In life, most people only know a little about insurance, and the college questions behind them are all ignorant of one thing and the other. Many people don't know the difference between annuity insurance and universal insurance. Here are the differences sorted out for everyone, hoping to help everyone.

1. Risk differences

1. Universal insurance.

Universal insurance is a fund type of insurance. The investment income provided by universal insurance is closely related to the performance of the funds in the policyholder's investment account independently operated by the insurance company. In short, it gives you some protection, but it is not too comprehensive and is accompanied by certain risks. Which insurance company is stronger? I just sorted out the relevant contents, hoping to help you: the latest list! The top ten insurance companies in China rank

2. Annuity insurance.

Comparatively speaking, the payment amount of annuity insurance is quantitative, there is no risk, and it can be guaranteed to keep rising.

2. Different payment methods

1. Annuity insurance.

annuity insurance means that the insured or the insured pays the insurance premium in one lump sum or on schedule, and then 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. Finally, ensure that the insured can get economic benefits when he is old or incapacitated.

2. Universal insurance.

universal insurance means that after paying a minimum amount of the first premium, the insured can pay any amount of the premium at any time according to his actual situation, and can increase or decrease the amount of death payment at will, as long as the cash value accumulated in the policy is enough to pay the costs and expenses in subsequent periods.

3. Different management methods

1. Most of the premiums of universal insurance are used to buy investment account units set up by insurance companies, and then investment experts are responsible for the transfer and investment of funds in the accounts.

2. Annuity insurance. The premium of annuity insurance does not participate in other investments, because the premium of annuity insurance is to provide protection for the insured.

The above is about the difference between annuity insurance and universal insurance from three aspects. I hope you can have a detailed understanding through three minutes' reading, so that you can choose the insurance that suits you more clearly.