Should we buy annuity insurance or not?

Annuity insurance can be said to be a supplement to social security, so that the future pension life is more secure, there is a need to have conditions to choose the right one's own annuity insurance purchase, but also need to pay attention to the following matters.

Other insurance questions can be consulted.

Pre-sales product consultation: 400-880-3633

After-sales service: 95362

1. Priority should be given to protection annuity insurance.

For the vast majority of ordinary families, compared with meeting their survival needs after they are old, disease accidents obviously need to be considered more, because if people have accidents or illnesses, the economic losses to the family are very serious. Therefore. In order for us not to have no way out in the face of accidents and diseases, we can give priority to protection annuity insurance when purchasing annuity insurance.

Annuity insurance product information.

2. The payment period should not be too long.

3. Give sufficient time for annuity insurance.

The income and time of annuity insurance are tightly linked, so if you want annuity insurance to bring enough benefits to yourself, it is necessary to have a longer insurance contract period.

4. Arrange the ownership of policy assets.

If it is not clear who owns the policy assets, there will be a dispute over who the insurance company will pay the benefits to. Therefore, it is important to clarify the ownership of policy assets.

Fifth, the way to receive is best tailored.

Different annuity insurance plans have different ways to receive them, and they may be available immediately after paying the premiums, or they may have to wait for half a year, a year, or even longer. In short, if the policyholder wants to obtain sufficient benefits, it is obviously better to analyze the suitable way of receiving according to his actual situation.

6. Pay attention to the basic amount of pension insurance insurance.

One of the most important aspects of pension annuity insurance is the amount of insurance issued, which is related to the quality of life of our life after we grow old. Therefore, giving preference to the pension annuity insurance with a large basic sum insured can better protect our pension life.

7. The actual level of contribution of the family needs to be considered.

Even the current needs of life can not be met, but it is better to think about your living needs when you grow old, that is just a superfluous move, so when buying annuity insurance, it is very important to consider whether your economic level can afford to pay, whether it will affect your current life.

Some people think that annuity insurance should be a must-have for everyone, while others think it is just a lie. But I want to say that annuity insurance, for some friends, it is actually necessary to buy it.

So, who are the people who are suitable to buy annuity insurance?

I summarized the people who are suitable for this product:

1. Protection insurance (medical insurance, critical illness insurance, accident insurance. Life insurance) has been allocated enough, and people who want to carry out pension, children's education or asset inheritance through annuity insurance;

2. Families or individuals who have compulsory savings needs, and will not use this money in the near future, even when encountering investment risks, will not greatly damage the vitality of family assets.

But I would like to emphasize one more point: protect first and manage later. The risks we need to transfer most are diseases and accidents, followed by property, so don't put the cart before the horse.

How to buy insurance? What to look out for?

Whether annuity insurance needs to be insured needs to be determined according to your own situation, if the health protection has been fully configured, you have spare money in hand, and you can consider annuity insurance for children's education or future pension.

Annuity insurance refers to life insurance that takes the survival of the insured as the condition for the payment of insurance benefits and pays the survival insurance benefits at agreed intervals. Annuity insurance pays a certain amount of insurance money according to the annual cycle, and his income is 100% safe in a certain period.

The current annuity insurance is usually equipped with a universal account, which can achieve the preservation and appreciation of funds, and also take into account a certain degree of capital flexibility. But we need to note that annuity insurance is not necessary.

Social endowment insurance can ensure the basic life of the elderly, but social endowment insurance can only provide basic protection, if you want to let yourself have a high-quality life after old age, then annuity insurance is very important to friends. In general, annuity insurance has the following advantages:

1. High security.

The security of annuity insurance is very high, because the insurance company is very strict and they are subject to the management of the relevant state agencies, in case the insurance company can not continue to underwrite, the policy will also be undertaken by another insurance company, the original policy is still valid, there will be no reduction in protection, loss.

2. Special funds.

Special funds are a major feature of annuity insurance, the purpose of pension is to provide for the elderly, and the time to start receiving it is generally after retirement. Generally, it is not feasible to use it in advance before retirement, which to a certain extent ensures that the pension is only used to solve the pension problem of the insured.

Whether it is necessary to buy annuity insurance depends on whether you have the need for compulsory savings, education funds, pensions, etc.

Annuity insurance refers to the one-time or regular payment of premiums by the policyholder or the insured, and the insurance company pays the insurance money annually, semi-annually, quarterly or monthly on the condition of the insured's survival until the death of the insured or the expiration of the insurance contract.

To put it simply, annuity insurance is for us to deposit money in the insurance company, and at the appointed time, the insurance company will give us the money back, and in case of unfortunate death, the money can also be given to the beneficiary.

Annuity insurance has the advantages of compulsory savings, locked income, and high security, which can provide long-term, stable and continuous cash flow, and annuity insurance is not affected by economic changes and downward interest rates, and can realize the preservation and appreciation of funds.

If you want to know more about annuity insurance, you can add this in-depth analysis article: Is annuity insurance good? Are there any pits? What are some good products?

Is it necessary to buy annuity insurance? There is never a right answer to this question, after all, the honey of A and the arsenic of B, even if the annuity insurance is good, it may not be suitable for everyone.

