1. Conceptual differences

Wealth management products are products designed and issued by commercial banks and formal financial institutions themselves. After the raised funds are put into relevant financial markets and purchased related financial products according to the product contract, they are distributed to investors according to the contract.

Insurance is a Chinese word, the pinyin is b ? o xi ? n, and the English is insurance or insurance, which means safe and reliable protection. Later extended into a security mechanism, a tool for planning life finance, a basic means of risk management under the condition of market economy, and an important pillar of financial system and social security system.

2. Differences in income

From an economic point of view, insurance is a financial arrangement for sharing accident losses; From the legal point of view, insurance is a kind of contractual behavior, a contractual arrangement in which one party agrees to compensate the other party for its losses; From a social point of view, insurance is an important part of the social and economic security system and a "delicate stabilizer" for social production and social life; From the perspective of risk management, insurance is a method of risk management.

a convenient loan for financing personal wealth management products refers to a certain amount of RMB loan that is paid to the borrower by the handling agency, with the assets and income in the personal wealth management products account purchased in the name of the borrower in China Bank as repayment guarantee, the account suspension payment processing as the main control means, and the financing limit calculated at a certain discount rate.

3. Differences in risk

Financial products: Risk refers to the possibility that the decision cannot achieve the expected goal due to the uncertainty of the future situation. When making an investment decision or financing decision, if there is only one result, there is no uncertainty, and it can be considered that there is no risk in this decision.

insurance products: commercial insurance can be roughly divided into: property insurance, personal insurance, liability insurance, credit insurance, subsidized insurance and marine insurance. Generally speaking, I don't want to be at risk, because the risk means that I have an accident or an accident.

Extended information:

Insurance source: From the beginning, human society was faced with the intrusion of natural disasters and accidents. In the process of fighting against nature, ancient people came up with insurance ideas and original insurance methods to deal with disasters and accidents. Around 25 BC, the king of Babylon ordered monks, judges and village heads to collect taxes as funds for fire relief.

Baidu encyclopedia-insurance

Baidu encyclopedia-wealth management products