Category: Insurance tips Release Date: 2006-08-01
Moderator: This year during the Spring Festival, I received a friend a text message he sent this message two dollars spent, but it gave me 5888 yuan of accidental injury insurance. And this by the Ping An Insurance and Sohu launch joint activities during the festive season is very hot, the latest data we have today, there are more than a million people to their friends and relatives to send such messages with the blessing of the insurance. Today, insurance has become fashionable gifts, but in the end you know what kind of insurance do it for themselves, let the people in the end how to finance the insurance does? Today we have invited the Central University of Finance and Insurance department head Professor Hao Yansu, a topic up and talk in this regard.
Moderator: Hao professor, has just this past year, for our country in terms of the insurance industry is also made a very great development and progress?
Hao Yin Su: Yes, then China's premium income in 2003 reached 388 billion, the insurance industry, the total assets of more than 9 100 billion, the overall increase in the size of the entire gross domestic product growth of 3 times.
Moderator: That is, there are now more people are willing to come up with money to buy insurance. However, our reporter also found that, although we hope to increase expenditures in the family financial insurance, one can indeed have a lot of places get less clear.
In the Beijing branch of Ping An Life Insurance Customer Service Center, the reporter interviewed a number of formalities to insurance consumers. These consumers said: they buy insurance, and my heart really feel the insurance should be a way to get families more secure future life of financial instruments. But when a reporter asked in the end should show how much money to buy insurance, to buy or give their children to the adults, as well as what to buy insurance, the right to buy some basic issues such as when the vast majority of people have said that they did not understand, buying insurance, when most of all obey the insurance salesman, or an acquaintance's recommendations.
Consumer: "I am not sure that this is a friend introduced to me and said that the benefits of buying this Tingduo, so I bought."
Consumer: "This I can not know. As for me, I feel, or give their children a good point to buy the insurance."
Consumer: "I do not know, I really do not know. I did not much thought, he later said that I bought one."
Consumers want to engage in money management through insurance, but the basic knowledge of financial management of insurance little knowledge, then in the end how to choose insurance to finance it? With these questions, we visited a number of insurance companies. China Life Insurance Company of the Ya-East, said: Consumers buying insurance must have a clear number of important issues, first of all to whom the insurance? Children or adults?
When buying insurance, the child of light weight adults, is now a lot of families often entered in error.
Ya-East planning department of China Life, said: In essence, buy insurance, first we consider is a risk transfer. We all know that transfer of risk is that your family a very important financial management tool. Then the transfer of risk is necessary to see who is at greatest risk.
China Ping An Life Insurance Marketing Dong Peng Beijing Branch, said: Children are important, but the insurance money management is reflected in the family to avoid financial risk. Adults accident on the family impact would be far greater than the loss of a child. Therefore, we propose in the insurance, the first thing that should be considered adults.
Consumers buying insurance to another need to clarify the matter: Learn how to match the insurance insurance.
According to insiders, is currently on the market of life-long life insurance, pension insurance, health insurance and accident insurance all have different characteristics, for various types of insurance, the following should focus on the consumer to know:
Whole Life Insurance: Normally, the insured person because of illness, accident causing disability or death, before they can get insurance.
Endowment insurance: the equivalent of a regular basis to insurance companies to save money, to the Paying expires, you can receive money from insurance companies and pension, in addition, during the period of insurance can be death or total disability protection.
Health insurance: the insured person is hospitalized or diagnosed with major diseases, by the insurance company to pay insurance money or to reimburse part of the medical expenses, insurance more powerful.
Accident insurance: the insured in the event of accidental death or disability, you can get insurance compensation insurance, such as the aviation accident insurance. As the probability of accident is relatively low, so the price of such insurance generally very low and very high protection.
Then the consumer in the end how to choose the right insurance to match it?
China Ping An Life Insurance Marketing Dong Peng Beijing Branch, said: In the mix of insurance products to purchase insurance, we should first consider the accident. Well, to a life-long life insurance or life insurance on a regular basis, you should be the main consideration is that you first of all family income and family protection needs, then allow your income range, consider buying a more appropriate amount of life insurance products. As for the pension should be entered middle age, considering the individual's pension problems.
