Why is it not recommended to buy financial insurance, is there really any need to buy financial insu

Why is it not recommended to buy financial insurance in essence depends on the needs of the individual to judge, some people in the case of basic protection is not complete, blindly pursue income and choose to buy financial insurance, put all the liquidity into it, this kind of situation is definitely not recommended to buy financial insurance.

1. Poor flexibility and long investment cycle.

Whether it is annuity insurance or incremental whole life insurance, it takes a certain amount of time for the policy income to exceed the premium we pay, annuity insurance is generally 10-15 years, and incremental whole life insurance is 5-10 years;

This period is equivalent to the closed period, the cash value of the policy is much smaller than the total premium, if the money is urgently needed during this time period, then the value of the policy is not as good as the bank deposit, after all, the bank does not swallow the principal and interest.

If it is just past the middle and early stages of this period, the policy income is also low, and it may be better to put the bank for a fixed deposit; Only in the middle and late stages can the benefits of financial insurance really appear, and this time span is generally relatively long.

What will happen during this period can no one be able to **, many people have suffered losses in this regard, so it is not recommended that others buy financial insurance;

2. A wide range of products.

There are many types of financial insurance, and the different insurance products launched by different insurance companies are also very different, and the income of different products can even be several times different.

Some people will also blindly allocate financial insurance when the basic protection is not perfect.

It is best to compare multiple products, and choose the insurance product that suits you through cash value and annuity.

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

In these cases, the father does not recommend buying financial insurance, we can review our own conditions, and then choose whether to buy financial insurance.

The premium of wealth management insurance is generally more expensive, and the cycle is very long, it has to be paid continuously for decades, and it can only be taken out until the end of the contract or the specified time, but it is inevitable that some people will encounter the situation of urgent use of money in life, and most people will choose to ask the insurance company if they can take out the money and use it, and what they get is that they can only surrender the insurance.

Compared with the expiration of the insurance contract, the money that can be returned by surrendering the insurance may only be one-half, which leads many people to think that the insurance company is in the circle of money, obviously it is their own money, and we have to bear the loss if we want to withdraw it in advance, which leads to more and more "pits" in people's minds.

The first item: whether other types of insurance are equipped with Wutong Jun often said that buying insurance must be protected first, and then financial management, otherwise why do you want to buy insurance, are you really going to the income of financial insurance? Not necessarily, many people just change from the original mentality of wanting to give themselves a guarantee to the mentality of "buying insurance without spending money" when buying insurance.

But how can there be such a best of both worlds in the world, if you want financial income, then the scope of protection must be small, so you need to configure other types of insurance yourself, to give yourself a more comprehensive protection.

The second item: the payment cycle of financial insurance is very long, and the premium is also high, so when buying, you must recognize your economic situation, don't think about how much money you make through financial insurance, this kind of insurance can not make people achieve financial freedom, at most it can help us accumulate wealth, and when we are old or retired, this money can provide us with a better life in old age. Therefore, it is not difficult to see that financial management insurance is more suitable for those who have a certain economic foundation and only want to accumulate a certain amount of wealth for themselves through low-risk investment methods, so as to avoid any worries, and it is difficult for ordinary people to wait until the expiration of financial insurance.

Summary. Hello, this question is up to me, financial insurance can be purchased, but you still need to look at your own needs. The advantages of buying financial insurance: 1. Fixed payment, not receiving it in the early stage, and forcing yourself to save a sum of money; 2. Significantly improve retirement benefits, social security pension 2,000 yuan per month, commercial pension 2,000 yuan per month, and 4,000 yuan a month after retirement.

3. Realize the planned inheritance of wealth; After buying a wealth management insurance to designate a death beneficiary, after a hundred years, the death claim will be given to the designated beneficiary, as personal property, without paying taxes, and will not be divided, which is an undisputed asset.

Hello, this question is up to me, financial insurance can be purchased Xianghan, but you still need to look at your own needs. The advantages of buying financial insurance: 1. Fixed payment, not receiving it in the early stage, and forcing yourself to save a sum of money; 2. Xian Chi congratulates the improvement of retirement benefits, social security pension receives 2,000 yuan per month, commercial pension receives 2,000 yuan per month, and retirement has 4,000 yuan a month. 3. Realize the planned inheritance of wealth; After buying a financial insurance to designate a beneficiary of death, after a hundred years, the death claim will be given to the designated beneficiary, as personal property, no tax payable, will not be divided, and it is an asset that does not exist in contention.

