So what's the difference and connection between insurance and charity? It feels like this, but it's not. Insurance is more scientific, reasonable and dignified than charity.
There are several differences. First of all, charity is one-way and insurance is two-way. What concept? That is, when you are helping a person, when you donate money and materials to him, you don't want material returns. Mostly spiritual pleasure, helping others. You will be happy after helping others.
Of course, when you are in trouble, the person you donate or others may not give you money, so we have to collect money. This is charity, unilateral and one-way, that is, there is no return, and it is possible to return. Not necessarily, but you can donate money. When you are in trouble and facing a crisis, others may not donate money to you. This is uncertain. This is charity. But insurance is not, insurance is two-way, that is, my money is helping others today, so if I have risks, others will certainly help me and will certainly help me. This is a contract, and it is stated in the contract. Charity is not, charity has no contract.
Charity is completely moral, insurance is legal and essentially different. Charity is not a responsibility and obligation, charity is a kind of morality, and insurance is not. Insurance is written in the legal contract, clearly and clearly. How much is invested, how much will be returned in the future, so from this perspective, one is one-way, the other is two-way, the other is moral and the other is legal.
What is the difference? This is charity. Even if you set up a fund and a charity fund, the operation of this charity fund will face great problems. This is unprofessional. The core profit of an insurance company is investment. Insurance companies are professional investment institutions, but charitable organizations are not. Charitable organizations often entrust an institution to invest, but their investment ability and risk control ability are far better than those of insurance companies.
Think about it, then what is a lot of charity? It's like we're drinking less and less water in a bucket, and the people you donate to help you are limited, so it's over when the money is spent. But insurance is not. Insurance is a constant stream of long-term help and support. No charity is a long-term investment. Think about it. If you do charity, someone is in trouble today. I hope you can help. Then you put in the money at once, and it's OK. Few people plan to invest in charity for 20 years.
Insurance is not. Insurance is a long-term insurance asset, which is two-way and a long-term investment, which is very important and crucial for a family, because insurance is more for the accumulation of its own property and material aspects, while charity is a pursuit of spiritual wealth. There is a big difference between the two. He is helping others, and so is insurance. In other words, when you go abroad to buy insurance, you are actually helping foreigners. Actually, it is, because your money can't flow back to China to help the country.
This is typical, so from this perspective, I hope that China people will buy insurance in China and China. Your money can help the people of China, right? It operates in an economic and financial system like ours, instead of your money buying insurance in the United States and Hong Kong. The money won't go back to China. You are helping others. You really have the spirit of internationalism, but our domestic problems have not been solved.
But what about charity? His operation lacks such a fair, open and transparent mechanism, that is, who to give the money to and who not to give it to. It is difficult to be open and fair in this way, which will lead to many problems. That is why many people are reluctant to participate in charity now, that is, after you donate money, few people can really help.
But insurance is not. Insurance is completely certain, and the standard is very clear, because it has to be written in the contract. What kind of people can use the money, and by what standards? It is very clear, so it is completely open, fair and transparent, and there are no disputes and disputes. Therefore, insurance is a kind of self-interest, and this self-interest is also a financial arrangement.
Charity is not. Charity is one-way and moral. Here's the arrangement. Of course, insurance can be said to be a big charity. It goes beyond charity. I think so. Of course, charity is also very important. We have reached a certain stage in our lives. Charity is a kind of cultivation and a kind of consciousness. Charity is not something we can do with a lot of money. Each of us cares for the disadvantaged groups, which is also the embodiment of our own quality. So in this respect, we advocate charity, but insurance is a big charity. He can raise money faster and this mechanism is much better than charity. That's all that matters.
Think about it, it is very difficult to raise money, that is, we often raise money for a friend, a relative and a stranger, and the money raised by many people and thousands of people may be a drop in the bucket and very small. It is difficult to achieve our goal of raising enough funds, or to mobilize too many people to solve this problem, that is, charities, but insurance companies are not, because as we all know, money deposited in insurance institutions will come back sooner or later.
That fund is transparent and safe, so people are willing to give it to the insurance company, and the money in the insurance company will continue. No charity's money can have the assets of an insurance company, and the insurance company's premium is so much. That's the reason. Because people's nature is to think of themselves first, insurance is easy to raise money and it is easy to raise money. Of course, it is the people who help the most, and the scope is much wider than charity. As long as the insurance company's customers join the insurance system and can get the corresponding claims in the case of specific risks, then this claim is relatively reasonable, reasonable and legal. There is no opacity or some possible disputes, so the connotation of insurance is very rich. Therefore, in many developed countries, this government is mandatory. I hope that through this system, people can help each other and face the difficulties together. Then there are dignified things, and then through the organization and operation of insurance institutions, it is open, fair and transparent, so I think I am doing really well now. When your client is faced with claims, when you give him this large amount of compensation, the sense of accomplishment at that time is very strong. You can obviously feel that you are helping a person to tide him over, but if you don't do this job, how can you give him 120 million?
Insurance is not, so from this perspective, insurance is also a big charity, a more scientific system and a more reasonable arrangement than charity.