Is wealth management insurance really cost effective, and whoever buys wealth management insurance r

First of all, I think that people who are targeted by wealth management insurance need to have the following needs.

1.There is spare money, 2Stand up to time.

Why do you say that you have spare money, because in the short term, the rate of return is really low, so take the 5+5 type insurance that is often used as a gimmick for compulsory savings, save for five years and put it for five years, and the yield is actually around 1% in ten years (but there is a guarantee), but in my opinion, it is better to take money to save a fixed term and use regular income to buy a card.

At the same time, there are also universal products, at present, universal products have a ten-year period, a five-year period, and a sixty-year-old period, most of the yields are around 4%, and there is a guarantee of delivery.

Most of the wealth management insurance is lifelong, without additional protection, especially bancassurance products, such as saving for 5 years for life, the rate of return is also very low, no additional protection, that is, the insured is dead, just take the principal and income out, no additional compensation, it is said that the income has compound interest rollover, the longer you live, the more you get, but in fact, the more money you take later, it is nothing more than the money you take in front of you.

However, there are several benefits to this type of insurance:

1.Income is exempt from taxation, i.e. product income is exempt from all taxes.

3.Exemption from inheritance tax. If you are a very wealthy person, then you can use a lot of money to configure insurance, and when you die, your son will inherit the inheritance, and you will not have to pay inheritance tax.

Therefore, in general, wealth management insurance is not suitable for many people, insurance is more important protection, every year I am asked to save tens of thousands of dollars for insurance and financial management, I prefer to take a few thousand dollars a year to configure consumer insurance.

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.

At present, 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.

Tips: The above information is for reference only. If you need to consult Ping An Insurance, you can call Ping An Life 95511-1, Ping An Auto Insurance, Property Insurance, Accident Insurance 95511-5, and Ping An Pension Group Insurance 95511-6.

After buying financial insurance, many friends found that it was not the product they wanted, and they were fooled.

This is actually caused by our lack of understanding of insurance, so how should a person buy insurance?

At present, there are many insurance products, it is easy to buy wrong, spend money in vain, more than ten years of experience in mint insurance consultants have compiled this content, teach you to buy the most suitable insurance with the least money! ClickWhat kind of insurance do individuals need to buy? How much does it usually cost?

1. When buying insurance, you must protect first and then manage your finances

Underlying risks such as illness, accidents, and death, which may cause significant losses to the family, must be addressed first, while financial needs such as education and pension are choices after adequate protection.

When buying insurance, you must first do a good job of basic risk protection, and then consider pension insurance, education funds and other icing on the cake financial insurance.

2. How many types of financial insurance are there?

As the name suggests, wealth management insurance is used for financial management and can generally be divided into the following types:

The one that guarantees the principal and interest is annuity insurance (income determination).

What does not protect the principal and interest is the investment-linked insurance (which may lose money).

There are universal insurance and participating insurance (no loss, uncertain income) that are guaranteed but not interest, of which the income of participating insurance may be 0.

Therefore, when we buy, we must understand the details of financial insurance clearly, and then consider buying financial insurance.

Instead of buying casually, you only find out that you are not buying the financial insurance you want after buying.

As a financial management purpose, the advantage of annuity insurance is not the interest rate but the function.

Let's take a product as an example:

Male, 30 years old, buy 10,000 yuan of insurance amount, pay for three years, 103488 yuan per year, a total of 310464 yuan. Then, in the fifth and sixth years, 51,744 yuan per year will be received. Then until the age of 65, he will receive 3,000 yuan per year.

There is still a receipt later, let's not consider the later collection, let's calculate the yield of the first 30 years.

In the fifth and sixth years, we received back the one-year premium we paid, which is equivalent to 206976 yuan we have paid, with an interest of 3,000 per year, which is equivalent to an annualized rate of return. (Of course, my algorithm is actually inaccurate, just to make it easier for everyone to understand, I will analyze and calculate it for you like this.) ）

Therefore, such a product not only has a low income, but also occupies a lot of our funds, and I do not recommend most friends to buy it! When buying insurance, we should still focus on protection, and we can make other investments to manage our finances, and it is not recommended to use insurance to manage our finances.

If it is a bancassurance product, after three years, the principal can definitely be returned;

But the yield is very low.

After purchasing an insurance product, there is a 10-day hesitation period, and if you regret it, you can surrender the policy.

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

Everyone wants their money to make money, and many people are gradually focusing on investment and financial management.

For example, **, **, **, as well as wealth management insurance including annuity insurance, increased life and so on.

Recently, annuity insurance and increased whole life insurance have been favored and concerned by many people.

If you want to know which wealth management products have low risk, you can see here: "What are the low-risk wealth management products?" Can I buy annuity insurance and incremental whole life insurance from insurance companies? 》

It is certainly necessary to buy insurance. Insurance cannot avoid accidents, nor can it affect our birth, old age, sickness and death, but buying insurance can reduce the financial impact caused by illness and accidents, and reduce the financial burden for yourself and your family. The main types of life insurance on the market include accident insurance, medical insurance, critical illness insurance, and life insurance.

Premiums are limited to 5% to 20% of annual income.

It is right to buy insurance, but buy the right insurance. First of all, you have to know that the purpose of buying insurance is protection or investment, if the purpose is investment, then it is not necessarily necessary to buy insurance, if it is to buy protection, you should really buy insurance, and the other is to buy insurance through the right person or channel, you can go to the insurance network to see the experience of other users.

