1. They are different in nature. Five insurances and one gold, also known as social insurance, is a government act enforced by national legislation and is non-profit. Commercial insurance is a kind of commercial behavior. The relationship between the insured and the insurance company is voluntary and profitable.
2. Different sources of funds. Social insurance is borne by the state, employers and individuals. Commercial insurance is entirely borne by individuals.
They have different purposes. The purpose of social insurance is to protect people's basic life, while the fundamental purpose of commercial insurance is to make profits.
Social security is the basic social security provided by the state for ordinary people. It provides the basis for ordinary people's life through old-age insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance, because illness and death may bring great changes to everyone's life, and social security can reveal and reduce the adverse effects under these circumstances. For enterprises, paying social insurance for employees is an obligation stipulated by law.
Those who fail to pay social security according to regulations will be punished. However, commercial insurance is not within the scope stipulated by the state. Enterprises can voluntarily buy commercial insurance for their employees. Generally speaking, enterprises with better economic benefits will take the initiative to buy commercial insurance for their employees.
There are many kinds of commercial insurance, including life insurance, accident insurance and health insurance. The premium amount of commercial insurance is generally higher. There is no fixed statement about commercial insurance claims. Generally, it pursues the equivalent exchange relationship of "multi-insurance and multi-payment". Social insurance is a kind of social insurance enforced by the state according to law. All eligible workers should pay social insurance.
Compared with social insurance, commercial insurance will definitely be better in the diversification of insurance products, the autonomy of purchase and the comprehensiveness of protection, and the premium will definitely be more expensive.
Compared with social insurance, commercial insurance will definitely be better in the diversification of insurance products, the autonomy of purchase and the comprehensiveness of protection, and the premium will definitely be more expensive.
Then, after paying five insurances and one gold, is it necessary to buy commercial insurance? If your financial situation can afford it, or the enterprise is willing to provide this benefit, then one more commercial insurance is definitely better than nothing. If the economic conditions are tight, try to pay basic old-age insurance and medical insurance to provide basic protection for your life. When the economic situation improves, consider increasing commercial insurance.