The meaning and function of insurance 1

Insurance is:

※Use everyone’s strength to prevent life-long risks at the lowest cost

※Semi-forced savings and guaranteed long-term best interest rates

※Help us bear the burden of our family and children with a negligible investment

※Ensure future retirement life and medical expenses

※The cash value of the policy can be flexibly loaned or withdrawn

※Tax saving and ensuring the complete transfer of assets to the next generation

※Dignity at the end of personal life Guarantee

No better system can replace it in more than 200 years! There is no way we can replace it ourselves!

What is insurance used for? (Risk and Insurance)

Insurance does not guarantee that risks will not occur, but provides help and support when risks occur.

With the progress of society and economic development, people's ability to resist risks has greatly improved. The basic principle of insurance is to accumulate the financial resources of tens of millions of people and form a large group to resist and resolve risks. In this large group, everyone is a giver, but at the same time, he is also a beneficiary. Through your efforts, you can receive timely assistance when you encounter an accident. This is the basic function of insurance.

Insurance is like a parachute on an airplane. Although it may not be useful, this protection is real.

What is life insurance?

First, it is mutual aid: People who have donated blood must know that after donating blood for a certain number of times, blood can be exchanged for emergency use, and can even be used by families. The 250CC of blood we usually donate, It will not cause physical problems, but it can save us from the panic of running out of blood. Donating blood saves others and ourselves.

Second, it is to prepare in advance and prepare for a rainy day: when summer is coming, that is, when typhoons are prevalent, the more preparation you have, the less losses you will suffer. Vaccinations for children such as smallpox and cholera are also preventive measures. When it comes to infection, it’s better to be prepared in advance than to regret later.

3. Safety: Everyone may have made a lot of preparations, but it is better to be prepared than not to use one more defensive measure, such as the safety door on the car, the lifeboat on the ship, and the fire protection of the building. Lanes and fire extinguishers are all added to give people a sense of security.

4. Protection: Although driving is protected by the car shell, seat belts are still needed; riding a motorcycle requires wearing a helmet, and workers must wear gloves to protect their hands from injury; athletes wear knee pads to protect their knees. These are all It's protection.

The difference between insurance and savings

Savings:

1. Savings is climbing the stairs, a method of gradually accumulating funds, and it requires a specified period of time. , to achieve the target amount.

2. If you don’t save enough money, when an unexpected event occurs, it will be a drop in the bucket and you will be anxious in vain.

3. Savings are calculated as interest, not risk.

4. The "Law of the People's Republic of China on Commercial Banks" stipulates that commercial banks can go bankrupt. Once a bank goes bankrupt, it may lose all its money.

5. The interest rate on savings is variable, as evidenced by the fact that bank interest rates were lowered several times in a row from 1996 to 1998.

6. Savings are just savings.

Insurance:

1. Insurance is like taking an elevator. Its characteristic is that you can get the agreed upon amount of protection when you apply for insurance.

2. When an accident occurs, the insurance benefits received will be dozens or even hundreds of times the premium, which can be said to be "four or two thousand dollars".

3. Insurance calculates the huge cost of risks and provides them to you in a timely manner.

4. The "Insurance Law of the People's Republic of China" stipulates that insurance companies operating life business shall not be dissolved and premiums shall be paid as scheduled.

5. Insurance protection will not change due to external factors.

6. Insurance is a kind of savings that both maintains value and has insurance functions. It will be by your side when you need it.

Insurance is the driving force of life

Life is actually pulling a car uphill. The older you get, the heavier the family car becomes. If you are not careful, the person pulling the car will If the rope breaks, the family will be greatly shaken and may even slide rapidly.

If you spend a little money in advance to hire someone to help you push the cart, he can lend a strong hand to help you tide over the difficulties when the cart slides down. The money will only be given to him temporarily. Time, if you don't need him to push the cart, he will return all the money, plus interest that is not lower than the bank. This good man is called insurance.

