Endowment annuity insurance refers to the insurance that pays the insurance premium on an annual, semi-annual, quarterly or monthly basis on the condition that the insured survives. If the applicant or the insured pays the insurance premium in one lump sum or on schedule, the insurer shall bear the responsibility of paying the annuity on schedule before the death of the insured or the expiration of the time limit stipulated in the insurance contract.
Pensions have three main values.
1, mandatory savings
Insuring old-age insurance can make old people's life economically secure. When people are young, they save idle funds to pay premiums, and when they are old, they can receive a fixed amount of insurance money on schedule.
2, to ensure the basic life
The payment of endowment insurance at different levels in different regions is generally different, but basically you can get basic living expenses after retirement, but you can't even get enough food and clothing.
Step 3 fight inflation
The pension level of the insured after retirement increases with the increase of the wage level of employees. The average salary is rising every year, and so is the pension, because the payment of pension will be linked to the average monthly salary of the previous year. This way, a rising tide lifts all boats and can resist inflation to a certain extent.
Old-age security wealth management products are similar to wealth management products, not investment-linked insurance. Its income is relatively stable and its risk is slightly higher than that of the money fund.
China Life's old-age security management products include China Life Financial Products, China Life Monthly Income, China Life Monthly Income, China Life Monthly Income, China Life Daily Income, China Life Weekly Income and China Life Peace of Mind Income for 360 Days, which are aimed at individual customers. At the same time, it also includes products such as China Life Financial Products, China Life Financial Products, China Life Financial Products and China Life Financial Products for group customers.
Insurance products are the types of products issued, underwritten or managed by insurance companies, and are supervised by the Insurance Regulatory Commission of the Bank of China. Insurance products with investment function include personal old-age security products, wealth management life insurance and insurance asset management products with high purchase threshold.
In the financial field, insurance products have never been "market products" and will not be sought after by people because of the ups and downs of the stock market, so they are also welcomed by sex investors and deserve long-term allocation. It is better to make a long-term layout than to put a moth to the fire. It's time to consider insurance investment products that match the life stage.