Jin Yue healthy housekeeper

Hello! This girl should carefully consider buying universal insurance, because you don't understand the corresponding deduction, then you don't understand the protection. Advantages and disadvantages of universal insurance 1. Advantages of universal life insurance: the payment period is flexible. If the payment cannot be continued due to economic reasons, the payment can be suspended without affecting the guarantee function of the contract; Security can be adjusted at any time, according to the severity of family responsibilities in different periods, and according to the needs of different periods, part of the account value can be used as education, pension and other expenses. 2. Disadvantages of universal insurance: The payback period of universal insurance is long, generally more than 20 years. Compared with traditional life insurance and term life insurance, universal insurance has more investment, but less protection and lower cost performance. Because the payment period is flexible and the renewal rate is very low, it is impossible to force savings. In addition, people who expect universal insurance to bring higher income are not suitable for buying, because the yield higher than the guaranteed income is uncertain. In addition, there are initial expenses, safety management fees and risk protection fees in the deduction of universal insurance, of which the initial expenses are deducted during the payment period. If you don't pay, the initial expenses will not be deducted, but the safety management fee will be deducted for life, and the deduction of risk protection fee will increase year by year with the age of the insured. Therefore, for universal insurance, first find out what protection you want to achieve before buying. Clear consumption. In addition, you are welcome to learn more about China Life's products!