ANTD.VN - Which life insurance is suitable to buy is a concern of many people, when currently the life insurance market has many similar products. To solve these difficulties, you can refer to the useful experiences below.
Understand your needs when participating in insurance
Assessing and analyzing your actual needs is a prerequisite when participating in insurance. Although there are many life insurance products, if classified by nature, benefits can be divided into: Insurance products that purely protect against risks of illness, accidents, etc. Mixed insurance products are suitable for the need to protect against risks and save and accumulate for the future; Investment-linked products both protect finances and invest for profit.
You must determine what purpose you are participating in life insurance for? Health protection, financial accumulation, retirement, or investment for profit? What are the health and risks present in your career? Understanding what you want will help you easily choose the right life insurance to build an effective financial backup solution against risks.
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Understanding your needs helps you know which life insurance is good to buy without being overwhelmed by many choices. |
Life insurance packages with reasonable premiums
Life insurance is a long-term financial protection solution, and when participating, the insurance premium will be part of your financial plan. Therefore, after understanding your needs, you need to consider your financial capacity. If you choose an insurance package that suits your financial level, you will ensure that you pay the full premium, maintain the contract for a long time and do not affect the benefits received.
To prevent insurance premiums from becoming a concern for participants and to ensure long-term companionship, Prudential financial experts recommend spending 10-15% of your monthly income on insurance. You can choose an insurance product with flexible premium payment periods (increase/decrease/suspend premium payments) according to your financial capacity, so that you can easily pay the insurance premium without affecting other expenses.
Coverage that matches your needs
Coverage means the limit of risks, losses and expenses that the insurance company will be responsible for if they occur. Depending on your needs and financial conditions, you choose a product with appropriate coverage.
For example, if you want insurance to cover inpatient and outpatient benefits, consider and choose an insurance package that includes both of these benefits.
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Choosing a product with coverage that meets your needs provides participants with solid protection. |
Make sure you understand your insurance benefits
Understanding the benefits of the insurance package is also a necessary condition to ensure that the product is suitable for personal needs, avoiding choosing the wrong one. Participants should research and carefully study the benefits and exclusions in the insurance contract to protect their rights when there is a risk.
Through the experiences of participating in life insurance summarized above, it can be seen that, in order to choose a suitable insurance product, participants must start from their own needs and financial capabilities. At the same time, they must clearly understand their rights and choose a reputable life insurance company with a quick benefits settlement process. Participants must also be honest in providing information and regularly monitor the contract. If they have any questions, they should ask the insurance consultant to explain in detail.
With over 24 years of operation in Vietnam, Prudential always listens, understands and brings a variety of life insurance products, meeting the needs of protection, accumulation, investment linkage with practical benefits for customers. With the commitment to put customers at the center of all activities, Prudential's team of consultants will support quickly, answer thoroughly to help participants find suitable solutions, ensuring long-term benefits.
Website reference: https://www.prudential.com.vn/vi/
Source: https://www.anninhthudo.vn/chon-bao-hiem-nhan-tho-phu-hop-khong-kho-nhu-ban-nghi-post603796.antd
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