宣称年化收益率超10%，“用银行的钱给自己打工”！全网疯传的高收益“新存款”，竟是让你贷款买保险？

Core Viewpoint - The article discusses the rising popularity of "new deposit" products and high-yield insurance policies promoted on social media, highlighting their appeal due to high returns and low entry barriers, while raising questions about their actual risks and viability [1][3]. Group 1: Product Overview - The so-called "new deposit" and "high-yield insurance policies" are essentially premium financing products, where the policyholder pays a portion of the premium and borrows the rest from a bank using the policy as collateral [3][4]. - The financing structure involves three main parties: the policyholder, the bank, and the insurance company, with the policyholder leveraging the product to amplify returns [4][5]. Group 2: Financial Mechanics - An example illustrates a total premium of 5 million HKD, where the policyholder pays 1.12 million HKD upfront and borrows the rest, leading to a projected net return of 994,800 HKD after 10 years, equating to an annualized return of 8.87% [5]. - The actual returns are often lower than advertised, with real annualized returns typically ranging from 4% to 7%, depending on various factors such as dividend realization rates, financing rates, and currency fluctuations [6][8]. Group 3: Risks and Variables - The returns are highly dependent on three variables: actual dividend realization rates, changes in financing rates, and currency exchange rate fluctuations, which are largely uncontrollable [8][9]. - Historical performance indicates that if insurance companies underperform or if market interest rates rise significantly, actual returns could fall below expectations, potentially leading to losses [8][9]. Group 4: Market Context and Consumer Guidance - The renewed interest in premium financing is attributed to the current low-interest-rate environment and changing asset allocation needs, making it attractive for investors seeking stable returns [10][11]. - Consumers are advised to be cautious of exaggerated yield promises, thoroughly assess their financial capacity, and understand the terms of the insurance and loan agreements before engaging in premium financing [11][12].