The “Fixed Interest Wealth Management Sub-Account” provided by the US dollar life insurance market helps policyholders manage the market’svolatility risk,accomplishInsurance assetsSteady growth.

The Life Tank©️Combined with open market data, a comprehensive comparison of "fixed interest wealth management accounts" in the US dollar policy account market was conducted, and 3 companies that currently provide "highest fixed interest income" were selected.insurance company brandand correspondingInsurance Products.

What is a fixed interest account for life insurance?

In an asset-based life insurance account, the insurance company usually provides a "fixed-interest" sub-account, and the interest rate is regularly announced by the insurance company.

This sub-account is called the Fixed Interest Rates Account in English and the "Fixed Interest Rates Account" in Chinese.Fixed Interest Wealth Management Account. "

The operating principle of the "fixed interest wealth management account" of life insurance is similar to that of bank fixed deposits - the excess premiums enter the "fixed interest wealth management account", and after 1 year, the interest will be calculated according to the interest rate announced by the insurance company.

The biggest difference between the two is that one is a wealth management product opened with an insurance company, and the other is a wealth management product opened with a bank account.

Advantages of a Fixed Income Account for Life Insurance

Putting the premium funds into the "Fixed Interest Wealth Management Account" has two advantages.

• Help policyholders accumulate cash value and earn fixed interest income.
• Don't worry about losses from annual market declines.In addition, the vast majority of fixed-income accounts are guaranteed to give the policyholder a minimum annual return (eg. 1%~2%). Therefore, no matter how the external stock market or housing market falls, the account will not be affected by external influences and can still earn a Fixed interest for a given year.

Top 3 Fixed Interest Insurance Brand Rankings

🏆Winner of the Month: F&G Annuities & Life Insurance

Screenshot of F&G Annuity Life Insurance Official Website ©️F&G

Current rates as of: 10/04/2022

Does my policy account have a fixed income banking account?

After we apply to a life insurance financial advisor to open a life insurance account, the next step is to transfer the funds,In the name of "premium", it is deposited into the life insurance account.

traditionally used for wealth managementSavings Participating Insurance (English: WholeLife).Universal Insurance (English: UniversalLife)The insurance account is encapsulated as a whole, with no option available to the customer.

This type of insurance company announces a fixed rate of return on a savings insurance account once a year - what we often call"Annual Dividends", "Dividends".

developed in modernIndexed Universal Life.Securities Insurance (Variable Universal Life), which is different from how traditional insurance policies work.

After the insured opens such policy accounts, the insurance company will provide multiple financial sub-accounts, and the insured chooses to put the premium into one or more specific financial sub-accounts.

The vast majority of modern life insurance policies provide an annual fixed income financial account for policyholders to choose from.

you can send yourLife insurance broker,orLife Insurance Financial Advisorto find out the specific annual interest rate and usage of the policy account. (End of full text)

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