mortgage property right of disposal

June 24th news: CIRC guidance released 23 says, Cheap Kings Hats July 1st, the next two years, Beijing, Shanghai, Guangzhou, Wuhan Cheap New Jersey Devils Hats will officially launch the elderly housing reverse mortgage endowment insurance pilot, which means "house-for-pension scheme" commercial insurance launched.

reverse mortgage endowment insurance is a kind of "innovative housing mortgage" and "lifelong pension annuity insurance" is the combination of endowment insurance, which has full ownership of the old house, the mortgage insurance companies, continue to have housing possession, use, benefits and the right to dispose of the mortgagee and unified, and 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.

Cheap Maple Leafs Hats according to the CIRC provisions, insurance groups should be for more than 60 years of age have completely independent property rights of the elderly housing. At the same time, according to whether the insurance company participate in the real estate value-added income consists of participation type products, non participatory products.

CIRC will "first principles of justice and trustworthiness" as a pilot, for example, require the insurance business for over 5 years, the registered capital of not less than 2000000000 yuan; for when the pilot last year at the end and at the end of the latest quarter solvency adequacy ratio of not less than 120%; the individual insurance company develop pilot business, accept the valuation mortgage property totals are specified.

guidance is provided from the perspective of "products such as the elderly, the terms are simple, Cheap Oilers Hats feasible business Cheap Lightning Hats process specification, so that people can understand and accept insurance", "customer hesitate period shall not be shorter than 30 natural day" etc..

addition, the guidelines encourage insurance companies to "innovation, perfection and reverse mortgage endowment service chain endowment insurance related, such as the different ages and demand of customers, health management, medical insurance, financial services".

CIRC insurance supervision department director personal yuan order said, at present, our country is lack of effective means of social assets into the endowment of resources. To carry out the pilot, invigorated the elderly property, is actively exploring personal economic resource allocation, to broaden the pension funds, improve security level in the aged.

"pilot city selection mainly consider the real estate market capacity larger, aging faster and other reasons, the insurance is a new thing, still need to continuously explore, summarize and perfect, from the foreign experience, it is a relatively small insurance." The order said.

focus on three main questions about the

house-for-pension scheme how to "keep"

"insurance" version of house-for-pension scheme to provide not only the pension insurance, the insurance company may also provide the physical endowment service for the people. The China Insurance Regulatory Commission issued guidance specifically to encourage "according to different ages and the demand of customers, health management, medical insurance, financial services".

"house-for-pension scheme" has "three high" feature, >