Is participating insurance reliable? Isn t it a pit?

Participating insurance is very reliable, but it may not be suitable for everyone, and for those who have active financial ability, they may be more suitable for buying protection insurance.

It's actually quite simple, because when you're buying a participating insurance.

In fact, the insurance you buy is not only the protection part, but also some financial management parts, and the financial part is your dividend. If a person buys insurance at the same time to manage money, although it seems to weaken the protection function of insurance, it is actually very suitable for those users with average financial management ability.

Participating insurance is generally a very reliable type of insurance.

As I mentioned above, participating insurance is only a part of dividends, which means that insurance has an additional financial attribute. For most large insurance companies, the chance of bankruptcy is almost zero, which means that your assets are absolutely safe. When a user chooses participating insurance, the user not only protects his own rights and interests, but also manages his finances.

Participating insurance is not a pit, but I don't recommend that you take the initiative to choose such insurance.

Generally, when we choose participating insurance, participating insurance will have an annualized income of about 5%, which seems to be particularly high, but in fact, we carefully calculate, even if we deposit money in the bank, bank deposits.

The regular interest rate can be reached around the level. If the user chooses the participating insurance, it means that the user spends a lot of money for the additional financial part, which is not cost-effective

I recommend that you take the initiative to choose your financial management method.

Let's take an example, if you have 10,000 yuan to buy insurance, when you buy participating insurance, in fact, the part you really use for protection is only about 1,000 yuan, and the extra 9,000 yuan is used for financial management. Under such a premise, if you can master the knowledge of active financial management, the 9,000 yuan can get a higher annualized income than the participating financial insurance, what do you think? <>

Hello! There are many pitfalls in the insurance dividend type, so it is recommended that you choose carefully.

Deep Blue Insurance Dedicated Insurance Brokers will provide you with professional advice.

First of all, there are basically no guarantees.

1 million, accidental death, illness, can only pay 330,000, no matter what the reason for death on the market, you can pay 1 million insurance, 30-year-old women buy, pay for 10 years, a year is only more than 1,000. If you pay 1 million for accidental death alone, it is cheaper, only two or three hundred, and the protection is more complete, in addition to death, accidental injury and C illness are covered.

In short, it is really unnecessary to spend tens of thousands of dollars on this kind of guarantee.

Second, the protection is not good, and the financial benefits are not considerable.

After 30 years, a one-time payment of 330,000 yuan will be calculated with the internal rate of return IRR, and the annualized rate of return will be high.

Also, it is said that there are dividends, but there is no guarantee of how much they can be shared, because it is not written into the contract at all.

When many salesmen buy, they may tell you that if they buy participating insurance, they are shareholders of the insurance company.

But this is not the case, only if you buy this product, the insurance company will share it with you when it makes money from investment and financial management. Investing is risky, so if you lose money on your investment, it's possible not to give a penny.

In addition to paying attention to the income, the cash value is related to how much money you can get back when you surrender the insurance, many people want to return after buying a few years, and they can only return four or five thousand after paying forty or fifty thousand, just because the cash value is too slow. If you don't want to lose money, you have to figure these things out before buying, don't just listen to the salesman's words!

Participating insurance is reliable, not a pit, because this type of insurance will be approved by the China Banking and Insurance Regulatory Commission before it can be in the market, so the reliability of participating insurance is beyond doubt.

If you have friends who don't know much about what participating insurance is, you can take a look at this dry goods: What is participating insurance?

Although participating insurance is reliable, we must pay attention to one issue before applying for insurance, that is, the dividends of participating insurance are uncertain.

Since the dividends of participating insurance are determined by the insurance company according to the actual operating conditions of the participating insurance business in the previous year, it is possible to pay dividends only if the operating conditions are good, and if the operation is poor, the insurance company will probably not pay dividends.

Therefore, after you take out participating insurance, you are not guaranteed to get dividends.

Regarding some details that need to be paid attention to when buying participating insurance, the senior sister has sorted it out in this article, and friends in need can take a look: Why are the complaints about participating insurance so high? Demystifying the mystery of participating insurance.

