The new life insurance features include

Give consideration to safety and financial management functions. Generally, the payment period is longer and the protection provided is more comprehensive.

Payment and collection are more flexible.

1. has dual functions of insurance protection and investment income. Part of innovative life insurance is used for insurance protection. During the guarantee period, customers can get basic protection such as death insurance, total disability insurance and expiration insurance, and part of the funds can be transferred to the investment department of the insurance company for investment operation, and the investment income belongs to the customers, so as to achieve the purpose of asset appreciation. When the actual income is higher, customers can get more profit space. However, customers should also clearly realize that benefits and risks coexist, and investment still has certain risks.

Second, the account is relatively independent and the operation is transparent. Customers will have an independent personal investment account after taking out innovative life insurance. In this account, the individual's payment, collection, investment expenditure and income are clearly recorded. In order to ensure the vital interests of customers, insurance companies will also conduct independent management, independent evaluation and independent accounting of these accounts to ensure transparent operation and reassure customers. Insurance companies will also regularly evaluate the asset value of customers' investment accounts, so that customers can fully understand the policy information and facilitate the supervision and management of regulatory agencies.

Third, the level of protection cannot be determined. The premium of innovative life insurance is determined according to the larger value of the insured amount and the total value of the investment unit in the investment account. When the total value of the investment unit in the investment account is lower than the insurance amount, determine the level of protection and pay the insurance premium according to the insurance amount; However, when the total value of the investment unit in the investment account is higher than the insurance amount, the insurance amount is paid according to the total value of the investment account and increases with the increase of the asset value of the investment account. At this point, the level of protection shows some uncertainty.

4. Income and risk coexist, investment is risky, and you need to be cautious when entering the business. This sentence is familiar to everyone, and so is the insurance of innovative life insurance. The actual investment income of the customer depends on the investment performance of the insurance company's special account, and all investment risks are borne by the customer, so the investment return is uncertain.

The verb (abbreviation of verb) above is what innovative life insurance is and what its characteristics are. From the above, we also know that this kind of products have the dual functions of insurance protection and investment income, with relatively independent accounts and transparent operation, but the level of protection is uncertain, and the benefits and risks coexist. Considering the nature of insurance protection, it is suggested that this kind of insurance should be considered on the basis of perfecting other personal insurance and with sufficient budget.