It is impossible to prevent deposits from becoming insurance policies. How to polish your eyes and recognize your true colors?

Speaking of changing deposits into insurance policies, I've only seen them online before, and I think it's quite far from me. As a result, my niece told me last month that she and her father went to the bank to deposit a five-year deposit. After returning home, my cousin received a text message, prompting her to buy insurance from a company.

My niece said it was strange how a time deposit became insurance. I won't know until I ask. When I was doing business, the bank staff asked them, will this money be used in these five years? They said no and heard about insurance, but they didn't remember to buy insurance until they sent a text message at home.

Fortunately, I was still hesitating, so I asked them to return it to the bank. How can I avoid such a situation when I go to the bank to handle business?

Bank wealth management products and deposits are all paid in one lump sum, while insurance is paid in installments and in one lump sum.

Some insurance products have an age limit, generally no more than 60 years old, while bank wealth management products or deposits have no age limit.

Insurance products are greatly influenced by the market, even dividend insurance may not be divided, and there are many uncertainties in income; Bank time deposit is a kind of guaranteed income. If the interest rate for one year is 2. 1%, you will definitely get this interest after one year.

The general hesitation period of insurance products is 10 day. If you find that you bought the wrong product during the hesitation period, you can surrender your insurance. As long as you pay the cost, the principal will not be lost.

There is no hesitation period for bank deposits. If something is taken out before the time deposit expires, the principal will not be lost and the current interest will be earned.

Generally speaking, the most important thing is that when you go to the bank to handle business, you must see clearly what business you are handling when signing. It will take a few minutes. If you don't understand, ask the staff and sign after you understand the business.

The way to prevent deposits from becoming insurance policies is simple; As long as you open your eyes and read the documents clearly, no one can fool you. Unless you are illiterate, deposits and insurance documents are written clearly in black and white.

It is said that when some depositors go to the bank to deposit money, they will be warmly received by the "bank" staff and recommend hot-selling wealth management products to depositors. It is said to be a product with high bank income and low risk, which is much more cost-effective than regular deposit in the bank.

So credulous depositors discovered afterwards that this is neither a bank deposit nor a wealth management product, but an insurance company's policy. And the term is very long, and some insurance products last for more than ten years.

Although the bank staff here bear the primary responsibility, the depositors themselves bear the secondary responsibility. In addition to the obvious difference between deposit documents and insurance documents, the policy also needs the signature of the insured; The signature place is clearly written, which can completely identify the nature of the product at a glance.

I have written a lot of insurance questions and answers, and found that some sprayers who slandered insurance companies did not read the "instructions" of insurance products carefully at all, and were refused compensation because they did not meet the insurance terms after the accident. In this regard, the reason for the sprayers is that it is "too dark" to see clearly when signing the bill. Then all the banks are brightly lit, and you can see the contents of the document clearly.

If the depositor is sure that he was misled by the bank staff and turned the bank deposit into insurance, he can complain to the insurance company. Did the depositor personally sign the policy receipt when he got the policy contract? If you don't sign, you can choose to hesitate to surrender.

Insurance has a ten-day hesitation period, and it can be surrendered free of charge, that is, depositors return home to find that their deposits have become insurance policies, and there is enough room for recovery. If the file is too small, please ask the young people at home to help check it.

If depositors grab their eyebrows and beards, look at nothing and miss the opportunity to correct them, they can only admit that they are unlucky. Remember, investment and financial management is empty, but seeing is believing.

For the vast number of depositors, everyone needs to know and be familiar with it, because at present, not only small banks sell insurance wealth management products, but also state-owned banks and large joint-stock commercial banks sell insurance wealth management products. I believe that many depositors have encountered similar situations when handling time deposits in banks, so how can we depositors prevent deposits from becoming insurance wealth management products? Here I will talk in detail about how to prevent deposits from becoming insurance, how to deal with and solve them if they have subscribed, and what are the shortcomings of insurance wealth management products.

In the process of selling pink insurance wealth management products, individual banks or insurance salesmen promote such products under the banner of guaranteed income. Here, we tell you that all insurance wealth management products have no guaranteed principal and interest, because after the implementation of the new asset management regulations in April 2065438+2008, only the general deposit products of banks guaranteed by the deposit insurance regulations have no guaranteed principal and interest.

