Traditional Culture Encyclopedia - Traditional virtues - What are traditional insurance and non-traditional insurance in insurance?
What are traditional insurance and non-traditional insurance in insurance?
Instead of traditional insurance, it has comprehensive protection and diversified functions, and has both investment and guarantee functions. For example, universal insurance, according to the requirements of the insured, can withdraw the cash value of the policy at will, without having to pay annual fees. The insurance amount can also be reduced or increased as needed.
Tradition is unconventional, which is based on the deep-rooted traditional concept of "neither death nor compensation" of insurance. As far as insurance itself is concerned, there is actually no difference. It's just a more comprehensive and humanized new evolution.
Life can enjoy the benefits of high income, and death can leave insurance protection.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.
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