Understanding and awareness of insurance, awareness and understanding of insurance?

Insurance is not an investment, it is a guarantee for yourself, insurance is simply to prepare for the future now, prepare for no money when you have money, prepare when you are young, and prepare when you are not healthy. There are many risks in a person's life, among which the risks of birth, old age, sickness, disability, and death are unpredictable by everyone, not only the time of occurrence of these risks can not be determined, but the degree of loss caused after the occurrence is also uncertain, but we can pass it on through insurance, so as to provide protection for ourselves. Insurance refers to the most scientific management method of risk transfer to reduce the losses caused by risk events to the lowest possible level.

The aspects involved include: 1. Compensation in times of income interruption (such as accidents and illnesses), arrangements for obtaining pensions, especially when there is a problem with the breadwinner of the family, so that the life of the family is not particularly difficult. 2. Property:

On the one hand, it can be compensated when the family or business property suffers losses, and on the other hand, it can reasonably use tax avoidance to hand over the property to future generations, so insurance is the abbreviation to ensure that the risk loss is minimized.

How do I get the right insurance for me?

Presumably many people know that insurance is a necessity for ordinary families, but they still can't buy insurance suitable for their families after learning about a lot of products and spending a lot of money.

In fact, one of the most important reasons for this is that from the time we have the idea of buying insurance to the final purchase, many people are in a very confused state. There are many types of insurance on the market, and the product design is too complicated for ordinary people, making people's heads big, and under other external interference, in the end, the insurance you buy is not suitable for you.

Why can't we always buy the right product?

In fact, insurance is not a fixed category, everyone's situation is different, the needs are different, and the suitable products are not the same, but many people like to buy insurance and follow the crowd: they will buy which one is good, and they don't know about insurance products at all, so it is difficult to buy the right product.

Why is this so?

Early insurance companies designed their products with sales in mind.

To put it simply, in the early years, insurance companies belonged to which product sold well, and what product they focused on, but sometimes, selling well does not necessarily mean that it must meet the needs of the public.

Before 2012, people's awareness of insurance products was very low, and the better products sold at that time were universal reimbursement.

In 2017, the products with the best sales volume were basically participating insurance. Now we all know that this kind of very "omnipotent" or high-yield products actually deviate from the essence of insurance and are not just needed by ordinary people.

However, for insurance companies, they need to survive in the fierce competition in the insurance market and obtain the maximum benefits. Therefore, insurance companies will deviate from customer needs and be sales-oriented.

Artificially high commissions are used to mislead consumers into sales.

When it comes to insurance people, many people are very repulsed - there are too many people who have been cheated by it. Because some ** people only recommend products with a high degree of public acceptance when introducing, and do not rationally configure them according to their differences.

There are two main reasons for this phenomenon:

First, the survival pressure of the insurance industry is greater. If the performance target can not be completed within the specified time, it will be eliminated, which leads to many people only recommending products that are easy to sell and have higher commissions, and match suitable products for customers.

Second, the Chinese tradition is more shy about mentioning death. The tradition of Chinese people has always liked to please good luck, and words such as illness, injury, and death are often taboo, but insurance is covered by these unfortunate situations, so for people with more traditional ideas, it is more taboo to mention insurance.

The insurance company has taken advantage of the traditional psychology of the Chinese people, not mentioning life insurance, mainly selling financial management insurance and universal insurance: skilled financial management can be guaranteed to meet the acceptance of consumers to the greatest extent.

What are the consequences of this?

1. My understanding and cognition of insurance is.

Financial compensation in the event of a risk, whether it is a child, the elderly, or us adults, all face two major risks all the time: illness and accident. If we can still bear a small illness and pain, then a serious illness and a serious accident will cause a serious blow to our family!

Insurance, on the other hand, is actually a means of compensating us for economic losses as much as possible after the unfortunate occurrence of risks.

2. What is the value of different types of insurance?

1. Critical illness insurance and medical insurance to make up for disease losses: If you have a serious illness, you can pay a sum of money with critical illness insurance; Medical insurance can cover hospitalization expenses.

2. Accident insurance and life insurance make up for accident and death losses: disability, death, and expenses caused by accidental injuries can be managed by accident insurance; In the unfortunate event that the breadwinner of the family dies, life insurance can also give the family a sum of money to continue to support the living expenses of the entire family.

3. Plan ahead for the future: Annuity insurance such as pension insurance and education funds can save a sum of money for us when we have spare energy. When the children are going to school in more than ten years, or when we enter the old age, it can be used.

Even if something happens to the family during this period, it will not delay the children's schooling and can ensure the quality of life of our old age.

3. Therefore, commercial insurance is used to supplement protection. Commercial insurance is very flexible, not only can reimburse items that cannot be reimbursed by social security, but also solve the problem of loss of income, and the most important thing is that it can be purchased according to your own needs.

4. Is it necessary to buy commercial insurance?

The answer is: for most people, it is still necessary to supplement their protection by purchasing commercial insurance.

Because although social security is a basic guarantee with a wide coverage, the shortcomings of its insufficient insurance amount are also obvious.

If everyone can have good social security in the range of 90% social security coverage, it will undoubtedly be very stressful for the country.

Commercial insurance, on the other hand, is very flexible, not only reimbursing items that cannot be reimbursed by social security, but also solving the problem of loss of income, and the most important thing is that it can be purchased according to your own needs.

Insurance refers to the policyholder for the contract agreed that the accident may occur because of the property loss caused by the occurrence of the liability for compensation, the meaning of buying insurance is to transfer the risk, a person's life may encounter risks at any time, accidents, once an accident will cause a huge loss, insurance is to reduce losses. The function of insurance is to protect against risks.

