1. Conceptual definition of commercial pension insurance: Commercial pension insurance is commercial insurance that takes human life or health as the insurance object.

When the policy holder reaches old age, reaches retirement age, or the insurance period expires, the insurance company pays pensions to the insured in accordance with the contract.

The significance of purchasing commercial pension insurance Commercial pension insurance is something consumers insure themselves on a voluntary basis.

As a supplementary guarantee to the basic pension insurance, it guarantees the source of funds for the insured's regular pension and helps improve the quality of life of the elderly.

2. People suitable for buying commercial pension insurance: Annuity insurance product information 1. People who cannot bear investment risks and can accept stable income.

For now, the average income from pension insurance is mostly around 2%-3.5%.

The advantage of purchasing commercial pension insurance is that there is no risk of capital loss, but the income will be relatively low.

Therefore, it is more suitable for people who cannot bear investment risks but can accept stable returns.

2. High-income people.

High-income people can purchase a commercial pension insurance. These people can easily afford at least an annual pension premium of more than 10,000 yuan, as well as additional necessary health insurance, accident insurance, etc.

Under normal circumstances, it is appropriate to control the annual premium expenditure of pension insurance between 10% and 15% of the annual income.

3. Young people.

For the purchase of commercial pension insurance, it is better to provide insurance at the time of purchase, so that the premium burden will be lighter.

Therefore, commercial pension insurance is more suitable for young people to buy.

In addition, if your parents did not purchase social pension insurance, do not blindly purchase commercial pension insurance. In this case, the phenomenon of "premium inversion" is likely to occur.