What kinds of life insurance can be divided into?

1, term life insurance \x0d\ Term life insurance is based on the death of the insured within the period stipulated in the policy, and the beneficiary of the death has the right to receive insurance money. If the insured does not die during the insurance period, the insurer does not need to pay the insurance premium or return the insurance premium, which is referred to as "term life insurance" for short. \x0d\ 2。 Whole life insurance \x0d\ whole life insurance is an indefinite death insurance, referred to as "whole life insurance". The insurance liability lasts from the effective date of the insurance contract to the death of the insured. Because people's death is inevitable, the premium of life insurance is ultimately paid to the insured. Because the insurance period of life insurance is longer, its rate is higher than that of term insurance, and it has the function of saving. \x0d\ 3。 Survival insurance \x0d\ survival insurance means that the insured must survive until the insurance period stipulated in the policy expires before he can receive the insurance money. If the insured dies during the insurance period, he can't claim to recover the insurance money, nor can he recover the paid insurance premium. \x0d\ 4。 Life and Death endowment assurance \x0d\ Combination of term life insurance and survival insurance. Life-and-death endowment insurance refers to life insurance in which the insured assumes death within the period stipulated in the insurance contract, the death beneficiary receives the death insurance money stipulated in the insurance contract, the insured continues to live until the insurance period stipulated in the insurance contract expires, and the insured receives the insurance maturity money stipulated in the insurance contract. This kind of insurance is the most common commercial life insurance in the market at present. \x0d\ 5。 Endowment insurance \x0d\ Endowment insurance is a combination of survival insurance and death insurance, and it is a special form of life-and-death endowment insurance. Whether the insured dies during the insurance period or lives to the expiration of the insurance period, he can receive insurance money, which can not only eliminate the economic pressure brought by the death of the insured to his family, but also enable the insured to get a sum of money to support the elderly at the end of the insurance period. \x0d\ Life insurance should also include health insurance. There are two main types of health insurance coverage: \x0d\ one is medical expenses due to illness or accidents. \x0d\ followed by other losses caused by diseases or accidents. \x0d\ Among them, critical illness insurance is the most important kind of disease insurance. Critical illness insurance refers to the commercial insurance activities handled by insurance companies with certain major diseases as the insurance subject, such as malignant tumor, myocardial infarction, cerebral hemorrhage, etc. , as the insurance object. When the insured suffers from the above diseases, the insurance company will give appropriate compensation for medical expenses. Critical illness insurance generally adopts the method of paying in advance, that is, once the insured is diagnosed with a major disease agreed in the insurance contract, the insurance company will immediately pay the insurance amount in one lump sum, and there is no actual payment. \x0d\ According to whether the premium is refunded or not, it can be divided into consumer critical illness insurance and refundable critical illness insurance.