How to buy endowment insurance is the most cost-effective, starting from these three aspects.

Endowment insurance is one of the basic social insurances in our country, and it can also guarantee our old age. So how to buy endowment insurance will be more cost-effective? Let's have a look.

How to buy endowment insurance is the most cost-effective.

1. Participation form: From the perspective of social security benefits, it is better to participate in employee pension insurance; If there is no fixed unit, then if conditions permit, choosing flexible employment social security can enjoy good treatment; For the general income group, you can consider directly participating in the endowment insurance for urban and rural residents to keep paying, no matter how much, at least it is a guarantee.

2. Payment grade: The higher the payment grade of endowment insurance, the better the corresponding pension benefits will be; Of course, the payment also needs to consider your actual income, and you can choose the appropriate payment grade according to your actual situation.

3. Payment period: The payment of endowment insurance follows the principle of long-term payment, and it is definitely the best to be able to pay continuously. Conditions are limited, but also to ensure the minimum payment period.

How many grades does endowment insurance have?

1, basic old-age insurance

The basic old-age insurance refers to the old-age insurance paid by the state, enterprises and individuals, which is the most basic old-age insurance. According to the different household registration and work nature of the insured, the basic old-age insurance is divided into the basic old-age insurance for urban workers and the basic old-age insurance for urban and rural residents. In the proportion of payment, enterprises and individuals each pay 8% of their wages as the basic old-age insurance expenses.

2. Supplementary endowment insurance

Supplementary old-age insurance is a value-added service based on the basic old-age insurance, which can provide more comprehensive and better retirement protection for employees. Supplementary endowment insurance is jointly paid by enterprises, employees and insurance companies, and the proportion of payment depends on the specific insurance scheme and the level of protection.

3. Personal savings account

Personal savings account is a kind of endowment savings that individuals voluntarily participate in, and it is the third file of endowment insurance. In the personal savings account, employees can deposit part of their wages into the account according to the prescribed proportion, and the funds in the account can be used for the consumption and life of employees after retirement.

Therefore, endowment insurance is actually divided into several grades, and the choice must be determined according to the specific situation. Of course, the reputation and service quality of insurance companies must also be taken seriously.