Practical advice for customers participating life insurance
Everybody wishes to be cared for and interested in relatives and participating life insurance is the most civilized way to show love to the family, so let's first take a moment to read these tips will be helpful so you have the best insurance contract.
1. The sooner you join in life insurance, the cheaper costs
There are many factors that affect insurance fee, such as life expectancy, term insurance, amount of insurance, how to pay fees (month / quarter / year), gender, occupational groups, health conditions, the age of participation, rate of cancellation of the contract ahead of time ... so when you are young, you have not only the advantage of the premium, but also the high completion contract rate. Health condition is an important factor to all life insurance products. If you have an unhealthy lifestyle, or smoke or regular medical treatment, you will have to pay more premiums.
2. Never buy insurance with fee greater than your income
Free safety level currently participating life insurance is 10% -12% your income, or more simply, you should pay the premiums a year with a monthly gross income of you.
Besides that you should consider carefully the face value of insurance you really need is how much, because if you choose a life insurance contract in denominations larger than demand, meaning that you pay premiums higher.
3. If you understand the meaning and benefits of life insurance, please join now
Why join now? Because there are many unfortunately risks such as accident, sickness, disease, liver failure, kidney failure, cancer ... can happen, there is no company that provides services and you can not buy life insurance anymore.
4. Should buy life insurance for parents (the breadwinner) instead of just buying for children
Since the main purpose of life insurance is to ensure and support the insured amount is paid to relatives and family who insured the unfortunate risk insured would help financial stability, payment huge expenditures.
So should participate in life insurance for the pillar first, as if the pillars unfortunately, the relatives at risk will reduce the financial burden and the children continue the future plans.
5. Buy supplementary products
As supplementary products provide additional benefits of personal accident, health care, insurance, disability insurance and total permanent additional benefits such as the right to complete insurance premium ... When you engaged supplementary products for your family members that you are protecting your family in the same life insurance contract.
Especially joining supplementary products, you will pay cheaper fees and have a very high benefits.
6. Should buy many insurance contracts
At the moment you are insured, the premiums must be consistent with the level of income to ensure the maintenance contract for the insured is long-term planning and of course no one is sure of their financial stability for in the future.
If you knowingly make false information in an application for insurance, please think again. Because the insurance company discovers that you have less to hide the health insurance company will refuse compensation when you run the risk or cancel the contract with you.