The meaning of insurance survival benefit is that after the policy holder has purchased a survival insurance for the insured (referring to a life insurance that uses the survival of the insured as a condition for payment of insurance benefits), if the protection period of the survival insurance expires, the insured will still

If you survive safely and there is no danger during the coverage period, the insurance company will pay a certain amount of insurance money as insurance survival benefit.

1. Survival benefit, also known as survival insurance benefit, refers to the insurance benefit paid by the insurance company to the surviving beneficiary of the policy in accordance with the contract during the validity period of the insurance contract and when the insured is still alive after the date stipulated in the contract. It is in addition to the insurance policy protection.

, the additional fixed income received by the policyholder.

2. According to the terms and conditions, the survival benefit is paid regularly, which has certain functions of income protection and economic reserve.

It has two main features: (1) The survival benefit is based on the survival of the insured within a certain period of time. That is to say, if the insured dies within a certain policy year, the current survival benefit will not be paid.

(2) The main function of the survival benefit is to meet the specific needs of the insured after a certain period of time, such as children’s education funds, wedding funds or the insured’s pension. It has a strong saving property, so it is also called “

Savings Insurance”.

3. For policyholders, there are generally two ways to receive survival benefits: (1) directly receive it from the insurance company.

Policyholders can bring their own ID cards and bankbooks and go directly to the insurance company to handle and receive the policy.

(2) It is directly linked to the bank account and automatically transferred by the insurance company.

Policyholders can reserve their bank passbook account number when signing a contract with the insurance company. The insurance company will directly pay the survival money into the account reserved in the policyholder's contract without having to collect it in person.

3. The main purpose is to allow the insured to receive an insurance benefit after a certain period of time to meet their needs in life and other aspects.

If you purchase children's education insurance for your children, you can have an education fund for your children when they go to college.

Survival insurance is different from death insurance in that the payment of insurance benefits is based on survival.

Therefore, survival insurance is mainly based on savings and is also called savings insurance.

Survival insurance is life insurance that provides benefits based on the condition that the insured survives to the date specified in the insurance policy.

That is, the survival of the insured is the only condition for payment of insurance benefits.

If the insured dies during the insurance period, the insurance company will not pay the insurance benefit and will not refund the insurance premium paid.

Survival insurance has a strong savings function. The insured can receive a sum of insurance money after a certain period of time to meet the expenditure needs in life and other aspects.

Death insurance refers to a type of personal insurance in which the insured dies during the validity period of the insurance liability and the insurance company pays the insurance premium.

Depending on the insurance period, death insurance can be divided into two types: term death insurance and lifelong death insurance.