The difference between internet insurance and traditional insurance

In essence, there are many differences between them, such as organizational structure, business philosophy, core technology, sales and service model, social reputation, product type, consumers, consumption cost, professional level and so on. Product type, traditional insurance: high professional requirements, mainly life insurance, health insurance, high-end medical care, pension, education and other long-term large insurance. Internet insurance: Individualized, directional and innovative micro-insurance, which are generally accident insurance, travel insurance, auto insurance, account security insurance, critical illness insurance and other insurance types with relatively simple insurance responsibilities.

First, consumers, traditional insurance: middle-aged and elderly people are used to buying insurance through insurance agents.

Internet insurance: As the main force of the development of a new generation of society, the post-80s and post-90s generations trust the insurance information of the Internet more and can place their own orders.

Second, consumption cost, traditional insurance: The time and labor cost of purchasing insurance through the traditional mode is obviously higher than that of Internet insurance. Internet insurance: in reducing the intermediate links of insurance, the cost is reduced and the cost performance is higher.

Third, insurance channels, traditional insurance: offline sales channels are the most traditional marketing channels. It is equivalent to the insurance company opening a "physical store". Everyone enters the store to choose their favorite "products", communicates face-to-face with customers through insurance consultants, and then signs a contract to configure the insurance that suits them.

Four. Insurance is the basic means of risk management (under the condition of market economy), an important pillar of financial system and social security system [1], and also an insurance when the contract conditions are met (the possible accidents agreed in the contract are liable for property losses, or the insured dies, is disabled, falls ill or reaches the age and time limit agreed in the contract).

Insurance is a financial arrangement to share accident losses economically, a contractual act in which one party agrees to compensate the other party for losses according to law, an integral part of the social and economic security system in society, and a basic method of risk management.

5. Commercial insurance can be roughly divided into: property insurance, personal insurance, liability insurance, credit insurance, subsidy insurance and marine insurance. Large categories are classified according to the scope of insurance liability, and small categories are classified according to the type of insurance subject matter.

According to the scope of insurance, it is divided into: personal insurance, property insurance, liability insurance and credit guarantee insurance.

6. Fire insurance covers the losses caused by fire to the property stored on land in a certain geographical range, such as machinery, buildings, various raw materials or products, household appliances, etc.

7. Marine insurance is essentially a kind of transportation insurance. It is the earliest insurance in all kinds of insurance business, and the insurer is responsible for the loss of the subject matter insured caused by maritime perils.

8. Cargo transportation insurance is cargo transportation insurance other than maritime transportation, which mainly covers the loss of goods during inland river, inland river, coastal and air transportation.

9. All kinds of vehicle insurance mainly covers the losses of all kinds of vehicles during driving and parking. It mainly includes automobile insurance, aviation insurance, ship insurance and railway vehicle insurance.