In recent years, more and more consumers have begun to pay attention to insurance products with financial management functions. Some people favor universal insurance, while others favor annuity insurance. So, what's the difference between universal insurance and annuity insurance? It is understood that universal insurance and annuity insurance are different in nature, risk and cost management. Consumers should also carefully analyze when they are insured, and don't choose at will.

This is the difference between annuity insurance and universal insurance!

Universal insurance belongs to fund insurance, which means that giving you some protection is not too comprehensive and risky; Annuity is different, there is no risk, and it can guarantee to climb higher and higher.

1. Different in nature.

Universal insurance belongs to fund insurance, which can give certain protection to the insured, and also allow customers to directly participate in the capital investment activities in the investment account set up by the insurance company for the insured; Annuity insurance is a life insurance with the insurer's survival as the payment condition, and it pays the insured insurance money regularly and in a fixed amount. How about China Life? I just sorted out the relevant contents, hoping to help you: How about China Life? Do you have any insurance recommendations?

2. Different risks

The investment income provided by universal insurance is closely related to the performance of the funds in the insured's investment account operated independently by the insurance company, which has certain risks and uncertain income; The payment amount of annuity insurance is quantitative and there is no risk. Which insurance company is stronger? I just sorted out the relevant content, hoping to help you: the latest list! Top Ten Insurance Companies in China

3. Different management

Most of the premiums of universal insurance are used to purchase investment account units set up by insurance companies, and investment experts are responsible for the transfer of funds in accounts and investment decisions; The premium of annuity insurance is to provide protection for the insured and not to participate in other investments.

To sum up, there are three main differences between universal insurance and annuity insurance, namely, different nature, different risks and different cost management. Generally speaking, most of the premiums of universal insurance are used to invest in personal accounts, which is risky and uncertain; Annuity insurance can pay the insured regularly and quantitatively, so that consumers can enjoy security and benefits with peace of mind. Consumers can choose one of them according to their actual situation to meet their insurance needs. How to buy critical illness insurance? I just sorted out the relevant contents about choosing the term or life, hoping to help you: the term of critical illness insurance VS life, how to choose?

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China Merchants Cigna life annuity insurance has anti-inflation function. Buying this product can get cash dividends from China Merchants Cigna, realize stable cash flow and preserve and increase the value of assets. It is a rare dividend annuity insurance. Let's take a look at the coverage of China Merchants Cigna's life annuity insurance products with this article.

Is annuity insurance life insurance?

At present, the endowment insurance in social insurance is only the most basic, and it can't meet the needs of middle-aged and elderly people, so it is particularly important to buy an annuity insurance. Moreover, many policyholders have doubts about whether annuity insurance belongs to life insurance products. Let me tell you.