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What is insurance?

insurance refers to the commercial insurance behavior in which the applicant pays the insurance premium to the insurance company according to the contract, and the insurance company is liable to pay the insurance premium for the possible accident agreed in the contract, the property loss caused by it, or the insured's death, disability, illness or reaching the age and time limit agreed in the contract.

In layman's terms, we spend money on unknown risk protection, and when an accident really happens, the insurance company will pay us a sum of money, so that we can easily cope with the economic losses caused by the accident.

For an insurance boy, it is easy to step on a pit without guidance. Here, I have summarized several ways to avoid the pit. I am interested to have a look: What pits should I pay attention to when buying insurance? Pay attention to these five big pits!

For us ordinary people, it's actually enough to buy four kinds of insurance, accident insurance, medical insurance, critical illness insurance and term life insurance. We should complete these four kinds of insurance first, and then consider financial insurance if there is money.

Concentrated Insurance is a professional insurance evaluation platform, serving more than 7 million users in the whole network. Pay attention to us and we will give you more professional advice one-on-one so that you can buy insurance and stop stepping on the pit!