Summary: For those who simply want to increase interest income for financial management, there is not too high selectivity in choosing insurance financial products, because there is no guarantee of principal and interest, poor flexibility and uncertain yield. If you want a guarantee and a certain dividend income, you can choose some insurance products with higher protection and more dividends.

It is relatively easy to prevent deposits from becoming insurance. When we meet a bank with high interest rate or go to the bank to handle deposit business, we can't see that a product has a higher yield, so we blindly follow the trend to handle some deposit business. We need to ask the bank staff first, hoping to explain and introduce the deposit products we choose in detail.

Remember: When handling bank deposits, you must remember to handle general bank deposit products protected by the Deposit Insurance Regulations. There is no need to sign any agreements and contracts in the process, and there is no need to open a third-party fund custody service. If you need to go through these procedures in the process of handling bank deposits, you must pay more attention, because most of them are insurance wealth management products.

How to solve this problem mainly depends on the subscription time. If you just subscribed for less than 15 days (hesitation period), you can go directly to the bank to find the salesperson who was selling insurance wealth management products at that time and apply for surrender directly. At this time, applying for surrender is a full refund.

If it is found to be an insurance wealth management product after the hesitation period, the depositor will refund the fee according to the cash value table of the insurance product at the time of applying for surrender, which has a great impact on the deposit principal. In the case that depositors voluntarily subscribe for insurance wealth management products, they can only accept the loss of early surrender! Insurance wealth management products that are misled by bank staff unwittingly can be handled with the staff who sell the products before applying for surrender. If they refuse to make up for our losses, depositors can report or feedback their problems to the central bank and the China Banking Regulatory Commission to help us reduce our losses.

To sum up: depositors who can accept insurance wealth management products, have poor flexibility and uncertain returns can also match some according to their own conditions. How to prevent deposits from becoming insurance? When handling bank deposits, especially older depositors, we must remember that general bank deposit products do not need to sign any agreements and contracts, nor do they need to open third-party fund custody services. It is suggested to stop handling deposit products (mostly insurance wealth management products) that need to go through such procedures.

I usually pay more attention to financial management cases and find that deposits have become insurance policies. Many online reports occurred in a savings bank, and most of them were small outlets, indicating that the bank has more bancassurance products and some outlets are not standardized.

From the investor's point of view, as long as it is not fooled by the salesman's rhetoric, the deposit-to-insurance policy is easy to identify and will not be impossible to prevent. These two products are still very easy to compare.

The difference between the two is mainly manifested in the following aspects:

When we deposit money in the bank, we only need to fill in the deposit slip. Even in many banks now, we don't even need to fill out a deposit slip, just sign the receipt.

If you buy a bancassurance product, the bank should provide you with a product manual to tell you the risks and benefits of the investment. Need to sign a product purchase contract, and some even need audio and video recording.

In this regard, you only need to compare the degree of cumbersome procedures to tell.

When handling bank deposits, as long as the deposit interest rate is determined, the floating interest rate of bank deposits is in advance and will not float when settlement is made. For example, the one-year deposit rate is 1.5%, and the floating rate of 20% is 1.8%. After you deposit, the interest rate is 1.8%, and the annual interest rate is fixed.

Bancassurance products are generally financial products with floating income. They will give you a reference rate of return, such as 1.8%. You just need to confirm with the staff whether this 1.8% is fixed.

In addition, if it is an insurance policy, the bank staff will tell you that there are life insurance clauses, but bank deposits cannot have any life insurance functions.

Therefore, you only need to compare the investment income with the safeguard measures to make a difference.

Bank deposits can be withdrawn on demand, and time deposits are generally divided into 1 month, 3 months, 6 months, 1 year, 2 years, 3 years and 5 years. Bank deposits can be withdrawn in advance, and demand deposits pay interest in advance.

Banking and insurance financial products are generally products with a term of more than one year, long-term products with a term of more than five years, and even some products that have been continuously invested for many years. Although similar to time deposits, most of them are different.

Generally speaking, bancassurance wealth management products have a closed period and cannot be withdrawn in advance. Even if a part can be withdrawn in advance, there will be interest and possibly a handling fee, so we can distinguish between early withdrawal and investment time.

