Delayed retirement is coming! What kind of insurance do you really need?

In today's society, for most of the workers are very much looking forward to their retirement life. But in the "14th Five-Year Plan" and the Vision 2035 program clearly proposed to gradually delay the statutory retirement age. So what impact will this policy, which involves the reform of all aspects of society, have on us?

1. The severity of the employment trend. For contemporary graduates of college students, the graduation trend is now very serious. If the delayed retirement really started to implement, it means that a part of the jobs are still occupied, leaving fewer jobs for young people. Exacerbating the employment crisis for young people. At the same time, it also has a great impact on the life planning of the elderly.

2. Ease the pressure on pensions. Why there will be a delay in the retirement policy, on the one hand, is due to the declining birth rate, resulting in a decreasing demographic dividend, on the other hand, the pressure on the existing pension is very large, it is likely that at some point in the future there will be serious problems. So the delayed retirement policy can alleviate the pressure of these two aspects to a certain extent.

So how do we avoid the worries caused by delayed retirement we can consider configuring a commercial insurance for ourselves. Some people may feel that they have social security, even after delaying retirement, they can still receive a pension every month. However, strictly speaking, especially for those who enjoy a high quality of life and high salary and benefits when they are working, the monthly social security pension will not be able to meet their retirement needs. So we still need to save for a rainy day and plan for a quality old age for ourselves.

We need to know, first of all, the five principles of buying business insurance.

1. Protection before finance. In the configuration of commercial insurance, do not think of buying financial products first, the most important function of insurance is to protect the individual, and then to create wealth.

2. First adults and then children. Adults are the breadwinners of the family and are the main source of income for the family, so they should be considered first when configuring insurance.

3. Buying insurance is about transferring risk, and only sufficient coverage can adequately protect against risk.

4. Risk before probability. The main purpose of buying insurance is for protection, no one would want to be really insured. So when you buy commercial insurance, you need to consider whether you can afford the risk if it does happen.

5. Long-term configuration gradually improved. Configuring insurance is a process that needs to be slowly perfected, and it can't be done overnight.

After understanding the five principles of purchasing commercial insurance,we will learn more about how to configure insurance to avoid the worries that delayed retirement brings to us.

First we can consider annuity insurance. Annuity insurance is a mandatory savings function, stable earnings, reporting clear, but also can be used to do asset segregation, in the configuration of insurance is worth considering. There are also many different types of annuity insurance, you can choose the one that suits you according to your situation.

1. Traditional annuity insurance: agreed premiums and guaranteed returns.

2. Universal Annuity: Life insurance products that contain insurance protection functions and have a certain asset value in at least one investment account. The premiums paid by the policyholder are divided into two parts, one for insurance protection and the other for savings and investment.

3. Participating annuities: These include participating life insurance, participating pension insurance, participating whole insurance and other types of insurance that have a dividend paying function.

4. Annuity + universal + dividend: This is a combination dividend insurance, which not only has a fixed income, but also has a universal account and dividends.

Secondly we need to consider our health. After the delayed retirement, the real retirement age of everyone will be older, so this time you need to consider their own health problems, configure an accident insurance, critical illness insurance or millions of medical insurance, at least you need to choose a can protect their health. Many of them do not know the difference between critical illness insurance and million medical insurance, we can use the following chart to specifically distinguish the difference between the two.

There are a few things to keep in mind when buying a pension insurance policy

1. The distribution of cash flow should be reasonable. The benefits of pension insurance lie mainly in the compounding effect brought about by long-term investment. If you receive a large amount of insurance benefits too early, it will lead to insufficient accumulation in your account when you really need it for your retirement. In addition, the pension payment period should be as long as possible, so that the coverage time will be longer, and the advantage of compound interest can be more obvious.

2. Flexibility in contributions. Before taking out an insurance policy, you should take into account your own income level and financial planning, and choose a suitable payment period. If it is too short, the financial pressure will be higher; if it is too long, the total premium expenditure will increase.

3. Premium waiver. Pay attention to the premium waiver content of the specific agreement, a more comprehensive premium waiver protection in the event of an accident, but also can normally receive the pension.

Pension is a cliché, but the risk of old age is unavoidable! Inflation coupled with a delayed retirement policy has invariably increased our pension risk. That deal with pension risk, in addition to the basic pension, financial insurance is also a good choice!

If you want to buy a good insurance, just reading this article is not enough! If you still can not pinpoint your own situation, the insurance configuration doubts, you can also find a professional insurance broker to consult. Because professional insurance brokers will have an all-round more detailed assessment of you, and can be customized according to your problems and needs. The company has a professional and strong team of advisors to match you with the most suitable and exclusive advisors, and Baidu search "Baidu Jun" to provide you with more professional advisors.