Why buy insurance? Why buy insurance?

Buying insurance is mainly to transfer economic risks, and when illness, accident, death, etc., it can ensure that our economic life will not be affected too much.

Many friends hesitate to buy insurance, just because they are worried that the insurance they buy will not make a claim, and they are worried that their premiums will be paid in vain. In fact, because many friends do not understand insurance, there are many misunderstandings about insurance, it is recommended to read this article to understand insurance: should you buy insurance?

If you don't take risks, won't the money be spent in vain?

At present, there are many types of insurance on the market, and not every insurance must be bought, but you must choose the insurance you want according to your needs. If you want illness protection, then you can consider configuring critical illness insurance and medical insurance; If you want death protection, then you can consider buying life insurance; If you want to have both protection and income, then you can consider configuring annuity insurance and whole life insurance. If you don't know what insurance you should buy, you can read this article to find out

With so many types of insurance, which one should I buy first?

For example, when we are unfortunate enough to suffer from a critical illness, a critical illness may require more than 100,000 or 200,000 yuan, in addition to the medical expenses during the period, there is no income during the treatment, and it may take time after treatment, resulting in ** expenses, these expenses are a lot, for ordinary families, the financial burden is very heavy, and it may not be possible to take out so much money for treatment at one time.

With critical illness insurance, as long as you meet the conditions for claims, you can get a one-time fund, which can be used freely, which can be used to make up for the above-mentioned economic losses, and can also be used as follow-up living expenses. There are a lot of critical illness insurance on the market, if you want to configure a good critical illness insurance, you can take a look at the list compiled by the senior sister: Top 10 popular critical illness insurance points worth buying!

Consider the need for protection.

People face risks such as illness, death and accidental injury throughout their lives, and having the right insurance can help transfer the financial risks caused by these events. Therefore, for most people, it is still necessary to buy insurance.

Below, the senior sister will take the four common protection insurance Mengjing as an example to tell you in detail what the role of buying insurance is. Before we begin, you can take a look at this article:What are the benefits of buying insurance?

A lot of people think too much.

First of all, medical insurance is a reimbursement type of insurance, which is reimbursed according to the actual medical expenses of the insured. In other words, if you buy medical insurance, and the medical expenses of illness and hospitalization are within the scope of reimbursement, you can be reimbursed by medical insurance.

Critical illness insurance, on the other hand, is a payout type of insurance, and its claims can not only be used to compensate for the financial loss of the insured during the illness. It can also be used for the insured's later recuperation expenses and living expenses.

It can be seen that with medical insurance and critical illness insurance, it can be a good way to transfer the economic risks caused by diseases.

In addition, the main role of term life insurance is to help transfer the financial risk caused by the unfortunate death of the insured person and help the family through difficult financial times. Generally, it is more suitable for those who are the breadwinner of the family.

As for accident insurance, it can help reduce the economic risk caused by accidents. Among them, accident insurance mainly covers three aspects: accidental death, accidental disability and accidental medical treatment.

In the unfortunate event that you are injured as a result of an accident, the medical expenses incurred can be reimbursed on a pro-rata basis through accident insurance with accident medical coverage, if eligible. In the unfortunate event of an accidental death, you can also leave a sum of money for your family.

Finally, if you want to know more about the above four types of insurance, you can add a look at this article:What is the difference between critical illness insurance, medical insurance, accident insurance, and life insurance? Will there be a conflict when making a claim?

Hope.

1. Because insurance is a risk management and financial arrangement for life. It is a safeguard measure to ensure the safety of our lives and property.

2. At the same time, insurance involves all aspects of our lives, such as property, life, transportation, etc. It can better protect our interests.

We need to buy insurance because insurance can help us share the economic risks caused by illness, accidents, and investments. Health and safety are the aspirations of each of us, but illness and accidents are also possible for each of us, so we must be aware of risks

In case of sudden illness and accidents, do we have enough financial conditions to pay for a series of high expenses such as **, **? How can we bridge the financial gap caused by being forced to interrupt work due to illness and accidents? If it is the breadwinner of the family who is in danger, how can you maintain the normal life of yourself and your family?

If you don't take risks, won't the money be spent in vain?

Insurance is a necessity for most ordinary people, and the premium largely depends on the age of the insured, the amount insured, the protection liability, the number of years of payment, etc., and we can choose the right product according to our budget. Critical illness insurance mainly provides the insured with the expenses of mild, medium and critical illnesses, as well as making up for some loss of income; Million medical insurance is mainly to reimburse part of the expenses that are not reimbursed by social medical insurance; A good accident insurance can provide the insured with protection against accidental medical treatment, sudden death, etc. How do I buy insurance?

