Pension fund is a kind of fund used to pay retirement income and a part of social security fund. Endowment insurance (or endowment insurance system) is a social insurance system established by the state and society according to certain laws and regulations to solve the basic life of workers who reach the working age limit stipulated by the state and terminate their labor obligations or quit their jobs because of old age. There are two bombs in a person's life, one is regular old age and the other is irregular accident. As you get older, your health naturally gets worse every year. What your father needs most at his age is critical illness insurance and medical insurance, and he also needs to see a physical examination. So it depends on your financial ability. Insurance should be bought as soon as possible. The older you get, the more expensive it is. I bought similar insurance for my mother this year. As for now, you should be the economic pillar of your family, and your protection is very important. Because in the future, you will be the dependence and protection of your parents. With a certain premium, you should be the focus of protection. Critical illness insurance and accident insurance cannot be less. Suggest improvement as soon as possible. Endowment insurance is easy. Insurance companies have special endowment insurance products, and endowment insurance is similar. You can also buy some accident insurance, mainly accident medical treatment and collision avoidance accident medical treatment. Pension fund is a part of social security, which is completely different from pension insurance. But the sooner you buy insurance, the better. You are old, with high premiums and little protection. Your father is the breadwinner of your family. I suggest you buy some accidents first, and then consider endowment insurance if you have medical conditions. This is better for your family.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.