Some people think that the income of wealth management insurance products is low, and it is not cost-effective to use insurance to manage wealth. If you want to invest, you should choose other products, such as stocks and funds. Some people think that wealth management insurance products can protect capital and interest, and are safe and stable, which is an ideal choice.

Are life insurance financial products reliable?

Financial insurance products have a long investment period and belong to long-term insurance. It may take 5 years to 10 years to pay. And it may take 10 years, 20 to 30 years to see considerable benefits.

Buying wealth management products is to preserve the value of their assets and get a sum of money when they are in urgent need. When considering financial management for this reason, the advantage of insurance products is that they can ensure certainty in the next few decades and are more reliable than other financial products. So how to buy life insurance financial products? Before you apply for insurance, you should first understand the following points: What about China Life? I just sorted out the relevant contents, hoping to help you: How about China Life? Do you have any insurance recommendations?

1. Check risk tolerance.

Financial insurance is a long-term insurance. Consumers should fully estimate the income and expenditure during the future payment period before taking out insurance, so as to ensure that they can pay on time and will not surrender if they buy it. Investment-linked insurance is considered as a high-risk financial insurance product, and those with low risk tolerance should be carefully selected. So if you buy the wrong insurance, do you want to surrender it? If you surrender, why don't you lose money? Can I return the wrong insurance? How much can I refund if I surrender? How to surrender in full?

2. Determine the quota according to the demand

Consumers can determine the insurance amount according to family income and expenditure, assets and liabilities, family members' future life goals and physical condition. , so as to maximize the use of risks and make accurate investments.

3. Understand the terms of the contract.

When applying for insurance, we should start from the actual financial needs of families and choose the most suitable insurance according to the characteristics of products. When the liability event agreed in the contract terms occurs, the insurance claim should be handled in time to give full play to the insurance effect.

The above is all the introduction to this article, hoping to help those in need.