Special Data: Transforming Retail Experiences
Posted: Thu Jan 23, 2025 4:31 am
Risks of investing in linked insurance
Although investment-linked insurance can provide policyholders with the dual functions of investment and life protection, it does have many potential risks. In fact, there have been many victim-related cases involving unit-linked life insurance in Hong Kong in the past:
According to local newspaper reports, between 2013 and 2019, a fraud group used an investment-linked insurance platform provided by a large insurance company in Hong Kong to defraud more than 260 investors, involving $475 million.
According to local financial media reports, a policyholder who was nearly 50 years old was misled by an insurance intermediary and took out an investment-linked insurance policy that required payments for 30 years. He was eventually forced to cancel the policy and lost more than $300,000 in gambling data russia premium payments; there were also insurance companies The intermediary failed to clearly explain the details of the investment-linked insurance policy and related risks to the insured couple, and even exaggerated their family income and assets, resulting in the insured couple ultimately losing $1 million in paid premiums.
To avoid incurring losses, people who are interested in purchasing insurance must pay attention to the following before signing the policy:
The policy account value is linked to investment performance. Poor investment performance will affect the account value and life benefits. Therefore, policyholders are advised to have investment knowledge and market acumen, and carefully select the investment portfolio of their policies.
Although investment-linked insurance can provide policyholders with the dual functions of investment and life protection, it does have many potential risks. In fact, there have been many victim-related cases involving unit-linked life insurance in Hong Kong in the past:
According to local newspaper reports, between 2013 and 2019, a fraud group used an investment-linked insurance platform provided by a large insurance company in Hong Kong to defraud more than 260 investors, involving $475 million.
According to local financial media reports, a policyholder who was nearly 50 years old was misled by an insurance intermediary and took out an investment-linked insurance policy that required payments for 30 years. He was eventually forced to cancel the policy and lost more than $300,000 in gambling data russia premium payments; there were also insurance companies The intermediary failed to clearly explain the details of the investment-linked insurance policy and related risks to the insured couple, and even exaggerated their family income and assets, resulting in the insured couple ultimately losing $1 million in paid premiums.
To avoid incurring losses, people who are interested in purchasing insurance must pay attention to the following before signing the policy:
The policy account value is linked to investment performance. Poor investment performance will affect the account value and life benefits. Therefore, policyholders are advised to have investment knowledge and market acumen, and carefully select the investment portfolio of their policies.