Will the financial crisis lead to life insurance?
Reward points: 30- settlement time: 2008-11-417: 06.
I bought Guotai Hongfeng endowment insurance for five years, and now it is two years. Do you want to take it out? Will I lose money if I take it out? If I don't take it now, will it be affected by the financial crisis? What should I do? Can I master the bank deposit now?
Questioner: bing Nami- the third-level doorman
Best answer
Your behavior is divided into the following points:
1. Early termination of the insurance contract: this is not desirable. Generally speaking, there will be losses if you terminate the insurance contract in advance, especially if you have only paid it for 2 years. Insurance is a promise to pay due, and the due income is guaranteed.
2. Will it be affected by the financial crisis if you don't take it? I'm sure it will. What you can see now is that the universal settlement interest rate of various insurance companies will be lowered, and the dividend amount will be reduced accordingly. Because insurance companies also rely on investment income to pay dividends to customers. But it won't cause you a loss, because the policy itself has an interest rate of 2.5% (excluding dividends), which guarantees the bottom payment. So your principal will not be affected.
3. Put the money in the bank: This option is yours, and the bank is still safe, at least it can break even. However, China has now entered the channel of interest rate reduction, and no one knows what the future interest rate will be, and it will definitely fall. Coupled with rising prices, your bank's income is actually negative interest rate.
Finally, insurance and banks are two different financial channels, each with its own advantages. Insurance not only provides you with protection, but also has some financial functions. It is a medium-and long-term investment, and the bank is an ideal place for us to save money in the short term, so my suggestion is that if you make short-term savings, then the bank is an ideal place. And if you make long-term plans, insurance is better than banks. At the same time, as a kind of compulsory savings, insurance can better accumulate money.
Answer finished, I hope it will help you!
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.