Is insurance a scam or not?

Many people think to themselves that insurance companies will rip people off. In reality, it is true that insurance companies will take money from customers who got on airplanes and not give that money back to customers who got on airplanes because the planes didn't fall off. But these customers were voluntarily cheated out of their money by the insurance companies! Looking at the 4.5 Korean air disaster and the 5.7 in Dalian, it is because 70% of the people were afraid of money being cheated and did not buy aviation insurance, as a result, human life is really worthless, not get a penny on the insurance claims. Although some customers did not buy aviation insurance, they had been cheated by insurance companies before, but they got timely claims from insurance companies! The air disaster triggered claims pondering the people's insurance concept of four major misconceptions May 17, 2002 15:22:46 In just one month's time, China's civil aviation occurred two consecutive air accidents, the two air accidents, Ping An Insurance in the emergency start emergency assistance program, especially with the internationally renowned emergency assistance agency SOS cooperation to provide overseas emergency assistance at the same time, but also to the topics arising from this summary. The topic was summarized in the following article. Pan Hongyuan, Director of Marketing of Ping An Insurance, believes that there are four misunderstandings in people's insurance concepts. Insurance awareness needs to be improved According to statistics from the authorities: "4-15" air disaster, 21 domestic passengers in Beijing to buy tickets, no one to buy aviation personal accident insurance, the purchase rate of zero; only two Air China crew members, respectively, insured a personal insurance and a property insurance; "5-7" air disaster, according to the latest statistics, 103 passengers killed only 45 people to buy aviation accident insurance, the purchase rate of only 43.6%; Ping An, Taikoo and other insurance companies, the total number of customers of personal life insurance **** about 30 or so. Pan Hongyuan believes that the two air disasters of low insurance rate that people lack of risk prevention concept, which is economically developed countries and regions per capita 5-7 policies, the purchase rate of aviation insurance 95% compared to the contrast, reflecting the people's awareness of insurance needs to be improved. For a long time, we are accustomed to the hands of the idle money deposited in the bank, or into the stock market speculation, insurance as a protection, investment tools do not have a full understanding. Insurance ecology needs to be improved Pan Hongyuan that, in the current ecological environment of the development of the domestic insurance industry, there are still some people have a wrong prejudice against the insurance salesman. They believe that any salesman who comes to introduce and provide services to them has a clear purpose - "to earn my money", so they are wary and hostile to them. This is actually a huge misunderstanding of the marketing of insurance, which allows customers to be free from the fear of risk and to plan today for tomorrow. Not long ago, aviation insurance was questioned by some people, who labeled it as a "cash cow" for insurance companies to make money out of ignorance and a profiteering business. Although the China Insurance Regulatory Commission (CIRC) solemnly declared that there was no factual basis for this criticism, the negative impact on society should not be underestimated. Two air accidents, the purchase rate of air travel insurance is so low, and the recent "air travel insurance profiteering" noise may have a certain degree of relevance. In fact, the development and sale of aviation insurance by insurance companies is an international practice, and its fundamental purpose is to provide more adequate and reliable insurance protection for the majority of air travelers. In the event of an accident, the deceased's loved ones and family can be more than one insurance compensation, but also the physical disability of the person more than one disability insurance benefits. Product structure to be optimized According to relevant statistics, some of the insurance for children, women, the elderly and other vulnerable groups tend to be more popular, Pan Hongyuan believes that this exposes the irrationality of customers to choose insurance products. For example, Mr. Wang, who was killed in the "5-7" plane crash, took out five children's insurance policies for his son in April 1997 in Changchun, and then took out a life insurance policy of 50,000 yuan for his beloved one, but did not take out any insurance for himself. The insurance company made a pediatric insurance exemption claim for him in the shortest possible time, exempting more than 10,000 yuan in premiums. On the same day, the insurance company verified that a Beijing traveler, Ms. Li, who was killed, had taken out 25 children's insurance policies for her newborn child in 1997, with an annual premium of 9,000 yuan. The insurance company will waive the remaining 10 years of premiums payable by her according to the provisions of the policy, *** amounting to 90,000 yuan, and the child will still be entitled to the various insurance benefits, but she had not taken out any insurance for herself. Unfortunately, the death of Mr. Wang and Ms. Li as the breadwinners of the family has not brought due compensation for the loss to the family's finances. These two examples illustrate that there are still some conceptual biases in the purchase of insurance by Chinese customers: for whom exactly do they buy insurance? Pan Hongyuan introduction, because the main source of economic resources are often faced with a relatively large occupation, health, accident and other aspects of the pressure and risk, in the insurance industry is more developed countries and regions, the main source of economic resources of the family is often the main object of insurance. In this way, in the event of any accident to lose this pillar, to maintain family life, to ensure that children study and other basic family needs can be a certain protection. Pan Hongyuan believes that people buying insurance products must recognize that the purchase of insurance is every policyholder for themselves and their families, or even more for the family to prepare a care and responsibility. Accidental additional insurance needs to be strengthened Pan Hongyuan also believes that when customers buy insurance, there is a tendency to over-pursuit of investment, financial management and other functions, the initial purpose of risk avoidance is not enough to recognize. The two air accidents in the low proportion of accident insurance is a clear evidence. Relevant statistics show that the number of deaths from accidents accounts for 10.37% of all deaths, becoming the second largest "killer" after malignant tumors. Industrial accidents, transportation accidents are always threatening people's safety. Pan Hongyuan introduction, accident insurance has a wide age of participation, wide coverage, low premiums, non-discriminatory rates and other characteristics. The international general situation is that the main insurance and accident insurance purchase ratio is 1:5, assuming the purchase of 200,000 yuan of the main insurance, then the general additional purchase of accident insurance coverage in the amount of about 1 million yuan. Pan Hongyuan concluded that it is precisely because of the various deviations in customers' insurance concepts that more attention should be paid to the cultivation of customers' insurance concepts, knowledge and skills to ensure the healthy, sound and efficient development of the insurance industry. (17C1) China Business Times