保险基本知识（Basic knowledge of insurance）.docVIP

保险基本知识（Basic knowledge of insurance） (four) the development prospects of insurance industry (the arrival of the golden age); In the future, the prospects for the development of the insurance industry is attractive, its main power includes the huge trend of the aging of population size, rapid and high savings rate; income sustained economic development, continuous improvement of the residents; policy support; risk protection consciousness fundamentally strengthen lifelong welfare system; disintegration; investment environment is greatly improved. Main characteristics of insurance products Traditional life insurance products Traditional life insurance products provide the most basic functions of insurance - survival and pension risk protection. Specifically divided into lifelong and fixed Life insurance, endowment insurance, regular life and life and annuity insurance. Its main features are that the obligations and rights of the insured are clearly stipulated in the insurance contract, and are not directly related to the operation of the insurance company in the future. New life insurance products As dividends insurance and non-traditional insurance (investment linked insurance, universal insurance, etc.) in the Chinese market just appeared late, so Also known as new products. The main characteristic of the new product is to share the interest rate risk between the insurer and the insured, which are becoming the mainstream products of the international life insurance market. At present, dividend products are one of the mainstream products in the international insurance market, and they are also the most popular products in Southeast Asia One of the products. In North America, more than 80% of the products have dividend paying function; in Hongkong, this ratio is as high as 90%; in Germany, dividend insurance accounts for 85% of the life insurance market. Chinas insurance products have great room for development In 2005, China life insurance premiums accounted for 89%