It is not a scientific and reasonable way to choose insurance products according to insurance companies. What we want to see is the protection and benefits of universal insurance. I have screened out some better universal insurance for your reference: the latest list! Top Ten Insurance Companies in China
Universal insurance is a kind of insurance that integrates investment income, death protection and major illness protection, and one policy has multiple guarantees. Universal insurance can buy both protection and wealth management, so it attracts many people, but is universal insurance really complete? In fact, this is not necessarily the case. This kind of insurance seems to only cover all aspects, and the following situations are also common:
For example, the premium is not low, the cost performance is low, and sometimes some products purchased separately will be much cheaper than universal insurance; Also, in terms of protection, it seems complete, but in fact, the amount of protection is not high. When buying insurance, you should pay attention to the amount of insurance, and the insurance with low amount of insurance does not have much effect; Not only these two points, but also these details that you should pay attention to. Space is limited, more details can be found here.
What is the income from universal insurance? The average guaranteed interest rate of universal insurance we can buy now is 1.75%-3%, and the income beyond the guaranteed interest rate depends on the operation of the insurance company, which is uncertain. Generally speaking, the income of universal insurance is not optimistic, far less than the excellent annuity insurance in financial management. I just compiled the latest list before! Top Ten Insurance Companies in China
I'll share it with you here.
Generally speaking, universal insurance is a multi-functional insurance product, giving consideration to security and financial management. But in many cases, the more functions, the less professional the insurance protection. Buying insurance should be configured according to this idea: first, choose guaranteed insurance, supplement all the important guarantees needed, and then do some financial management when economic conditions permit.