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, particularly high-yield insurance policies, which are being heavily promoted on social media platforms, attracting significant interest from potential investors [1][2]. Group 1: Product Overview - The so-called high-yield financing insurance policies, backed by major insurance companies and banks, allow policyholders to pay only a portion of the premium upfront and borrow the rest from financial institutions using the policy as collateral [2][3]. - This financing method involves three main participants: the policyholder, the bank, and the insurance company, with the policyholder leveraging the product to amplify returns [3]. 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 remainder, resulting in a projected net return of 994,800 HKD after 10 years, equating to an annualized return of 8.87% [4]. - However, the actual annualized return is often lower than advertised, with real returns typically ranging from 4% to 7%, depending on various factors such as policy performance, financing rates, and currency fluctuations [5][6]. Group 3: Risks and Considerations - The returns are highly dependent on three variables: actual policy dividend rates, changes in financing rates, and currency exchange rate fluctuations, which are largely uncontrollable [5][6]. - The article emphasizes the importance of being cautious about exaggerated yield promises and suggests that consumers should independently verify the data presented by sales agents [7][8]. Group 4: Market Context - The renewed interest in premium financing is attributed to changes in the interest rate environment and asset allocation needs, with current low or stabilizing rates making financing costs more manageable [7]. - The article advises consumers to approach premium financing with a long-term investment mindset, understanding the product's nature and associated risks, and to seek independent professional advice [8].