4. Maintain and increase the value of assets and resist inflation.

Analysis of the income characteristics of four types of financial insurance: both insurance dividends: the common is a single or three years to pay, 5 years of insurance, the main thing to sell is bank insurance wealth management, 5 years of single insurance, due to get the basic amount of insurance + dividends, according to the low-grade dividends, mid-range dividends and high-end dividends, the yield % and between, there is a guaranteed income, a few products even if according to the most wanton high dividends, the yield is about and around.

Incremental whole life insurance: three years of payment or five years of payment, generally the fifth year of the return of the principal, the amount of insurance according to or the annual compound interest increase, about the 24th year doubled, 30 years old, 30,000 years of payment, a total of 90,000 yuan, 54 years of cash value and the amount of insurance to reach 180,000, you can reduce the insurance to receive. Commercial Pension Insurance:

At the age of 50, you start to apply for insurance, pay 20,000 yuan a year, pay 3 years, pay a total of 60,000 yuan, and start to receive 4,924 yuan per year at the age of 60, which is equivalent to 410 yuan per month; Pay more than the high collar, receive lifelong, and surrender the cash value halfway. Annuity insurance, among all kinds of insurance and wealth management products, annuity insurance is attached to the universal account, which is the highest expected return among all insurance and wealth management products.

For example, starting from the age of 30, pay for 3 years, and pay a total of 100,000 yuan, according to the universal interest rate of the additional universal account.

Wealth management insurance has the function of financial management and protection, many people are interested in this point to buy, but there is no need for ordinary people to buy financial insurance, unless there is sufficient health protection, high income and stable people can consider buying.

Based on the situation in the market, the more popular financial insurance products are the following: annuity insurance, universal life insurance, participating life insurance, education funds, increased life insurance, investment-linked insurance, etc. There is a certain complexity in this type of insurance, but it is very easy to make a mistake when you know the purpose of buying insurance in advance, such as whether you want to buy a protection or want to use it for investment.

The current financial insurance is generally composed of universal insurance and participating insurance, and they can also be regarded as two accounts, and the specific relationship is as follows:

Through this diagram, we can clearly see the flow of wealth management funds. Buying wealth management insurance to make investments is often because wealth management insurance has these advantages:

1.Guaranteed. Buying wealth management insurance to make investments is often because wealth management insurance has these advantages, and wealth management insurance is a good choice in terms of diversifying investment risks.

2.Forced savings. Buying a wealth insurance such as pension insurance, education fund, etc., is a savings and an income.

3.Achieve wealth inheritance. Wealth management insurance can achieve wealth preservation and appreciation, and finally transfer the hidden wealth to the designated beneficiary.

The advantages of financial insurance have been mentioned, and the disadvantages have to be mentioned, mainly the following points:

1.Low yields. Risk and return are generally proportional, the low risk of financial insurance can only obtain low returns, according to the current market situation, 2% 4% is the average income level of financial insurance.

2.Low asset flexibility. Often we hear it"Withdraw or surrender the policy at any time"Such financial insurance advertising slogans are flashy, and if you do so, you will lose a lot of money.

After talking about the advantages and disadvantages, you can judge whether to buy financial insurance based on your actual situation

The above is my simple list of financial insurance-related content, and which one is the most recognized in financial insurance? According to the current situation, it is annuity insurance. How are the popular products of annuity insurance, I did an evaluation:

"Top 10 Annuity Insurance Points Worth Buying! 》

In the end, the senior sister said that more than 90% of ordinary families are not suitable for buying financial insurance, unless the family members have received basic protection, how to complete the protection of family members, refer to this article to have the answer:"3 sets of plans, complete with a family's insurance".

The order of purchasing financial insurance is generally after this.

[Written at the end].

I am [Xueba Says Insurance], focusing on objective, professional and neutral insurance evaluation;

I will give you the most professional advice with years of experience in configuring insurance for 10w+ families.

