What is annuity insurance?

Annuity insurance means that the applicant or the insured pays the insurance premium in one lump sum or on schedule, and the insurer pays the insurance premium on an annual, semi-annual, quarterly or monthly basis on the condition that the insured survives until the insured dies or the insurance contract expires.

Simply put, you have invested a sum of money in an insurance company, and in a certain period of time in the future, the insurance company will send you a sum of money regularly, which can be every month, quarter, half a year or every year.

Many people think that annuity insurance is "guaranteed and value-added" and is an excellent insurance product, but this is not the case. Annuity insurance is to use this kind of psychology of consumers to bury one pit after another:

Learn this trick and stay away from the 99% pit of annuity insurance.

Moreover, annuity insurance is an insurance product, but it actually focuses on financial management, not protection, so its applicable population is also very limited:

1, people with a certain economic foundation

This kind of people are relatively free financially, their income channels are not very single, and their investment channels are relatively broad. Buying annuity insurance at this time can increase investment channels and diversify your income channels. On the other hand, you can lock this part of the property as a reserve fund.

2. Elderly people with stable income

The old people here are over 50 years old and have a certain income.

For example, Xiao Ming is 52 years old. He does some business outside and earns a lot of money. Now he has bought all the insurance that suits him, and the bank has saved enough for his pension.

At this time, consider taking out some money to buy annuity insurance.

3. People who intend to leave a sum of money for their children.

Nowadays, many parents will calculate the funds needed to raise a child. Some parents may save the funds their children need in the future (such as buying a car and getting married) first, but they don't want to squander them when their children are young. They hope to have the right to control the funds and give them when they really need them. Annuity insurance is a very good choice.

This kind of education annuity insurance has a special name-education annuity. At present, such products are also popular. You can look at some popular education annuity products at present to prevent them from falling into the pit when you buy them in the future:

Evaluation of 8 education funds with the highest rate of return in 2020! 》