Fubon Hyundai Life, Launches 'Max Whole Life Insurance Seven High Pick'

[Financial News] Fubon Hyundai Life announced on the 27th that it has launched 'Max Whole Life Insurance Seven High Pick', which offers death benefits and customized risk management according to the life cycle.
The product is characterized by its ability to flexibly utilize death benefits and pension conversion (post-conversion partial withdrawal, additional payment) according to the customer's life cycle. In particular, it allows for the preparation of large protection assets through increased death benefits.
From the 5th anniversary of the contract date, the death benefit amount increases by 20% annually for 20 years, allowing for a maximum coverage of up to 500%.
Max Whole Life Insurance Seven High Pick has a surrender value rate of 100% or more after 7 years, and the surrender value can also be utilized as a pension through pension conversion.
During the insurance period (deferred period) before the pension starts, additional payments and partial withdrawals are possible. The coverage period is lifelong.
The premium payment period is 20 years, and the age of entry for general enrollment is from 15 to 61 years old for males.
If there is concern about medical history, simplified enrollment is possible. For simplified enrollment, the premium payment period is the same at 20 years, and the age of entry for males is from 30 to 66 years old.
A representative from Fubon Hyundai Life said, "We will continue to think from the customer's perspective and develop products that are necessary for customers, considering their life cycle."

coddy@fnnews.com Yebyeongjeong Reporter