Enterprise annuity plans do not fall within the scope of commercial insurance.

Enterprise annuities have some similarities with life insurance products of commercial insurance, but they are by no means commercial life insurance products.

First of all, they have different purposes.

Corporate annuities belong to the scope of corporate employee welfare and social security and are not for profit.

Whether to establish an enterprise annuity is an important aspect of labor remuneration and labor security in enterprise labor negotiations.