Central Bank Cut Interest Rates: Pay Attention To Five Points For Financial Insurance Insurance

In November 2014, the RMB lending and deposit benchmark interest rates of financial institutions were lowered.

In March 1, 2015, the RMB lending and deposit benchmark rates of financial institutions dropped to 2.5% again.

The interest rate cut by banks has once again aroused the desire of ordinary people to manage their money, so it is better to find other financial channels to increase their assets.

Contrary to the central bank's interest rate cut, the sales environment of China's insurance industry has been improved after the promulgation of ten countries. With the enthusiasm of consumers for insurance purchases, the scale of China's insurance market has jumped from sixth in 2012 to third in 2014.

The central bank's interest rate cut has led to the sales boom of financial management insurance, which has been favored by consumers.

So, for ordinary people, how should we buy financial insurance?

1. When insurance is applied, insurance should be made in accordance with the order of first protection and post investment, and no insurance should be taken as a key point in the absence of any guarantee or protection.

We should understand that insurance is a steady and long-term investment channel, but it is not the only investment channel, nor is it a "overnight enrichment" investment channel.

Two, the premium should be matched with the payment ability.

Related experts remind that a family's annual premium investment should be controlled within 10%~15% of annual household income.

Consumers should take full account of their own reality before buying.

Do your best. Don't burden yourself on impulse.

Three. Pay attention to different types of investment

The expected investment income level and risk degree.

And universal insurance is mainly suitable for investors with relatively strong investment style and low risk bearing capacity. Investment linked insurance is a high-risk, high yield investment type insurance product, which is suitable for investment in the rising trend of the securities market, and is more suitable for long-term holding.

Before buying a joint venture, investors should carry out risk tolerance test, and then build an insurance portfolio according to their risk tolerance.

Four, understand product insurance period.

From the perspective of financial allocation, the liquidity of insurance and financial products is not strong enough, so it is suitable for the medium and long term unused funds to be used for financial allocation.

If it is short-term funds for urgent use, it is not recommended for insurance and financial management.

Five, fully understand the insurance clause in the insurance liability, payment method, insurance period, exemption clause, contract termination and other content, fulfill the obligation of truthfully inform.

At the same time, we should also understand the provisions of the 10 days of hesitation in insurance products, so as to protect their rights and interests.