Do not blindly choose the insurance comparison insurance premium Insurance Tips

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

Under the same conditions, the lower the premium, which means the lower the security responsibilities along with the increasingly fierce competition in the insurance market, insurance products are becoming more abundant, policyholders in the face of numerous insurance products, they often choose products that insurance premium rates as a an important criterion. Recently, the reporter interviewed the Sino-British Life Assurance Company Limited Beijing Branch Vice President Zeng Gang. Zeng Gang said that the most fundamental function of insurance products is still the security function, the lower the premium, which means the lower the security responsibilities.
Policyholders in the selection of insurance products, it should be from a personal and family protection needs of departure, choose the best cost-effective products.

"The lower the premium, which means the lower the security responsibilities,"
Reporter: Sino-British Life on Beijing's market has been a year, do you think now, when customers purchase insurance products most frequently What are the problems? Zeng Gang: Many people purchase insurance products, always compare the price of the product. For example, a medical health insurance, they will ask: "the insured amount still 10 million, why do some products much more expensive than some other products?" In fact, under the same conditions, the lower the premium, it means that security responsibilities lower. In general, the lower the premium product range of illnesses covered less. It sounds about the same products, security responsibilities, and service may be, there are many differences.

In addition, despite the current market gathered in Beijing, more insurance companies, the product is also very rich, but overall, this is still a primary market. Therefore, the need to strengthen professional standards of practitioners as much as possible.

Reporter: In other words, is not a low-premium product will certainly cost-effective? Zeng Gang: true. Similarly, the high premium product also is not necessarily a good product, the key depends on your purchase of insurance products are suited to their needs. Insurance must first clear understanding of their needs, and then according to the affordability of the selection of the most pressing needs. Both to meet the security needs, but also eliminates unnecessary waste.

On-demand adjustment in the purchase of insurance policies
Reporter: How do you view the current public awareness of insurance? Zeng Gang: Now, the public insurance awareness is steadily increasing, which indicates that China's insurance market is gradually maturing. For the insurers, but also should be based on changing market conditions, to adjust their business strategy.

Reporter: protection of the public to buy products with a significant financial investment type products, which require special attention? Zeng Gang: different individuals, different families, and even different stages of life, and to ensure the needs are different.

As China's social security system, changes in retirement planning in the growing importance of life appear. Therefore, the sooner the better implementation of the retirement plan, at least after the age of 30 must be started. Plan, the monthly available financial resources to achieve pre-retirement income if 80% of flies would be more comfortable retirement. Furthermore, it should according to the characteristics of different periods to the appropriate support. Such as the growth stage in the family or the age of 60 after retirement, and to ensure the needs are very different, and therefore the right medicine at any time to adjust insurance strategy.