How many years can Life Life Red C last?

See if there is anything you want to know, but I don't understand: This newspaper (Wang Jiao reporter Liu Hua Photography Xie Minggang) broke the inherent mode of cash dividend of traditional bancassurance products. Recently, Sino-Life launched the products "Life Red" and "Dividend Type C" in Chengdu, which innovated the dividend mode of traditional bancassurance products, and adopted the insured dividend instead of cash dividend, greatly increasing the income ratio of policyholders. According to Yao Qiang, director of the business area of the banking agency department of Sino-Life Sichuan Branch, "Our company's new Life Red and Red Pension Security (dividend-sharing) C has both security and investment functions. Compared with the traditional bancassurance products, it is characterized by the innovation of dividend mode, which adopts the guaranteed dividend instead of cash dividend. For example, if you buy a policy, the annual premium is 10000 yuan, the payment period is 5 years, and the insured amount is 53490 yuan. In the first year, the policy is based on 53,490 yuan, and the annual dividend is obtained according to the actual operating performance of the company. And in the form of increasing the insured amount, it will be included in the insured amount of the next year, and so on. The insured amount and annual dividend base of the policy increase year by year in the form of compound interest, and a final dividend can be obtained when the policy expires. The maturity insurance premium you get is the basic insurance premium of 53,490 yuan+accumulated annual dividend 10 year+final dividend. " "The original annual premium is 10000 yuan, and you can get dividends according to the insured amount of 53490 yuan!" The insured is amazed. In this regard, Yao Qiang told reporters: "This product has three major advantages: large dividend base, light pressure on installment payment, and family financial management plus security. At the same time, during the validity period of the insurance contract, you also enjoy the high guarantee of triple compensation for general accidental injuries to double indemnity and specific traffic accidents! " "Of course, in addition to the high return on investment, we can also satisfy you in terms of guarantee functions and services. The company launched the "1234 special care" claims service. That is, simple cases will be settled quickly within one day, and visits will be made within two days of hospitalization. General cases will be paid within three days, and special cases will be paid in advance within four days. " Yao Qiang said.