What kind of participating insurance is the most cost effective?!

Why do you just want to guarantee such a short time, our Xinhua company has a product launched to celebrate the 10th anniversary, the warranty period is lifelong, and the payment period is only 3 or 5 years, the later benefits are very large, you only need to spend a small amount of money to get more money.

You are only 24 years old now, you are still very young, time is the basis for earning money, save some of it now, and you will be blessed in old age, and it will not be a burden to your children in the long run.

Xinhua Haidian - Life Insurance Iron Army.

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Of course, the longer the insurance period, the better, and the specific insurance depends on which company you buy and what type of insurance you order.

Participating insurance is not worth buying. Insurance personnel generally tell you how much the dividend of participating insurance may be in the future through the dividend benefit calculation demonstration of participating insurance.

Extended information: 1. Participating insurance, which is essentially a financial insurance. To put it simply, the insurance company collects the premium of the policyholder who insures this insurance, invests the premium, divides a part of the profit generated by the product throughout the year, and distributes the surplus according to the share paid by the policyholder.

2. What are the characteristics of participating insurance?

1) Participating insurance has the characteristics of uncertain returns. According to the regulations, the insurance company is required to distribute no less than 70% of the profits to the policyholder after each actuarial balance is determined. However, there is still a gap between the regulations and the actual operation.

The dividends of participating insurance are profits, and as for the actual profits in a year, the insurance company ultimately has the final say. Consumers don't know how much money insurance companies make, and the current regulatory authorities do not require insurance companies to announce their own dividends, so there is too much information in participating insurance, which is very unfavorable to consumers. Participating insurance has limited coverage.

3. Participating insurance is divided into investment type and protection type. Investment-based participating insurance only covers death and total disability liability, and the sum insured is low, so it has little protection significance. Although protection participating insurance covers death and some critical illnesses, compared with critical illness insurance, the premium is more expensive and the sum insured is limited.

Dividend insurance is generally the accumulation of compound interest, and many people choose it to save money for retirement. It's just that this kind of participating life insurance often means that it takes more than a few years to accumulate a certain amount of dividends. The premium is not small, and once the policy is surrendered early, the loss is very large.

3. Surrender skills of participating insurance: When choosing the insurance payment method, you should pay attention, and the annual payment is naturally the biggest loss when surrendering, and it can effectively reduce the surrender loss by changing it to a quarter or even a month. You can also apply for a policy loan, that is, instead of paying the premium in person, you can apply for working capital from the insurance company to pay the premium temporarily.

Participating insurance refers to a kind of life insurance in which the insurance company distributes the distributable surplus of the previous fiscal year to customers in the form of cash dividends or value-added dividends in a certain proportion after the end of each fiscal year.

The dividends of participating insurance** are distributable surplus arising from the difference between death, interest and fees.

1. Death difference:

It refers to the surplus generated when the actual risk incidence rate of the insurance company is lower than the expected risk rate, that is, when the actual number of deaths is less than the predetermined number of deaths.

2. Spread benefit:

It refers to the surplus generated when the actual investment income of the insurance company is higher than the expected investment income.

3. Fee difference:

It refers to the surplus generated when the actual operating and administrative expenses of the insurance company are lower than the estimated operating and administrative expenses.

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

Participating insurance should be purchased on a case-by-case basis. Participating insurance can be profitable, and it can be a way for working families to save their savings by saving premiums. However, it has the disadvantage of uncertain returns, and there is too much information in insurance companies that is not transparent.

And its coverage is limited. Investment-based participating insurance only covers death and total disability liability, and the sum insured is low, so it has little protection significance. Although protection participating insurance covers death and some critical illnesses, compared with critical illness insurance, the premium is expensive and the sum insured is limited.

With the same premium, you can buy a consumer insurance with a higher sum insured and more comprehensive protection. If you are financially well-off and are ready to save a sum of money for financial savings on a regular basis, you can consider buying it.

Test your anti-risk index, experts will interpret it for you for free!

Participating insurance is not worth buying, because dividends are often uncertain, and the specific dividend distribution plan needs to be determined according to the actual operating conditions of the insurance company's dividend insurance business, and even if there are dividends, usually only when we get the dividend notice issued by the insurance company, can we know how many dividends there are.

In addition to the uncertainty of dividends, these pitfalls of participating insurance must also be paid attention to:Why are there so many complaints about participating insurance? Demystifying the mystery of participating insurance

If the insurance company's participating insurance business is running well, then we may get some dividends, but if we don't make any money or lose money if we don't manage well, then we may not get dividends, so we should think carefully when buying participating insurance.

Many people buy participating insurance, in fact, in order to be able to get some income, but in fact, if you want to earn, then the senior sister recommends that you buy annuity insurance.

The income of annuity insurance is fixed, and when to receive it will be written in black and white in the contract, will not be affected by external economic changes, and when the agreed time or age is reached, you will be able to receive the agreed amount every year or every month.