In terms of investment, some friends pursue high returns, so they have to bear high risks, but if you want your funds to be safer and your income to be more stable, financial insurance such as annuity insurance and increased whole life insurance are far better than most forms of financial management. How much premium to invest, how much insurance money can be obtained at what point in time, and what rights and interests to enjoy, these will be clearly written in the policy contract, and the contract is legally valid, and the insurance company must also abide by the insurance law, so everyone's capital security and income stability can be more guaranteed. Friends who have financial needs, you can take a look at this list:

Top 10 Best Wealth Management Products to Buy in 2023!

Consider the need for protection.

Buying insurance is a common thing, and almost every family has it. Insurable terms are often our biggest headaches. Because there are a lot of insurance clauses, some of them are not easy to understand. Therefore, we should pay attention to the following points when purchasing insurance

Clause. 1. Look at the terms of insurance: If people want to accurately understand the content of insurance before buying insurance, they must look at the terms of insurance. The insurance clause is the core content of the insurance contract signed between the insurance company and the consumer, which stipulates the rights and obligations contained in an insurance. Clause.

2. Look at the insurance liability of the insurance clause: In addition to the payment of fees and other items, the key content of the insurance clause is the insurance liability. Generally speaking, except for the insurance liability, the other contents of the insurance clause are basically the same, and the distinction between various insurances is mainly in the insurance liability.

Of course, sometimes it is also necessary to look at the exclusions, to see under what circumstances the insurance company can not be liable for compensation and payment; In some cases, it is also necessary to look at the regulations and notes that are unique to certain insurance products. Clause.

3. Look at the introduction of insurance products: Many people often can't understand the terms of insurance, so the most popular way to read the written materials is to read the introduction of insurance products. Since the insurance product profile may sometimes contain inaccurate expressions of packaging and beautification products, it is best to understand it in comparison with the insurance terms after understanding the insurance profile.

Clause. Fourth, understand the payment and receipt of money: The core content of insurance that people need to understand is to pay and receive money. This includes three aspects:

One is how much money to pay and how much to receive in the future; the second is the time and method of payment, the time and method of receiving money in the future, such as how long, one-time or installment, etc.; The third is the conditions for receiving money, such as under what circumstances you can receive money, under what circumstances you can't receive money, and so on. Clause.

5. Implement the content of the understanding into the text: Not everyone can understand the written materials by themselves, so if you want to understand insurance, the most direct way is to understand the salesman's introduction to insurance. There is only one key point at this point:

Write down what you have learned one by one, and find the corresponding part of the insurance clause one by one to confirm it. Clause.

6. Fill in the insurance policy truthfully and sign it in person: There are many contents to fill in on the insurance policy, including some privacy content. Whatever it is, be sure to fill it out truthfully and sign it in person at the end.

Otherwise, the insurance company may refuse to pay or pay the insurance benefits on this basis in the future. Clause.

7. List comparison: If you feel overwhelmed by the amount of information you need to know about insurance, you may wish to list the features and advantages and disadvantages of each possible plan and compare them. The list is simple, you can start by listing a few features of each plan, a few advantages, and then a few disadvantages.

Clause. 8. Find the most trusted person to buy insurance: Due to the complexity of insurance products, many people cannot distinguish the good and bad of various options in a short time, so the most convenient way is to find the most trusted person to buy insurance. Warranty insurance buys protection, not pits.

Therefore, when we buy insurance products, we must keep our eyes open to prevent being deceived.

The reason why we buy insurance is because insurance can not only provide protection for our sick and old age, but also help us to carry out reasonable risk planning and capital allocation.

In addition, there are many benefits to buying insurance, and those who want to know can take a look at this article:What are the benefits of buying insurance? A lot of people think too much.

In the fast-paced life, most people are facing greater work pressure, and some people have problems such as staying up late and working overtime, irregular diet, etc., resulting in a long-term sub-health state and a greater risk of suffering from various diseases.

As we all know, the cost of some diseases is very high, if you do not pay social security or buy commercial health insurance, then the cost of serious illness is enough to crush an ordinary family.

After purchasing critical illness insurance, when we unfortunately suffer from a critical illness and meet the conditions agreed in the insurance contract, we can get the corresponding compensation, so as to reduce our financial pressure and allow us to get medical treatment.

Therefore, the purchase of insurance can transfer the economic risk that arises in a certain situation.

If you are interested in health insurance, you may wish to take a look at this article:Is it necessary to buy health insurance? Be sure to pay attention to these routines!

The pension insurance in the insurance can also make our old age life guaranteed.

The problem of China's aging population is getting worse day by day, and many people are worried about whether their future pension life can be adequately guaranteed. After purchasing pension insurance, when we reach a certain age, we can receive the agreed pension amount, so that we can protect the quality of life in our later years and ensure that the old have support.

In addition, purchasing insurance can also help us to allocate funds appropriately.

Many wealth management insurance has the function of compulsory savings, which can help the "moonlight family" or people with savings needs to save a sum of money to help us make a reasonable allocation of funds. Hope.