What is survival insurance and what is a survival insurance benefit

Survival insurance. Survival insurance is based on the fact that when the insured is still alive at the expiration of the insurance period, the insurance company pays the insurance money according to the amount agreed in the contract, and survival insurance is different from death insurance in that the payment of insurance money is based on survival. Therefore, survival insurance is mainly based on savings, also known as savings insurance.

Features of production insurance.

1. Survival insurance is based on the insured is still alive for a certain period of time as the condition of insurance payment, if the insured dies within the insurance period, there is no payment, and the insurance premium will not be refunded. Therefore, the insurance premium paid by the insurance company to the survivor of the maturity period includes not only the insurance premiums and interest paid by the survivor himself, but also the insurance premium and interest paid by the person who died before the maturity.

2. The main purpose of survival insurance is to meet the specific needs of the insured after a certain period of time, such as children's education funds, wedding payments or pensions of the insured.

3. Survival insurance has a strong savings nature.

In addition to the general term survival insurance such as children's education and wedding insurance, the main type of survival insurance is annuity insurance.

Extended reading: [Insurance] How to buy, which one is better, teach you to avoid these insurance"pits"

What are the features and advantages of survival insurance? What is a survival benefit? Horizontal.

Survival insurance money is the fund that the insured can receive if he or she survives, and its rights belong to the insured.

The corresponding is the death benefit.

It is vested as the designated beneficiary or legal heir. Insurance with survival benefits and death benefits is usually referred to as "double insurance."

After the policyholder survives to the date agreed in the insurance contract, the insurance company shall pay the amount to the beneficiary of the policy according to the amount, method and period agreed in the contract. The survival fund generally appears in the participating insurance and universal insurance.

Among the life insurance products such as annuity insurance, most of these insurance products have the function of returning survival funds, which can pay education funds and pensions.

Wait. If the insured dies during the insurance period, there will be no payment and no refund of the insurance premium. Therefore, the insurance company pays the insurance premium to the survivor of maturity, including not only the insurance premium and interest paid by the survivor himself, but also the insurance premium and interest paid by the person who died before the maturity.

Survival insurance money refers to how long after the policyholder signs the contract with the insurance company, if the insured is still alive, then the insurance company will pay a certain amount of money to the insured in accordance with the terms of the contract, which is the survival insurance money, which can also be called the maturity payment.

Survival insurance generally appears in life insurance products such as participating insurance, universal insurance, and annuity insurance, and most of these products have a return function, and usually have a strong savings function to meet the specific capital needs of customers for a certain period of time.

For example, if the insured survives to the age of 80, the insured can receive a certain amount of positive survival insurance benefits, but if he does not survive to the agreed time, the insurance company will not pay the survival insurance benefits.

That's all for daddy, I hope it helps.

Survival money refers to a way of returning insurance money that the insurance company must pay to the insured (beneficiary) in accordance with the provisions of survival insurance until the death of the insured or the termination of the term insurance contract after the expiration of the survival insurance policy. Survival money generally appears in life insurance products such as participating insurance, universal insurance, and annuity insurance, and most of these insurance products have the function of returning survival funds.

Survival insurance refers to the insurance that takes the survival of the insured as the condition for the payment of insurance money, and belongs to the category of life insurance. Survival insurance has a strong savings function, and the insurer is responsible for paying the insurance money when the insured is still alive at the end of the insurance period or when he reaches the age agreed in the contract. Survival insurance is mainly used to provide old-age insurance for the elderly, or to provide education funds for children.

Therefore, survival insurance is mainly based on savings, also known as savings insurance.

There are generally two ways to receive the survival fund: one is to receive it directly from the insurance company. Bring your ID card and bank card to the insurance company's counter for processing and collection.

Second, it is automatically allocated by the insurance company. The policyholder can reserve his or her own bank account when signing a contract with the insurance company. When the insurance expires, the insurance company automatically credits the survival fund into the reserved account.

Extended information] 1. The survival benefit is based on the survival of the insured within a certain period of time, that is, if the insured dies in a certain policy year, the current survival benefit will not be paid.

2. The main function of the survival family pure world fund is to meet the specific needs of the insured after a certain period of time, such as children's education funds, wedding money or the insured's pension, which has a strong savings nature, so it is also called "savings insurance".

For policyholders, there are generally two ways to receive the survival fund:

One is to go directly to the insurance company to pick it up. Policyholders can bring their ID cards and passbooks and go directly to the insurance company to handle and collect them. Second, it is directly linked to the bank account and automatically transferred by the insurance company.

When signing the contract with the insurance company, the policyholder can reserve his own bank passbook, and the insurance company will directly transfer the survival fund into the account reserved by the policyholder contract without collecting it in person.

Survival benefit means that during the validity period of the insurance contract, if the insured is still alive on the date of receipt of the survival insurance money agreed in the contract, the insurance company will pay the survival insurance money in accordance with the contract.

At present, survival money often appears in annuity insurance and comprehensive insurance, and the following will introduce these two types of insurance.

And if you have friends who want to take a short time to understand what annuity insurance is, you can take a look at this concise version of the introduction: Is annuity insurance good? Is there anything I need to pay attention to? What are some good products?

Annuity insurance is an insurance that takes the survival of the insured as the condition of payment, and the corresponding insurance money will be paid when the agreed time is reached. Generally speaking, annuity insurance can be used for education, pension, etc., but when you choose annuity insurance, you should pay attention to what the internal rate of return of the product is.

In addition, the insurance company will pay the death insurance benefit, but if the insured does not die, but survives until the expiration of the insurance period, the insurance company will also pay the full survival insurance benefit.

The survival fund of the insurance refers to the amount specified in the contract when the insured person survives to the time limit specified in the insurance contract.

The protection of general survival benefits is commonly found in annuity insurance and both-risk insurance. In addition to the survival fund, there are also special survival funds, maturity insurance benefits and other guarantees.

In accordance with the current Insurance Law of the People's Republic of China

Insurance in China is divided into life insurance and property insurance.

Life insurance is often referred to as life insurance in a broad sense, and life insurance generally includes: term life insurance (death insurance), both insurance (compensation for death or alive), accident injury insurance, accidental medical insurance, major illness insurance (there are also specific disease insurance such as cancer and SARS), universal insurance (life insurance and financial management mix), long-term care insurance, hospitalization allowance insurance, maternity insurance (mainly group insurance), medical expenses insurance (mainly group insurance), etc.

Health insurance is a type of life insurance in addition to term life insurance, comprehensive insurance, universal insurance, in addition to the envy of insurance, in addition to property insurance companies also operate accidental injury, accidental medical insurance, employer's liability insurance and other health-related insurance.

To put it simply, health insurance belongs to the category of life insurance in the broad sense, but it does not include the type of insurance for death (except for accidental injury, which also belongs to health insurance).

The CIRC's management also classifies health insurance as life insurance.

Extended reading: [Insurance] How to buy, which one is better, teach you to avoid these insurance"pits"

1. Survival insuranceSurvival insurance is based on the amount agreed in the contract when the insured is still alive at the expiration of the insurance period, and the insurance company pays the insurance money according to the amount agreed in the contract.

2. Survival insurance is based on savings, also known as savings insurance, survival insurance is based on the insured who is still alive for a certain period of time and the insurance payment conditions, if the insured dies within the insurance period, there is no payment, and the insurance premium is not refunded.

3. The insurance company pays the insurance money to the survivor at maturity, including not only the insurance premium and interest paid by the person himself, but also the insurance premium and interest paid by the person who died before the maturity.