How to buy insurance cost-effective?

How to buy insurance cost-effective? Dad can give the following advice:

1. Know your insurance needs.

Before buying insurance, you need to evaluate your insurance needs.

For example, do you need life insurance or accident insurance What is the insured amount? Do you need to include unemployment insurance or travel insurance? Knowing your insurance needs can help you choose the most suitable insurance products.

2. Compare the quotations of different insurance companies.

According to the type of insurance you want to buy, the premiums of different insurance companies will be different. It is suggested that you can go to the insurance company official website or the insurance website to compare and investigate the quotation.

For the same insurance product, there may be huge differences in premiums, so it is necessary to screen and compare patiently to obtain the most favorable insurance product.

3. Choose the right insurance type

When choosing insurance products, different types of insurance products have different coverage and premiums. For example, the general critical illness insurance premium is relatively high, but you can get high compensation in case of serious illness;

In contrast, accident insurance premiums are low, but there are also certain insurance benefits. Choosing the right type of insurance can help you get comprehensive protection in different insurance needs.

4. Buy insurance as soon as possible

The earlier the purchase time, the better. Because the earlier you buy insurance, the lower the premium. As you get older, you have to pay higher premiums for the same insurance product.

In particular, some types of insurance, such as annuity insurance products, will be more likely to accumulate higher assets and achieve financial management goals more fully if they are purchased at a young age.

Buy multiple insurances.

Buying multiple insurances can reduce risks and enjoy multiple insurance benefits. For example, medical insurance and critical illness insurance should be bought.

The former can help you relieve the pressure of medical expenses, while the latter can bring you higher protection in the event of major diseases. At the same time, the cooperation of various insurances can give you more comprehensive protection.

6. Don't buy unnecessary additional risks.

When buying insurance, insurance salesmen usually sell some unnecessary additional insurance services, such as additional accident services or additional travel insurance services.

If you don't think the additional insurance service is necessary for you, don't buy it, so as not to increase the unnecessary economic burden.

7. Regularly review the insurance plan

After purchasing insurance, you need to review your insurance plan regularly and make changes in time to ensure that the insurance plan matches your needs.

For example, if the family situation changes, you need to consider joining the insurance of your spouse or children. At the same time, we should pay attention to the update and change of insurance products to ensure that our insurance plan is not outdated.

That's dad's answer. If you don't know anything, please write privately.