In addition, it is necessary to remind everyone that if everyone's personal protection has not been sufficient, it is not suitable to apply for participating insurance, because participating insurance is a financial management insurance, and the protection function will be relatively weak.

If you don't know how to buy pure protection insurance, then this article must be carefully checked: [pure protection insurance] which is good, how to buy cost-effective, and teach you to avoid these pitfalls of insurance.

Participating insurance is not reliable, it is better not to buy this kind of insurance, it is a pit, and there is no way out, it is better to choose medical insurance.

Participating insurance is indeed not very reliable, it is indeed a pitfall, and participating insurance cannot guarantee our legitimate interests, nor can it achieve our expected effect income.

Participating insurance is reliable, and the insurance products launched by regular insurance companies have been reviewed and filed by the China Banking and Insurance Regulatory Commission, so you can rest assured.

However, it should be noted that the dividends of participating insurance are uncertain, and it also depends on the operation of its participating insurance business. The benefit presentation given by the insurance company at the time of insurance application is often a hypothetical dividend income, which is for reference only.

It's not very reliable, and there are a lot of insurance policies that are scams nowadays, and participating insurance is also a pitfall, so don't buy it easily.

It's still quite reliable, and it's not a pit, as long as you invest properly, you can still make a lot of money, and you can also have a very stable development.

It's also very reliable, I don't think this is a pit at all. If you make a lot of profit, then you will get a lot of money. In general, you will not be deceived.

Relatively speaking, it is also relatively reliable. However, we must pay attention to discerning and distinguishing, and choose the insurance that is more suitable for you to invest, otherwise it may be a pitfall.

Participating insurance is a type of insurance that combines financial management and protection, and its income is determined according to the operating conditions of the insurance company, according to the relevant regulations of the Insurance Regulatory Commission, 70% of the profits of the insurance company must be distributed to customers. Therefore, the dividends of each year are uncertain, and the dividends may not be ideal when the economic environment is bad, but the dividends are still good when the economic environment is good.

If the wealth management insurance is not clear, you can't buy it randomly, and the reason is here "Why I don't recommend you to buy wealth management insurance".

Generally, it is not recommended for beginners to purchase participating insurance. Relatively speaking, annuity insurance guarantees principal and interest, which is more friendly to Xiaobai. "What is annuity insurance, whether to buy it, how to buy it, what are the types, comprehensive analysis, comparative evaluation".

1. Why is it not recommended that you buy participating insurance?

Dividend insurance is a product with no guaranteed income, which means that if the company's current operating conditions are not good, the dividend can be 0.

Many people compare the dividend insurance to **, which is actually inappropriate, because the dividends we get from the participating insurance belong to the dividends of the insurance company's "disposable surplus", which is very opaque and uncontrollable.

Different from universal and investment-linked, the dividends of participating insurance are not publicized, and only those who have bought them know how much income there is in the current period and how much income they continue to have.

If you can't see through, it's easy to fall into the pit, and it is not recommended that you have too high expectations for dividend-paying products.

2. What should I pay attention to when buying wealth management insurance?

Wealth management insurance is a long-term holding of assets, short-term liquidity is very poor, and even the possibility of loss, suitable for pensions, education funds but not for short-term financial management, short-term withdrawal will even be lost!

Many wealth management products are combined, such as (annuity insurance + universal insurance), such as (dividend) annuity, and it is still easy for everyone to get dizzy when they encounter this kind of product. Here is a fool-type judgment method - just look at the certainty part!

Ease of purchase: With bank outlets located all over the city and countryside, consumers can purchase insurance products anytime, anywhere, and at the same time, it is convenient to combine with the family budget to choose products that meet their actual needs.

Defects of bank participating insurance.

Banks and insurance companies are not closely related: Banks and insurance companies often work together by agreement, with little regard for future sustainability. In addition, many bank participating insurance products in the market are roughly the same, which leads to extremely fierce competition.

Single products and services: Although there are many types of participating insurance products, there are not many that can really be sold in the bank.

Vicious competition in handling fees: In the process of developing bank dividend insurance business, individual insurance companies have vicious competition in handling fees in order to seize the market, which directly affects the overall interests of the industry.

