Is it better to buy universal insurance for 15 years or 20 years?

Universal insurance is a kind of investment-type life insurance that coexists with risk and protection, and is between participating insurance and investment-linked insurance. Under this "universal insurance" insurance method, the insurance premium paid by consumers is divided into two parts, one part is used for insurance, and the other part is used for investment, and the money in the investment part can be converted into insurance by the consumer, which may be manifested in the adjustment of changing the payment method, payment period, insurance amount, etc.

In foreign countries, generally speaking, the risk of the investment part is borne by the consumer himself; In domestic universal insurance, generally given a minimum guaranteed rate of return, consumers can make a trade-off comparison between the minimum guaranteed rate of return and the bank demand deposit interest rate.

Universal insurance is a better way of providing services by insurance companies, and it is definitely not the meaning of "omnipotent" in Chinese vocabulary. The so-called insurance is to transfer the results of potential risks to the insurance company by paying insurance premiums, and the risks themselves cannot be transferred. With the exposure to insurance, people's risk awareness will be enhanced, and in this sense, the possibility of risk may be reduced.

There are generally three types of protection amount design of universal insurance: insurance premium + investment account value, the greater value after the coefficient between insurance premium and account value, and one of the coefficients of insurance premium or account value. Due to the different designs of the guarantee amount, different types of products have been formed:

Heavy protection type. The amount of insurance is high, the upfront deduction fee is high, the investment account is small, and the early surrender loss is large. For example, Sino-British Life's "Golden Pineapple Type B", the sum insured is 50 times the premium, and the down payment is as high as 65%, which is suitable for young and middle-aged people who have no other risk protection but have a certain investment risk tolerance awareness and ability, but to ensure long-term holding.

Heavy investment. The insurance amount is low, the down deduction is small, the investment account has more funds, and the surrender loss is small. Universal Insurance.

NG Pacific Antai's "Wealth Life", the maximum amount of insurance can reach 5 million, and the first deduction is only 5%, but because of the use of natural rates, the risk premium of young people is very low, which can not only do high protection, but also play a role in replacing the value of savings. Another example is New China Life's "Proud Finance", the sum assured is 110% of the policy value, and the initial deduction is only. It is suitable for people who are financially conservative and protect their risks through other insurance products.

The question itself is a bit tangled.

Insurance products, which are not savings or investments, are of a problematic nature and are bought for 15 or 20 years, and do not fall under the category of insurance.

Universal insurance is a whole life insurance, and the purpose of insurance is to protect life.

As for the payment period, customers can choose according to their age, the amount of insurance they need, and the specific payment period.

Because of the additional critical illness insurance, it is a basic choice to extend the payment period as much as possible, but it is necessary to consider the actual situation of each customer, which varies from person to person and according to needs.

In the best case, it is the best service model to require the first person to demonstrate the different policy benefits under different circumstances, and the first person and the customer to complete the specific planning of the policy together.

This depends on your own financial situation, and what suits you is the best.

Different insurance plans have different advantages and disadvantages, and you need to choose the right insurance for yourself according to your own situation.

Paying for one year is a short-term insurance, and the kind that is fifteen or twenty years is a long-term insurance

1. Short-term insurance.

Short-term insurance refers to the insurance with an insurance period of 1 year or less specified in the insurance contract, which is also known as general insurance in the world. In commercial insurance, most insurances other than life insurance are generally short-term insurance.

Advantages: Short-term insurance has low cost, high coverage, and free choice, and the policyholder can freely choose the insurance period, usually ranging from 3 days to 1 year. Moreover, this type of insurance also contains more comprehensive content, such as enterprise property insurance, motor vehicle insurance, aviation insurance, student level insurance, serious illness hospitalization insurance, etc.

Disadvantages: For example, medical insurance must be underwritten every time it is renewed, which is more troublesome in the procedure. If there are some physical problems, it may not be possible to renew, and it may be difficult to even switch to other insurance.

2. Long-term insurance.

Long-term insurance is the symmetry of "short-term insurance". Refers to insurance with a term of more than 1 year. The term of the insurance contract concluded between the policyholder and the insurer is generally based on one year, and those exceeding one year are called long-term insurance.

Advantages: The concept of long-term insurance is characterized by relativity, variability and flexibility. The biggest advantage of long-term insurance is that it is easy to renew and stable. Once you have purchased a long-term policy, it will not be a problem to renew the policy even if you unfortunately suffer from an illness during the coverage period.

Both long-term and short-term insurance have their own advantages, and which one to buy depends on the type of insurance, and different types of insurance have different purchase options.