It is nothing new to change a deposit into an insurance policy. In the past, many people suffered in this respect, and most of them suffered from the elderly. In order to prevent the incident of changing deposits into insurance policies from happening again, everyone must keep their eyes open and recognize their true colors. Whether to apply for a deposit or an insurance policy can be distinguished according to the following aspects.

The first method: read the signed contract carefully.

Banks usually sign electronic contracts for deposits, but if it is a policy contract, it is usually a paper contract. The difference here is very big, and it is easy to distinguish from it in this respect.

Secondly, when signing a contract, we must clearly understand the contract and grasp the key points to see whether it is a deposit contract or an insurance contract. The contract is clearly written in black and white. As long as you are not illiterate, you can tell whether the signed contract is a deposit contract or an insurance company contract.

Remind everyone again that you must look at the contract for bank deposits and don't blindly sign it. Many people don't understand the contract at all, so they sign it with a pen. In this case, the deposit can only be blamed on their carelessness.

The second method: distinguish from the risk level.

I believe that anyone who knows a little about financial management knows a feature. Financial products initiated by any financial company have a risk level, and the risk level is R 1~R5. The higher the level, the greater the risk.

Therefore, we can distinguish the event of changing deposits into insurance policies from this feature. If you handle bank deposits, there is no risk rating, and bank deposits are a kind of capital preservation and interest protection, so there will be no risk rating, so we can distinguish between deposits and insurance policies from this point.

Insurance policies also have risk levels. In fact, the insurance policy is generally a financial product of insurance companies, and it is also risky. Sometimes bank staff just introduce good products to customers, and some risks are hidden, which leads many customers to buy insurance policies without knowing it, only to find out later.

The third method: distinguish from the time limit.

The term of bank deposits is divided into nine categories, namely 1 month, 3 months, 6 months, 9 months, 1 year, 18 months, 2 years, 3 years, 5 years, etc. This is the term of bank deposit, and depositors can choose by themselves. There are different deposit interest rates for different terms.

Different wealth management products, the term of wealth management is more complicated than the term of deposit. Usually, the short-term financing term is 1 day, 2 days, 3 days, 7 days, 14 days, 28 days, 60 days, 9 1 day, 18 1 day, and of course 1 day.

So, of course, it can be distinguished from the term, whether to apply for a deposit or an insurance policy. Insurance policy is also a kind of financial management of insurance companies. Of course, there is a certain maturity for everyone to choose from. When choosing a term, we should pay attention to the scope of the term. The term of deposit and the term of insurance policy are different.

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Three methods are recommended above. From these three methods, you can tell whether it is a deposit or a certificate of deposit. It can be distinguished according to the specific situation. You must be careful about the change of deposit into insurance policy. Can't completely listen to the staff. The contract must be based on the specific contract signed. This contract has legal effect. If you sign a policy contract, you can only eat it yourself, and the loss can only be borne by yourself.

Don't worry if you really encounter an event in which your deposit becomes an insurance policy. You should handle it appropriately according to different situations.

Policy usually has a process, which is generally divided into blank period, hesitation period, waiting period, grace period, deductible period, policy expiration and other stages.

Therefore, if your deposit is changed into an insurance policy, if it can be found in time, it is best to surrender it in time, especially during the hesitation period, that is, you can unconditionally surrender it within 15 days of applying for an insurance policy. There is no loss in surrendering at this stage, so early detection of early surrender will be dealt with.

Of course, it will be more troublesome if you surrender your insurance after the hesitation period. Once you surrender after entering the waiting period, it is a breach of contract. As long as you pay the penalty, the investor will definitely lose money, or choose to continue to buy the policy until the income is settled after the policy expires, so there may be no loss.

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Based on the above analysis of the deposit-to-policy event, this paper gives three ways to distinguish the deposit-to-policy event, and also analyzes the handling methods of this kind of thing; This knowledge is very valuable. I suggest you read it carefully. When you encounter this kind of thing, you will know how to deal with it at the first time, so beware of being cheated.

Some salespeople in banking channels are indeed suspected of misleading consumers. As an insurance practitioner, let me talk about why this happens and how to avoid it.

