Five Important Principles of Buying Insurance for Families

Abstract: Nowadays, buying insurance for yourself or your family has become one of the most common consumption of families. As an important part of family financial management, insurance has been paid more and more attention, but how should you insure your family? There are several important principles here.

five important principles are to buy insurance for adults, family breadwinners, accident health insurance, insurance before buying a house and insurance for young people. why? This article will tell you about the wind insurance stories around us ...

Five important principles for buying insurance for families (1)

Nowadays, buying insurance for yourself or your family has become one of the most common consumption of families. As an important part of family financial management, insurance has been paid more and more attention, but how should you insure your family?

1. Buy insurance for adults first

In contrast, there is a view that "buy insurance for children first". There are many people who have this idea and do it. According to a survey in a residential area in Beijing where the author lives, about 8-9% of families have bought insurance for their children, but the parents of children in these families do not buy insurance.

Parents often think that children have no protection, and adults can protect themselves, so give their children insurance; There are also many parents who are very emotional. They love their children so much that they give them something good first. When they hear that the insurance is good, they also buy it for their children first. They think it is delicious, delicious and fun. It is a big mistake to buy insurance for their children first!

It is understandable that these parents love their children, but they ignore the most important point: parents are their children's insurance!

When adults are around, you can't care too much for your children, but the biggest risk for children is that their parents have an accident. Once this happens, have you thought about what your children will do? How many children have lived a miserable childhood because of the sudden departure of their parents ...

Case story:

Zhang is a businessman in Beijing, with a wife who is a civil servant and a 6-year-old daughter. Zhang's business is very smooth and his family conditions are excellent. This is a very happy family. In 21, after repeated visits by an insurance salesman, he finally agreed to buy insurance from the salesman. He bought an education insurance and a dividend-paying old-age insurance for his daughter. Although the salesman repeatedly told him to buy an insurance for himself first, he always said that it was enough to buy it for his children. In this way, he himself is out all day without any insurance.

In the summer of p>22, Zhang and his wife were hit by a car overtaking them on the expressway, causing several cars to collide and two people died on the spot, leaving a 7-year-old daughter ...

Except that the child's mother was a civil servant and had 8 yuan's funeral expenses, the couple did not have any life insurance with death liability. And the orphan daughter's premium has no source at this time. Not only did she lose her parents, but her education insurance and old-age insurance were also interrupted, and no one paid them again, leaving her relatives with grandparents.

Editor:

When a child suddenly loses her parents, she loses all her security, because parents are her security at any time. As a child's parents, you should think that you can take good care of your child when they are together, but when both parents are away? Therefore, giving adults adequate life insurance first is a solid guarantee for families and children.

one of the principles of buying insurance for families: be sure to buy insurance (life insurance) for adults first, because adults are children's insurance!

five important principles for buying insurance for families (2)

2. Buy insurance for the breadwinners of families first

When dealing with insurance agents, people often say, "I don't need insurance, but my wife and children need insurance most".

This is the idea of many men. When the agent talked to them about insurance, they waved their hands and said, "I don't need insurance. I have money. Even if I buy insurance, I will buy it for my wife and children."

This is also a very common group. They are generally the main source of family income and the maintainer of family life. Many people have good jobs or small achievements in their careers. In their view, they are the heads of the family, earning money, and they are the strong ones in the family, while their wives and children are the weak ones in the family and need protection most. Therefore, it is natural to buy insurance for their wives and children first. Even when talking about specific types of insurance, such as medical health insurance, they said, "My company has medical insurance, and my wife and children don't have much insurance. They need insurance most."

In fact, they have confused the two strong and weak relationships of the family. From the income point of view, they are "strong", but from the family point of view, they are a weakness of family risks. Obviously, since it is the main source of family income and the economic pillar of the family, once the risk occurs, it will hit the family the hardest, so it is actually the economic pillar of the family that needs the most protection. When this economic pillar is at risk of accidents or major diseases, the main source of family income will be interrupted, which will reduce the quality of life and even lead to family economic collapse.

