What kind of life insurance do you have?

Depending on the individual's situation, the type of life insurance entered is different, which is not comparable between people.

From a protection point of view, insurance should be purchased in the following order:

1. Accident insurance: Accident medical insurance;

2. Serious illness insurance and medical insurance;

3. Pension insurance;

4. Investment dividend insurance.

In most cases, people are enrolled in combination insurance, which is designed to be as comprehensive as possible according to the risk profile of the individual and the budget criteria offered, covering one or more of the above aspects.

There are many different stages of life, and the protection required at each stage is different. You need to tailor the appropriate protection according to your own situation. There are generally several steps to buying insurance:

First of all, protect the most basic risks of life. The basic risks of life are nothing more than death, accidental injury, and illness. These three risks are not transferred by human will, and they are difficult for anyone, so they must be protected first.

The corresponding insurances are life insurance, accident insurance, and health insurance.

With basic security, you should consider preparing yourself for retirement. Everyone gets old, and aging is an irreversible process. When you get old, your ability to work will decrease, and your income will decrease, so you must consider pension as early as possible.

After the basic life, accident and health insurance are complete, it is necessary to consider purchasing commercial endowment insurance.

After preparing pension insurance for yourself, if your economic strength allows, you can consider some investment-type insurance such as universal life insurance and participating insurance, and appropriately share the benefits brought by the development of insurance companies, which is the icing on the cake.

Protection Insurance + Pension Insurance + Investment Insurance = All-Risk Plan - Financial planning in life is to take all-risk as the goal.

In the West, insurance companies often use two words, one is insurance, which is generally called insurance, and generally covers until the age of 65 (medical exception), because at this age, most of the children have grown up, and they themselves have reached retirement age, and the impact on the family's economy after an accident is not great. That is, what you are protecting is fate, and accidents may happen, but not necessarily. The second type is assurance, that is, guarantee, such as life insurance, because everyone dies, so it must be insured to the end of life, and the compensation is mostly used to pay inheritance tax or funeral expenses.

The two biggest differences are, first, you can be the beneficiary yourself. Second, you will never see your insurance money again, because you are dead at the time of the payment.

Pension, medical care, health, accidents, investment dividends, and omnipotence.

Hongyun Children, as well as Hongxin and Qianxi dividends.

Money management and so on.

I can't remember who said that, but insurance is one of the greatest inventions in human history.

If you want to trace the history of insurance, there are relevant insurance clauses in the Code of Hammurabi more than 1700 BC.

This kind of bet seemed strange at the time, and the sailors who went to sea wanted to be safe and well. Who would bet on their own accidents and property damage to win money? It is no wonder that the Black and White Court regarded the old man as an illegal operator who made profits by unfair means, and when he rejected a bet from a sailor who was too risky, he asked Er Ya to assassinate him.

However, isn't this gamble the prototype of modern insurance? Think about it, when we buy insurance, isn't it a gambling agreement signed with the insurance company, for example, medical insurance, the insurance company bets that you will not get sick and be hospitalized during the insurance period, and you bet that you will get sick during this time! If you are safe and sound, then the insurance company wins and unceremoniously collects your premium.

In case you have an insured accident, then you win the bet and can get a large amount of compensation.

Most people don't like insurance very much, and they feel that it is really unlucky to always talk about illness, accidents, deaths and injuries. However, in fact, the insurance company is the best for you, so that you can accept your premiums with peace of mind.

In addition, insurance, especially commercial insurance, also deviates from the normal commodity logic. Generally, whatever we sell, we only buy it when we need it, otherwise it will be a waste if we buy it and don't need it at home, right? But insurance is the opposite, you can only sell it when you don't need it, when you feel the need for it, for example, if you are sick or have an accident, and then you want to sell insurance, sorry, don't sell it!

It can be said that insurance is bought to be prepared to be wasted.

In fact, the reason why insurance is so strange is that the fundamental purpose of buying insurance is to buy control over risks. That is, the more money you spend, the greater the risk you can resist against!

Risk, for ordinary people, is an invisible thing, but in the eyes of the actuary of the insurance company, it is indeed a real number on paper: probability. This probability does not mean much to a single person on the insured side, but when a large amount of data is put together, the actuary can calculate the approximate probability of the risk occurring in the population.

As for whether this risk will fall on your head, it is not known, but he can be sure that there will always be so many people who will win the lottery!

Therefore, insurance, in essence, is a way to manage risk through economic means based on probability theory. Do you understand?

It's like this: First of all, the type of insurance you buy belongs to the pension type, because I don't know which company's product you are buying, so I don't know the specific terms, but from what you said, it should be a dividend product, that is, in addition to the income you calculate, there is a bonus that is accumulated according to compound interest, that is to say, your income is far more than these, much more than your deposit interest in the bank. Moreover, the income of the insurance company does not come from the interest of the bank, it has its own investment projects, such as the Chinese Life Insurance Company, its investment in the construction of the national power grid, railway construction, the Three Gorges Project, etc., the bank will also buy the insurance company's **.

So if you put your money in the insurance company, the benefits will be greater!

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.