If you don't know which annuity insurance products to choose, you can take a look at this listTop 10 Annuity Insurance Rankings Want to buy high-yield annuity insurance? Don't miss out on these 10 again! Hope!

Participating insurance is a type of insurance that combines financial management and protection, and its income is determined according to the operating conditions of the insurance company, according to the relevant regulations of the Insurance Regulatory Commission, 70% of the profits of the insurance company must be distributed to customers. Therefore, the dividends of each year are uncertain, and the dividends may not be ideal when the economic environment is bad, but the dividends are still good when the economic environment is good.

Extended Materials: Revenue Algorithm Edition.

Participating insurance refers to a variety of life insurance products in which the insurance company distributes dividends to the insurance policy holder according to a certain proportion of the surplus of actual operation and production while obtaining life insurance.

Distribution. The dividends of participating insurance** are the "three difference income" of the life insurance company, namely the difference in death, the difference in interest and the difference in fees. The distribution methods of dividends mainly include the cash dividend method and the increase dividend method, the two surplus distribution methods represent different distribution policies and dividend concepts, reflecting different transparency and fairness of connotation, and the impact on the share of policy assets, liability reserves and cash flow of life insurance companies is also different, so from the perspective of safeguarding the interests of policyholders, life insurance companies should be very cautious about the formulation and change of dividend distribution methods, and pay attention to the reasonable expectations of policyholders. To implement the principle of integrity management and fairness of dividend distribution, it is necessary to fully consider the impact of dividend distribution on the company's future dividend level, investment strategy and solvency.

1.Cash Dividend Method.

Using the cash dividend method, after the end of each financial year, the life insurance company first determines the distributable surplus for the current year based on the operating surplus of the current year, and the board of directors of the company determines the distributable surplus for the current year after considering the opinion of the appointed actuary, and the policy dividend is determined among the policies according to their contribution to the total surplus. The distribution of dividends between policies varies by product, issue age, gender and policy term, reflecting the policyholder's contribution ratio to the participating account. Under normal circumstances, life insurance companies will not regard all the annual earnings generated in the dividend account as distributable surplus, but will distribute them according to their operating conditions under the condition of ensuring that future dividends are basically stable.

Undistributed earnings are retained in the company for future dividends, final dividends or as shareholders' equity. The principle of contribution to the distribution of earnings under the cash dividend method reflects the principle of fairness in the distribution of dividends among different policyholders.

2.Incremental Bonus Method.

The incremental dividend method distributes dividends in the form of an increase in the existing sum assured of the policy, and the policyholder can only receive the dividends distributed when the insured event occurs, expires or surrenders. The increase bonus consists of three parts: regular increase bonus, special increase bonus and final bonus. The regular increase dividend adopts the simple interest method, compound interest method or double interest rate method to increase the insured amount of the dividend by a certain proportion every year; The special increase bonus will only increase the insured amount at one time under some special circumstances, such as the change of tax policy; The final dividend is generally a certain percentage of the distributed dividend or the total sum insured, and the surplus generated during part of the policy period is deferred to the end of the policy period for distribution, which reduces the uncertainty of dividends** during the policy period and flattens out the annual dividend level.

Summary. It's not worth it, and participating insurance is not worth buying. 1. The dividends of participating insurance are uncertain, and whether there are dividends for participating insurance is mainly based on the operating conditions of the insurance company, and there is no guarantee that there will be dividends in each period, and the amount of dividends is uncertain.

At the same time, the premium required for participating insurance is also relatively large. 2. Dividend insurance is not a bank deposit, the dividend of dividend insurance is uncertain, and the interest of bank deposit is certain. 3. The protection function of participating insurance is different from that of critical illness insurance, although some participating insurance can be attached to critical illness, the amount of insurance is not high, and the types of covered diseases are not many, which is insufficient compared with the protection function of pure critical illness insurance.

Is participating insurance worth buying?

Hello dear! It's not worth it.

It's not worth it, and participating insurance is not worth buying. 1. The dividends of participating insurance are uncertain, and whether there are dividends for participating insurance is mainly based on the operating conditions of the insurance company, and there is no guarantee that there will be dividends in each period, and the amount of dividends is uncertain. At the same time, the premium required for participating insurance is also relatively large.

2. Dividend insurance is not a bank deposit, the dividend of dividend insurance is uncertain, and the interest of bank deposit is certain. 3. The protection function of participating insurance is different from that of critical illness insurance, although some participating insurance can be attached to critical illness, the amount of insurance is not high, and the types of covered diseases are not many, which is insufficient compared with the protection function of pure critical illness insurance.

I bought it for three years. 20,000 per year.

A total of 60,000 were paid.

Well, this dividend is not a one-time return of the principal.

And his dividends are not fixed.