What are the characteristics of life insurance?

1, life insurance adopts balanced premium, that is, according to the actuarial principle of life insurance, the death cost of the insurer is redistributed throughout the insurance period, and the same premium is paid in each period, which does not change with age.

2. It has the general characteristics of life insurance, such as the risk of the subject matter insured cannot be valued, the fixed payment of the insurance amount, and the insurable interest is only the premise of the conclusion of the contract rather than the effective condition.

3. Special risks and stable operation.

4. Take long-term business as the main body.

With the nature of savings, it is becoming a means of investment.

6. Formulate scientific and reasonable insurance premium rate standards.

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