Insurance wealth management products generally have a long cycle. Compared with other products, the income is not as good as fund stocks, but the risk is not great. Is to protect the capital and increase the value.

The intuitive difference is that if you go to the bank to deposit money, if a staff member takes the initiative to talk to you, telling you how much to save a year, how many years to save, and how much money you can get, it is more cost-effective than regular deposit in the bank, and generally sells insurance wealth management products.

My suggestion is that if you need insurance wealth management products, you'd better buy them from insurance companies and find professional agents to avoid being fooled by banks. Recently, I paid attention to Baidu and found that many people were fooled by banks selling wealth management products, even very old people. This influence is very bad. Most importantly, if you surrender, your own interests will be gone.

Therefore, before buying wealth management products, we must find out what is insurance and what is wealth management insurance.