What exactly does this insurance look like?
1. China Life does have a love insurance. This is to protect the love between the two parties. The insurance is purchased before the two people fall in love to stabilize the relationship between the two people.
This love insurance is very simple. It only requires both parties to purchase this insurance. After three years from the effective date of the policy, if both parties officially register their marriage, the insurance company can provide the insurance amount.
This amount is usually 11,314 yuan, or it may be something in kind, but it will be closely related to the love and marriage of two people.
Of course, this insurance was very popular when it was first launched and was welcomed by many people. However, later the country implemented regulatory requirements, and this type of insurance gradually decreased.
2. China Life has also launched marriage insurance. This insurance is actually a kind of protection for the family. It is more of a store of education funds, medical funds, etc. It can be regarded as a kind of family insurance.
Compared with love insurance, marriage insurance is actually a product that benefits insurance companies more.
Because this insurance also has a mandatory storage function, that is to say, parents must be forced to store cash in the account to protect their children in the future.
It also involves a very user-friendly clause. Once the insured parent encounters misfortune, the insurance company will no longer require payment of premiums, but the children will still be protected.
In fact, this insurance method is equivalent to a family-style all-round insurance.
3. China Life currently does not have so-called marriage and love insurance. There are only two types of love and marriage insurance. Everyone can choose to buy according to their own needs.
At present, many insurance companies are promoting this kind of wedding insurance, because there are many businesses designed in insurance.
This includes that families can manage their finances with insurance companies, that families can store cash with insurance companies, and that families can purchase corresponding medical insurance products from insurance companies. In fact, this can be considered a diversified insurance method.
For some families, there is still a choice.