[Sponsored Report] Mirae Asset Life Insurance rethinks pensions
The product has initiated minimum pension guarantees based on clients who prefer safety, and it is bound to offer a reasonable pension until death.
Along with the experience of Mirae Asset Life Insurance’s top yields in the market, it will lift the burden off of clients to prepare for a happy retirement.
A consumer panel survey conducted by Mirae Asset Life Insurance in May showed that 78 percent of participants preferred a guaranteed variable pension over pension plans that are not guaranteed.
Upon choosing a minimum pension guarantee, the client receives a higher pension when the economy is stable, and even if it is not, they are guaranteed a pension with an annual 1 percent compound interest rate.
Even if the fund yield rate is at its lowest, clients are guaranteed with a minimum price and can expect additional income.
Another feature is that clients are able to receive more pensions during a shorter period of time if they select the 90-year-old early concentration product.
From when clients receive their pension until they turn 90 years old, it is constructed as an early concentrated form for clients to utilize their money more flexibly.
For the variable pensions, one of the most important things to consider is the ability of the insurance firms to show a great performance.
Mirae Asset Life Insurance has a global diversification portfolio policy of investing 65 percent of the total variable insurance into foreign assets to provide a stable yield for customers in the long term.
Once clients select the MVP fund, professional investors will automatically diversify the investments in both domestic and international assets.
The product is very flexible in that it has reduced diverse commission fees.
Clients can pay additional insurance fees, withdraw money four times a year, and change the funds 12 times a month, free of charge.
“Our new variable pension insurance utilizes a globally diversified portfolio to avoid risks and enhance performance rates to return it back to our clients. It would be a great opportunity to try the long-term investment for a better retirement plan,” said an official from Mirae Asset Life Insurance.