Most of the increase in whole life insurance is to let children buy insurance.

Moreover, because its receiving time is infinite, and as long as there is policy value in the policy, it can be reduced at any time and anywhere.

At this time, if you buy for your child, you can save a sum of money for your child's future education in advance.

After nine years of compulsory education, it costs a lot of money to go to high school or university.

At this time, everyone can get the policy value in the increased whole life insurance policy and pay for their children's education.

Remember that the current salary level does not mean that it will be the same in the future.

In order to prevent assets from affecting children's education, it is necessary to reserve an education fund insurance in advance.

2. Plan your retirement.

Now the aging is getting more and more serious, and the pressure to pay pensions is still increasing, so there will be a solution to extend the retirement age.

Relying only on the pension in personal social security may not be able to support all aspects of old-age life well, and may even drag down children.

Therefore, when you are young, you need to arrange your retirement life in advance, and the pension is naturally the main consideration.

The increase in whole life insurance is also suitable for these groups who want to save their pensions.

Although compulsory is not as good as annuity insurance, if self-discipline is good enough, if you pay in when you are young and appreciate, you will not actually reduce your insurance in the middle, so the policy value of the policy will be very rich until retirement.

3. Groups with wealth inheritance

Whole life insurance returned to the essence. It is a life insurance from beginning to end, in fact, it is to protect death/total disability.

But when the insured dies of old age, the beneficiary of the policy can get the protection of the policy.

It is equivalent to the beneficiary inheriting an asset and preventing various inheritance disputes.

Why is Alipay wallet cheap to buy funds? Alipay wallet is cost-effective because Alipay wallet is an Internet platform, and investors do not need salesmen to buy stock funds, which saves a lot of labor costs. Moreover, Internet sales do not need service outlets, so the rental cost is low. In short, the subscription/subscription fee is very low when purchasing funds based on online third-party platforms such as Alipay Wallet. The direct channel interest rate of fund management companies is also relatively low, but they can only buy shares of their own fund companies, and cannot buy stock funds of other fund management companies. Other websites sometimes offer discounts.