As two kinds of insurance which are hot recently, they are short-term payment and regular rebate at first, but in fact, they are quite different in various aspects. Is annuity insurance dividend type guaranteed? What is the difference between annuity insurance and dividend insurance? Today, Sihai Xiaobian takes you to see their similarities and differences.
The first priority is to protect life
Annuity insurance, first of all, is a kind of life insurance. It takes the existence of the insured as the condition, and pays the survival insurance benefits to the beneficiary for a certain period of time, such as every year or half a year. This kind of insurance can be roughly divided into two categories: pension insurance and education annuity insurance. However, if we hear the abbreviation of 'annuity insurance' in the market, most of them refer to pension insurance, which is also what the treasurer is going to talk about today.
The dividend insurance is a new type of life insurance, which takes the life of the insured as the insurance subject, and the insurance company will pay the beneficiary the operating surplus in a certain proportion.
Schrodinger's dividend
Annuity insurance and dividend insurance as two major financial insurance generals, we are most concerned about their income and 'rebate' way.
Annuity insurance is divided into fixed-term insurance and life-long insurance. Most of the insured are beneficiaries. After several years of continuous premium payment, when they reach a certain age, they can receive insurance money monthly or annually until the contract expires or dies. For example, a 40 year old Mr. a insured himself a certain 20-year annuity insurance, paying an annual premium of 30000 yuan for 10 consecutive years. When Mr. a turns into uncle a (60 years old), he starts to receive an annuity of more than 20000 yuan a year until he is 80 years old.
Seeing this, I believe some people are puzzled: if you don't reach the age of receiving the insurance, the insured will not be there. Isn't it a loss of both people and money, and the family will suffer a double blow? Don't worry, under normal circumstances, the insurance company will compensate the insured or the beneficiary of the death (of course, this sum of money certainly can't compare with the accumulated insurance benefit that the insured can get when he is still alive, but it's better than talking about it None).
Dividend insurance also needs to pay continuously for many years, but different from annuity insurance, the so-called dividend may not necessarily be cash that can be withdrawn. If the dividend method is increased bonus, it can only be used to increase the insured amount or reduce the premium. Even some bonus insurance dividends can only be obtained when the insurance policy expires.
The advantage of saving cash is that it can save money in cash. It is not clear what the benefits of compulsory savings will be. Due to the uncertainty of dividend rate, the income may not be as good as the interest of fixed deposit. Therefore, the dividend insurance, which seems to be full of financial management nature, actually pays more attention to protection, and the income is only an additional attribute.
When the insured dies unfortunately, the deceased beneficiary will receive the agreed amount of insurance and the accumulated bonus and interest not received at the time of insurance. (in the case of fixed-term bonus insurance, the insured can receive the agreed amount of insurance and the accumulated bonus and interest not received after the expiration of the contract. )
What risks should be prevented?
From the operation and 'rebate' mode, it is not difficult to see that annuity insurance is an economic reserve carried out in advance to prevent the insured from having a long life span and may not have enough living expenses. It pays attention to the interests of the insured. Some annuity insurance pays incremental annuity, the longer you live, the more you get. For example, uncle a has just started to receive insurance benefits this year. His annuity is 20000 yuan. Next year's annuity will be increased by 5% on the basis of this year, and so on. This type of annuity insurance can prevent the risk of inflation and price rise to a limited extent.
Dividend insurance, is to avoid premature death and loss of income sources, to provide economic compensation for beneficiaries. Some bonus insurance will add accident insurance and serious illness insurance, but the additional insurance is often more chicken ribs, the amount of insurance is low. If the insured want to be protected, they should buy separate accident insurance and serious illness insurance.
In addition, the treasurer would like to say that the moral hazard of these two kinds of insurance is quite small. The original intention of financial insurance design is to pay in the medium and long term and make profits in the later period. Annuity insurance and dividend insurance both have the meaning of compulsory saving, and the longer the life of the insured, the higher the income. This greatly reduces the possibility of insurance fraud.
Who is suitable for annuity insurance?
To insure annuity insurance, one-time single payment or continuous payment of high premium for 5 years, 10 years or even 20 years is required, and there is a great loss in midway surrender. Therefore, annuity insurance is especially suitable for people with stable income and a lot of idle funds, but they are afraid of spending too much money and can not save pension money. If the body is healthy, the elderly in the family also generally live a long life, then you can choose to take out life annuity insurance for yourself.
Who is not suitable for participating insurance?
After thinking about it, it is difficult to sum up what kind of person is suitable for purchasing dividend insurance. Let's talk about who is not suitable for participating in the insurance.
First of all, the single person does not need to take out bonus insurance. It is better to take out serious illness insurance and accident insurance.
Moreover, like annuity insurance, dividend insurance also requires policyholders to pay high premiums for many years. Therefore, people with unstable income or large expenses in the process are not suitable for participating in the insurance. In addition, the elderly are not suitable for such insurance. Although it is life insurance, the original intention of choosing dividend life insurance is to earn dividend income. The earlier the payment and the longer the life, the higher the income.
Well, after reading this article, I believe you have a certain understanding of annuity insurance and dividend insurance, and have successfully evolved from 'Xiaobai' to 'Dabai'. However, insurance products are updated and iterated quickly. There are many types of annuity insurance and dividend insurance. Various types of Portfolio Insurance (such as dividend type annuity insurance) on the market are constantly coming out. The king of the Treasury can't give you a detailed description. Therefore, when you buy annuity insurance or dividend insurance, you should carefully read the insurance terms, and don't be fooled into buying the wrong one after another Suitable products.