Is wealth management insurance a pitfall? As long as you are clear about the content of the insurance, first of all, you need to know how much money you need to save every year? How many years do I need to save?

How many years can you take it out? How much is the interest? How much can I get when it expires?

Understand these questions clearly, and make it clear whether it is the financial insurance you want, and you can decide whether to enter it or not.

Many people pay more attention to the interest rate when buying wealth management insurance. Few people pay attention to how many years can be taken out? How do I get there when I take it out?

Trouble is not troublesome do not to consider, and do not look at the contract, the result of wanting to take out the use of the time found that can not be taken, if not in the specified time to take, not only no interest may not be able to get the principal, at this time someone will say **, false, I personally feel that in this situation and the salesman is inseparable, some salesmen for the sake of business will avoid the important light, tell the customer what they want to know most, that is, how much interest you can get, but will not tell you how long you need to save, And the customer, in line with the trust in the salesman, feels that he has picked up a big pie, how can he ask so much, which will lead to the word-of-mouth problem later.

When we buy financial insurance, we don't blindly care about its interest, don't forget that high interest is a symbol of a long time, otherwise a year or two, how can a company give you such a high interest rate if you don't make money, no one will do a loss-making business, let alone a businessman, so we still need to pay attention to ourselvesDo you need to know how much money you need to save each year? How many years do I need to save? How many years can you take it out?

And although some are financial insurance, they will also have a certain protection function, if you have a minor or serious illness during the period again, it is within the scope of the claim, you can still make a claim, you should also see clearly, if a claim occurs, will it affect the principal and income later.

I don't think it's a pit, financial insurance, although the reputation is not very good, but in fact it is a long-term insurance, that is, it is not affected by the environment, sometimes it is 20 years later to get the money back, sometimes it is ten years later to get the money back, although it seems to control inflation, in fact, he is not affected by the economy, if you are willing to buy, you can still buy, but in fact, his interest is not as high as bank financial management.

Wealth management insurance cannot be said to be a pit, but it cannot be said that it is not a pit. Because insurance is not used to make a fortune, it is more just to allocate resources across periods. Wealth management insurance is to help you cope with larger capital expenditures in the future by forcing savings and locking in long-term income, and the income cannot be very high, so when choosing this type of insurance, you must have a correct mentality, and the pursuit is not to make a fortune, but to achieve certainty of income.

Personally, I don't think there is a need to buy financial insurance, because insurance is only used as protection, and if you need financial management, you can invest in the index**, which is very suitable for lazy and working people.

It's a pit, but for people who can invest, this kind of insurance is still very good.

I think that financial insurance is not a pit, otherwise it is true that you can get a safe guarantee through financial insurance, but you still have to avoid some empty.

Yes, because wealth management insurance is not the same as ordinary insurance, it has the nature of financial management, and it is not necessarily a sure profit, but there is still a certain risk.

There are many ways to invest in financial management, savings, insurance, bonds, real estate, antiques, stamps, etc., but the priority of financial management is to find ways to protect yourself and your family in the face of sudden lack of income. The essence of insurance is protection, however, many people also use insurance to manage their finances. As the saying goes, if you don't manage your money, your money won't care about you.

It can be seen that family financial management is very important for every family.

Of course, insurance and wealth management are two product forms, insurance is to spend money to buy a legally effective contract, which belongs to consumption; Wealth management belongs to investing assets into products that are converted into income to earn income. The two products are completely independent from the business model, so the financial insurance on the market is not investment, from my personal investment and financial management and the insurance I bought, my principle is: let the insurance be insurance, let the investment be investment, the two can not be classified into one category.

1. Why not buy wealth management insurance?

In my childhood memory, my parents bought me a similar financial insurance, the approximate product introduction is to pay tens of thousands of premiums every year, there is a certain amount of insurance that can be compensated every year, I asked my mother, now it seems that the amount of insurance is very low, and the amount of insurance is not comparable to the amount of consumer insurance, and the most pitiful thing is that he will tell you to pay a certain amount of premium back when the child is an adult. It sounds very cost-effective, not only to protect people's health, but also to have the attributes of investment, in the end, it may be calculated for 10 years, the annualized rate of return may be less than 4%, and the insurance amount is only tens of thousands of yuan, which is not as much as the five insurances and one housing fund we have purchased ourselves. It is basically a very uneconomical investment option.

Second, the numbers tell you how pitty financial insurance is.

If you change to another product called [Kangle Life 2], except for the non-return of the insurance at maturity, the other protection is exactly the same as that of Kang Care, and the annual premium is only 5246 yuan, which is a difference of 7849 yuan. We invest 7,849 yuan every year into financial products, buy a product with a yield of 4% every year, and get far more than 450,000 yuan by the age of 70. In this way, you should know how pitty financial insurance is.

3. To sum up.

Therefore, when we buy insurance products, we should pay special attention to it, generally speaking, the sales staff of insurance products will tell you the best side of the product, but the cost performance of the product is relative, and we must look at this problem dialectically. If you want to buy critical illness insurance or term life insurance, then I suggest that you buy consumer insurance directly, and don't covet how many years later, you don't know how much inflation will be in the future, and what will be the use of the hundreds of thousands of insurance refunds.

Hope my answer is helpful to you.