Universal insurance is more complicated. Generally, every premium is deducted from the initial cost before entering the universal account, and the guarantee cost is deducted from the account value every year. We need to pay attention to this. Like harmonious and healthy universal nursing insurance, if you want to insure against the impulse of universal account financing, you may lose more than you gain without considering the advantages and disadvantages of your own nursing protection. For more details about universal insurance, you can read this article: How much can you earn by buying universal insurance? Don't be sold. It was fun.
In fact, if you want to manage your finances, besides universal insurance, you can also consider increasing whole life insurance. Incremental whole life insurance is a kind of life insurance, which is suitable for high-net-worth people who have spare money for financial management. Safety+financial management? The protection content of dual roles is generally death/total disability insurance. Whole life insurance should also pay attention to IRR for the increase of insurance coverage. At present, the internal rate of return of good products on the market will be infinitely close to 3.5%. Friends who have financial ideas can also read this article: What is the difference between dividend insurance, universal insurance and increased whole life insurance financial insurance? Which is the most cost-effective?
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