I. How to choose term life insurance? The guarantee of fixed life is very simple. Generally, only death and total disability are guaranteed. Four options are summarized:
1. Cost-effectiveness ratio: The lower the premium, the higher the cost-effectiveness ratio.
2. The maximum coverage should be high: for people of different ages, occupations and regions,
The maximum insured amount is different, and the products with high insured amount are given priority in the budget.
3. Health notification should be loose: different products have different health notifications.
Health notification is closely related to claims, so when you apply for insurance, you must read the regulations clearly and tell them truthfully.
4. Less exemption clauses: the less exemption restrictions, the better.
Two. Comparative evaluation of popular term life insurance products Based on the above life insurance evaluation dimensions, eight popular term life insurance products in the market are selected for comparative analysis:
The conclusions are as follows:
Want cost-effective:
Under the same guarantee, the prices of Ruitairui and 2020, Guihua Barley 2020 and Guo Fu Dinghaizhu 1 have more advantages.
Among them, Rui Tairui and female have the lowest premium, which only needs 390 yuan/year, and additional responsibilities such as special death/total disability, extra death/total disability, and policyholder exemption can be added.
Want high insurance:
Ruitairui and 2020, Luxury Barley 2020 and Luxury Barley Zhengqing 2020 all have no previous limit on the insured amount. The insured amount in first-tier cities can be up to 3.5 million, which is very suitable for additional risks.
Want to ensure flexibility:
Luxury Barley 2020 and Guo Fu Dinghaizhu 1 both contain annuity conversion rights.
If the budget is limited:
Hengqin Optimus Prime 2020, Guo Fu Dinghaizhu 1, and Luxury Barley Zhengqing 2020 can be considered. Women can take out Guo Fu Dinghaizhu 1, and the rate is cheaper than similar products 10% or more.
Among them, the premium of barley is increasing by 3% every year. The pre-premium price will be much cheaper than similar products, but the post-premium price will be higher than ordinary products.
If engaged in high-risk occupations:
Rui Tairui and 2020, there is no limit to the occupations insured, and high-risk occupations can also be insured.
If the health is abnormal:
Focus on Guo Fu Dinghaizhu 1, Ruitairui, 2020 and other life insurance products with only the most basic three exemption clauses, which can be purchased by people such as hepatitis B, tuberculosis and tuberculosis, with friendly insurance conditions. People with common diseases such as nodules, uterine fibroids and gallbladder polyps can pay attention to Luxury Barley 2020.
If you value big companies:
Sunshine I Baodingshou and Sunshine I Baomai Full Score Pro are both owned by Sunshine Insurance Company. Compared with similar products, the cost performance is also good.
Three. To sum up, the value of term life insurance lies in helping families resist the biggest and most cruel risks in life. Therefore, dad has always stressed to everyone that any adult, especially married people, should be equipped with term life insurance. I hope the above information can help you.