1. Insurance premium.
Insurance is generally paid in 20 years, but users can choose 10 or 15 years. However, the shorter the payment time, the more expensive the annual premium. The reason why it is said to be paid once every 20 years is because it is more scientific, because some insurance products will have their own exemption function, that is to say, if the user suffers from mild illness during the payment period, there is no need to pay late fees after payment, and the serious illness insurance is still valid. In addition, the payment will be completed within 20 years. The premium is much cheaper than paying 10 or 15, because users can't predict when there will be risks. If the user suffers from minor illness in the first year of payment, it is scientific to pay for 20 years.
Second, the advantages and disadvantages of Xinxiang
One point: 1. Flexible guarantee period: you can choose to guarantee for 20 or 30 years, or you can guarantee for 55, 60 or 65 years as needed. 2. High proportion of compensation: in case of serious illness or unfortunate death, the compensation amount is three times of the basic insurance amount. Disadvantages: 1 Insufficient protection: only serious illness protection can be attached, and mild and moderate diseases cannot be attached, which is very backward. 2. Short payment period: the longest payment period is only 20 years, and the leverage is not high. It would be better if it could last for 30 years. 3. Expensive premium: A 30-year-old male who invests 654.38+10,000 yuan must be insured until he is 65 years old. If the user pays the fee for 20 years, the user will pay 6.5438+0 million yuan every year.
Shan Zong said that many people have no choice when faced with different types of insurance. It is suggested that you choose scientifically and reasonably, and determine the insurance amount according to your actual family responsibilities.