Under normal circumstances, banks have special salespeople waiting in bank stores, and after taking a fancy to some potential customers, they push insurance products forward and deliberately confuse them with bank wealth management products.

Deposits become insurance policies, mainly dividend insurance and universal insurance. In China Banking Regulatory Commission and China, when "protecting the supervisor's surname" was emphasized a few years ago, dividend insurance and universal insurance became popular, and a large part of insurance companies' premiums came from this.

What is universal insurance? Theoretically, like traditional life insurance, it can not only protect life insurance, but also allow customers to directly participate in the investment activities of funds in the investment account set up by insurance companies for the insured. The value of the policy is linked to the fund performance in the investment account of the insured operated independently by the insurance company. In other words, it has both insurance and investment. Some people say, isn't that great? How good it is for consumption. But in fact, many consumers don't understand that the essence of universal insurance is a kind of insurance, which has the responsibility of protection, and the investment income is only its side effect. Of course, for their own benefit, salespeople exaggerate the yield of universal insurance, and often wait at bank outlets, claiming that their average annualized income is higher than bank deposits, and many people buy it irrationally. The concepts of dividend insurance and universal insurance are slightly different, but the misleading to consumers is the same.

Since it is insurance, it must have cash value. In a certain period of time, the cash value is relatively low. If consumers withdraw money in advance, they may not be able to cover the premiums paid, resulting in losses.

After cleaning up the traps that may be cheated, you can be targeted.

Ask the counter staff at the bank first. Attention, it is the counter staff who ask deposit interest rate. After asking clearly, you explicitly said that you want to deposit money and nothing else. Avoid being promoted by other idle people

Second, observe the number of materials signed. Insurance products must have insurance contracts, agreements and power of attorney. , which is more complicated than handling general deposit business. Generally speaking, deposits only need to be signed on one document, while insurance has a lot to sign. At this time, we must be vigilant.

Third, see if the title of the signature material is "XX deposit business". If not, ask the counter staff or refuse the visa.

Fourthly, if it is found afterwards that the retention notice is an insurance product, it is better to mend it after it is late: take advantage of the hesitation period of 18 days or 15 days of the insurance product and ask for unconditional surrender. No matter what the people in the insurance company say, ask for surrender directly. If you surrender during the hesitation period, you only need to pay the fee of 10 yuan, and the rest of the funds will be returned in full. But if it is discovered after a period of hesitation, it can't be handled.

It often happens that deposits become insurance policies, but from the perspective of supervision, it is really difficult to identify and supervise. For depositors, only by keeping their eyes open and thinking carefully from the perspective of common sense can we avoid such deception.

1. Pay attention to the expression and recommendation of bank staff. When depositors go to the bank for deposit procedures, if the bank staff take the initiative to recommend a certain product and refuse it at the first time, they will keep repeating your requirements, such as saving this 500,000 yuan for a three-year term and repeatedly saying that nothing else should be done. The special interest rate is significantly higher than the recommendation of bank deposits in the same period. To put it another way, bank staff face the same thing almost every day, the same business, and if they have no special interest, it is useless to miss you.

2. Pay attention to the official seal of the contract or agreement signed by the other party in the bank. If it is insurance, you will definitely see the last page. The lower left corner is not the official seal of the relevant insurance company. If it is a bank, it is the official seal of a bank over there. The bank's business vouchers are all in a unified format, and the official seals are all stamped in advance. The handling personnel only need to affix the seal of the handling personnel.

3. Verify whether the personnel handling the business are bank employees. Don't listen to the recommendation of the floating staff in the hall and don't let them handle business. At present, the bank lobby has been contracted by employees of insurance companies, securities companies and even fund companies.

If the deposit becomes an insurance policy, please go to the bank to surrender it as soon as possible. Generally speaking, the insured has a 15-day hesitation period after purchasing insurance, and the surrender is free during the hesitation period. If the hesitation period exceeds 15 days, it shall bear the penalty for surrender.

Finally, in the choice of banks, it is best to choose the four major state-owned banks for deposits. Don't be fooled into small and medium-sized banks for a little advantage, and deposit-changing policies often happen to the elderly, and young children have time to accompany the elderly to handle business. This is the safest.

It is not often that deposits are changed into insurance policies. Mainly those salesmen who sell insurance do some targeted sales to some elderly depositors.

