How about Anbang bancassurance products?

The reason why this happens is because the staff of the insurance company in the bank fooled them into buying insurance products. These salesmen are still wearing work clothes, which makes people think they are bank staff. In fact, they are selling insurance. They specialize in fooling the elderly to buy insurance, which belongs to bancassurance products.

Bank insurance products need long-term investment. Most of them are 1 year and 3-year products, but now there are also 5-year and 10-year products, which requires consumers who buy insurance products as savings to think clearly before buying, whether the money can last for so many years. Because once you need money halfway, you can only choose to surrender halfway. As a result, even the capital was lost, not to mention the interest. Even if it is due, the income is likely to be lower than the bank time deposit. The return on the contract is called expected rate of return or historical rate of return, which is likely to be lower than this level and belongs to a pothole product. After purchasing the bancassurance products, there is a 10 day "hesitation period", that is, within 10 days after signing the insurance contract, if you regret it, you can ask for surrender and get back all the principal.

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