1.Participating life insurance
Participating life insurance is a survival dividend in which the beneficiary receives a survival bonus in the event of the insured's death in addition to the basic policy. Customers can also choose to accumulate funds for the survival bonus to increase the possibility of survival and wealth appreciation. Specifically, this type of product tends to be stable and profitable, with the characteristics of low risk and high protection.
2.Whole life insurance
Whole life insurance is a kind of life insurance that guarantees life for a long time. No matter when and under what circumstances the insured passes away, the insured will be paid the sum assured. Because this type of insurance is charged in the form of life insurance premiums, the premiums are usually higher than other types of life insurance.
3.Accident insurance
Accident insurance is a professional insurance product, and the insurance company will provide high-quality, fast and accurate claim settlement services for the insured after the accident is encountered. This type of insurance product has the effect of promoting family and social stability, and is a popular life insurance.
In short, no matter which life insurance you choose, you need to consider it according to your insurance needs and financial strength. Before choosing any insurance product, you should have a detailed understanding of the details of the product, the terms of the insurance and the creditworthiness of the insurance company for a thorough evaluation. More importantly, it is necessary to clarify your own needs and appropriately match them with your own scenarios.