Disadvantages of buying insurance

The disadvantage of buying insurance is that the premium of insurance products will generally be higher, which will cause certain economic pressure to people with insufficient economic budget, and buying insurance to surrender will also cause certain losses.

However, the advantages of buying insurance definitely outweigh the disadvantages. This article will give you a detailed science popularization. Before that, I suggest you get familiar with the relevant knowledge of insurance: super full! Everything you want to know about insurance is here.

Let's talk about the disadvantages of buying insurance. Let's take critical illness insurance as an example. As we all know, the premium of critical illness insurance is much more expensive than general insurance products, which will cause greater pressure on consumers than other insurances.

For example, for a critical illness insurance, the annual premium is about 6.5438+0 million, so for those with sufficient economic budget, the pressure of payment is not so great, but for those with insufficient budget, the annual pressure of payment is great.

Moreover, if you choose to surrender your insurance due to excessive payment pressure during the guarantee period, then the premium is equivalent to nothing, and the insurance company may not refund all the premiums paid, which is definitely a loss for consumers.

However, not all critical illness insurance is so expensive. I have sorted out all the critical illness insurance with good quality and low price here: the top ten critical illness insurance with good quality and low price.

Everything has two sides. Although buying insurance has disadvantages, it is definitely beneficial, and the advantages outweigh the disadvantages.

The biggest use of insurance is to transfer economic risks. If you buy insurance, you can get a guarantee, which can transfer the economic risks caused by diseases or accidents and transfer the economic risks and unexpected losses to insurance companies.

I don't know which comes first, tomorrow or the accident. Buying insurance is equivalent to reserving a back road for yourself to transfer risks. The importance is self-evident.

However, there are skills to follow in how to buy insurance. For details, please see here: What kind of insurance is better? How to buy a good deal? Don't step on these pits!

Hope to adopt

The same number on the whole network: Xueba said insurance, welcome to search!