1, which has the characteristics of saving.
The insured can not only get insurance coverage, but also participate in a special deposit when participating in the old-age security. The insured can pay a small sum of money every month (or every year) and deposit it in the insurance company. If you encounter an accident within the scope of insurance liability, you will get a guarantee; If the insurance expires and arrives safely, you can get a survival insurance fund for the elderly.
2. It has the characteristics of giving and returning.
In the old-age security, no matter whether the insured dies during the insurance period or continues to survive after the expiration of the insurance period, the insurance company must return a sum of insurance money. Before the insurance premium is returned to the insured, the insurance premium paid by the insured over the years is equivalent to being deposited in the insurance company in the form of insurance liability reserve. In other words, these insurance premiums are equal to the liabilities of the insurance company to the insured.
Insurance financial experts believe that people with brilliant career and stable income, or the economic pillar of their families, who have great responsibilities to their relatives, children and parents, can consider buying old-age security or life insurance. They not only provide protection, but also have the function of compulsory savings, which can not only provide adequate protection for the rising career and wealth accumulation stage, but also help to relieve worries and make reasonable plans for future life and old-age care.
Extended data:
There are many types of old-age insurance business, mainly including:
1. Ordinary old-age security, that is, during the insurance period, the insurer pays the insurance money regardless of the death or survival of the insured.
2. Double old-age security, that is, if the insured survives at the expiration of the insurance period, the insurer pays double insurance money, and if the insured dies during the insurance period, the insurer pays double insurance money.
3. Additional term insurance for the elderly, that is, if the insured survives at the expiration of the insurance period, the insurer will pay twice the insured amount; If the insured dies during the insurance period, the insurer will pay several times the survival insurance money.
4. Common endowment insurance, that is, endowment insurance jointly insured by two or more people. During the insurance period, if either party of the co-insured dies, the insurer will pay all the insurance benefits and the insurance will be terminated; If no one of the co-insured dies during the insurance period, the insurer will also pay the insurance money at the expiration of the insurance period, and the insurance money will be collected by all the insured.
Baidu encyclopedia-endowment insurance