There is nothing special to guard against this, one is not greedy, and the other is not sympathetic.

Old depositors' deposits in banks can easily become the "precise target" of insurance salesmen. Those salesmen made up the insurance policy with their own glib descriptions. Some old people, seeing the high income of the policy, did not know that it was not a bank deposit, so they bought the policy for petty gain. Mainly because I didn't understand, and then I was a little greedy and got caught.

Some old people, seeing how hard it is to sell insurance, suddenly felt sympathy and bought insurance policies.

Tricks like this are really hard to prevent. Salespeople know human nature very well. In the process of communicating with the elderly, they will gradually understand their weaknesses and pay attention to "public relations", so there will be news that the elderly have been "recruited" from time to time. But this phenomenon is not common.

There is indeed a trick to "polish your eyes and recognize your true colors", but it really doesn't. You can't let old people learn insurance, savings or anything. Some old people don't want to know this knowledge at all. It may be thankless.

To avoid this kind of thing, take time to accompany the elderly to the bank, or simply deposit money for the elderly. The problem is that the old people in your family should believe that you will not "take it for yourself"; Besides, you have to have time to go to the bank to do this.

To be honest, the probability that a deposit becomes an insurance policy is not great. In the past, the main reason why deposits were changed into insurance policies was that banks accepted insurance policies from insurance companies, which gave banks a large commission, so bank staff would strongly recommend insurance companies' wealth management products. At the same time, in the eyes of bank staff, dividend insurance and certificates of deposit are almost rare. Dividend insurance only gives depositors an extra guarantee. Dividend insurance usually has a high yield and is more attractive.

However, due to the frequent occurrence of this situation in the Postal Savings Bank, now the elderly are literate, so the probability of deposit certificates becoming insurance is getting smaller and smaller. So how to prevent deposits from becoming insurance policies? First, when you deposit money in the bank, you always take a deposit receipt. If it is the receipt of the insurance policy, you can report this salesman, because you obviously want to save money, how can it become an insurance policy?

Second, usually the interest rate given by bank deposits is not high, and the three-year deposit certificate is about 4%, while the dividend insurance of insurance companies may have to reach a yield of 5-6%, so the elderly only need to follow the deposit interest rate given by banks. Don't covet too high interest. This can avoid buying insurance policies by mistake.

Third, even if the elderly mistakenly buy the dividend insurance of the insurance company, there is still a hesitation period of 15 days. After the old man has bought the certificate of deposit, he should always show it to his family. If the family finds that the certificate of deposit has changed into a policy, they can also go to the bank to find the salesman's theory and ask for withdrawal.

Most of the things that change deposits into insurance policies happen to the elderly. If you were young, you wouldn't have such a problem. Let me sum up a few things about how to identify deposits as insurance policies and see if what I said makes sense.

First, listen to the staff. If they say, look, this product is much better than bank deposits, if they hear this, they should be on their guard. Obviously, it is "much better than deposit", and this is not a deposit. If you save money, people won't say that. Since it is not a deposit, in addition to financial management, it is insurance.

The second is to look at the procedures for handling business. If it is a deposit, the bank will either deposit the time deposit directly into your bank card, or directly open a passbook or deposit certificate, and will not let you sign a contract or agreement. The deposit is simple, but the insurance process is complicated. It depends on the receipt. The receipt clearly States whether it is a deposit or not. Deposits have names, whether they are time certificates of deposit or large certificates of deposit. You can tell what it is at a glance. Then look at what deposits are posted on the bank wall or played on the big screen, and check them. If you don't understand, ask the bank lobby manager to find out and help confirm.

The third is to go home and give the deposit slip or passbook to your family. When the elderly go home, it is best to give the deposit slip or passbook to their children or wives. Some old people don't like their children to know that they have money, which has both advantages and disadvantages. The advantage is that they finally know that they have been cheated.

Fourth, don't have the psychology of taking advantage. In fact, sometimes, the elderly do not necessarily believe that this is a deposit before buying it. Part of the reason is that I was moved by hearing the staff say how high the interest rate is. I bought it when I knew it was insurance. So, be determined to tell yourself that I'm here to save money. As long as you know it's not a deposit, don't buy it. It's better to ask your family first.