It is difficult to share information between the two: after all, banks and insurance companies are two different institutions, and it is difficult to share customer resources, which reduces the quality and efficiency of customer services.

Participating insurance provided by legal and compliant insurance companies is reliable and can be purchased with confidence.

1. What is participating insurance?

Participating insurance, as the name suggests, is an insurance product that belongs to the wealth management category and has a dividend function. People who buy participating insurance can share the operating results of the insurance company in the form of dividends while receiving death benefits and survival benefits. According to the regulations of the former China Insurance Regulatory Commission, insurance companies should distribute at least 70% of the distributable surplus of participating insurance to customers every year.

The distributable surplus of the participating insurance** is the difference between the insurer's hypothetical mortality, return on investment and expense ratio.

2. Is participating insurance reliable?

Whether participating insurance is reliable or not depends mainly on the perspective from which the policyholder understands. Comparatively speaking, the greater the benefit, the greater the risk. For some insurance companies that claim that "the income of participating insurance reaches 7, and the minimum will be reached, etc., investors need to choose carefully.

How to judge whether it is cost-effective to buy participating insurance, we must first understand the attributes of participating insurance. Generally speaking, participating insurance is divided into two categories: investment and protection. The protection function of investment-based participating insurance is relatively weak, most of them only provide personal death and total disability protection, and cannot be supplemented with health insurance or critical illness insurance, mainly represented by bancassurance wealth management products and annuity insurance products that are off to a good start by insurance companies every year; The function of protection dividend insurance is basically the same as that of ordinary life insurance, focusing on providing protection for the insured, and dividends are only incidental protection functions, mainly represented by life insurance products with dividend functions, and can be used as the main insurance to attach some health insurance, accident insurance and critical illness insurance.

Consumers should first understand their insurance needs before purchasing participating insurance. If it is a guaranteed participating insurance, priority should be given to products with sufficient insurance amount and strong premium payment ability; On the contrary, if it is an investment-type participating insurance, it is necessary to consider the risk-bearing ability of the more aggressive product. In fact, dividend insurance is not a simple investment product, it is only a function derived from insurance, so you can't use the amount of dividends to measure whether the participating insurance is cost-effective, and you can't be too entangled in how much income you can get through dividends in the future.

It is important to fully realize that the most basic and most important aspect of participating insurance is the protection function of risk sharing, including accidents, illness, pension, health, education, etc., followed by the value preservation function.

It is worth noting that compared with short-term assets such as bank deposits with strong liquidity, insurance is a long-term life plan and long-term asset planning. If the policyholder only wants to get a good reward in the short term, then it is not advisable to choose an insurance product. If you are considering long-term investment and protection functions, you should first clarify your original intention, ensure that your personal economic status is good and your long-term income is stable on the basis of fully understanding the participating insurance, and plan in advance for your future to take precautions.

Xueba talks about insurance, focusing on insurance evaluation! Recently, we have compiled a comparison table of 35 popular participating insurances and 101 critical illness insurances, which is very comprehensiveComparative analysis table of 35 participating insurance products and 101 popular critical illness insurance products in ChinaParticipating insurance has always been one of the more pleasing types of insurance in the market, but due to the complexity of insurance, not many people have really understood it. Today I will take you to unveil the "mystery" of dividend insurance:

Participating insurance, to put it simply: it is insurance with dividends, and dividends come from the fact that the profits of the insurance company can be protected and income at the same time.

Hearing the word "dividends", many people feel that they have paid money, not only guaranteed, but also able to enjoy dividends, as if they have become the original shareholders of insurance companies, but when they buy, they are often confused by the demo interest rate, in fact, almost no one can get the expected returns.

The main reason is that consumers do not know enough about participating insurance

Clause.

1. The amount of dividends you can get is closely related to the situation of the insurance company, and the worst case is that there are no dividends in the current year.

Second, the dividend pool is not transparent.

These two characteristics of dividend insurance make the real income of dividend insurance an unknown, and therefore make everyone stay away from dividend insuranceParticipating insurance is actually the most complained about type of insurance?

The income and dividend methods of participating insurance are extremely complex, and even insurance practitioners are difficult to do, so as a novice, don't challenge such a high degree of difficulty!