Case story:

Mr. Wang is engaged in building materials business in Shanghai, with an annual income of more than 5, yuan. His wife used to teach in a middle school, and she has a 1-year-old son. The family lives a happy life. Later, my wife simply resigned and became a full-time wife at home because her child's tutor was always unsatisfactory, and grabbed her son's tutor herself.

after contacting the insurance agent many times, Mr. Wang decided to buy some insurance for his family. But he put aside a 2 million life insurance plan designed by his agent and said, "I have security now, and my wife and children need security most now. Please design a plan for my wife and children."

In this way, Mr. Wang finally insured his wife against serious illness and an old-age insurance, and insured his children against education, with an annual premium of more than 3, yuan. And I don't have any commercial insurance.

One day a year later, when Mr. Wang was driving through a construction site, he was hit by a brick that accidentally flew down from an iron frame. The car lost its direction and crashed into a wall, and he died on the spot. After learning the bad news, his wife cried herself to death ...

Except for limited compensation from the construction site, Mr. Wang didn't get any compensation behind him. Mr. Wang's sudden departure has dealt a heavy blow to his family. Mr. Wang has many business partners in business, but after he left, all the people who owed him money could not be seen, but all his creditors came to the door, and the cash at home soon disappeared, so his wife had to sell the house to pay the bills. Mrs. Wang suddenly became homeless from having no worries about food and clothing, not to mention the hardships of life. The 1-year insurance that her husband bought for herself and her children more than a year ago has become a huge financial burden, and she has to return it ...

Editor's note:

For a family, protecting the economic pillar of the family is to protect the family. This case has taught us a profound lesson! Because the economic pillar is too important to a family, who should be the most insured when making insurance planning? Who is the first to insure? That is the man who brings the main source of income to the family. As for the economic pillar itself, your responsibility lies in that you should make full preparations for your family, especially when you can't earn money, and life insurance is the best life safety barrier for your family.

If this order is reversed, the insurance you have taken out for the so-called "people who need insurance most" will not only have no effect after the pillar risks, but will also become a heavy burden for the family.

the second principle of buying insurance for a family: buy insurance for a family's economic pillar first, and protecting the pillar means protecting the family!

five important principles for buying insurance for families (3)

3. Buy accident insurance and health insurance first

When talking about insurance, many people ask, "What good insurance do you have there?" Usually, what they call "good insurance" refers to investment insurance, and what they call "good" refers to good investment returns. These people generally have investment experience, including various investment methods such as stocks, funds, bonds, futures, etc. Especially when they heard that some investment-oriented insurances have stable returns, they seem to have placed great hopes on this "new" investment and financial management method.

This is the reason why dividend insurance was so popular when it first appeared in China. When many people heard that insurance can also be used as an investment, their eyes suddenly brightened, and the most primitive protection function of insurance was thrown away. Up to now, there are still many people who have a special liking for dividend insurance, investment-linked insurance and universal insurance, and then there are education insurance and endowment insurance with some savings function, but little attention is paid to health insurance, life insurance and accident insurance.

The three major risks in life: accidents, diseases and old-age care, are the most difficult to predict and control, and the significance of insurance protection is largely reflected in these two types of insurance. However, many people feel that the premiums of these two kinds of insurance are often gone forever, or come back very little, which is not an investment, or "very uneconomical", so the insurance with the most guarantee significance has not been paid enough attention.

So when the real risks come, many insurances are "useless", which leads some people to get into a misunderstanding of insurance, which is actually a misunderstanding of insurance.

Scientific insurance planning should start with accidents and health insurance. With these basic guarantees, other types of insurance should be considered. That is to say, if there is no commercial insurance, insurance should generally be bought in the following order:

accidents (life insurance) → health insurance (including major diseases and medical insurance) → education insurance → endowment insurance

→ dividend, investment and universal insurance. Because of his financial background, Xiao Zhang is quite interested in investment and financial management, and pays close attention to some financial management products.

In p>23, one of his college classmates entered an insurance company to do business, and soon found Xiao Zhang, and recommended two best-selling insurance products of his company, a health insurance and a dividend insurance. Xiao Zhang's focus was on that dividend insurance. He listened to the analysis of this dividend insurance by the manager of his classmate's business department and compared it with similar products, and found that it was very good, so he spent four or five thousand yuan to buy a dividend insurance.

