Legal subjectivity:

As for whether commercial pension insurance can be purchased, the answer to this question is yes. We can choose to purchase commercial pension insurance to provide ourselves with a guarantee, so we can Choose a suitable insurance agency to purchase commercial pension insurance. 1. Can I buy commercial pension insurance? Commercial pension insurance can make a good plan for our later pension. If you need to force savings and save a sum of money, buying a commercial pension insurance is a good choice. 2. What are the advantages of commercial pension insurance? 1. Insurance pension insurance is convenient and feasible. 2. The payment and receipt of insurance pension are clear. 3. Insurance pension guides people to save. 4. Pension reserve is a long-term financial plan. 3. Classification of commercial pension insurance 1. Traditional pension insurance Traditional pension insurance is a contract signed by the policy holder and the insurance company. Both parties agree on a certain time for receiving pension and the corresponding amount. Generally speaking, its predetermined interest rate It is certain, generally between 2.0% and 2.4%. Selling Points: Fixed returns, low risk. Because the return on this type of product is calculated based on the predetermined interest rate stipulated in the contract, it is not affected by changes in external bank interest rates. Therefore, even in the event of zero or negative interest rates, it will not affect the return rate of pension funds. Disadvantages: Hard to protect against the effects of inflation. Because the purchased product has a fixed interest rate, if the inflation rate is relatively high, there is a risk of depreciation in the long term. Suitable for people: People whose main purpose is forced savings for retirement and who are relatively conservative in investment and financial management. 2. Participating pension insurance Participating pension insurance usually has a guaranteed predetermined interest rate, but this interest rate is slightly lower than that of traditional pension insurance, generally only 1.5%-2.0%. In addition to the fixed minimum return, participating insurance also has uncertain dividends received every year. Advantages: In addition to an agreed minimum return, the income from this part of the funds is also linked to the operating performance of the insurance company. In theory, it can avoid or partially avoid the threat of inflation to pensions, allowing pensions to relatively maintain or even increase in value. Disadvantages: Dividends are uncertain. The amount and availability of dividends are related to the operating conditions of the insurance company. You may also suffer losses due to the company's poor operating performance. At present, our country stipulates that insurance companies should distribute 70% of their distributable earnings to investors in the form of dividends. However, the standardized management of insurance companies is still a problem. Suitable for people: Those who want to ensure the minimum pension income, but are not willing to sit back and watch the storm. 3. Universal life insurance After deducting part of the initial fee and protection cost, the premium of universal life insurance goes into a personal investment account and has a guaranteed return, which is currently generally 1.75%-2.5%, and some are linked to the bank's one-year regular after-tax interest rate. Advantages: The characteristics of universal insurance are that it has a guaranteed interest rate at the bottom and no upper limit. The settlement interest rate is announced every month. Most of them are currently 5%-6%. It is settled on a monthly basis and grows with compound interest. It can effectively resist the impact of bank interest rate fluctuations and inflation. . The account is relatively transparent, deposits and withdrawals are relatively flexible, additional investment is convenient, and life insurance protection can be increased or decreased according to different age groups. Universal life insurance provides the flexibility to respond to changes in income and financial goals. Disadvantages: Universal insurance generally promises a guaranteed return of about 1.75%-2.5%. However, the basis for calculating savings interest is all the principal entered into the bank account, while the basis for calculating the income of universal insurance is the account value of the policy, that is, the amount paid by the individual. From the premium, funds other than initial fees, account management fees and other expenses are deducted. If a 30-year-old male customer invests fixed funds in a company's universal insurance and bank savings each year, by the fifth year, whether this customer invests 5,000 yuan, 10,000 yuan or 50,000 yuan per year, the rate of return will be lower than that of the bank. Savings are high. Suitable for people: Rational investors and financial managers who insist on long-term investment and have strong self-control ability. 4. Investment-linked insurance Investment-linked insurance is a fund and a long-term investment product with accounts of different risk types linked to the returns of different investment varieties. There is no guaranteed return, the insurance company only charges account management fees, and all customers are responsible for their profits and losses. Advantages: Focusing on investment, expert financial management selects investment types, and you can flexibly switch between different accounts to adapt to different situations in the capital market. If you insist on long-term investment, it is possible to achieve high returns. Disadvantages: It is the category with the highest investment risk among insurance products. If you cannot withstand short-term fluctuations and make blind adjustments, you may suffer huge losses. Suitable for people: This breed may lose all their money, so it is not suitable for people who rely on it for their retirement. Suitable for young people with strong risk tolerance, with investment as the main purpose and retirement care as well. Legal objectivity:

Article 12 of the "Social Insurance Law of the People's Republic of China" The employer shall pay basic pension insurance premiums in accordance with the proportion of the total wages of its employees stipulated by the state, and record them in the basic pension insurance Overall fund. Employees should pay basic pension insurance premiums in accordance with the proportion of their wages stipulated by the state and credit them into their personal accounts. Individual industrial and commercial households without employees, part-time employees who have not participated in basic pension insurance in the employer, and other flexible employment personnel who participate in basic pension insurance shall pay basic pension insurance premiums in accordance with national regulations and record them separately in the basic pension insurance pooling fund and personal accounts.