How to count as a low income family and how to buy insurance for low income families

How do low- and middle-income families buy insurance?

The sum insured should be about 5-10 times the annual income. You can start with a lower sum insured and gradually increase the sum insured. Critical illness insurance comes first.

For some low-income families, if we want to truly achieve low premiums and high protection, we need to focus on the order of insurance and the protection situation.

It is necessary to pay attention to the order of insuranceGenerally speaking, when we choose the object of insurance, the pillar of the family should undoubtedly be put first. This is mainly because once the pillar of the pillar is sick, the family's economy will be broken, so the first thing you should do is to take out a medical insurance for the pillar.

An accident insurance is also very necessary for the pillars, especially those who are engaged in more dangerous industries, as well as those who often need to go out, should take out an accident insurance in time. The next step is the elderly and children in the family, and you can choose the insurance for the elderly and children.

Need to pay attention to the protection situation For low-income families, every penny needs to be used on the cutting edge, so no matter who you insure, or what type of insurance you choose, you must focus on protection, because insurance that is mainly aimed at protection is relatively cheaper than insurance that protects and saves. Therefore, buying insurance protection is the first place, and it is best not to consider investment-based insurance advice first.

In general, if low-income families want to achieve low premiums and high protection, it is important to have a clear understanding of the priority and protection situation.

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

Is it good for families with low incomes to buy insurance? Insurance for low-income families? I'm Deep Blue Insurance, focusing on insurance evaluation! Pay attention to Deep Blue Insurance, teach you to buy insurance and not pick pits

Principles for low- and middle-income families to buy insurance.

1. Priority is given to insuring the breadwinner of the family. The limited premium budget should first consider insuring the main breadwinner of the family, after all, the breadwinner of the family directly affects the economy**, only if he is protected first, the protection of others can be more financial.

2. Give priority to the selection of protective insurance products. First insure some short-term insurance without investment function, pure consumption or some long-term savings insurance with pure protection, and then consider investment-based insurance when the economy is abundant.

3. The sooner you buy insurance, the better, giving priority to adults and then children. This is because children have no income**, and if adults encounter difficulties, children's insurance may not be able to continue to pay and remain effective.

4. The design of the insured amount should be reasonable. Under normal circumstances, it can cover the major expenses of the family in the future, of which the insured amount of accident insurance should account for about 50% of the total insured amount, the insured amount of critical illness should be more than 100,000 yuan per family member, and the insured amount of life insurance should be more than 100,000 yuan.

What kind of insurance is suitable for low- and middle-income families?

Choose a more economical term life insurance first, term life insurance provides regular death protection, because there is no savings function, relatively economical, very suitable for the family economic pillar in need of protection, the protection period can be adjusted according to the actual situation.

After determining the death benefit, you can consider the consumer-based health insurance product Chang Slip Silver Product, one insurance per year, the premium is relatively affordable, and you can consider using 5% of the annual family income as the premium budget for critical illness insurance. In the future, when the financial capacity permits, appropriate consideration can be given to purchasing savings critical illness insurance.

You can buy dividend-paying commercial endowment insurance, which can appropriately shorten the payment period, so that the total amount of premiums to be paid will be reduced. It should be more appropriate to control the insured amount at about 200,000 yuan.

Precautions. It is very possible for low- and middle-income families to buy insurance, they should pay attention to the reasonable combination of insurance types, do a good job in insurance portfolio, and do a good job in insurance protection according to the actual economic ability of the family.

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

In fact, insurance is a necessity in life, and low-income families need insurance more than wealthier families.

Because low-income families are less resilient to risk, they don't have the extra money to deal with unexpected situations such as accidents and illnesses, and for them, any risk can be devastating. Head.

Low-income families should follow several principles when purchasing insurance:

Focus on consumer-based health insurance, because what low-income families need most is protection, and consumer-based insurance can provide higher protection with the same premium.

Pay attention to accident insurance, the head of the family, shouldering the heavy responsibility of supporting the family, in case of accidents, the whole family will collapse. In addition, accident insurance is characterized by low premiums and high protection, which can provide high accident protection for low-income families.

The most important thing to buy insurance is protection. Therefore, when purchasing insurance, we should give priority to accident insurance and critical illness insurance, followed by endowment insurance, and finally consider investment-based insurance.

You can pay attention to some related self-** or something to understand the specific situation, such as Insurance Island.

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

Is it good for families with low incomes to buy insurance? Insurance for low-income families? I'm Deep Blue Insurance, focusing on insurance evaluation! Pay attention to Deep Blue Insurance, teach you to buy insurance and not pick pits