1. grace period. If the short-term capital turnover is not in place, we can consider using the grace period to delay the payment of insurance premiums. If insurance liability occurs during the grace period, the insurance company will still bear the insurance liability, but the unpaid insurance premium will be deducted. The grace period is not long, only 6 days, but it can also be used to raise funds to pay insurance premiums.

2. The premium is paid automatically. The so-called automatic premium payment function means that when the insured fails to pay the current year's premium and the cash value exceeds the current year's premium, the insurance company will deduct the premium with the cash value to keep the contract valid.

3. Policy loan. The cash value of the policy can be used not only to pay premiums in advance, but also to make policy loans. At present, the upper limit of the policy loan is 8% of the cash value, which can be used to pay the renewal premium.

4. Pay off the reduction. The deduction and payment is to deduct the unpaid insurance premium from the cash value of the policy at that time, and pay the rest as insurance premium in one lump sum. The contract will remain valid and the guarantee liability will remain unchanged, but the insurance amount will be reduced.

1. Understand the insured's relevant information and security needs, and design a personal security plan in combination with the actual situation;

2. Inquire about the relevant information of demand insurance and the relevant evaluations of other consumers, or call the service hotline of the insurance company;

3. Find a professional insurance agent to introduce relevant information and weigh its advantages and disadvantages;

4. Go through the insurance formalities after confirming the information, so as to obtain the insurance policy. The above is the process of insurance.

Role:

1. A certain amount of premium can be collected to compensate for the heavy losses caused by accidents and disasters, which is an effective method of risk management to reduce personal property burden and economic pressure;

2. Insurance is used to reduce the economic losses caused by accident risks, and insurance products can be used as a type of investment to obtain certain economic benefits; 3. Insurance is an important component of social security and a "stabilizer" of social production and life, which can predict potential risks to a certain extent and play a preventive role in the occurrence of huge losses due to accidents.