In the summer of p>24, Xiao Zhang felt very uncomfortable in his abdomen for a period of time. He went to the hospital for examination and was told that there was a shadow on his kidney. He was suggested by the doctor to go to the tumor medical examination and was later diagnosed with renal cancer. This is a great blow to the young man and his poor family! At this moment, he remembered the insurance he had bought, but once he turned it over, he regretted it: he bought dividend insurance instead of major illness insurance ...

The family finally scraped together enough money for the operation, but his dividend insurance didn't work at all, and he was still worried about the premium for next year. At that time, Xiao Zhang's idea was simple: I was still young and in good health; That dividend insurance is really good. However, this has taught him a great lesson. His young life will not be covered by insurance in this life, because he can no longer buy insurance after suffering from a serious illness ...

Editor's note:

We are talking about financial management in fashion now. Financial management is actually divided into three steps. The first step is to transfer risks, that is, insurance protection, which is a foundation. Do other consumption arrangements and investment and financial management after you have done insurance protection. Investment without insurance protection is like a castle in the air, which can't stand the wind and rain. Therefore, in the choice of insurance, accident and health first, then education, pension, dividends and other risks, is the scientific financial management.

the third principle of buying insurance for families: in terms of types of insurance, accidents first, then health, education, pension, dividends and other optional types of insurance!

five important principles for buying insurance for families (4)

4. Buy a house before buying insurance

"I'm going to save money to buy a house now and buy insurance after I buy a house and a car." This is what many people in their thirties who don't have a house often say to insurance agents. There is a similar saying that "I don't have spare money to buy insurance now". In their view, insurance is a luxury consumer product, and it is not urgent now, or insurance is consumed by the rich.

In fact, this concept is very incorrect. Insurance is a necessity of life, and you don't need it until your life is well-off or even better. Insurance is a good means to transfer risks, and risks don't appear until your life is good.

Nowadays, house, car and insurance have become the "three big things" in our life in the new era, among which insurance is the most important. Manage your finances scientifically. Insurance should be bought before the RV. As everyone knows, you can't go on the road without insurance. Then why buy insurance before buying a house? Here is a familiar story ...

Case story:

Boleyn, the master of Lausanne, recalled: "On the night of the incident, Lausanne had dinner with his parents and was very happy. When she left, Lausanne left her mobile phone with her parents. On the way, there were beepers looking for him, and there was no phone to call back on the roadside. He might be in a hurry. In addition, he was tired just after his performance ... "

After he settled in Beijing in Lausanne, he took his parents who were far away from Tibet to Beijing. At first, he rented a house. Later, when the conditions were a little better, he bought a house with a loan. Until the accident, his loan was only repaid for a few years. After the accident in Lausanne, his parents suffered not only the loss of their beloved son, but also the pain of being forced to return home. Because after the accident in Lausanne, the mortgage could not be repaid, and the two old people did not have any financial resources, the bank took back the house.

Editor's Note:

This case is very special. Lausanne is a drunk driver. Because the accident caused by drunk driving is an exclusive liability, even if there is insurance, it will not be paid. However, the old father and mother in Lausanne were forced to return home, which gave us too much thought.

if you don't have insurance after buying a house with a loan, it is very unscientific and dangerous. I believe that many people who have just bought a house have already felt the pressure. They lived a free life before buying a house, but the pressure is steep after buying a house. Why? A 2-year mortgage means that your work cannot be interrupted during these 2 years. Once your income is interrupted due to accidents or diseases, your pressure will be even greater. And no one can guarantee that you won't get sick or have any accidents in 2 years. If there is a big personal accident, such as death or disability, the income will be interrupted forever. At that time, if there is no other way to recover the house, it will be your family that will suffer the most.

Generally speaking, you will have as much life insurance as you will repay the mortgage. For example, if your mortgage is 3, yuan, then you need at least 3, yuan of fixed deposit or whole life insurance to prevent personal risks during repayment. It would be better if you can buy health insurance at the same time and do a good job in health protection.

the fourth principle of buying insurance for your family: you must buy insurance before buying a house to protect you and your family!

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5. Buy insurance even for young people

According to the survey of those who have bought insurance in major cities,