Hello! Financial insurance is not suitable for everyone to buy, whether it is necessary to buy depends on personal needs.

If you don't know if you can buy it, you can click to make an appointment for a 1-to-1 insurance planning service.

Deep Blue Insurance Concentrate on insurance brokers will provide you with professional advice on repatriation.

If you meet the following conditions, you can consider financial insurance:

1) The whole family protection product has been allocated sufficiently, 2) there are other high-yield investment channels (real estate, **, **, foreign exchange, etc.);

3) There is an idle fund, and it is expected to obtain a safe, stable and definite income through annuity insurance.

The financial insurance that can be bought includes annuity insurance, universal insurance, increased whole life insurance, and investment-linked insurance.

If you want to do education and pension: you can choose annuity insurance, and you can return the money in a predetermined year.

If you just want to manage your money with spare money: universal insurance is recommended, the current income of 4-6% is already very good, and you can withdraw funds at any time by missing the file and stupidity.

If you want to leave a sum of money for your children: it is recommended to increase the amount of whole life insurance, and the wealth will be automatically passed on to the beneficiary after returning to old age in 100 years; If you need money urgently, you can also withdraw it in advance.

If you pursue high returns: investment-linked insurance is similar to "investment", you can get high returns when it is good, but you may also lose money.

In short, as for whether to buy financial insurance, we still have to consider carefully. If you only pursue capital preservation and don't mind low yields, there is nothing wrong with buying it. If you buy wealth management insurance for protection, it is better to buy critical illness and accident directly.

For us ordinary people, it is still recommended to first complete the protection insurance, and then consider financial insurance.

In fact, it mainly depends on the way you allocate your assets, if you have extra spare money, you can allocate it appropriately, but the role of insurance is mainly protection.

As a source of people who have worked in an insurance company, I can tell you that there is no need to buy Liang Shu in financial insurance, you can use other financial management methods, for example, bank capital protection or regular investment in financial management, you can get higher returns than financial insurance, and receive more flexibility.

It is not recommended to buy financial insurance, because financial insurance is suitable for people who already have sufficient protection insurance and have relatively wealthy families, and financial insurance is of little significance to ordinary people, with a long investment period and uncertain returns. Moreover, the liquidity of funds is also weak, which is easy to affect the liquidity of funds, and the income may not achieve the expected effect.

Further information: 1. Wealth management insurance is a new type of insurance product that integrates insurance protection and investment functions, and is a new type of life insurance. Insurance companies that operate investment insurance make full use of their scale, investment advantages and investment experts to strive for the maximum investment benefits for policyholders.

The types of financial insurance carried out in China mainly include participating insurance, investment-linked insurance and universal insurance. Financial management through insurance refers to the reasonable arrangement and planning of funds through the purchase of insurance, to prevent and avoid financial difficulties caused by illness or disaster, and at the same time to obtain ideal preservation and appreciation of assets.

2. The main types of financial insurance:

1. Participating insurance.

Participating insurance is a form of insurance in which the policyholder shares part of the operating results of the insurance company on the basis of enjoying certain insurance protection. If an insurance company does not do well in a given year, the policyholder's share of the operating results may be very limited or even none. However, participating insurance has a minimum guaranteed interest rate, which is the basic protection of the policyholder.

2. Investment-linked insurance.

Investment-linked insurance is a form of insurance that combines insurance coverage with investment savings. The insurance company sets up a separate investment account for the policyholder, which is operated by a special investment expert, and the investment income is transferred to the policyholder's personal account after deducting a small fee. Policyholders do not participate in the distribution of other profits of the insurance company.

The investment account does not promise a return on investment, and all investment gains and losses in the investment account are borne by the policyholder.

3. Universal life insurance.

Universal life insurance and participating insurance have similarities in terms of minimum income protection, insurance companies and policyholders sharing the results of operations, etc., but they are more flexible than participating insurance in terms of premium payment. According to the protection needs and economic conditions at different stages of life, the insurance amount, premiums paid and payment period can be adjusted, so that the ratio of protection and financial management can reach the best state in each period, so that the limited funds can play the greatest role.