There are too many tens of thousands of insurances on the market at present. Insurance companies such as China Life Insurance, Ping An Insurance, Pacific Insurance and Huaxia Life Insurance all launched universal insurance products. I have compiled a batch of better universal insurance. You can read this article: How about China Pacific Life? Do you have any insurance recommendations?
So what about universal insurance protection and benefits? Let's have a look!
Universal insurance is a kind of insurance that integrates investment income, death protection and major illness protection, and one policy has multiple guarantees. In addition to buying protection, universal insurance also has the function of financial management. Such products are favored by everyone, but is this "family bucket" in the insurance industry really "guaranteed"? In fact, this is not necessarily the case. Universal insurance may not be fully guaranteed, but there are usually the following problems:
For example, the premium is not low and the cost performance is low. Sometimes we will find that the products in universal insurance are much higher than those purchased separately; And it seems that everything is insured, but the upper limit of insurance coverage is not high at a time. Generally speaking, we pay the most attention to the amount of insurance, and the insurance with high amount of insurance is valuable; In addition to these two aspects, there are also these details you need to know. Due to space limitations, click on the original text to see more details.
Let's talk about the benefits of universal insurance. At present, the guaranteed interest rate of tens of thousands of energy insurances on the market is between 1.75%-3%. The income beyond the guaranteed interest rate will be determined by the operating conditions of the insurance company at that time, and there are many uncertain factors. Generally speaking, the benefits of universal insurance are not considerable, far less than annuity insurance with special financial management functions. I have compiled the latest list of annuity insurance! Top Ten Insurance Companies in China
Friends in need can help themselves.
Generally speaking, universal insurance is a multi-functional insurance product with both protection and investment, but it should be noted that multi-functional insurance protection is not necessarily good. The basic principle of buying insurance should be this: insurance products are the mainstay, followed by wealth management products.