How to do addition and subtraction to the Insurance Law Insurance Tips

Category: Insurance tips Release Date: 2006-08-01

Income change, family structures are changing and demand for the protection of the natural change must follow. Many already purchased the insurance people are feeling, according to the prevailing economic strength and security needs of the insurance policies have been outdated.

Wang came five years ago, bought a life insurance by 10 million, five years ago,

He married and had children, bought a house in the loan, although the burden has increased, but income has also increased, Wang came to consider that 10 million to protect fall short, but if they buy an insurance policy a bit excessive, sometimes difficult decision. Mr Lee's On the contrary, he was five years ago, purchased by 20 million in life insurance in recent years, no change in his income and expenditure has increased significantly, and he buy a house after the loan must be paid 3,000 yuan per month, for monthly income is only 5,000 yuan, he is somewhat inadequate, and he wanted to surrender, but so will bear no small loss, and therefore caught in a dilemma. Is there a good way to do addition and subtraction in the hands of the insurance law, and flexibility to adjust the amount to protect it? Pacific Life's products system, a set of addition and subtraction Art of War, can help with reasonable arrangements for the different needs of their policyholders protection scheme.

When taking out policies in accordance with the risk of life-cycle needs of the different characteristics of the insured amount to purchase the product with a bow. For example, the Pacific Insurance Life Insurance Long Tai Ankang

A deposit insurance payment in accordance with different ages in different protection. Xiao Zhang, 22 years old to purchase a basic insurance by 10 million long-Tai Ankang

A deposit insurance, in the 24 - 25 years old, of Sally's personal guarantee of 30 million, while a stable income and family responsibilities, but most of the 26 - 60 years old, and his security payments will increase to 50 million, to the after retirement 60 - 75 years of age, to protect the amount of decrease of 20 million, to 75 years of age, to protect into a 100,000 yuan. This flexible scheme can change Xiao Zhang do not have to worry about whether the insured.

In addition, he can also choose to have the function of increasing the insured amount of insurance. Taibao Personal Personal Accident Insurance (2003), not only automatically renewed, each renewal, the insured amount will increase the basic insurance amount was 5% to a maximum of no more than the last time to 150% of basic sum insured. If the 30-year-old Xiao Zhang 300,000 yuan to purchase an accident insurance which the insured amount automatically renewed each year in each of the sum insured will automatically increase 15,000 yuan, to 40 years old, the insured amount will be increased to 450,000 yuan .

Universal insurance is an investment-based, taking into account security function of the insurance, the insured real return investments with the insurance company changes, but the company promises guaranteed minimum interest rate. Classes with the same insurance as an investment dividends, insurance, investment linked insurance, compared with a fairly obvious universal insurance advantage ------ high degree of flexibility, while the other two kinds of insurance, the amount of insurance can not be arbitrarily determined a change.

Universal to buy insurance to protect policyholders the flexibility to change the amount of premiums and payment period, the increase in revenue can be increased premiums, an increase in the reduction in income or expenditure (for example, buy a house, buying a car or a child to college, etc.), can also be due to lower premiums, they can even pause to pay the premiums, and so have money in the future continue to pay. The policyholder is entitled to life insurance protection will not be affected. Not only that, policyholder can also be half-way to withdraw money from investment accounts to meet their immediate needs.

Universal-type insurance, insurance, risk protection to consumers must first be a relatively rational knowledge, each person at different ages of different responsibilities, risk protection requirements are not the same. Consumers should be based on the actual situation of their own, setting the most appropriate amount of protection, that is, determine the best protection and investment ratio. In addition, pay bills and obtain the characteristics of flexibility also ask the insured should pay attention to discipline and not because of missed payment period Ershi the best return affected.

It is clear from, if your income is not yet very stable and at the same time is reluctant to commit too much investment risk, insurance universal-type insurance is undoubtedly a good choice.

For the insurance to do subtraction more difficult than doing the addition, in addition to universal insurance, other insurance on the market are not at liberty to reduce or stop payment fees. Of course, if the insured for long-term life insurance find it difficult to pay, there are still can be applied to account, the best approach is to apply for reductions in the amount paid, rather than surrender. The so-called reduced the amount paid refers to the policy's cash value as the net Wholesale to pay insurance premiums (paid when you apply by the amount of the insured person's age corresponds to 95% of insurance premiums to pay wholesale) to the same contractual conditions and reduce Xiang insurance amount, the contract remains in force.

However, there are paid by the amount of the corresponding constraints. Apply for reductions in the amount paid, the policy must have cash value, generally have to pay at least 2 years. If non-payment of premiums changes, loan principal and interest or principal and interest premium pad should be subject to liquidation before processing. After processing by the amount of insurance paid shall not be required to restore the original forms of payment shall not apply to insured, surrender to increase the preservation of laws about such changes.

Of course, the insured can also choose to surrender, but the long-term life insurance terminate a contract with a great pity that will be subject to no small loss and impact.