Life insurance is a kind of social security system, which is an insurance business that takes people's lives and bodies as the object of insurance. For everyone, death, old age, disability, illness, etc. are all dangers in life, and we call them personal dangers.

The original life insurance was not an investment, but a kind of protection for the person, giving the insurance company a small amount of money, and when there is a risk, the insurance company pays a part of the money.

To put it bluntly, it is to protect against death and total disability, and to buy life insurance is to continue the family's financial ability. Professional explanation: life insurance, that is, life insurance, is a kind of insurance that takes the life and death of a person as the insurance object, and is a kind of insurance in which the insured lives or dies during the insurance liability period, and the insurer pays the insurance money according to the provisions of the contract.

Life insurance is a kind of life insurance, which takes the life of the insured as the subject of insurance and the life or death of the insured as the condition of payment. As with all insurance businesses, the insured passes the risk to the insurer, accepts the insurer's terms and pays the premium. Unlike other insurances, life insurance passes on the risk of survival or death of the insured.

On December 1, 2017, the "Standards for English Translation and Writing in the Field of Public Services" was officially implemented, stipulating that the English name of life insurance standard is lifeinsurance.

When we allocate insurance, we often see the word life insurance, and life insurance is mostly related to the survival and death of the insured.

The more common ones are term life insurance, whole life insurance, comprehensive insurance and annuity insurance.

1. Term life insurance

Term life insurance means that if the insured dies or becomes totally disabled within the protection period agreed in the contract, the insurance company needs to pay a compensation to the beneficiary.

If the insured does not have an accident during the benefit period, the insurance company will not pay the insurance money and will not refund the premium.

2. Whole life insurance

Whole life insurance is actually very easy to understand, that is, life insurance with a protection period of life, because the death of a person is inevitable, so the purchase of whole life insurance will definitely be able to get compensation.

Compared with term life insurance, the premium of whole life insurance will be much higher, but the protection will be more comprehensive. For those who don't know how to choose, you can take a look at this article on daddy. "Whole life insurance or term life insurance, daddy teaches you to choose this way".

3. Both insurance

In fact, both insurance is a combination of survival insurance and death insurance, and within the agreed protection period, if the insured is in danger, then the insurance company will pay a sum of compensation to the designated beneficiary.

If the insured does not have an accident during the coverage period and survives to the end of the contract, the insurance company will also pay the insured an insurance maturity payment.

To put it simply, it is "lose money if you have something, and return money if you have nothing to do".

4. Annuity insurance

Annuity insurance means that the policyholder pays the premium to the insurance company in a lump sum or installments in accordance with the agreed method, and then the insurance company pays the annuity to the insured or beneficiary according to the time and method agreed in the insurance contract.

Annuity insurance is a kind of wealth management insurance, and the more common use is as your own pension or children's education fund.

Participating insurance, annuity insurance, accident insurance, critical illness insurance, medical insurance, cancer insurance, education insurance, car insurance, group insurance, and all kinds of insurance.

Life insurance can be divided into: 1-year and term life insurance.

Whole life insurance. 1. One-year life insurance.

For one-year life insurance, the premium is only a few hundred yuan. This kind of product is generally paid for one year and guaranteed for one year, using natural rates, and the premium is also increasing year by year.

2. Term life insurance.

Term life insurance is based on the death of the insured during the period specified in the policy, the deceased beneficiary has the right to receive the insurance money, if the insured does not die during the insurance period, the insurer does not need to pay the insurance money and does not return the insurance premium, referred to as "term life insurance", the insurance is mostly to provide protection for the insured to engage in more dangerous work in a short period of time.

3. Whole life insurance.

Whole life insurance is a type of unscheduled death insurance, referred to as "whole life insurance". Insurance liability extends from the date of the effective date of the insurance contract until the death of the insured. Since the death of a person is inevitable, the benefits of the whole life insurance must eventually be paid to the insured.

Due to the long duration of life insurance, its rate is higher than that of term insurance, and it has the function of savings.

Other insurance questions can be consulted.

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There are two main aspects of life insurance coverage, one is non-accidental death benefit, and the other is accidental death, which will be introduced in detail below.

1. Non-accidental death benefit life insurance product information.

During the waiting period of the insurance contract, if the insured person dies due to a cause other than an accident, such as illness. The insurance company will pay the beneficiary the death benefit in full premiums. If the insured dies due to reasons other than an accident after the waiting period of the insurance contract has expired, the insurance company will pay the beneficiary of the death insurance benefit according to the greater of the agreed sum insured and all the premiums paid.

2. Accidental death insurance.

During the waiting period of the insurance contract, if the insured suffers an accidental injury due to an accident and dies as a result of the accidental injury, the insurance company will pay the death benefit to the beneficiary according to the amount agreed in the insurance contract, and the insurance contract will be terminated. After the waiting period of the insurance contract, if the insured suffers an accidental injury due to an accident and dies as a result of the accidental injury, the insurance company will pay the accidental death insurance to the beneficiary according to the sum of the following two amounts:

1) The greater of the insured amount agreed upon by the insurance and the total insurance premiums paid;

2) The amount of insurance agreed upon by the insurance.