What does supplementary commercial insurance mean?

Supplementary commercial insurance refers to additional insurance voluntarily purchased by individuals or enterprises in addition to the basic social insurance to provide more comprehensive protection. These insurances usually cover items that are not reimbursed or have a low reimbursement rate in the basic medical insurance, such as high-end medical care, serious illness, death and disability.

Its function is to fill the deficiency of social security and provide more comprehensive insurance protection. Due to the limited coverage of social security, some high medical expenses and specific services are not covered by social security reimbursement. Therefore, purchasing supplementary commercial insurance can make people get more adequate economic security and reduce their economic burden when they encounter accidents or diseases.

For example, some high-end medical insurance can provide more comprehensive medical insurance, including the cost of seeing a doctor in an international medical institution and expensive drugs. Critical illness insurance can provide financial assistance when people suffer from major diseases, which can be used to pay for medical expenses and rehabilitation expenses.

In a word, supplementary commercial insurance is a kind of voluntary insurance, which can provide more comprehensive protection and make up for the deficiency of social security. Individuals and enterprises can choose their own insurance plan according to their own needs and economic ability to ensure adequate economic security in the event of accidents or diseases.