What kind of insurance should I benefit from? I benefit more from which insurance I buy

The order of buying insurance is to first have an accident, then health, and then pension financial management, there are too many insurance companies on the market at present, and insurance products are also dazzling, and it is difficult to find a good insurance. Let's take a look at the insurance supermarket, here with various property and life insurance as a whole, standing in the middleman position to find the right insurance products for customers, Pan-China Insurance Service Group is the largest insurance supermarket in Asia, I hope you have something to gain here.

First, the main insurance and the additional insurance are a relative concept.

Primary insurance refers to the type of insurance that can be purchased separately.

Rider is relative to the main insurance and as the name suggests, it refers to an additional contract that is attached to the main insurance contract.

It cannot be insured separately, and the main insurance must be purchased before you can purchase a rider.

Second, the difference between the main insurance and the additional insurance.

Generally speaking, the main insurance coverage period is relatively long, the premium is relatively expensive, the insurance premium paid by the additional insurance is relatively small, and the existence of the additional insurance is premised on the existence of the main insurance and cannot be separated from the main insurance.

Rider insurance refers to the type of insurance that cannot be insured separately and can only be attached to the main insurance, and when the validity of the main insurance is terminated or suspended due to invalidity, termination or expiration, etc., the effect of the additional insurance will also be terminated or suspended.

3. Important Notes.

When buying insurance, don't pay too much attention to whether it's a main insurance or a rider. Any type of insurance may be designed by the insurance company as the main insurance or additional insurance, and consumers should read the insurance terms and responsibilities clearly when purchasing insurance.

1.Paragraph 3 of Article 21 of the Insurance Law of the People's Republic of China stipulates that "the beneficiary refers to the person who has the right to claim insurance money designated by the insured or the policyholder in the life insurance contract, and the policyholder and the insured can be the beneficiary".

2.Article 40 of the Insurance Law provides that the insured or the policyholder may designate one or more persons as the beneficiary. If there are several beneficiaries, the insured or the policyholder may determine the order and share of the benefits; If the beneficiary share is not determined, the beneficiary shall enjoy the beneficiary rights according to the equal share.

3.Article 41 of the Insurance Law provides that the insured or the policyholder may change the beneficiary and notify the insurer in writing. After receiving the written notice of the change of beneficiary, the insurer shall make an endorsement or attach an endorsement to the insurance policy or other insurance certificate.

The policyholder's consent to change the beneficiary is subject to the consent of the insured.

Beneficiaries are generally divided into two types: "designated beneficiaries" and "legal beneficiaries".

For example, some high-net-worth consumers may turn to life insurance as a means of wealth inheritance. However, in the event of an insured event (serious possible death), "who will pay the insurance company's compensation" becomes a core issue.

When the consumer does not explicitly state who will receive the compensation, the insured himself and the legal heirs of the estate are the "legal beneficiaries". According to Article 63 of the Insurance Law, the legal heirs of the insured in death insurance are also the legal beneficiaries, and when no beneficiary is designated, they have the right to benefit.

In addition to the insured, the "designated beneficiary" can also be the policyholder, other natural persons, legal persons or unincorporated organizations. One or more persons may be designated to enjoy the right to benefit in accordance with the pre-required distribution ratio.

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

Detailed. The policyholder refers to the person who has entered into an insurance contract with the insurer and is obliged to pay the insurance premium according to the insurance contract. Generally refers to the person who buys insurance, for example, if I buy insurance for my parents, it refers to me.

The insurer refers to the insurance company that enters into an insurance contract with the policyholder and bears the responsibility of compensation or payment of insurance money, generally referring to the insurance company.

The insured refers to the person whose property or person is protected by the insurance contract and has the right to claim the insurance money, and the policyholder can also be the insured, generally referring to the person you buy insurance for, such as your own parents.

The beneficiary refers to the person who has the right to claim the insurance money designated by the insured or the policyholder in the life insurance contract, the policyholder, the insured can be the beneficiary, generally refers to the fact that I have bought insurance for my parents, if during the insurance period, the parents have an insurance accident, if I also die in an accident (it is better not to, hehe), the insurance company wants to pay me money, it will pay my children (but I haven't, I'm still a student, but I'm about to graduate, hehe), but the premise is to specify on the insurance policy.

That should be easy to understand.

Expand the tease and read: [Insurance] How to buy, which is good, teach you to avoid these insurance"pits"

If we want to maximize the return, we must pay attention to the internal rate of return, which is relatively good if the internal rate of return of the products currently on sale can be close.

At present, there are financial insurance with protection and income, such as universal insurance, participating insurance and investment-linked insurance, but the income of these types of financial insurance is unstable and does not guarantee how much income there is. For example, universal insurance only guarantees the minimum interest rate, and the minimum guaranteed interest rate is generally in the universal account on the market, and the income that exceeds the minimum guaranteed interest rate is uncertain. If you want to know the benefits of universal insurance, you can read this article:

How much money can I make by buying universal insurance? Don't be sold, it's a happy ......

If you want stable income growth, you can consider annuity insurance or increased whole life insurance, and a better internal rate of return can reach about it.

Incremental whole life insurance is mainly to protect against death, and when the insured person dies, it can leave a sum of property to the family. When buying increased whole life insurance, in addition to looking at the internal rate of return, you should also pay attention to the content of the protection. In general, a good increased whole life insurance will not only provide death insurance, but also aviation accident death insurance, which can give the insured the opportunity to leave more compensation to his family.

Secondly, the longer the increase in whole life insurance, the higher the effective sum insured, and the higher the final compensation may be. If you want to configure increased whole life insurance, you can read this article:Freshly baked!

Don't miss out on the top 5 high-yield incremental whole life insurance!

When we buy profitable insurance, we should not only look at the internal rate of return and the content of the insurance, but also look at other rights and interests. At present, some of the wealth management insurance in the market will also provide the right to reduce the insurance, which can make the policyholder's funds access flexible.

Reduction means that the insurance company reduces the basic sum insured and refunds the cash value corresponding to the reduction of the basic sum assured. When the policyholder wants to withdraw part of the funds in the policy, they can obtain it through the benefit of reducing the policy. In addition to policy reduction, there are also insurance terminology, you can read this article to understand:

Before buying insurance, you must first understand these key knowledge points! Hope.

Generally speaking, senior sisters suggest that everyone "protect first, then manage money". That is, it is more appropriate to buy wealth management insurance after the protection insurance is fully configured. The reason why I recommend this is because if you buy financial insurance when the protection insurance is not fully equipped, then when there is a physical problem, the financial insurance is not enough to help you transfer economic risks.

If you still don't know the difference between these types of insurance, you can first take a look at the explanation given in 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?

When configuring protection insurance, the senior sister recommends that you first apply for critical illness insurance, and after configuring critical illness insurance, if you still have extra spare money on hand, you can allocate medical insurance, accident insurance, and life insurance.

Because for us, physical health is the most important thing, and critical illness insurance is insurance that protects against critical illness. After taking out critical illness insurance, when the insured suffers from the critical illness covered in the contract and meets the conditions for claiming, he or she can get a lump sum of insurance money. There is no limit to how the money can be used to pay for medical bills or to make up for lost income.

However, when buying critical illness insurance, it is generally necessary to give a health notice, which is a description of the health condition that the insurance company requires the consumer to fill in. If you do not meet the health requirements when applying for insurance and do not inform truthfully, even if the insured is out of danger in the future, the insurance company can refuse to pay.