Should I buy savings insurance? What should I pay attention to when buying savings insurance for my parents?

Nowadays, more and more people will consult the insurance problems of middle-aged and elderly people. Why is the demand for old-age insurance getting higher and higher, and more and more people are consulting? Mainly influenced by social factors and family factors. China's aging population is becoming more and more serious, and the proportion of middle-aged and elderly people is increasing year by year. Many people are beginning to realize the importance of insurance. In addition, most of them are only children, and the work pressure is great. Many people have no time to care for and take care of the elderly, who are at high risk. Therefore, they want to pass on the risks to insurance companies by buying insurance, so that the elderly can have more protection in their later years, and at the same time, they also show their children's care for their parents. In addition to common critical illness insurance, accident insurance, medical insurance, etc. You can also buy savings insurance for your parents. Which insurance company is stronger? I just sorted out the relevant content, hoping to help you: the latest list! Top Ten Insurance Companies in China

1. What is savings insurance?

The so-called savings insurance means that the money paid after the insurance payment period ends is returned to the insured by the insurance company in other ways, such as endowment insurance. Savings generally include life-long and fixed-term savings.

Lifetime: If the insured has paid the premium for 20 years, the insurance contract will take effect from the moment the insurance company receives the premium from the insured until the insured dies or proposes to terminate the contract. At the same time, this insurance contract is also a savings account. The money paid by the insured over the years will be deposited in the account after deducting the handling fee, which can be taken out regularly or irregularly. How about PICC insurance? I just sorted out the relevant contents, hoping to help you: How is PICC China? Do you have any insurance recommendations?

Duration: For example, if the insured pays the premium for 20 years, the contract will only be valid for these 20 years. After 20 years, the contract was terminated. If there is an agreement in the contract, the applicant shall be given the original money or the insurance amount specified in the contract. How to buy critical illness insurance? I just sorted out the relevant contents about choosing the term or life, hoping to help you: the term of critical illness insurance VS life, how to choose?

Generally speaking, there are many life-long savings insurance, most of which are mainly for the aged.

Second, how to choose old-age savings insurance?

Pay special attention to the age limit when buying savings insurance for the elderly. Take savings health insurance as an example. Generally speaking, it is not cost-effective for the elderly over 60 to buy savings health insurance, not only the premium is upside down, but also the risk of refusing insurance. It is recommended to buy consumer health insurance specially designed for the elderly. This kind of insurance is cheap and comprehensive, which can improve the multiple health protection of the elderly, such as serious illness and hospitalization, and has high cost performance. For the elderly under the age of 60, if financial resources permit, they can buy savings health insurance. When buying, you need to specify the return period, which should be around 70 years old, because the return period is too late and has little practical significance.

When insuring the elderly at home, it is recommended to give priority to the health protection of the elderly, followed by the question of how much benefit. If the economy is relatively affluent, you can choose savings insurance.