hello! Insurance financing and bank financing have their own advantages.

if you want to know what kind of financial management method you are suitable for, you can click to make an appointment for 1-to-1 insurance planning service, and Deep Blue Insurance _ Concentrated Insurance Broker will give you professional advice.

Let's start with:

1. Insurance financial management

Financial management insurance is initiated by insurance companies, which has both the protection function of insurance and the income function of financial management. Simply put, financial management insurance is an insurance product with the nature of financial management income.

Generally speaking, common financial insurance includes the following four categories:

Annuity insurance: pay a sum of money first, and then return a sum of money every year as agreed.

universal insurance: it is equivalent to a "balance treasure" with guaranteed income, and the money placed in universal insurance can increase in value at an interest rate of about 4%-5%.

Extended whole life insurance: There is a product in whole life insurance called Extended whole life insurance, whose policy benefits can be increased at an interest rate of about 3% every year, and it also has the function of financial management.

Investment-linked insurance: equivalent to "insurance company's fund". The return of investment-linked insurance depends on the investment level of the insurance company, and the income is not capped or guaranteed.

2. Bank financing

In the investment mode of wealth management products, the bank only accepts the authorization of the customer to manage the funds, and the investment income and risks are borne by the customer or the customer and the bank according to the agreed way. Generally, according to whether the principal and income are guaranteed, we divide bank wealth management products into three categories: guaranteed fixed income products, guaranteed floating income products and non-guaranteed floating income products. In addition, according to the different investment methods and directions, new share subscription products, bank credit cooperative works, QDII products, structured products and so on.

whether it is bank financing or insurance financing, we should understand the risks behind the products and make investments according to our own affordability.