Category: Insurance tips Release Date: 2006-08-01
At current prices, insurance premium payment mode is more flexible and can take a one-time paid (ie, barge to pay), can also be paid in the form of annual installments (annual payment, annual payment limit). When the period when the annual payment, individual insurance companies typically offer a 5-year, 10 and 20 years, a variety of payment deadline. As to the specific time of purchase, choose which payment method is mainly based on the insured's economic balance of payments, affordability, and pursued by the insured to pay and protection needs of more than determined.
From payments perspective, the annual payment and the deadline to pay the best years of
Years to pay, that is, once a year to pay insurance premiums until the liability insurance premium payments beginning of the previous year. That this payment the form of a time span is longer, some up to several decades. This took the form of payment may be long, but the annual premiums paid by relatively few.
Year deadline to pay, that is, when the agreement was signed insurance contract premiums paid within a certain number of years. In addition to this payment form to pay the merits of years, but also according to their economic capacity of the insured, and the estimated future income to determine the payment deadline. If the current economic situation very well, they pay more, pay bills on time is short, otherwise, the payment period can be stretched more. Deadline for payment of annual fees are now used in more common forms.
Wholesale payment, or pay a one-time premium. Advantages of procedures are simple, the disadvantage is that in general the insured can not afford.
From the security point of view, a more cost-effective payment option a long time
Insurance is essentially to seek help and protection, and the protection level the higher the better. To pay a little premium, once when Chuxian can receive adequate protection. This applies in particular to health, medical insurance, purchase, and now the treatment of major diseases, as well as other medical expenses costs are considerable, it is generally difficult to bear this medical costs. If the insured person with a view to pay in the form of purchase of health, medical insurance, once the heavy toll of those infected with disease during the period, then customers may pay only a fraction of the actual premium or even a few one-tenth of the cost of , you can enjoy the high level of medical protection, we should say very cost-effective. Such as the Pacific Life's "Long Tai Ankang (B) insurance, universal life-long critical-illness insurance, life insurance, hospitalization subsidies" and other products, regardless of the protection of content, security lines, or in the payment can be a good way to meet the insured demand, is now on the market to buy it is in demand.
