Traditional Culture Encyclopedia - Traditional virtues - What are traditional insurance and non-traditional insurance?
What are traditional insurance and non-traditional insurance?
Traditional insurance mainly focuses on the protection function, including critical illness insurance, accident insurance, medical insurance, old-age insurance and so on.
Non-traditional insurance is derived from traditional insurance, which has the function of investment and financial management, but has no guarantee function, such as investment-linked insurance and financial management insurance. (Among them, investment insurance has certain risks, which may generate profits or losses. )
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.
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