3. What is suitable for long-term insurance and what is suitable for short-term insurance.

Insurances such as life insurance and critical illness insurance are more suitable for long-term insurance, while million-dollar medical insurance and accident insurance are more suitable for short-term insurance.

You can choose the type of insurance you want to buy according to the type of insurance you want to buy and your own situation, and it is best to choose the right insurance for you.

Look at the needs and look at the products.

I bought it for myself.

Critical illness will be paid for 30 years for life.

Accident pay for 30 years and protect 70 years old.

Medical care is to buy one year and insure one year.

My dad is old. He can only buy medical treatment.

Pay one year for one year, this is consumer insurance, generally medical insurance, accident insurance, a few critical illness insurance also have consumer insurance.

If you pay for ten or twenty years, it is generally critical illness insurance, life insurance, and financial insurance.

These are two different types of insurance.

This is indeed not necessary, because a one-time purchase of 20 years of insurance is too long, for us in general, to buy a one-year term of insurance is enough, a one-time purchase of 20 years of insurance, although it is more cost-effective, but for ordinary people, the short-term economic pressure is relatively large. Therefore, we try to choose a one-year period of life insurance, which is too long.

Personal advice: I don't mind buying 20 years of insurance, because 20 years of insurance, his insurance amount will generally be relatively low, and it will cost a lot of money at one time, we can do more with this money in the short term, we don't need to waste a lot of money on insurance, it is enough to buy about a year at a time.

Extended information: Life insurance is a form of insurance in which the insurer pays insurance money to the insured or beneficiary in accordance with the provisions of the insurance contract when the life or body of the insured is insured or the insurance period expires.

There are three types of life insurance: life insurance, accident insurance, and health insurance. In property insurance, the insurer bears the liability for the loss of the insured object, while in life insurance, the insurer bears the liability for payment, regardless of whether the loss is or how much. For this reason, life insurance is usually a fixed coverage plan.

What should we pay attention to when buying insurance?

The terms of the insurance must be clarified, because it is related to the future claims and is also the core of the insurance product. Whether it is benefits, protection, or exclusions, they will be listed in detail in the terms. If you don't understand it, it's best to find a professional to explain it when you apply for insurance.

At the same time, the insurance company must truthfully inform the insurer when inquiring about the situation, and the Insurance Law of the People's Republic of China clearly stipulates that when the insurer and the insurer sign the insurance contract, the insurer must truthfully inform the policyholder when asking the policyholder about the subject matter of the insurance or the relevant information of the insured. This is an obligation that the policyholder must fulfill, if the policyholder deliberately does not tell the truth, or because of some gross negligence and does not tell the truth, it may affect the insurer's decision on whether to underwrite and the amount of the insurance rate, so the insurer has the right to terminate the contract.

Summary. Hello dear, glad to answer for you. Yes, but the premium paid in 10 years and paid in 15 years are not consistent, so you can find the insurance company to change the payment period, and then pay the premium and the interest of these days.

Can the insurance be changed to 10 years for 15 years + universal insurance?

Hello dear, glad to answer for you. Yes, but the premium paid in 10 years and paid in 15 years are not consistent, so you can find the insurance company to change the payment period and then pay the premium and the interest of these liquid Huitian.

Pro, universal insurance, belongs to a class of insurance products. In addition to providing life protection like traditional life insurance, customers can also directly participate in the investment activities of the funds in the investment account established by the insurance company for the policyholder, and the policy value is linked to the performance of the policyholder's investment account funds operated independently by the insurance company. Most of the insurance costs are used to purchase investment account units set up by insurance companies, and investment experts are responsible for the transfer of funds in the account, and the funds are invested in various investment vehicles.

Insurance is a Chinese word, pinyin is bǎo xiǎn, English is insurance or insuraunce, the original meaning is safe and reliable protection; It is later extended into a kind of security mechanism, which is a tool used to plan the financial situation of life suspicion, is the basic means of risk management under the conditions of market economy, and is an important pillar of the financial system and social security system. Insurance refers to the commercial insurance behavior in which the policyholder pays the insurance premium to the insurer according to the contract, and the insurer Youchang bears the responsibility of compensating for the property loss caused by the occurrence of the accident that may occur as agreed in the contract, or the insured bears the responsibility of paying the insurance money when the insured dies, is disabled, sick or reaches the age and time limit agreed in the contract. From an economic point of view, Bao Qin Chang Insurance is a financial arrangement for sharing the loss of accidents; From a legal point of view, insurance is a contractual act, a contractual arrangement in which one party agrees to compensate the other party for its losses; From a social point of view, insurance is an important part of the social and economic security system, and it is an "exquisite stabilizer" of social production and social life. From a risk management perspective, insurance is a method of risk management.

