When choosing insurance, you generally don't buy popular insurance.
Choose insurance according to your family situation
I have an eldest sister who went to Hong Kong for a few days last week, and was grabbed by a roadside signman in Harbour City for Amway insurance, and instantly became interested in Hong Kong insurance. Yesterday I came back and asked me if the product was as good as they said, and when I heard it, it was still a professional insurance officer in Hong Kong, and she explained it clearly, the pros and cons were clear, and she didn't exaggerate the return or anything. This is where I think Hong Kong's financial industry is better, and it is more disciplined than our business.
However, I know my eldest sister too well, and the product she understands is not suitable for her, because her two children are older, the older one is in college, and the younger one is also in high school, and the payback cycle of that product is a bit long, so I recommended another one, which is a little shorter, so that she can do property inheritance and policy splitting. In this way, her children can start withdrawing dividends when they get married and start a family. Of course, it's okay if the money doesn't go out when the time comes, but I have to prepare for both things.
At present, there are at least more than 20 popular products in the Hong Kong insurance market, although everyone looks similar, but the subtle differences are still quite large, some are suitable for early collection, some are suitable for wealth inheritance, and some are better value-added services. This should be decided according to the actual situation of your family and your individual, blindly listening to which product the insurance officer thinks is good, it really makes little sense to recommend it to you, and it is easier to step on the pit.
This is the same reason that some insurance officers in the mainland recommend health insurance to 60 old men, the rate is not cost-effective at all, and the physical examination is troublesome. You're worried about the efficacy of insurance, and they're worried about inflating your premiums. Got it?