Guangzhou

newspaper in Beijing Cheap fitted Hats on 23 June, (reporter Li Songtao) since July 1st, our country will in some pilot city house-for-pension scheme of insurance business. The China Insurance Regulatory Commission today issued guidance, Beijing, Shanghai, Guangzhou, Wuhan city will carry out a cheap nfl hats pilot house-for-pension scheme.

in accordance with the "China CIRC regarding the development of guidance" elderly housing reverse mortgage endowment insurance pilot, will carry out the elderly housing reverse mortgage endowment insurance. This kind of business, society generally referred to as house-for-pension scheme insurance.

insurance group is defined as more than 60 years of age have completely independent property rights of the elderly housing. The pilot from July 1, 2014 to June 30, 2016. Have a house full property rights cheap wholesale jerseys of the elderly, the mortgage insurance companies, in accordance with the agreed conditions pension until die, old people die, insurance companies, mortgage property right of disposal, disposal income will be a priority for payment of endowment insurance cost.

has opened over 5 years, not less than 2000000000 yuan of registered capital, last year and at the end of the latest quarter solvency adequacy ratio of not less than 120% conditions of the insurance company may apply for the pilot.

in accordance with the guidance, the pilot products Cheap hockey Jerseys into Participatory reverse mortgage endowment insurance product and non participatory reverse mortgage endowment insurance products. Participate in product refers to an insurance company can participate in the real estate value-added income, non participatory products refers to the insurance company does not participate in the real estate value-added benefits, the collateral property value growth all belong to the insured.

in the design, insurance companies are required to specify the starting time and the length of period of hesitation in the insurance contract, the customer hesitation period right to terminate the contract, and the customer may suffer losses in the period of hesitation, the hesitation period shall not be shorter than 30 days.

insurance company shall disclose the reverse mortgage endowment insurance cheap jerseys related information to customer, including but not limited to the amount of the obtaining, surrender year redemption value. To participate in the product customer, shall also disclose the property assessment value of property assessment information and the effect of changes on the annuity amount to.

according to the CIRC endowment insurance personal insurance supervision department director Yao Yu introduced, chose Beijing, Shanghai, Guangzhou and Wuhan 4 city to do the pilot, Beijing, Shanghai, Guangzhou, is due to be first-tier cities, developed many elderly people, the real estate market, while Wuhan has two insurance companies to invest in the pension community.

Yao Yu said, will soon begin pilot house-for-pension scheme of insurance products, is the reverse mortgage plus a lifelong pension products, this product will be borne by the insurance company longevity risk and the risk of falling home prices.

in other words, if house prices fall, the insurance company can not recover to the elderly and their families; prices rise, the insurance company is not exclusive value-added real estate income. To choose such a product of older people in the die, the family can pay for pension and insurance companies to pay the interest to redeem the property, the elderly can always in the course of selecting the products >