Reading order: Dividend insurance illustration rate and guaranteed benefits

Understanding the Benefit Structure of Participating Insurance

When evaluating participating insurance products, we recommend focusing first on the guaranteed benefits specified in the contract. This amount represents the minimum payout the insurer commits to provide under all circumstances, forming the foundation of the policy's value with legally binding certainty.

The illustrated interest rate is a non-guaranteed benefit that is significantly influenced by the insurer's actual operating performance. Past high illustration levels do not guarantee future returns of the same magnitude. Investors should fully understand the uncertainty involved and avoid treating projections as commitments.

• Verify the exact amount and payment conditions of guaranteed benefits first.
• View assumptions and ranges for the projected interest rate
• Assess liquidity in conjunction with long-term holding plans.