Advance can be offensive and retreat can be defensive

The Australian fire caused by the El Ni?o phenomenon and the harm caused by the Asian financial crisis to the Asian economy have all given people a warning, ranging from countries to individuals. Risks are everywhere. With insurance, we can:

Advance and attack - invest with confidence and start a vigorous career.

You can retreat and defend - even if you encounter risks and the family economy enters a "dark period", you can still get through it safely through insurance.

It can be seen that insurance is not a weapon for offense, but it is the most solid and powerful backing for defense. The offense can wait until the best time, but the defense must start now.

Insurance is the spare tire of the family economy

The meaning and function of insurance 1

In our offices or homes, there are always some things that are not commonly used but are necessary Preparation: If there are hundreds of thousands of words in the dictionary, we may only look it up once or twice; the fire extinguisher in the corner may have expired and has not been used; there may not be a power outage, but there is always a flashlight in the drawer; thieves may not come to the door. But can we safely leave the door unlocked?

Insurance is the spare tire of family finances. Although it is not commonly used, we must prepare it.

A car cannot be without a spare tire. Life insurance is the best economic spare tire in our life journey.

In fact, everyone is insured, it’s just about who to insure from

Are you insured? In fact, everyone is already insured! It’s just “who to insure with”! As long as a smart person invests a small amount of insurance premiums, he can easily ensure the stability of his family's financial foundation through the operation of insurance companies and reinsurance companies; while someone who saves insurance premiums carefully is equivalent to insuring himself, so he must bear the cost alone. The entire family is at risk of accidents, so there can be no mistakes! You must have thought about this problem a long time ago, let insurance bear these risks!

Who wants it?

"The sky is unpredictable, and people are prone to misfortune and fortune." Although it is an old proverb, it contains infinite philosophy of life. No one likes accidents, and no one wants to talk about accidents, but this does not mean that accidents do not exist or do not need to be considered. On the contrary, we should face problems rationally and use wisdom to solve them!

In life, there are many things that we cannot avoid if we are careful! For example, something was published in the newspaper a while ago: A girl couldn't think of anything and committed suicide by jumping off a building. Unexpectedly, she crushed a vendor selling rice dumplings to death. The person who wanted to commit suicide was fine, but the vendor selling rice dumplings was crushed and seriously injured. A scapegoat. No matter how careful we are, unwarranted disasters like this may still happen to us at any time. "Who would have thought?" It does not mean that you will be safe if you are careful. Instead of worrying about it all day long, why not buy insurance to avoid it? No worries!

Most people know about buying insurance for houses and cars, but they often ignore that their precious lives need insurance more. In fact, insurance can ensure that you are safe and stable in the ever-changing journey of life, so that you can Sit back and relax without fear of unexpected attacks.

You can’t help but consider investing in Five Rates!

You, the outstanding one, must know that investment is a science and you must not rely on intuition or simply consider profits. Any experienced investment expert will consider the "five investment rates", that is, when investing, in addition to the interest rate that most people pay great attention to, they must also consider the "tax rate" - which will greatly reduce our profits; "exchange rate" - It may cause our principal to shrink, such as foreign exchange investment suffering losses from the depreciation of the US dollar; "risk rate" - it may cause us to lose all our money, such as real estate investment companies, futures, etc.; "mortality rate" - may cause our If the investment fails, it may become difficult to transfer, or you may have to bear a heavy price. Based on the "five investment rates" mentioned above, we can be sure that "insurance" is indeed the best and indispensable tool for personal and family investment and financial management, because "insurance" takes into account the five investment rates, making you a permanent winner!

General investment uses one dollar to earn a few cents of income, but insurance uses a few cents to guarantee the value of one dollar. I believe that if you are smart, you will definitely choose the one that is most beneficial to you. Investment – ??Insurance.

