[Reporter Korea gimmingyeong financial newspaper - Hanwha Life recently released a "hybrid Hanwha Life variable annuity insurance, variable annuity and insurance industry equipped with the first rate-linked pension products, plus a special agreement on the stability of profitability.
"Hanwha hybrid variable annuity life insurance" is the most effective product in the pension only to raise funds and take advantage of the benefits of variable interest rate linked as a hybrid vehicle is equipped to maximize the fuel efficiency of gasoline engines and electric motors.
In addition to that you can subscribe to two types of goods can be transferred to the pension reserve riders between the prime contractor and variable interest rate linked to interest rates four times a year and it is possible to adjust the portfolio according to the market situation. The riser interest rates increase the proportion of riders to have previous interest rate-linked reserves of the prime contractor, the stock market boom may be seeking to strengthen the profitability of the variable portion of the host contract.
The host contract is divided into a variable annuity pension second period for receiving a stable pension annuity with a first period and disclosures Smart Up interest rate paid funds. Smart Up pension before launch variable annuity, the interest rate-linked pension can be selected or mixed pension can adjust your portfolio for retirement income. If the customer wants to pursue aggressive revenue can be received all around the annuity start earning revenue as a variable, customers want a reliable pension can be received as interest rate-linked pension. Customers want both stability and profitability is by selecting a hybrid.
"Hanwha Life annuity hybrid 'is mounted to the pension guarantee and Step Up function during the first industry's first variable annuity period, but were maximum reliability. Features that guarantee a minimum pension guarantee is 20 years, regardless of the return on investment for the first pension amount after the commencement of the pension. Step Up is the first pension investment rises by 5% and 105% of the original pension at 10 percent, is the ability to pay a minimum guarantee it 110%.
For example it yieoteuna initial pension is $ 10,000, a 11 million won 110% of the initial amount of the pension is paid for the guarantee period since if the first pension annuity with investment rising second year would be raised to 11.5 million won.
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