The industry also reminded everyone that they do not exist on the social basic medical insurance, through the insurance companies to buy health insurance to alleviate the pressure on medical costs is important, but if you already have a basic social medical insurance, then buy health insurance when should pay attention to select those basic social medical insurance reimbursement in the amount and scope of the commercial health insurance does not cover. In addition, a number of families should come up with money to buy insurance for the industry have also given their recommendations.
Ya-East planning department of China Life, said: That the insurance as one of the tools of fiscal management must be in the family financial management, there is a reasonable proportion, according to our experience, we believe that ordinary working families or middle-income families, he annual income of 10% to 20% relative for planning within their own life insurance is more reasonable one to consider.
Moderator: We often say working families, middle-income families, Professor Hao what kind of family, what kind of income can be drawn to such a concept inside it?
Hao Yin Su: Generally speaking, that is, like Beijing, Shanghai, the largest city monthly income of both husband and wife over a million, such a family of three, it is equivalent to a middle-income families, but considering that he bought insurance in the end to be What percentage, I would like to have several conditions, first he was very little spending on the infrastructure for the family if he bear a heavy mortgage car loan, the repayment of several thousand dollars a month, then the inside the cost is high, and the second for the children's educational expenses, he is normal, because it now includes many students expect a lot of families on children, put aside several major items of expenditure, it should be speaking, insurance expenditures amounted to 10% so is a very good arrangement planned.
Moderator: So for the average working families in terms of, Hao, Professor, could you give our viewers a suggestion, we really should be how to carry out insurance and portfolio mix of species?
Hao Yin Su: the cause of people who are busy all day, you can choose to buy three insurance, the first and pension-related life insurance, second and serious illness related insurance, the third, it may cause the business people, or people who travel often, or regularly participate in a variety of social activities, buying a complete accident insurance; the same time giving our children choices accident insurance and education series, as well as serious illness insurance, I think we do not advocate for our children, including me also do not give my child to buy life insurance, because life insurance is something after him, I think waiting for him to adulthood, to arrange his own, rather than what we now take this matter very carefully done. Also consider arranging insurance for our homes, while motor vehicle insurance, as well as domestic service workers insurance, so the inside should be the choice of buying insurance first to see what you need, but some people say that a lot of my income, I can buy a lot of insurance It does not matter what you need to see what you need, because we are now thousands of products, but also family-related products have hundreds of different depends on what we need most what it is.
Moderator: select the right product mix and composition of this, after all there may be a more troublesome problem, because we now know are more insurance companies, insurance companies have introduced product categories are more sometimes more esoteric terms, we compare headache is how to choose the most suitable for their own insurance products, the most suitable for their own insurance company, in this respect do you have good suggestions for us?
Hao Yin Su: first, to choose insurance option, insurance companies are very critical, especially life insurance, life insurance equal to I entrust my life to a number of institutions, then the relevant circumstances of this body we should have an understanding, I would like to as an ordinary consumer, the first network of its institutions to understand whether it can meet your future life and development needs, especially when many career-oriented people, business people, he often walked up and down in various places, then the life of his choice insurance companies should be institutions throughout the country, and even throughout the world state. Another look at the state of the insurance company's assets, the asset status and credit, these areas through a number of media, through the general information can be, as the product is good or bad, I think I can, through insurance brokers or insurance agents are introduced and understanding.
Moderator: What should pay attention to the specific provision?
Hao Yin Su: I think the project is complex because of the insurance, item number, if the purchase of some long-term life insurance policy, usually a cool, what is a cooling-off period? Cooling-off period is equivalent to an observation period, within the cooling-off period you can surrender, you can go back on. Then there are about 8 days to 15 days. If you are short to medium term this product is a product that it may not have a cooling-off period, you have to look at 3 key, the first insurance liability, the second exclusion, the third refused the terms of the circumstances under which it is not compensable.
Moderator: A reporter found that in the interview, in addition to insurance, do not know what to buy and do not know how insurance to the mix, many consumers for insurance, financial management, there are some erroneous understanding. Although China's insurance industry is developing rapidly, but still in the initial stage of development, the reporter found in the interview, in fact, many consumers finance the insurance, there are still errors that could earn a fortune by buying insurance.
