Savings Insurance Returns
Savings Insurance Returns
Many people may be misunderstood about the return of savings insurance. It is said to give a 100% return, in fact, the return on savings insurance is almost the same as the fixed deposit rate.
🔹 Calculation of returns
Calculated from the initial life insurance capital as a % using IRR (Internal Rate of Return) that can be compared to the rate of return on other investment assets.
What is IRR?
IRR is a method of calculating returns based on the time value of money. by bringing the amount paid out before will be worth more than the amount paid later This way, the rate of return of the savings insurance will be obtained. that can be compared to the rate of return on other investment assets
Savings insurance that is advertised as Get a return of 100% when calculating with IRR will see the real number that The real return is only 1-3%.
If you want to try to calculate the return on assets, you can search for IRR Calculator on Google.
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