Life insurance guarantees people's life and health. According to different types of insurance, it can be divided into life insurance, annuity insurance, health insurance and accidental injury insurance. The specific explanations of insurance types are as follows: 1. Life insurance Life insurance protects death and total disability. Not only accidents, but also non-accidental reasons. It can be subdivided into term life insurance, whole life insurance, endowment assurance and so on. Take the term life insurance "Luxury Barley Term Life Insurance" as an example, which specifically includes: ① Death: The insured died due to accident or unexpected injury after waiting period, and the insurance company paid the death insurance premium according to the basic insurance amount at the time of death, and the contract was terminated. ② Total disability: If the insured is totally disabled due to accident or non-accidental injury after waiting period, the insurance company will pay the total disability insurance premium according to the basic insurance amount at the time of death, and the contract will be terminated. 2. Annuity insurance Annuity insurance is a kind of care and self-protection for relatives around you, and it is a life insurance with compulsory savings function. When insuring this type of insurance, the insurance company will provide certain income protection for customers, and the specific protection content depends on the type of products purchased. Because annuity insurance can also be subdivided into individual pension insurance, term annuity insurance, joint annuity insurance and variable annuity insurance. Can provide for the aged, can be an education fund, can have a definite time limit, or can not have a definite time limit. Annuity insurance is more suitable for people with stable income and certain wealth, in exchange for stable cash flow in the future. It is suggested that this kind of insurance can be insured on the basis of perfect basic guarantee. 3. Health insurance Health insurance is a financial security plan, which buys a guarantee for the unknown time when funds cannot flow in. It can be divided into sickness insurance, medical insurance, disability income loss insurance and nursing insurance. Of course, some health insurance products may contain more than two kinds of health insurance responsibilities, including both medical insurance responsibility and disease responsibility, and finally they are actually classified into the categories of disease insurance. 4. Accidental injury insurance At present, there are many such products in the market. For example, the 5, comprehensive accident protection plan of Anyibao, which is popular at present, covers sudden illness and death, accidental medical treatment including outpatient service, and the cost performance is very good. Another example is "riding with peace of mind" and enjoying bicycle accident insurance, covering accidental death/disability and accidental medical treatment, which can be used as a reference.