I haven't written anything about it for several days, but I got sick last week, swollen gums and a high fever, which made me feel unbearable pain. I suddenly wondered if someday something happened to me and I left like this. I still owe a lot of money to the bank. My wife can't pay that much money by herself. What should I do with my parents and relatives? take care of them. So suddenly there was a strong sense of crisis, and it was this feeling that drove me to read insurance-related knowledge. Although insurance cannot guarantee great wealth and wealth, it can at least guarantee that there will be no big ups and downs. We should only get better and better on the basis of the current situation, and don't allow ourselves any possibility of falling.
There are three books I think are very good, and I recommend them to everyone, "Family Insurance Planning", "What to Do When Buying Insurance", and "Snowball Special Issue 034, Insurance Knowledge You Must Know".
I focused on what kind of insurance should young people like us buy. In fact, I understand that insurance companies are more inclined to sell insurance to young people, because young people are less at risk of accidents than the elderly. Now I will talk about what insurance young people should buy from the following aspects.
Normal health insurance.
The normal five insurances and one housing fund should be paid, after all, this is the most basic basic guarantee.
Critical illness insurance.
Imagine you have a serious illness, what about your medical bills? What do you do with the money you owe the bank? What about your child? Without your support, can your family still live a normal life, or have all the debts been repaid, only enough to eat steamed buns, or can’t afford it, and the house is directly mortgaged to the bank? Not very nervous.
Accident Insurance.
Accident insurance is divided into general accident insurance and traffic accident insurance. Imagine if you were suddenly hit by a motorcycle and the owner ran away, what would you do? Or the above question, ask yourself what to do? Still a little nervous thinking about it.
life insurance.
Life insurance is divided into term life insurance and whole life insurance. Term life insurance generally covers 5 to 10 years, and whole life insurance covers the entire life. Everyone must want to live forever, and the insurance company is not stupid. How risky is the whole life insurance! Therefore, whole life insurance is generally more expensive and the insurance coverage is relatively low.
Imagine that you suddenly over fell, or the above problem, ask yourself what to do? In fact, I still recommend young people to buy term life insurance, because after this term, I actually believe that everyone's economic strength is enough to resist this risk. Speaking of this, I will talk a few more words. Many insurances actually have investment functions, but if you only need to calculate carefully, the investment interest rate of insurance will be much lower than that of other investment types, and the protection function will generally decrease. In fact, the guarantee function always costs money, and your dividends are actually the average dividends brought by the extra money you pay each year.
When you are young, because there is no economic basis, you buy more security, and you buy high cost-effective security, so don't use it as an investment. First, you have better access to higher investment rates. Second, the economic foundation is relatively weak when we are young, so we should invest more in the guarantee function.
traffic insurance.
There are three types of traffic insurance: compulsory traffic insurance, third-party liability insurance, and insurance for the car itself. Compulsory insurance is stipulated by the state, so everyone has to be insured, so I won't say much. Third-party liability insurance, as the name suggests, is your responsibility to a third party. For example, if you bump into someone else, what should you do? In fact, compulsory traffic insurance is generally also guaranteed, but there is a limit on the amount, so it is best for beginners to buy this insurance in the first year, and the amount purchased should be higher, because the probability of this kind of thing happening to beginners is higher. The amount is reduced year by year to buy just fine. For the insurance of the car itself, for example, your car has been scratched, the window glass is broken, or similar, the amount of this purchase or whether to buy it mainly depends on the value of the car itself.
In general, who is suitable for buying insurance? poor and middle class. The rich man can keep the risk to himself, because he has enough assets to deal with it. And the poor and the middle class will go bankrupt once they encounter this unexpected situation, which is the big fall we mentioned earlier. What age group is suitable for people to buy insurance, young and middle-aged, young people to work, you need to buy insurance for yourself to protect your parents. Buy insurance in middle age to protect your wife and children. In old age, we often assume that you have enough assets to resist this risk, because the cost of purchasing insurance in old age is getting higher and higher, and it is basically close to your own insurance limit, so buying insurance in this way is actually meaningless. May everyone have a smooth youth and middle age, and a safe old age.