My wife’s retirement pension

In life, the relationship between husband and wife is the most intimate and needs the most care and maintenance. Empty and unrealistic love slogans are not enough. It is even more necessary to have concrete and practical actions as a foundation so that both parties can have a stable life free from scarcity, so that they can truly enjoy sweet love and family happiness. According to statistics, women in the * area will be widowed for eight years on average, because the average life span of women is 76 years, which is 4 years longer than the 72 years of men. Generally, husbands are older than their wives. If the average husband is 4 years older, then the average life span of * women In old age, you have to live alone for 8 years (76-72+4=8). In addition to losing your spiritual support, you also have to worry about your material life. Every husband who works outside the home will receive a pension, and his wife has worked hard all her life for the family. Should she also have a retirement pension? Otherwise, during those eight years of living alone, who would I have to rely on? Taking out insurance can express your unchanging true love and allow your other half to live a happy and worry-free life.

The test of time has proven that insurance is indeed the most concrete expression of a couple’s love, and it is also the best choice to ensure a happy life. It will make your love last longer. I believe you will not be stingy with this item. An investment of love.

Don’t overdraw your pension

Some people do not hesitate to borrow money to send their children abroad so that their children can become successful people; or they worry about their children’s lifelong affairs. Once these wishes are fulfilled, they will leave behind The two wives looked at each other and realized that time is not forgiving. In the blink of an eye, they have reached retirement age, but their pensions have already been overdrawn. Not only can they not enjoy the fun of having children and grandchildren, but they also have to face numerous bills. As well as debts, if you are sick at this time and your children cannot take care of you, you will be really lonely and miserable. What's worse, you will be unable to afford the high medical and nursing expenses, so you will be alone and living on the street. Such a desolate evening scene is really pitiful.

The meaning and function of insurance 1

It is important to invest in our children, but can we invest in our own future at the same time as we invest in our children, so that we can be safe in the future? After a lifetime of hard work, you can enjoy a carefree retirement life. Insurance is your best choice for investing in the future. It can help you plan for a better future, so that you can still enjoy a happy, fulfilling and dignified life after retirement. Get insurance while you're young and be prepared to ensure your retirement is as comfortable as possible.

We are not afraid of currency depreciation, we are just afraid of plummeting value.

Many people can accept the concept of insurance, but they are worried about currency depreciation. If they delay the opportunity to buy insurance, how will they predict their lives? Many opportunities that cannot be missed are learned in this hesitation. Every country around the world has similar currency problems and worries, which means that the economy continues to grow and progress, and correspondingly, living standards continue to improve. This should be good news for everyone. On the other hand, when there is inflation, we need money more, and insurance, in addition to allowing you to enjoy dividends, can also apply for a mortgage loan during this period, because if you insure in time now, you will have more sources of income by then. Cope with inflation. Currency depreciation is limited, but people's values ??often plummet due to accidents. Insurance can protect you from the risk of plummeting value, giving you more ability to control your future, so that you and your family can have a secure future.

Insurance is like fire extinguishers and other disaster prevention supplies - "it is better not to use them for a hundred years than to be unprepared for a day" because it can be most effective when you need it most. As long as you save a small part of your daily expenses to buy insurance, you can have permanent benefits and protection. Please don't hesitate and miss the opportunity.

Wait! wait! wait!

Many people have good reasons to refuse to buy insurance, but no one can refuse to consider their future, refuse to care about their family, refuse to maintain a life that is not in need, refuse to preserve existing property, refuse to Responsibilities towards others... Because no one can predict the future, any person with foresight, love and a sense of responsibility, if they understand the true meaning of insurance, will do themselves a big favor without hesitation - buy insurance immediately.

Although many people accept the concept of insurance, they have to wait for a while before purchasing insurance when it is more convenient. Unexpectedly, many unmissable opportunities in life are learned through waiting and hesitation. Yes, we can teach life insurance marketers to wait, but no one can teach illness, accidents, disability, death... wait a minute, let us be ready to come back. Many people wait until it is too late and regret that they did not buy insurance in time. Insurance can give you more control over your future, so that you and your family can have a secure future.

Really can’t save money?

Twenty years old: I can’t save money now. It’s hard to be independent. Besides, I want to buy a car and need to pay it in installments. Let’s wait until I think about it!

