Affected by the big environment, everyone turned their attention to financial insurance and wanted to pursue "stable happiness".
First of all, dividend insurance is not an ideal financial product.
One is because the income is low. The other is the high cost of dividend insurance.
Therefore, I don't recommend ordinary people to buy dividend insurance.
I gave a detailed answer in my last article:
Why are the complaints about dividend insurance so high? Unveil the mystery of dividend insurance
The focus of this article is:
Product Structure of Taiping Welfare Health whole life insurance (Dividend-sharing Type)
How to pay dividends?
What exactly is dividend insurance? Is there a pit?
I. Product Structure of Taiping Welfare Health whole life insurance (Dividend Type)
Taiping Welfare and Health whole life insurance (dividend type) is simply an insurance product that pays for life and death. It's a dividend-paying whole life insurance, which pays for serious illness once. The insured is 0-65 years old, and the payment method is annual payment.
From the protection point of view, this product only covers 58 kinds of diseases for serious diseases, and only pays 1 time. For mild diseases, it only protects cancer in situ, and the proportion of compensation is relatively low, and it does not include the exemption of the insured, so the disease protection is insufficient.
Because of the dividend function, the product price is more expensive. The 30-year-old male is insured for 500,000 yuan, and the annual premium is about13,000 yuan.
Although dividends can be paid, but dividends are uncertain, there may be, otherwise it is zero. Ordinary families do not recommend buying dividend insurance. There is no need to spend thousands more for uncertain dividends and increase your payment pressure.
Second, how to pay dividends?
In the previous article, I wrote some questions about dividend insurance, including where the dividends in dividend insurance come from and the misunderstandings. Interested friends can have a look:
Why are the complaints about dividend insurance so high? Unveil the mystery of dividend insurance
Repeated reminder: Be sure to check the product manual before buying dividend-paying products.
As can be seen from the product manual, the dividend sources of Jucaibao are all kinds of fee difference, dead difference income and spread income. Simply put, the death of the insured is less than expected, the operating expenses are less than expected, and the investment income is higher than expected.
Many consumers are interested in this kind of bonus.
But!
Bonus is not guaranteed, and the worst case is not, so be prepared.
Dividend distribution
There are usually two distribution methods:
The first type: cash means giving money directly.
The second type: the amount of insurance. Dividend insurance is also an insurance and guaranteed part. If there is a dividend in that year, the insurance company will pay the dividend by increasing the insured amount, and the customer can only receive it when the claim is settled, the policy expires or the policy is terminated.
Dividend collection method
The first type: cash collection.
The second type: accumulated interest, dividends for the first five years are not collected and kept by the insurance company. At the same time, give a certain amount of interest in return. At the end of the contract, it shall be paid together with the due payment or death payment+bonus+interest.
3. What exactly is dividend insurance? Is there a pit?
Dividend risk has a pit. I've made lists before. Dividend insurance is available in seven giant pits. You also need:
Don't buy seven-point dividend insurance stocks!
Dividend insurance looks particularly perfect and secure, and it can also participate in the company's profit distribution, which is equivalent to buying insurance and managing money.
But in general, this kind of appearance is particularly perfect, which will play a "pit attribute" in the bones, neither comprehensive nor comprehensive, and the income level is also very embarrassing. To take a step back, even if the income of dividend insurance is at a reasonable level, not everyone is suitable for buying dividend insurance.
So ask yourself before you buy it.
1, do a good job in the basic protection of family members
I have always stressed that we must first buy insurance for the economic pillar of our family, and then allocate the protection of other members according to different needs.
2. Do you have the habit of compulsory savings? Do you know anything about financial management?
The liquidity of the funds in the dividend insurance account is not strong, so it is difficult to take out the money in case of emergency.
If you have a wealth management channel that gives consideration to both yield and liquidity, then it is not recommended that you buy dividend insurance.
The cash on hand is enough to spend half a year.
Spare money on hand for six months can be placed in Yu 'ebao or other low-risk and readily available investment channels. Mainly to prevent risks such as sudden unemployment or temporary interruption of income caused by sudden diseases.
Summary:
For example, Taiping Welfare Health whole life insurance (dividend-paying type), this kind of insurance with dividend and serious illness protection, I really don't recommend you to buy it. Friends who are still hesitating can act!
The meaning of buying insurance itself is to resist the risk of serious illness. You can compare other products on the market. As long as the premium budget is halved or even less, you can buy better and more complete products.
Hope to adopt. Good luck.