What are the classifications of new life insurance?

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Xiao Nuo answer:

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Compared with traditional life insurance products, new life insurance products are a full and ingenious combination of insurance products and other financial products. These products not only consider the convenience and interests of the insured and the insured, but also pay attention to the dispersion of the insurer's own business risks. At present, there are mainly the following new life insurance products:

1, investment link insurance. Also known as investment-linked insurance, it is a kind of life insurance with insurance protection function, with at least a certain asset value in the investment account, and does not guarantee the minimum income.

2. Universal life insurance. It is the mainstream product in innovative life insurance. It is flexible in terms of time, term and method of premium payment, which greatly facilitates customers.

3. Universal variable life insurance. This type of insurance can provide lifelong protection for the insured, and it can also provide protection for a period of time, so as to flexibly adapt to the needs of the insured.