How does Ping An Insurance buy social security and pension?

Ping An Insurance will not conflict with the five insurances and one gold paid by the company. Ping an insurance belongs to commercial insurance, and five insurances and one gold belong to the basic social insurance required by the state. The two are complementary and do not conflict.

Five insurances and one gold refer to several kinds of security benefits provided by employers, including endowment insurance, medical insurance, unemployment insurance, work injury insurance, maternity insurance and housing accumulation fund. Paying social insurance is a compulsory requirement of the state, and you can't pay it if you want. Please note that the national documents all say to pay money, which means compulsory, which is different from paying money. If you don't pay, you will be punished accordingly. ?

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