Insurance should prevent possible accidents in advance when no accidents occur, and protect the living and economic situation of individuals and families when accidents occur.

When buying insurance, you should not have the mentality of making money with insurance, but believe that insurance is the best if you don't need it. If an accident does happen, at least you don't have to worry about not having money for medical treatment or going back into poverty due to illness.

The meaning of buying insurance is to transfer the risks around you, people may encounter risks at any time in their lives, accidents occur, once an accident occurs, it will cause huge losses, insurance is to reduce losses. The function of insurance is to protect against risks.

Insurance can't be seen or touched, but everyone needs it, and the meaning of buying insurance is to transfer the risks around us, and people may encounter risks and accidents at any time in this life. In the event of an accident, it can cause huge losses. Insurance is all about reducing losses.

The function of insurance can protect against illness, accidents, medical and pension risks.

Different insurances have different functions, and every adult must purchase critical illness insurance, medical insurance, accident insurance, and term life insurance. You must know that although insurance is not the icing on the cake, it can be a blessing in the snow.

Extended information: Insurance is the basic means of risk management (under the conditions of market economy), an important pillar of the financial system and social security system, and also an act of paying insurance money to the insured when the conditions of the contract are met (when the contract agrees that the accident may occur due to the property loss caused by its occurrence, or when the insured dies, is disabled, sick or reaches the age and time limit agreed in the contract).

Insurance, economically, is a financial arrangement for apportioning accident losses, legally it is a contractual act in which one party agrees to compensate the other party's losses, socially it is an integral part of the social and economic security system, and risk management is the basic method.

Function. 1. There must be risks in insurance. The purpose of establishing an insurance system is to deal with the occurrence of specific dangerous accidents, and there is no insurance if there is no risk. In order to apply the principle of large numbers, the risks that may benefit are not insurable, so commercial insurance institutions generally do not cover such risks.

2. Insurance must provide financial compensation for losses caused by dangerous accidents. The so-called economic compensation means that this compensation is not to restore the destroyed original thing, nor to compensate in kind, but to make monetary compensation.

Therefore, the loss caused by the accident must be economically valuable. In life insurance, the value of the person itself cannot be calculated, but the labor of the person can create value, and the death and disability of the person will lead to the loss of the labor force, so that the income of the individual or his family will decrease and the expenses will increase, so the life insurance is to make up for the increased economic burden with economic compensation or payment, and it is not to ensure that people recover the lost labor force or life.

3. Insurance must have a mutual aid relationship. The insurance system is a method of spreading losses among many units to reduce the losses of disaster-stricken units. Through insurance, the policyholder pays the insurance premium together, establishes the insurance compensation**, and obtains the protection together.

4. The contribution of the insurance must be reasonable. The compensation of the insurance** is shared by the person participating in the insurance, and in order to make the burden fair and reasonable for everyone, it is necessary to calculate the contribution scientifically.

Insurance refers to the commercial insurance behavior in which the insured pays the insurance premium to the insurer in accordance with the contract, and the insurer bears the responsibility of compensating the insurance money for the property loss caused by the occurrence of an accident that may occur as agreed in the contract, or when the insured dies, is disabled, sick or reaches the age and time limit agreed in the contract.

From an economic point of view, insurance is a financial arrangement for apportioning the loss of an accident; From a legal point of view, insurance is a contractual act, a contractual arrangement in which one party agrees to compensate the other party for its losses; From a social point of view, insurance is an important part of the social and economic security system, and it is an "exquisite stabilizer" of social production and social life. From a risk management perspective, insurance is a method of risk management.

Insurance refers to the commercial insurance behavior in which the insured pays the insurance premium to the insurer in accordance with the contract, and the insurer bears the responsibility of compensating the insurance money for the property loss caused by the occurrence of an accident that may occur as agreed in the contract, or when the insured dies, is disabled, sick or reaches the age and time limit agreed in the contract.

From an economic point of view, insurance is a financial arrangement for apportioning the loss of an accident; From a legal point of view, insurance is a contractual act, a contractual arrangement in which one party agrees to compensate the other party for its losses; From a social point of view, insurance is an important part of the social and economic security system, and it is an "exquisite stabilizer" of social production and social life. From a risk management perspective, insurance is a method of risk management.

Extended Materials. The insured value is the actual value of the subject matter of the insurance. According to the provisions of the Insurance Law of the People's Republic of China, if the policyholder and the insurer agree on the insured value of the insured object and specify it in the contract, the agreed insured value shall be used as the compensation calculation standard when the insured object is lost.

If the policyholder and the insurer have not agreed on the insured value of the insured object, the actual value of the insured object at the time of the occurrence of the insured event shall be used as the compensation calculation standard when the insured object is lost.

In simple terms, the value of insurance can be determined in three ways:

1) According to the provisions of the law and the contract law, the law and the contract law are the fundamental basis for determining the value of insurance;

2) According to the insurance contract and the agreement of the parties. The insured value of some insurance subject matter is difficult to measure, such as life insurance, health insurance, and the human body and life span cannot be measured in money, then the insured value is agreed by both parties;

3) Determine the insured value based on changes in market value. The insured value of some insurance objects is not constant all the time. Most of the underlying assets also depreciate over time, and their insured value tends to decline.

Insurance refers to the policyholder for the contract agreed that the accident may occur because of the property loss caused by the occurrence of the liability for compensation, the meaning of buying insurance is to transfer the risk, a person's life may encounter risks at any time, accidents, once an accident will cause a huge loss, insurance is to reduce losses. The function of insurance is to protect against risks.