Insurance details [transfer]

Basic principles: For ordinary people, insurance is primarily a protection, not an investment. The most cost-effective is consumer insurance, that is, no return, no dividends, and insurance premiums are consumed. As for investment-type insurance, unless there is a need for tax avoidance or property division/preservation, it is not necessary, and you will earn more if you buy a debt fund yourself.

Life Insurance: Lifetime is not necessary. The principle is that the amount insured can be increased as much as the obligation to the family, and the obligation can be covered as long as possible. The top pillar of the family is recommended. For example, you are 30 years old and your child is 2 years old. Then generally when your child graduates from college and becomes an adult, around the age of 22, you need to take responsibility for the family for 20 years. This insurance is to ensure that when you burp, the family can still get a sum of money to pay off the mortgage (to prevent the house from being confiscated by the bank), and a little money to allow the children to continue their education. It is not because these two main expenses will cause your wife and children to live in poverty. There are multiple algorithms for the premium, which can estimate the child's education costs for 20 years, as well as the outstanding balance of the mortgage.

Life insurance does not have to be life-long. After 20 years, the child will work independently, and the general mortgage will be almost repaid. The family also has some savings for emergencies, and the daughter-in-law will retire after working for another 10 years. Then at this time you burp the fart, whether there is a premium or not is of little significance. Of course, if you have money, you can do it for life.

Critical illness insurance is theoretically the best for life, but now general insurance companies do not give lifelong critical illness insurance alone. It must be combined with life insurance, whole life insurance + lifetime critical illness, or term life insurance + regular critical illness, evaluate, or Term life insurance plus regular critical illness is good. Also 20 years. There is a saying that if those diseases that have serious risks are in a hospital covered by medical insurance, if they cannot be cured by 500,000, they will die. So it's almost the same as 500,000. Of course, if you don't worry, you can get 1 million.

However, the combination of term life insurance + term critical illness, in case of a serious illness, if you die, the life insurance will only accompany the life insurance coverage - the critical illness coverage. Years, dead, so life insurance can not accompany much. So life insurance is a little more than a serious illness.

You don't have to buy long-term accident insurance, you can buy it once a year, which is cheap.

If you can buy online, do it online as much as possible. A large portion of the premium goes to the insurance agent. You are not a high-income group, and you still enjoy the services of an insurance agent?

Xinhua has a product sold online, 2 million life insurance + 1 million serious illness, 20 years, 13,000 per year. Roughly the same thing, if Ping An uses an agent, it costs 30,000-40,000. . . .