Thirty years old: I can’t save money now. The expenses and responsibilities of a family have made me breathless. Loans, living expenses, child milk money... never mind! Let’s wait until I get a raise or have enough money in a few years!

Forty years old: I can’t save money now. The youngest in my family is going to college this year, and the eldest is getting married at the end of the year. Where will I get the extra money? Let’s wait until the children start a family and start a career one by one!

Fifty years old: I can’t save money now. Some financial plans are not as I expected. The youngest wants to study abroad, which is a huge expense. Saving money? Let’s talk again!

Sixty years old: I can’t save money now. I’ve always wanted to retire early, but where would I live? I wish I had saved some money.

Seventy years old: I still haven’t saved any money. When I got this disease, money was thrown out in fistfuls, which hurt my family and children. If I left, I might not have any money left. them.

I really regret not having money! ! !

Insurance is about saving money, not spending money. It is about transferring money, not spending money.

What is expensive is the cost of living, not the insurance premium

Although many people can accept the concept of insurance, they are worried about the premium and therefore delay the opportunity to purchase insurance. Smart people will increase revenue and reduce expenditure, and plan for the family economy. Insurance is the best way to protect the family income. Families that suffer accidents have four sources of income: relatives, friends, relief from others, or insurance claims. Which one do you prefer? Needless to say, it is of course insurance without human pressure. Insurance premiums are a microcosm of future life, and the ratio is fixed. What is really expensive is not the insurance premiums, but living expenses. If we choose a cheap insurance premium today, it means that we can only enjoy a poor living standard in the future. You must not be willing to compromise your family’s future living standard, so today’s insurance investment is worthwhile, not to mention that it is only for us. It's just a small part of the improvement. It's really cost-effective to exchange a small amount of money for permanent benefits and protection.

“If you don’t throw away a drop, it will become a river.” People who really know how to manage money are those who make good use of small money. They can save the small money that may be wasted in daily life and insure it so that you and your family can have a safe life. future.

The meaning and function of insurance 1

Rich people need to buy insurance more

If there is a money printing machine, should we take care of the machine or the printer? The money coming out?

Definitely choose to take care of the machine, because if the money is gone, you can print it again, but if the machine is gone, there is nothing.

A successful person is like a money printing machine.

A forty-year-old person can earn one hundred thousand a year, growing at 5% every year until he retires at the age of sixty. The total price will be more than three million. Of course, such a huge property must be properly maintained. The easiest way to take care of it is to buy life insurance.

A person’s own value is the most important, so you must take good care of yourself.

After retirement, you will...

Most people will face the following three possible situations when they retire:

1. Use the money accumulated in early years to Pensions and retirement benefits allow you to travel around the world and enjoy a happy old age.

Second, because they didn’t plan well when they were young and had to rely on others to take care of them, the two elders took their luggage and didn’t know where to go.

3. We still need to keep our spirits up and work hard to make ends meet.

If you choose, which one will you choose? In fact, no one would choose the second and third desolate situations in old age mentioned above. However, if you want to enjoy a leisurely old age life like wandering clouds and wild cranes, you must pay a price, and only those who are prepared when they are young can obtain it, because this The choice is made when we are young.

Insurance can ensure that you will always have the right to be your first choice. Make preparations when you are young and let insurance plan a wonderful future for you, so that you can still enjoy happiness, fulfillment, and happiness after retirement. Live with dignity.

How much insurance is appropriate?

Everyone’s career status, financial income and expenditure, physical condition, and family background are different. Therefore, it is impossible to have a kind of insurance that will be suitable for everyone. It must be "tailor-made." However, there are principles for purchasing insurance, and you can consider the following three aspects.

Death insurance. As the owner of a household, how much insurance is enough? The main aspect to consider is the normal living expenses of relatives once they lose their main source of income. Generally speaking, this is mainly based on the ability to afford payment, which is generally not more than 10% of the family's disposable income. Without protection, Not enough, too much affects normal quality of life.