In an interview with reporters, some consumers mistakenly think that: By buying insurance you can get rich, that dividends and insurance investment type insurance, high rates of return.
Consumers: "may be 10%, almost it."
But this is not the case. According to insiders, dividend-based insurance itself is a very good insurance, there is a certain degree of financial management functions, but does not mean that the insurance will certainly guarantee that dividends will have a good dividend year after year.
Ya-East planning department of China Life, said: I believe we all know that any one industry, its average investment rate of return are subject to the overall environmental impact of large, so my personal view is that if consumers expect a certain type of bonus through the purchase of insurance to get the kind of so-called high-return, then I suggest that this idea should be more rational.
In general, the specific investment type insurance, investment and dividends only an incidental feature, but the return on investment and risk needs of insurers and policyholders bear the burden. To industry sources, the main function of insurance products, or insurance coverage, if you experience only emphasized the benefits of insurance marketing personnel, and that is clearly misleading.
China Ping An Life Insurance Marketing Dong Peng Beijing Branch, said: through insurance financial management, mainly for your family reasonable arrangements for the funds and planning to avoid the risk of the family, that is, illness or accident at a time when financial difficulties, it also will allow your family property, preservation and appreciation.
As financial instruments, insurance, what useful functions? The answer is yes, such as lending function. When you need to spend the interim time, you do not have drained away insurance, loss of high fees that would use the policy lending functions, you can get insurance as security for loans to meet their urgent needs.
Ya-East planning department of China Life, said: There are two ways insurance, mortgage loans, a customer is relying on the insurance you hold a valid one-way applications for loan insurance, which is a way, another way is to customers With you hold a valid insurance policy, use it as a portfolio to banks for mortgages.
Moderator: If it could not invest in anything, can not rely on insurance to make money, then buying insurance to financial management, how it reflected the basic functions?
Hao Yin Su: It should be like this, I have just mentioned, insurance is a family or a business's financial plan, because the future risk is uncertain, the uncertain future of the phenomenon is now identified, by way of buying insurance for arrangements, Such an arrangement is in itself of this fiscal, of course, I am buying life insurance, life insurance with savings features, the life cycle of a single very long, in the meantime I can choose to have a financial value to a number of related products. Attention to its add-on products, then tied up, I know that many insurance companies have also launched the product, including investment products, including bonus products and so on, but first I bought this product first is to protect the core, and the second launch of the insurance companies Other add-on products. This issue should be separated, if the consumer he is a capital market, securities market great deal of research, if that is a customer, I personally suggest that you buy insurance, you can choose focuses on security-type products in this regard, of course, if you time, busy, or do not understand the capital market in many cases, you can also purchase dividend-based investment products, commissioned by insurance company financial management, financial management practice, but insurance companies and other financial institutions is the same as financial , because the insurance company he can not jump out of the current capital market environment.
Moderator: On the other hand is in the middle of program we have just mentioned, and now the insurance function of the service more and more, and the use of life insurance policy we can have secured loans, insurance companies can borrow, the concrete implementation of this function up and will not be a trouble?
Hao Yin Su: It should be speaking, from our country's current situation in perspective, is relatively cumbersome, but it can still operate and operation, and now all of the life insurance company, he was on his life insurance products have a mortgage commitment, this written in the contract which So, this which would like to add that not all of the insurance policy can apply for mortgage loans, will be able to pose a financial asset can mortgage insurance, while the composition of financial assets, insurance policies must be life insurance policy, like our automobile insurance policy, like our family property insurance policy, like our serious illness insurance, accident insurance is not mortgage loans.
Moderator: through insurance products, financial management, and content of such means will increasingly rich and colorful?
Hao Yin Su: That's for sure, because the State Department had just issued to promote capital market development in nine submissions received, the first time, the insurance company to become the leading force in the capital market with this view, this argument to the insurance company actually refers to a high altitude, the insurance company to become the leading force in the capital market, since become a leading force in the capital market, insurance companies have the power or ability to participate in the development, or to interfere with the relevant financial products.
