The benefits of buying life insurance
We believe that with the information we share, people can be confident to choose the best life insurance products and suit themselves and their loved ones for life. safer and better.
Today, many people take part in life insurance, so what is the benefit of life insurance?
In the present life, everyone desires themselves and their loved ones to be cared for and protected best. So life insurance is an effective and civilized solution for families, let's take a look at the great benefits that life insurance offers to choose for yourself and your family the best insurance policy. .
When life insurance advocates not only bring great benefits to society but also bring values to individuals and families, what are the benefits?
For the society
As every family participates in life insurance, the national budget for care for the elderly will be reduced.
Raise funds to invest in long-term projects to help the country grow.
When all households participate in life insurance will help the society more stable.
For individuals and families who insured
When you join the insurance, you will be assured that there is a financial guarantee that in some cases you may be at risk of total or partial injury, even death. Thanks to the social insurance that helps to make your family life more stable and secure.
When a family joins the insurance, the way parents accumulate finances to make future plans, such as buying a home, buying a car, enjoying old age, or feeding their children. , ...
Paying for final costs, the life insurance company's compensation is usually the final expense, such as payment for surgery and medical expenses. Or insurance claims to repay.
Having a disciplined life saving plan, when participating in general invisible life insurance, will give you a habit of saving in a disciplined way. Only if you participate in social insurance will you have the best savings plan to serve your future.
What is the difference between life insurance and savings?
Many people wonder whether to use the money available to buy insurance or deposit savings. So between the two types of life insurance and saving money like and how different?
The same point
- Between savings and life insurance, they attract a large amount of cash from every single individual. This fund contributes to the development of the economy, contributes to anti-inflation, creates more jobs for people and reduces social evils.
- The depositor will receive a certain amount of principal and interest at the end of the term.
- Both of these forms contribute positively to the economic growth and development of the country, contributing to the stability of the labor force and attracting idle capital. Therefore, this form is protected by the state.
Differences
Different in purpose:
• The purpose of the deposit is to receive interest and is usually received in a certain period of time.
• The purpose of life insurance is not only to save money but also to overcome risks. In other words, life insurance is social and has great synergy.
Different in nature:
• As mentioned above, we can easily see. For life insurance is deeply social.
• Savings are more economic.
Different in terms of sending and submitting:
• Savings: People with money must bring their money to the bank to carry out savings.
• Life insurance: You can do the procedure and sign the contract right at home.
Different about depositors and recipients:
• Savings Deposits: Depositors and receivers are 1, or may have legal heirs.
• Life insurance: There are two cases. If life insurance is limited, participants and recipients are the same. Only if the insured person dies, the recipient is another person. As for the education security contract, participants and recipients are two different people.
Friday, April 27, 2018
What are the benefits of life insurance?
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