How should families without social security buy old-age insurance?

When a child suddenly loses her parents, she loses all protection, because her parents are her protection at all times. As the parents of children, you should think that you can take good care of them when they are together, but when both parents are away? Therefore, first of all, giving adults enough life insurance is a solid guarantee for families and children. The second principle of buying insurance for the family: buy insurance for the economic pillar of the family first, and protecting the pillar is to protect the family! The main source of family income is the economic pillar of the family. Once a risk occurs, it will hit the family the hardest, so as the economic pillar of the family, it is actually the most in need of protection. When this economic pillar has the risk of accidents or major diseases, the main source of family income will be interrupted, thus reducing the quality of life and even leading to the collapse of family economy. The third principle of family insurance: accident first, optional insurance such as health, education, pension and dividend! There are three major risks in life: accidents, diseases and providing for the aged. The most difficult to predict and control is that the financial management of accidents and diseases is actually divided into three steps. The first step is to transfer risks, that is, insurance protection, which is a foundation. Do other consumption arrangements and investment and financial management after doing insurance protection. Investment without insurance protection is like a castle in the air, which can't stand the wind and rain.

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