Author | Source of Maomei | A cat friend from Damao Taobao bought a financial insurance when he graduated from university and paid 10,000 yuan a year. Now more than five years have passed. He said that he can finally get a refund in two months. "I finally waited until the insuran

Author | Maomei

Source | Big Cat Taobao

A cat friend bought a financial insurance that year after graduation from university and paid 10,000 yuan a year. Now more than 5 years have passed. He said that he can finally get a refund in two months. "I finally waited until the insurance refund could get back the money as much as the total premium I paid in the past years!"

There is also a cat friend who was particularly depressed before paying the premium every year. That universal insurance is like a thorn, which is so uncomfortable that it cannot be pulled out. Is there any insurance that cannot be refunded? It turned out that this insurance was sold to her by her husband's sister. It was said right at the time, "Save money if you are sick but not sick." After she bought it, she found out that the so-called "treatment if you are sick" in means taking out the money or borrowing the insurance policy loan if you are sick. has been watching him lose money once in the past two years, but he can't cancel the insurance. The cancellation will affect the performance of the child and aunt, which is equivalent to breaking up, and her mother-in-law can't get through the hurdle.

Buy insurance and buy it so much, it’s really, too! too! too! Not easy!

, it is better not to buy the wrong insurance.

If you don’t want to buy the wrong one, you’d better know these things before buying insurance.

01 Don’t be greedy and have the determination

Many people buy insurance, but their first thought is actually "If something happens, the money will be paid in vain" . It is this idea that you don’t want to spend money that has led many people to buy expensive refund insurance or lifetime insurance.

Don’t be stupid, how can insurance companies do charity? If you don’t take any danger, you will return the money. If someone else takes any insurance, it will cover the bottom line? Impossible. All the claims are shared by the policyholder. What you get is the money you paid by yourself back then. The insurance company helps you keep it and collects a commission. .

The difference between insurance and ordinary products is that it is invisible and complex, and hides many details that make it difficult for ordinary people to compare. Originally, insurance sales personnel played a bridge role to help customers understand insurance and solve information asymmetry problems, but when the butt (commission) determines the head, many people in often use any means to sign a contract. Some people fool and some people lie clearly, but the slightly moral one is that if you don’t ask me, I won’t say it. So in more cases, you need to know what you want under strong sales and stick to your bottom line.

02 Understand what the bottom line is

The first bottom line for buying insurance is that I buy insurance protection, not financial management.

If you are sick, you have money to treat it, if you die, you have money to keep it, and if you are disabled, you have money to compensate. This is what we often say, the last three things in "birth, old age, sickness, death, and disability". Insurance is the best solution for these three risks. As for the elderly and the children who have money to pay tuition when they go to school, these can be solved by insurance, but insurance is not the only way. Moreover, the preparation order must be followed by "sick and dead". Moreover, to reiterate, the "death" mentioned here is not about leaving at the age of eighty or ninety, but about losing people in the middle age of youth. At that time, there were old people and young people, and when the pillars left, the family would collapse.

The second bottom line for buying insurance is that insurance amount is preferred. When PKing with insurance amount, everything else must give way.

The simplest thing is, how much premium you pay in a year will not affect your life. If something happens, such as temporarily unemployed or a salary cut, will these premiums become a big burden. Don’t stick to the so-called “Double Ten Rule” and use 10% of the family’s income to buy insurance. Every family is different, how can it be the same for thousands of people? After the budget of is set, you can choose the product according to the budget. If the budget of is high, you can do it at will for life, multiple payments, death compensation amount, medium, mild or secondary compensation. But if the budget is limited, you need to give up some functions to ensure that your insurance amount is high enough and enough when something happens.

Cat girl encountered a lifetime critical illness insurance that was paid multiple times with an insurance amount of 100,000 yuan. The reason was that she was afraid that she would not have money to treat her aged serious illness, and she was afraid that she would not have money to treat her. She finally chose to pay for her even if she died.Ideals are full, reality is skinny, what serious illness is enough for 100,000 yuan? If it is a cat girl, she would rather choose a single critical illness insurance policy to be 60 years old, but the insurance amount is several times higher.

What we can’t afford most is getting sick when we shouldn’t have gotten sick. Which one is more sad, a cancer patient in his 30s or an 80-year-old cancer patient?

If you are young and healthy, you can take insurance step by step. First, buy regularly and wait for the better economic conditions before adding lifelong insurance. is also a step-by-step path.

03 What is expensive is not necessarily good

Many people believe in getting what you pay for, and think that what is expensive is good.

But this rule actually doesn't work in many industries. Think about the industries you know, some products are more expensive than the sky, but in fact the performance is not much better, and they are even worse than cheap goods. The same goes for

insurance.

Maomei knows many actuaries and does not buy their own insurance at all. Even if there are employees, they will not buy them for discounted prices. This is very telling.

insurance is a reporting system. As long as the actuarial model is not fake, there is actually no restrictions on pricing. Therefore, don’t believe that expensive is good nonsense. Good products rely on your own words, and don’t rely on exaggeration.

Remember we buy insurance, not publicity and hype.

04 Look at the contract!

After you are mentally prepared, the next step is to look at the contract time. No matter how difficult it is, you have to watch it. , especially insurance liability and liability exemption , are what you must understand. If it is medical insurance , the renewal part should also be focused on.

In addition to this, all special marks in the contract, such as black, bold, colored, and italics, must be carefully read. These are important information that insurance companies must prompt customers. If you don’t understand something, you can directly ask the sales staff, ask the official customer service, check the information, and support it from multiple sources.

Why is the contract so important? Because no matter how singular the salesperson says it, it is impossible to count it if it is not written in the contract. When making claims, the insurance company only recognizes the contract, and when a lawsuit is filed, the judge only looks at the contract.

So, no matter how difficult it is, you have to look at the contract.

In fact, over the years, the experience of buying insurance has accumulated by Maomei is really endless in one article. If you are interested, you can go to the public account to read it slowly.