Insurance reserved interest rate adjustment "countdown" some products have been newly launched

According to the linkage and dynamic adjustment mechanism between the predetermined interest rates of life insurance products and market interest rates, the predetermined interest rates of life insurance products will be lowered starting in September. Journalists have learned that insurance companies are accelerating product transitions, with some products already being discontinued, and some companies choosing to stop selling old products on August 31. While discontinuing old products, some insurance companies have already launched new products. Industry insiders indicate that the reduction in predetermined interest rates may affect the prices of insurance products. For consumers, it is advisable to purchase insurance products reasonably based on their own risk tolerance, financial planning, and protection needs. According to announcements from some insurance companies, on September 1, the maximum predetermined interest rate for ordinary insurance products will be lowered from 2.5% to 2.0%, the maximum predetermined interest rate for participating insurance products will be lowered from 2.0% to 1.75%, and the maximum guaranteed interest rate for universal insurance products will be lowered from 1.5% to 1.0%