Life insurance? Life insurance is not awesome at all.

Life insurance is divided into traditional insurance and non-traditional insurance. Most customers know the traditional dividend insurance and critical illness insurance. Non-traditional insurance is a new type of insurance, namely universal insurance. If you want to know how much money you pay each year, first, who is the applicant of this insurance, which is related to his age, gender, type of insurance and amount of insurance. For example, the insurance coverage of the same insurance is the same, and the premiums of adults and children are different. Generally speaking, children are cheap, and boys and girls are a little different. As for the income, I think what you understand is a simple dividend. It depends on the amount of insurance premium and the length of payment. Dividends are paid every year, not much in previous years. However, if dividends are not paid out, there will be interest. If the type of insurance is surrender, for example, a sum of money will be refunded in three or two years, and the money will also have interest. The interest of the insurance company is compound interest. Of course, it will take more than ten years or even decades to get an ideal income. These are traditional risks. Non-traditional insurance is universal insurance. Some financial management functions are not investment, because investment is risky. This kind of insurance is flexible and suitable for people aged 20-40. I don't want to introduce too much here because of the time. The first thing to understand when buying insurance is 1. Whose is it for? 2. what type to buy (that is, what to protect). 3. How much does it cost each year? Note: Insurance should be divided into general insurance in the same order. In the long life, everyone has made an ideal life plan for himself, but in the face of emergencies and disasters, who can be sure that everything will be satisfactory? Death, disability, illness and old age are risks faced by everyone and every family. When these risks come, family income will decrease, expenses will increase, and even life will be in trouble, which will not only bring heavy economic burden to family members, but also make them bear great mental stress. Insurance is not only a compensation after an accident, but also a psychological comfort. Life insurance is such a means to help people cope with uncertain events in the future. It can not only provide customers with lifelong life security, but also has a certain saving function.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.