What are the types of life insurance

1, term life insurance \x0d\ Term life insurance is based on the insured in the policy period of the death of the beneficiary of the death of the right to receive insurance benefits, if the insured does not die during the insurance period, the insurer does not have to pay the insurance benefits and does not return the premiums, referred to as the "term life insurance," most of the insurance is for the insured to engage in more dangerous work in the short term to provide protection, but also for the insured to work for a short period of time. Most of the insurance policies are designed to cover the insured for a short period of time when he/she is engaged in more dangerous work. \x0d\ 2, Whole life insurance \x0d\ Whole life insurance is a kind of indefinite death insurance, referred to as "whole life insurance". The liability of the insurance policy lasts from the inception of the insurance contract until the death of the insured. Since death is inevitable, the premium for whole life insurance must be paid to the insured. Since whole life insurance has a long insurance period, its rate is higher than that of term insurance and has the function of savings. \x0d\ 3. Survival Insurance\x0d\ Survival insurance means that the insured must survive until the expiration of the insurance period stipulated in the policy in order to be able to collect the insurance benefits. If the insured dies during the period of insurance, no claim can be made to recover the benefits, nor can the premiums paid be recovered. \x0d\ 4. Dual Life Insurance \x0d\ 4. Dual Life Insurance \x0d\ 4. Dual Life Insurance \x0d\ 4. Dual Life Insurance \x0d\ 4. Dual Life Insurance \x0d\ 5. Life and death insurance is a life insurance policy in which the insured person dies during the period agreed upon in the insurance contract, the beneficiary of the death benefit receives the death benefit agreed upon in the insurance contract, and the policyholder receives the expiration benefit if the insured person continues to live until the expiration of the insurance period agreed upon in the insurance contract. This type of insurance is the most common commercial life insurance in the market today. \x0d\ 5, pension insurance \x0d\ Pension insurance is a combination of survival insurance and death insurance, is a special form of life and death insurance. Whether the insured dies during the insurance period or survives to the end of the insurance period, he/she can receive the insurance benefit, which means that the family can eliminate the financial pressure brought about by the death of the insured, and the insured can obtain a sum of money for his/her old age at the end of the insurance period. \x0d\ Life insurance should also include health insurance. There are two main categories of health insurance coverage: \x0d\ One is medical expenses incurred as a result of illness or accident. \x0d\\ The second is other losses due to illness or accidents. \x0d\ Among them, the most important of the sickness insurance is the critical illness insurance. Critical illness insurance refers to the commercial insurance act which is handled by the insurance company with specific major diseases, such as malignant tumors, myocardial infarction, cerebral hemorrhage, etc., as the object of insurance, and when the insured person suffers from the above mentioned illnesses, the insurance company will give appropriate compensation for the medical expenses incurred. Critical illness insurance generally adopts the early payment method to settle claims, i.e., once the insured is diagnosed with a major disease defined in the insurance contract, the insurance company immediately pays the lump sum amount of the insurance policy, and there is no actual reimbursement of the actual expenses. \x0d\ According to whether the premium is returned to the division, can be divided into consumer-type major illness insurance and return-type major illness insurance.