The need for elderly care. When people get old and lose the ability to work, their income drops sharply or disappears, so retirement pension must be considered, and it must be enough. Generally, you can consider the social insurance part together, plus some personal savings, etc. Then it is basically 1 to 3 times the personal annual income, after deducting factors such as price increases and bank currency depreciation.

Medical protection. As people get older, diseases will come as expected. As the saying goes, people under thirty look for diseases, and those over thirty look for diseases. With the reform of the medical system, the cost of medical treatment and medication has skyrocketed. Therefore, you should buy some insurance for major diseases and hospitalization to improve the quality of medical care, recover as soon as possible, and make money as soon as possible.

How can adults wear children's clothes?

Buying insurance is like wearing clothes. It must match our identity, status, age and occasion. Buying inappropriate insurance is like an adult. Wearing children's clothes looks very weird and uncomfortable. Although it is still wearing clothes, it does not achieve the purpose of wearing clothes that are beautiful and elegant. Therefore, insurance is not just good enough. It must be properly planned according to your family's financial situation. Otherwise, you will have an unsuitable policy that cannot meet your actual needs.

A suitable insurance policy can truly protect your family's finances. I believe you will not be stingy with this smart investment. Let insurance accumulate protection for you so that you and your family can have a secure future.

Who is the real winner?

In order to save a small amount of insurance premiums, some people would rather bet against the God of fate every day and bet on the happiness of their entire family. If they win, it means that they are safe and sound, so they can save the insurance premiums and make a fortune. If he loses, he will have to pay for the entire family’s future living expenses. This is really unwise. However, there are still many people who are willing to take the risk of the whole family’s future living expenses and live a life of fear. In the end, it is inevitable It's really not worth it to lose a big thing because of a small thing. Let insurance help us avoid this unnecessary gamble! In fact, the real winners are those who live under 24/7 protection through insurance. Because they have no worries, they can develop their careers with peace of mind and ensure that their families have a happy life.

The functions of insurance:

(1) Transferring risks: Buying insurance is to transfer your own risks, providing insurance protection for many people who have risk concerns. The institution that accepts the risk is the insurance company.

(2) Loss sharing: The transfer of risk does not mean that the disaster actually leaves the insured, but that the insurance company uses the financial resources of everyone to compensate the insured for economic losses. The economic losses caused by natural disasters and accidents are generally huge and difficult for affected individuals to cope with and bear. In the form of collecting insurance premiums and paying compensation, the insurer distributes the huge losses of a few people to many insureds, thereby turning the losses that are unbearable for individuals into losses that the majority can bear. This is actually spreading the losses equally. To policyholders with the same risk.

(3) Implementation of compensation: Implementation of compensation must be based on the contract signed by both parties. The scope of compensation mainly includes the following aspects: First, the property losses suffered by the insured due to disasters and accidents; Secondly, the insured person suffers physical casualties due to disasters or accidents or the insurance money payable at the end of the insurance period; thirdly, the economic compensation that the insured person pays to others in accordance with the law due to the disaster accident; fourthly, the insured person suffers any damages caused by another party Economic losses suffered due to non-performance of the contract; 5. All expenses incurred by the policy holder for rescuing the insured subject after the disaster.

(4) Mortgage loans and investment income: The insurance law clearly stipulates: "Cash value non-loss clause". Although the customer signs a contract with the insurance company, the customer has the right to terminate the contract and get the insurance surrendered. amount. The insurance contract also stipulates that when customers are short of funds, they can apply for 90% of the surrender value as a loan. If you are in urgent need of funds but cannot raise them at the moment, you can mortgage your insurance policy with an insurance company and obtain a loan of a corresponding amount from the insurance company.

At the same time, some life insurance products not only have insurance functions, but also have certain investment value. That is to say, if an insurance accident occurs during the insurance period, the insurance company will pay the insurance money as agreed; If no insured accident occurs, then when the payment period is reached, the insurance money you receive will not only exceed the insurance premiums you paid in the past, but there will also be other benefits besides the principal.

Extended reading: How to buy insurance, which one is better, and step-by-step instructions to avoid these "pitfalls" of insurance