Is it safe to deposit money with the insurance company?

Reliable. Putting money in an insurance company is actually buying a deposit insurance, but it should be noted that insurance and deposit are not exactly the same thing after all. Deposit banks have different interest rates due to regular demand. Savings insurance should also pay attention to this. It is necessary to know whether you can withdraw money at any time or regularly after you deposit it, the length of the term, how to calculate the interest, what restrictions are there, and so on. Of course, in addition to savings insurance, many people will also choose some financial insurance with higher returns, such as annuity insurance and dividend insurance. All kinds of people are dazzling. Buying this kind of insurance is nothing more than taking a fancy to the safety of insurance investment and the income that can be obtained. But in fact, many people didn't pay attention or "don't know how to do it" when they bought it, but they found that the income was not high after buying it. So choose carefully and ask the right person.

Main types

Dividend insurance

Dividend insurance is a form of insurance in which the insured shares part of the operating results of the insurance company on the basis of certain insurance protection. If the insurance company does not operate well in a certain year, the operating results that the insured can share may be very limited or even absent. But dividend insurance has a minimum guaranteed interest rate, which is the basic guarantee for the insured.

Investment linked insurance

Investment-linked insurance is a form of insurance that combines insurance protection with investment and savings. Insurance companies set up separate investment accounts for the insured, which are operated by specialized investment experts. After deducting a small amount of expenses, the investment income will be transferred to the insured's personal account. The insured does not participate in other profit distribution of the insurance company. The investment account does not promise investment returns, and all investment gains and losses of the investment account shall be borne by the insured.

Universal life insurance

Universal life insurance and dividend insurance are similar in terms of minimum income guarantee and sharing of operating results between insurance companies and policyholders, but they are more flexible in premium payment than dividend insurance. We can adjust the amount of insurance, premium payment and payment period according to the security needs and economic conditions at different stages of life, so that the proportion of security and financial management can reach the best state in each period and the limited funds can play the greatest role.