Let’s answer the question first. The main differences between universal insurance and participating insurance include different product features, different benefits, etc.

Next, I will talk to you about the two types of life insurance, universal insurance and participating insurance.

Considering that some friends don’t know much about insurance, I would like to give you some popular science: super comprehensive!

All the insurance knowledge you want to know is here. The main differences between universal insurance and participating insurance are: 1. Different product features. Simply put, universal insurance refers to a type of personal insurance designed to be universal. Most of the current universal insurance products

They are all sold in combination with whole life insurance, endowment insurance, annuity insurance, etc.; in this way, universal insurance can not only provide certain protection to the insured, but also provide certain income to the insured.

Participating insurance refers to a type of life insurance in which an insurance company distributes the distributable surplus of this type of participating business in the previous fiscal year to customers in a certain proportion after the end of each policy year.

At present, participating insurance on the market is mainly sold as a combination of whole life insurance, endowment insurance and annuity insurance. It should be noted that policy dividends cannot be sold separately.

Although universal insurance and participating insurance are different, they have one thing in common - they are both financial insurance. If you are interested in financial insurance, you can click on the following article to take a look: participating insurance, universal insurance, and lifetime insurance.

What is the difference between life insurance and financial insurance?

Which one is the most cost-effective to buy?

2. Different incomes The income of participating insurance comes from the distributable surplus generated by the death spread, interest spread and fee difference. Generally speaking, the income of participating insurance mainly comes from the distributable surplus corresponding to the dividend business of the insurance company.

The main source of income for universal insurance is the investment income from the universal account, which is mainly managed by the insurance company for the policy holder.

Comparing the two, the income from universal insurance is relatively stable. The main reason is that universal insurance provides the lowest guaranteed interest rate. No matter whether the investment situation of the universal account is good or bad, the insurance company will at least provide the policyholder with the lowest guaranteed interest rate.

income.