Universal insurance settlement or to lower interest rates

In less than two months, the central bank to cut interest rates three times, no doubt a new round of rate cut cycle has arrived. Many people may find that the drop in interest rates has kept, a number of insurance products, in particular, universal insurance products with the proceeds from one to three years of bank deposit interest rates compared to the more obvious advantages. But in fact, cut the risk of everything is mixed, in the short term is expected to universal insurance settlement of the interest rate may decline slightly.

The public display of information, from the beginning of August, part of the universal insurance billing rates have begun to decline for two consecutive months. And the continuous downward, with the 5-year time deposit interest rates, universal insurance billing rates competitive advantage has been narrowed significantly.

Over a year highlights the advantages of deposit receipts

The recent cut in a row, so that part of the insurance products to the fire of a nameless. Recently, a universal insurance companies selling insurance quite popular, "In the past, can only take a few single-day, to help customers get tired of the contract are to be soft."

"This rate cut and can not be separated from." There are insurance companies, said analysts, the current one-year bank deposit rate 3.6 percent, and currently they are powerful companies in the insurance rate of about 5.25 percent, and other insurance products that may not , But it is certainly higher than the bank.

It is understood that in 2007 the stock market to rely on high-yield, universal insurance settlement Pan interest rates into 2008, although the stock market suffered a rare bear market, but universal in the risk of earnings is still far higher than the 1-year savings deposit rate, part of the bank insurance The sales channels of universal insurance settlement in the interest rate of as high as 6%, attracted a large number of low-risk preferences of funds from bank savings to risk everything to move. Statistics show that 1 to June of this year, investment products accounted for life insurance premium income accounted for 79% more than last year, up 9 percentage points.

Universal insurance proceeds of short-term decline

However, the need to remind people that although universal insurance proceeds in relatively higher than that of one to three years of bank deposit interest rates is expected in the future, universal insurance settlement of the interest rate will not be larger decline, but in a more stable The track, but in the short term interest rates may have settled down slightly.

Universal risk insurance funds to invest in the main agreement on large deposits and bonds, the reduction in interest rates in the short term, the agreement will affect the large deposit interest rates, so that the deposit insurance agreement in respect of income declined. However, due to the universal risk insurance funds in the bond market investments accounted for a large percentage of the bank to cut interest rates for the bond market is a good, hot lead to the bond market, insurance companies owned by the hands of the bonds can be spread Or buy-back operation, and so on, so as to stabilize the whole community will benefit.

The public display of information, from the beginning of August, part of the universal insurance billing rates have been declining for two consecutive months. With the rate cut after the 5-year time deposit interest rate of 5.13 percent compared to the current, universal insurance billing rates competitive advantage has been narrowed significantly.

In addition, according to the trade, due to the risk of investment dividends in the direction of a very important part of that agreement with the bank's large deposits, the interest rate will be reduced to a certain extent, the impact of dividend income customers.

As for the traditional savings-type insurance, because there is a basic fixed interest rate of 2.5 percent, after last year's frequent interest rate increase after rate cut this year's net savings to the type of insurance is not affected.

Insiders pointed out that with the rate cut into the cycle, insurance products, financial management functions may be gradually weakened, pushing people to vote even last year, insurance companies, such as risk management or insurance status will change, insurance companies will be gradually main health insurance and so on, So that the insurance product will attach greater importance to the protection functions.