The most basic difference between 15 years and 20 years is that the more years of contribution, the higher the retirement benefits, in addition, when adjusting the retirement benefits, the 20-year contribution service is a length of service, that is, the retirement fee for more than 20 years increases.

If you still have questions about this issue, it is recommended that you organize the relevant information and communicate with a professional in detail.

1. Different treatment: the treatment of pension insurance for 15 years is not as good as that for 20 years. Because the longer you pay, the better you will enjoy.

2. The accumulation of funds in the front stool is different: the funds in the personal account have been accumulated for 20 years. The money to be received in the future is a personal account, and it is calculated according to the base of the funds in the personal account and the pooled funds.

3. The interest calculation method is different: the basic endowment insurance premium is jointly borne by the enterprise and the individual employee: the enterprise shall pay a certain proportion of the total average monthly salary of the employees of the enterprise in the previous year, and the individual employee shall pay a certain proportion of the average monthly salary income of the previous year (generally 8%).

Urban individual industrial and commercial households, flexibly employed persons and laid-off workers of state-owned enterprises who participate in the basic old-age insurance in their individual capacity shall pay the basic old-age insurance premiums at a rate of 20% based on the average social wage of the province where they are located in the previous year, and all of them shall be borne by themselves.

Precautions for pension insurance

Pension insurance must be paid for 15 years (including deemed contributions), and pension benefits can be enjoyed when the retirement age (60 years old for male employees, 50 years old for female employees, and 55 years old for female cadres). If you have paid pension insurance for less than 15 years by the retirement age, then when you retire, the state will return all 8% of the pension saved in your personal account.

The main factors affecting the level of pension are: the average salary of the local society in the previous year of retirement, the level of the payment base, the length of the payment period, etc., the higher the payment base, the longer the number of years, the more pension will be received when retiring.

The above content refers to Encyclopedia - Pension Insurance.

The omnipotence of universal insurance lies in the freedom of payment, that is, if you want to pay for ten years, you can pay for 20 years, and the number of payment periods is determined by the policyholder himself, and some policyholders feel that they can only pay for 10 years when they are insured, but after 10 years, the economic strength is good, and they feel that the income of universal insurance is good and they want to continue to pay. Therefore, the insurance company only prints the lifetime payment on the insurance contract. In addition:

The risk rate of universal insurance is deducted for life, but it is only deducted from the personal account of universal insurance, as long as there is enough money in the personal account to deduct it, even if the contract is not paid again.

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The so-called "omnipotent" of universal insurance does not mean that the product can meet all people's protection needs and income expectations, but that after applying for insurance, the insurance amount, insurance premium amount and payment period can be adjusted according to the protection needs and financial conditions at different stages of life, and the appropriate protection and investment ratio can be selected.

It is important to note that the minimum guaranteed interest rate of universal insurance is only for the funds in the investment account and not for the entire insurance premium. Hornah.

Please check your own policy information, pay for 10 years, impossible, I have been in the industry for less than 10 years, Zhiying Life has been discontinued, but it is impossible to have a history of 10 years.

Universal Insurance, basically all companies are in strict accordance with the requirements of the CIRC to carry out unified product development and design.

Therefore, although the product names of each company are different, the basic product rules and forms are almost the same, and there is little difference.

When customers choose universal insurance products, because they are non-traditional life insurance, there is also a suspicion of excessive packaging in the publicity, so it is best to base on their own needs, clarify the product form, and apply for insurance after truly understanding.

Considering the long-term and stability of the value of the universal policy, it is best to choose a first-tier insurance company, after all, it will be more secure.

There is too much information about universal insurance, so customers will be very confused when choosing one.

Be sure to find a ** person, explain, and ask to show, the official propaganda color page and the formal plan.

If conditions permit, be sure to demonstrate the different policy forms and benefits in different situations.

Ten years of payment is a misunderstanding and it is recommended to avoid it.

Be sure to pay attention to security first.

The most important thing is to clarify the needs, and it is an objective and feasible demand, the customer's demand is popular and blind, so it is necessary to rationally plan what is feasible and which is not realizable, and for the unfeasible demand, it is also necessary to plan the chronological order, not at the same time, everything is wanted. Universal insurance is not a panacea, and it requires reasonable planning in order to achieve both offense and defense.

In a word, cross-flushing grinding flow is very important.

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