Old-age security (universal) bought in 2006. Please introduce this insurance in detail.

Universal insurance includes the universal insurance of all insurance companies, which is divided into two parts: timely payment and supplementary payment. The supplementary payment has a certain percentage of rewards, all of which are lifelong payment, without payment for 3 years or 10 years.

The minimum guaranteed annual interest rate is only a reference data. Everything is subject to actual profit, and serious illness is attached to the main insurance.

Talk more about universal insurance. Universal insurance has been heated up in various media. Is universal insurance really omnipotent? Is it really what it says? Does it mean that insurance payment is flexible and can be paid in three to five years? For insurance, there is no such thing. Why?

In other words, if the payment is flexible, it is not insurance, but should be called saving money. Save it if you want, save it for three years, and save it for five years. This is called flexibility. As you know, there is no free lunch in society now.

I've also heard of the freedom to quit. For example, if you have deposited money in the bank for five years, you certainly have the right to withdraw it in advance. This is the freedom of withdrawal, but your interest can only be calculated according to the current interest rate, which is the loss I bear. The collection of insurance is completely different from that of banks.

Universal insurance, if there is a lot of money, can be considered; If not, it is recommended to be cautious, otherwise it will be said that "insurance is deceptive" in the end.

Extended data:

Types of universal insurance

There are generally three kinds of universal insurance design: insurance premium+investment account value, insurance premium and account value × coefficient, whichever is higher, and insurance premium or account value × coefficient. Different coverage designs result in different types of products:

Heavy support type

High insurance coverage, high early deduction fee, low investment account funds, and large loss of early surrender. For example, Sino-British Life Insurance's "Golden Pineapple B" covers 50 times of the premium, and the first deduction is as high as 65%, which is suitable for young and middle-aged people who have no other risk protection, but have certain awareness and ability to bear investment risks, but must ensure long-term holding.

Investment oriented

Low insurance coverage, less initial deduction, more funds in the investment account, and less surrender loss.

Baidu encyclopedia-universal insurance