What is insurance?

Insurance is a commercial insurance behavior in which the policyholder pays the insurance premium to the insurance company according to the contract, and the insurance company bears the responsibility of compensating the insurance premiums for the property loss caused by the occurrence of the possible accidents agreed in the contract or bears the responsibility of paying the insurance premiums in case of the insured's death, disability, illness, or when he reaches the age or term agreed in the contract.

In layman's terms, it means that we spend money to buy protection against unknown risks, and when an accident really happens, the insurance company will pay us a sum of money, so that we can easily cope with the financial losses caused by the accident.

For insurance whites, if there is no guidance, it is very easy to step on the pit, here I summarize a few ways how to avoid the pit, interested in reading: buy insurance, need to pay attention to which pit? These 5 pits, be sure to pay attention!

For us ordinary people, buy insurance in fact, as long as the four is enough, accident insurance, medical insurance, critical illness insurance and term life insurance, first of all, these four kinds of protection type of insurance match, there is still money, and then go to consider financial insurance.

Concentrated insurance is a professional insurance evaluation platform, service network users more than 7 million people, attention to us, will give you one-on-one more professional advice, so that you buy insurance no longer stepped on the pit!