Surge in Management Regular Insurance After Short-Term Payment Ends…Attention to Arbitrage Opportunities
The craze for short-term payment whole life insurance has shifted to management regular insurance. Intense Competition Over Refund Rate at 5-Year Term With Commissions and Incentives, Refund Rates Can Reach Up to 125% Financial Supervisory Authority Conducts Comprehensive Investigation of Sales Contracts from January to July The craze for short-term payment whole life insurance has shifted to management regular insurance. Recently, life insurance companies have engaged in fierce competition by offering high refund rates and commissions, prompting financial regulators to take action. According to the life insurance industry on the 4th, the refund rate for management regular insurance (with fixed premiums, maturity at 90–95 years) at the 5-year mark is up to 95%. Among insurance companies with refund rates exceeding 95% are Hanwha, Kyobo, Shinhan, KB Life, Hana, and MetLife. DB Life and Mirae Asset Life have slightly exceeded 90%, while Samsung Life provides a refund rat...