Update: 31 October, 2023
The Bohai Life Fuluyongyi B-type annuity insurance (universal type) is a lifelong life insurance product. The product has two insurance responsibilities: death insurance and survival annuity. The death insurance amount is equal to the policy account value at the time of death of the insured. From the first policy anniversary (including) when the insured person reaches 65 years of age, to the death of the insured person, on each policy anniversary if the insured person survives, the company will pay an annuity of 8% of the policy account value at the time of application to the annuity beneficiary. The policy account value will be reduced accordingly.
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Publication date: 31 October, 2023
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PDF Link: Bohai Life Fuluyongyi B-type annuity insurance (universal type) PDF