Insurance beneficiary:
1. Survival beneficiary: the insured has the benefit of receiving dividends and survival money, and can enjoy medical insurance when purchasing medical insurance.
2. Beneficiary of death: Designate one or two persons to apply for compensation after the death of the insured, and provide identity documents.
If not specified, it is legal by default. The beneficiaries are parents, spouses and children, and no documents are required.
3. Beneficiary benefit ratio:
Designated beneficiaries can choose 100% or 50% respectively.
The legal beneficiary distributes the insurance amount equally.