Family is everyone's harbor, but risks are everywhere in life, and how to do a good job in family risk management planning has become a problem that every family needs to think about. Based on the practical experience of handling wealth inheritance, the lawyer team of E-law Yishun Wealth Inheritance shares the following on how to do a good job in family risk management through a reasonable insurance allocation plan. Home insurance configuration
1.Demystifying the insurance configuration scheme.
As an important tool for family risk management, insurance is very important. Here are some common types of insurance and what they do:
a.Life insurance protection: By purchasing life insurance protection, you can bring income protection to your family in the event of the unexpected death of your main earner, ensuring that your family's finances do not collapse.
b.Medical insurance: Medical insurance can provide timely reimbursement of medical expenses in the event of illness or accidental injury of a family member, reducing the burden on the family.
c.Accident insurance: Accident insurance is an important protection against unexpected events, which can provide income protection in the event that an accident causes a family member to lose the ability to work.
2.Precautions.
When making insurance configurations, you also need to pay attention to the following points:
a.Do what you can: The insurance allocation should be determined according to the actual situation and financial situation of the family, and it is not advisable to over-insure or under-insured.
b.Comprehensive consideration: Comprehensively consider the age, occupation, health status and other factors of the family members to choose the appropriate insurance product.
c.Regular review: Family circumstances can change over time, so the plan needs to be reviewed and adjusted regularly to remain adaptable.
3.Case Study.
For example, Xiao Wang is the main financial leader of a family of four. In order to protect the stability of his family, he purchased a comprehensive life insurance policy with an insured amount of 2 million yuan and a premium of 2,000 yuan per year. In addition, he has purchased medical insurance and accident insurance to fully protect the health and safety of his family members.
One day, Xiao Wang unfortunately suffered an accident, resulting in a long-term recuperation and inability to work. However, because he planned in advance and purchased the right insurance, the family could not only be reimbursed for medical expenses, but also receive the corresponding accidental disability insurance benefits, ensuring that the family's life was not greatly affected.
Through a reasonable insurance allocation plan, families can effectively resist various risks and ensure the stability of family members' lives. Therefore, it is very important to do a good job in family risk management planning and choose the right insurance product, and I hope this article can provide you with some useful reference and inspiration.
The team of Yilu Yishun wealth inheritance lawyers has been focusing on wealth inheritance plan planning, risk isolation and tax planning in wealth inheritance for more than ten years.