Someone asked me why I chose the insurance industry. My initial answer was that the future of the insurance industry is infinitely bright, but with a deeper understanding of insurance, I realized that insurance is an industry that benefits the people, the country, me, and everyone. The benefits are many. Insurance not only provides security for our personal life and life, but also makes outstanding contributions in investing in national construction and participating in social management, and is the "stabilizer" and "regulator" of our family and society.



1. Insurance provides us with protection and solves the economic burden


Diseases and accidents are the most unpredictable and avoidable risks in a person's life. When diseases and accidents really come, we not only have to bear the physical pain, but also bear the financial burden. All these insurances will provide us with a reliable guarantee that our family life will not change the quality of life due to huge changes in risk.


2. Insurance can force savings to eliminate our worries


Parenting and retirement are processes that each of us goes through, yet the investment in both is huge. Many people have the habit of bank savings, and they soon find that bank deposits cannot meet their actual needs. There are many reasons for the rapid decrease in their savings, mainly because they cannot control their own consumption desires, or have to borrow money, or have unavoidable expenses at home, etc., so they want to prepare for their children through bank deposits. It is very difficult to get employment benefits or save for yourself for retirement.


The money in the insurance account cannot be withdrawn casually, otherwise it will cause certain losses. The insurance restricts our funds from being withdrawn at will to ensure that the money in the account can maintain long-term compound interest growth, and make a reserve for future special funds, so as to solve the problems of children's study and employment, and also make early plans for our pension, eliminating our of worries. At the same time, I need to know that insurance income grows with compound interest and is written in the contract, so the income is long-term stable and the risk is almost zero (excluding dividend insurance and investment-linked insurance), so it is very important to use insurance to plan our future. necessary.


3. Insurance benefits society through financing


The insurer uses the idle funds generated by the time difference between the premium income and the compensation payment to invest in the construction of the motherland, such as the country's large-scale infrastructure construction such as the country's power grid construction, water conservancy construction, and transportation construction to maintain insurance funds. This is the financing function of insurance.


Because the payment of insurance premiums has the characteristics of long-term and stability, ranging from a few years to decades, the investment of insurance funds is also long-term and stable. This aspect has more advantages than bank investment. As of 2019 In June 2019, the balance of funds used by my country's insurance industry was 17,367.2 billion yuan, while bank deposits were 2,633.5 billion yuan, accounting for only 15.16% of the total balance of insurance funds used. Therefore, my country's insurance industry has made great contributions to the construction of the motherland.


4. Insurance has the function of social security management, which can prevent disasters and conflicts


Insurance companies have professional knowledge of risk management and a large amount of risk loss data, which provides strong data support for social risk management. At the same time, insurance companies vigorously publicize the awareness of risk prevention, help people identify risks, prevent and control risks, take timely measures to eliminate hidden dangers, and provide correct guidance and supervision for people to prevent and eliminate disasters, thereby reducing economic losses.


At the same time, managers of enterprises and institutions, as policyholders, purchase corresponding liability insurance for their own institutions, and they can transfer their own liability risks to the insurance company, so that they can get rid of the shackles and work freely, and do things more easily. Thereby improving work efficiency.


The insurance contract stipulates that compensation for risk losses not only reduces the financial burden of the parties, but also resolves the conflicts between the parties to the insurance accident. This not only reduces the litigation burden of both parties, but also contributes to avoiding the waste of social resources.


Insurance can also provide guarantee insurance and credit insurance at the request of the parties. Based on the principle of maximum good faith, the obligations of the guaranteed party are stipulated in the contract. If the guaranteed party fails to pay the benefits due to the claimant, the insurer will Therefore, guarantee insurance and credit insurance have also made contributions to stabilizing the market economic order and adjusting market contradictions.


Therefore, insurance is beneficial to others, to oneself, to society, and to the country. It is correct to choose the insurance industry.