Post office foreign currency denominated insurance Even contracts with insufficient understanding of the risk of loss are July 3 22:31
While Japan Post conducted a survey of foreign currency-denominated insurance sold at the post office and understood that approximately 80% of the policyholders surveyed were at risk of loss due to exchange fluctuations, It was revealed that 19 people (0.1%) may not understand correctly.
With respect to foreign currency-denominated life insurance, there are many complaints from customers that they did not fully explain the risk of loss due to exchange rate fluctuations, and the issue of the financial industry is whether or not it is sold appropriately.
Japan Post surveys about 19,900 out of the foreign currency denominated variable annuity policyholders handled by the post office, including those over the age of 70 and those with large contracts. did.
As a result, they understood that about 16,000 people, or about 80%, were at risk of being damaged by currency fluctuations, while 19 people, or 0.1%, "did not think that they were denominated in foreign currency." It means that he answered "I have not received an explanation of the fee".
He also said there was one sale to his company, which is prohibited by law.
The remaining 19%, or 3800, are out of contact.
Japan Post is working with insurance companies to carry out further investigations, and if the customer's intentions are not met, they would like to take measures such as canceling the contract.
In the future, the company plans to confirm once a year that all over 80,000 variable annuity policyholders, including those denominated in foreign currencies, are in agreement with their intentions.