Insurance is a financial management method that every family will choose now. There are many types, which can not only protect personal safety and health, but also increase many types of insurance that are helpful to financial management, such as dividend insurance and universal insurance. Moreover, the history of insurance financing will be longer than that of fund financing, and now many countries in the world have begun to attach importance to the promotion of insurance. Although insurance financing can't achieve good returns in a short time, except for investment-linked insurance, the risks of other types of insurance are relatively small, and the returns will gradually increase with the growth of time. Endowment insurance is a good example. People can deposit money into insurance accounts regularly, and after a few decades, they can withdraw money from them on time or in amount. It is a good guarantee for life. 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?
2. Fund financing
Fund is a popular financial management method in recent years, but compared with insurance financial management, fund financial management emphasizes the coexistence of risks and benefits. A fund product must have certain risks, the degree of risk will be higher than that of insurance products, but the income will be higher than that of insurance financing. There is no requirement for buying a fund, as long as you have money, not everyone can buy insurance. Only people who are healthy and have a certain economic foundation can buy it after being audited by the insurance company. For wealth management funds, their main purpose is not to guarantee their functions, but to make a return on investment. Fund financing is more suitable for people who have more money and can't use it in a short time. 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
The reason why we want to manage our finances is mainly because we want a guarantee, not how much income we pursue, so it is most appropriate for us to choose insurance financing in this case. However, if you have more funds and know more about funds, you can choose funds to invest. Of course, it can also be used together in two ways, and the proportion can be divided according to the demand, one as a guarantee and the other as an investment.