Insurance companies are also compliant financial institutions, and their wealth management products are also supervised by the China Banking Regulatory Commission. In fact, the characteristics of insurance wealth management products are similar to those of bank wealth management products. Their respective asset management departments use the "raised" funds to invest to obtain "income", and then distribute the income to users according to the contract. "Product risk" mainly depends on the risk of the assets invested by the product. If they invest in low-risk government bonds, financial bonds, money market instruments, etc. Then the product risk is relatively low and the income is not much different.
You can pay attention to the "smart bank deposits" of small and medium-sized banks and enjoy deposit insurance protection (according to the Deposit Insurance Law, individuals can enjoy 100% compensation for ordinary deposits within 500,000 yuan in a single bank), and the "interest rate" is around 4%-5.5%, which has the advantages of high liquidity (early withdrawal) and higher interest rate than ordinary time deposits.
Specifically, you can search for "download link of Du Xiaoman Financial APP (formerly Baidu Finance)" or pay attention to "Du Xiaoman Technology Service Number (Du Xiaoman Financial Management)" in the application market for detailed product information. Investment is risky, and financial management needs to be cautious!