I want to buy an old-age insurance, the kind that I pay back every month. Is it better to choose social security or other commercial insurance first?

Social security is the foundation of security, and commercial insurance is a useful supplement. It is suggested to improve social security first.

General principles for purchasing commercial insurance:

1, adults first, children later.

2. Guarantee first, then manage money.

3. The general insurance sequence is accident insurance, life insurance, critical illness insurance, medical insurance, education insurance or endowment insurance.

4. Annual premium expenditure 10- 20% of annual income.

5. There is no need to buy it all at once. Accident insurance can be bought by the whole family. Others should be bought by the family first, and then gradually improved according to economic conditions.

I hope it helps you!

Insurance, like dressing, must be tailored. In order to obtain a scientific and reasonable insurance plan, it is suggested that you refer to the above insurance rules, and publish your insurance requirements anonymously according to the set scientific process through the "insurance bidding" function of the third-party insurance intermediate station (which does not belong to any insurance company and does not sell any insurance products), so that you can obtain insurance plans customized for you by different agents of major local insurance companies, compare and choose objectively by yourself, and actively choose what you like without being unnecessary.