent to about 124,400 yuan, and the average monthly income is 10,369 yuan.
By the age of 65, the cumulative amount received has reached 510,000 US dollars, which is equivalent to about 3.72 million yuan, and there is still a value of 220,000 US dollars left in the policy.
Until the age of 100, a total of 1.105 million US dollars were received, which is equivalent to about 8.06 million yuan, and the value of the policy at this time was still 68,000 US dollars, which is equivalent to about 502,000 yuan.
Fortis' Ingenuity Legacy Premium Edition is between Manulife and AIA, and when you reach the age of 100, you still have $500,000 in your account that can continue to enjoy compound interest and pass on this wealth to future generations.
How should the products of these three companies be selected?
We've just looked at the product collection status of these three companies, what kind of choice will you make?
Manulife's [Macro Inheritance] is the highest, which can reach 133,500 yuan per year; However, the residual value in the policy is the lowest among the three, and by the age of 100, only about 10,000 yuan remains.
Fortis' "Ingenuity and Inheritance" plan is in second place in terms of annual payment amount, with an annual payment of 124,400 RMB. However, the remaining surrender value of its policy exceeded that of Manulife, and it was estimated that by the age of 100, it was still about 500,000 RMB.
Although AIA's [Global Power Multi 3] plan has the smallest annual payout amount of only RMB116,800, the surrender benefit in its policy is the highest, and by the age of 100, it can still have about US$3.15 million, equivalent to about RMB 22 million.
In general
All three products have their own characteristics and are suitable for people with different needs. If you want to enjoy your wealth while you are alive, pursue your personal hobbies and quality of life, and not pay too much attention to inheritance, then you can choose Manulife's "Legacy Maximum" plan.
If you want to leave a significant legacy for future generations without reducing the amount you receive in the future, Fortis' "Ingenuity & Inheritance" program is the ideal choice, which provides a monthly income of 10,000 yuan and an inheritance of 500,000 yuan.
AIA's Imperial Power 3 maximizes the residual value of the policy by reducing the amount received, which is more suitable for those who want future generations to have an edge at the beginning of life.
When choosing a specific product, you also need to choose a policy plan that suits you according to your actual situation and needs, do not blindly follow the trend, comprehensively consider the details of the product, and choose a policy plan that suits you. Professional planning, keep the wealth, and share the fruits of wealth with your family!
If you have any questions about product selection, Hong Kong insurance application, account opening and payment, or insurance claims, you are welcome to add green bubbles HDO1045 for consultation.
We have a professional team to communicate with you in detail, and can tailor an insurance plan for you, assist you in completing the insurance payment process, and help you better manage your policy.
Source----- Official Account----- Milky Tom Yum Gong Soup