Simply put, it's like buying something in a supermarket. You pay the premium and the insurance company provides protection. To put it simply, there are only two situations when you buy this product. 1: There are risks, compensation or compensation, and our company suffers losses. 2. No risk, no refund, help risky customers. Well, congratulations, you have gained peace. In addition to life insurance, life insurance is mostly consumer, which also shows that the function of insurance is protection.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.