The role of annuity insurance for different groups of people is different, for example, children's education annuity can plan a financial security, education, entrepreneurship and other expenses for children in the future; Pension can supplement pension insurance and improve the quality of life of the elderly.

But no matter how you choose, it has a certain financial management role. Let's take a look at the role of annuity insurance: "What are the advantages and disadvantages of annuity insurance?" I advise you not to follow the trend and buy! 》

If you want to know whether an annuity insurance is worth buying, just look at this list to know the answer:"Top 10 Annuity Insurance Points Worth Buying! 》

It is more reasonable to understand the type of insurance first and then talk about the product, many people have not yet understood the annuity insurance, and they plan to see how an annuity insurance product is, so it is really not feasible to be hasty.

The following is an analysis of annuity insurance in three points:

(1) What is annuity insurance?

Annuity insurance stipulates that a certain premium must be paid to the insurance company first, and when the agreed number of years is reached, you can receive the insurance company's money, and the more common ones in annuity insurance are education funds and pensions.

Education funds are for children's education, marriage and love, is a kind of financial management, but many education funds do not have a high rate of return, only a small role, in order to solve this problem, I have compiled 8 detailed evaluation of education funds:"Evaluation of the 8 Education Funds with the Highest Yield in 2020".

Pension, also known as pension, can be received from the insurance company at the agreed point in time, which can ensure the quality of life of the elderly after retirement.

(2) Types of annuity insurance

Annuity insurance is divided into traditional annuity insurance, participating annuity insurance, universal annuity insurance and investment-linked insurance.

(3) How to choose annuity insurance

First of all, this guide must be read:"Learn this trick and stay away from the pit of 99% of annuity insurance".

Secondly, the following points must be seen:

1.Look at the internal rate of return

The rate of return is a must-see when buying annuity insurance, and the most simple and crude way is to list the annuity that can be received in the future and the premiums to be paid every year at present, and combine them into a long-term cash flow, and the IRR (real rate of return) can be calculated according to the formula.

2.Look at the cash value

There are few annuity insurance with the same income trend, and there are annuity insurance with fast cash value recovery; Some of them have a slow return on their capital, but they can receive more annuities, which are suitable for retirement.

If you are worried about the need for cash flow in the future, you may choose to surrender the policy, it is recommended to choose the cash value to return on the principal quickly. If you only have pension needs, it is suitable to choose products that are slow to return to the cost in the early stage but are more suitable for the elderly.

3.Look at the predetermined interest rate

The yield is mainly based on the predetermined interest rate. Under other unchanged circumstances, the annuity yield will decrease with the reduction of the predetermined interest rate, and now the China Banking and Insurance Regulatory Commission has begun to stipulate that the predetermined interest rate shall not exceed, which is the cap value, and the specific amount needs to be calculated. Hope!

The official definition of annuity insurance by the China Banking and Insurance Regulatory Commission (CBIRC) is: life insurance that takes the survival of the insured as the condition for the payment of insurance benefits and pays the survival insurance benefits in installments at agreed intervals. For a collection of annuity insurance, please see:

"2020 Popular Annuity Insurance Evaluation: There's Always One for You".

So is it necessary to buy annuity insurance? Daddy will elaborate from the following three questions:

Pension issues:

Dying too early is a risk, but living too long is a risk.

Pension annuity insurance can solve this problem and ensure that we have a stable cash flow during the pension period, and how long we live to ensure the quality of our pension.

Children's education issues:

As a parent, we always want to give our children the best, diapers to the best, clothes to the best, milk powder to the best, and the same education to be the best.

If you are able, you can plan for your child's college education and so on.

The education fund can be forced to save a sum of cash for your child at a specific time. Please see the insurance strategy for education funds"If you want to give your child the best, are you ready for the education fund?" 》

Asset Allocation and Wealth Inheritance Issues:

For the general public, our spare money can be put into the **, bank, Yu'e Bao and other platforms first, and a part of the funds can be invested in annuity insurance, which can diversify investment risks.

If you have a clear purpose for this fund, annuity insurance can also play a special function for transfer.

Therefore, annuity insurance can become an option for the asset allocation of ordinary families.

For high-net-worth individuals, you can buy an annuity insurance to plan your wealth inheritance.

So what do you need to pay attention to when buying annuity insurance?

1.Pay attention to guaranteed collection

Annuity insurance is a kind of insurance that is conditional on the survival of the insured, in order to avoid the loss of pension due to the insured's short lifespan, many annuity insurance promises a guaranteed period of 10 or 20 years, if the insured dies before the receiving period, the insurance company will give the remaining unpaid amount to the designated beneficiary.

Therefore, for some policyholders who focus on the old-age security function, they should choose annuity insurance products with *** payment terms.

2.Choose a pay-as-you-go annuity insurance product carefully

Insurance experts said that compared with social pensions, the time for annuity insurance is relatively flexible, and its starting time is generally concentrated in the four age groups of the insured 50 years old, 55 years old, 60 years old and 65 years old.

However, due to the lack of time for capital accumulation, the cash value of the product is relatively low, and it usually takes a long time to return to the principal.

To sum up, because annuity insurance has no protection against illness or accident, these products with financial management properties must be considered only after sufficient protection.

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