What do life insurance, medical insurance, health insurance, endowment insurance and accident insurance mean?

Life insurance: after the death of the insured, compensation shall be made according to the insured amount.

Medical insurance: medical expenses incurred by hospitalization/surgery/accidental medical treatment can be reimbursed, but not all, depending on whether there is social security or not, in proportion.

Health insurance: also called critical illness insurance, you can have a sum of money to treat a serious illness.

Endowment insurance: according to the contract, how much money to pay each year and how many years to pay. It is agreed to start collecting at the age of 60, and then collect it every year, similar to a pension.

Accident insurance: after an accident, the insured amount will be paid for death, and the disability will be paid according to the proportion of disability grade, 1 level disability 100% insured amount, and the second-level compensation will be 90%, and so on.