Which is better life insurance? Which one is better to buy for life insurance

In life insurance, the two most common types are term life insurance and whole life insurance. Life insurance is mostly based on the death of the insured, so life insurance is bought for the family in order to leave a sum of money to the family after the death of the insured, and provide financial security for the subsequent life of the family on behalf of the insured.

In fact, which life insurance is better depends largely on your own needs and economic budget. People with a limited budget who want to leave a sum of money to their family after their death can choose to purchase term life insurance.

People who have a sufficient budget and want to leave their assets to the next generation in order to achieve the purpose of transferring assets reasonably to avoid taxes can choose to buy whole life insurance. Annuity insurance is a wealth management insurance, and it is recommended to consider purchasing it after matching it with basic protection.

How to choose life insurance? Take a look at this article:

Introduction to life insurance, which one is better to buy? 》

The pursuit of comprehensive protection: Retharry and 2020

Not only is there a total disability benefit, but you can also choose to add additional death total disability insurance benefit and special death total disability insurance benefit, which has more protection responsibilities. In case the policyholder is unfortunately diagnosed with the agreed mild, moderate, serious illness, death and total disability, the subsequent premiums can be waived to reduce the pressure of insurance.

Pursuit of high sum insured: Mai Full Score Pro, Barley 2020

The maximum sum insured of Mai Full Score PRO and Barley 2020 is as high as 3.5 million, and the protection is very sufficient.

The pursuit of unlimited occupation insurance: Ruitairui and 2020, Damai 2020, Dinghaizhu No. 2, Damai is youthful

The insurance restrictions for these products are very relaxed, and the advantage of Retharix and 2020 on occupational restrictions is even more obvious, because it does not impose any restrictions on occupations. If you're working in a high-risk occupation, you can choose Rethart and 2020.

Pursue the protection of rich rights and interests: Sunshine Wheat Full Score Pro, Huagui Barley 2020

Sunshine Wheat Full Score Pro can choose whether to increase insurance, change insurance, and annuity conversion; Huagui Barley 2020 has the right to change the right of fixed life, the right to change for life, and the right to reduce the insurance, which is rich in protection rights.

Daddy concluded

That's all for life insurance, I hope it can help you. Before buying life insurance, we must first check whether our health insurance has been bought, if not, it is recommended to configure health insurance before choosing to apply for life insurance.

Which is better for middle-aged people to buy life insurance?

At present, the common life insurance on the market are: term life insurance, dual life insurance, and whole life insurance. Different life insurance plans have different premiums, but term life insurance is the cheapest.

Of course, the age and gender of the policyholder have a certain impact on the premium. For people with low financial income and less savings on hand, it is advisable to choose term life insurance. This type of life insurance has the characteristics of short protection period, relatively low premium, and more realistic protection.

The payment period and basic sum assured of term life insurance can be freely chosen, so the premiums required for a year are different depending on the choice. In general, term life insurance is the cheapest type of life insurance, ranging from a few hundred yuan a year**. If you don't have a good basic protection for your accident or health and want to be protected for life and death, life insurance is for you.

This type of insurance, also known as life and death insurance, will refund a certain amount of the premium after the expiration of the term, so that the actual premium you pay is relatively small. If you have a high level of economic income, heavy family responsibilities, and want to take care of your future pension while taking responsibility for your own future, you can apply for whole life insurance. This type of insurance provides lifetime coverage and is relatively expensive.

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

There is no saying which life insurance is the best, depending on whether it can meet your needs and financial conditions.

Life insurance generally includes life insurance, endowment insurance, and annuity insurance.

Life insurance, which protects the death of the insured, is mainly divided into term life insurance and whole life insurance. Term life insurance, which is generally guaranteed for one year or up to one year old. If you die within the benefit period, you will be paid for the eligible baggage, and if the insurance expires, the contract will be terminated, and the insurance company will not refund the premiums paid.

Term life insurance can provide better protection at a lower premium. Whole life insurance, on the other hand, has a higher premium, and no matter when you die, you can make a claim if you meet the conditions, which has the effect of asset inheritance. So which life insurance should you choose?

In the case of comprehensive insurance, the insured will delay the claim if the insurance occurs within the insurance period, and a lump sum of maturity insurance will be returned if the insurance period does not expire. Both insurance mainly cover a fixed term, with higher premiums, average protection, weak liquidity, and generally cannot receive funds at will. It is more suitable for people who want to save forcibly and return money when due.

If you want high protection, high leverage or regular returns, it is not suitable. About both insurance, you can read this article to continue to understand:Regarding both insurance, the salesman will definitely not tell you about the uproar!

Annuity insurance is based on the survival of the insured, and the insurance company pays the insurance money regularly after reaching the agreed time. At present, most of the annuity insurance in the market is in the form of education funds and pensions, some of which can generally be insured to one year old, and pensions can generally be guaranteed for a fixed period or life.

For example, Guangming Huixuan pension insurance has a flexible payment period, and the protection period can be guaranteed until 20 years or life after the start of the pension, and the minimum pension age is 55 years old for women and 60 years old for men. In addition to pension and death protection, you can also add a universal account, the minimum guaranteed interest rate is 3%, which is relatively good, interested partners can read this article:Does Guangming Huixuan Pension have high returns?

The answer lies in the text.

After knowing this, if you want insurance to cover death, you can choose life insurance; If you want to protect your life and death, and return the money when it expires, you can choose both insurances; If you want insurance that compulsorily saves and returns money regularly, you should choose annuity insurance. Hope.