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Is social endowment insurance worth buying?
The establishment of social basic old-age insurance is a social insurance system to solve the basic life of workers when they reach the working age limit stipulated by the state and terminate their labor obligations or quit their jobs because of old age. In addition to social endowment insurance, medical insurance, industrial injury insurance, unemployment insurance and maternity insurance are also worth buying. The reasons are all here: what is the use of social security? How high is the social security "income"? Why pay social security?
People pay old-age insurance premiums when they are young, and they can only get pension returns in their later years. Under normal circumstances, the longer they pay endowment insurance, the more premiums they pay, and the more they get in their later years, which can reduce the economic burden of our children when they are old.
However, social endowment insurance is also divided into employee endowment insurance and resident endowment insurance, which are different in terms of how much to pay, how long to pay and how much to receive, and the regulations on social endowment insurance in different regions are also different. I suggest you take the local social insurance regulations as the standard, and consult the local social security bureau in time if you don't understand it, so as to understand the matters needing attention in social security payment. Here, senior students summed up some issues of social endowment insurance, which can be referred to as follows: How does social endowment insurance compare with commercial endowment insurance? Which is better? How many years will it take?
People who have purchased social endowment insurance and have good economic conditions and want to improve their quality of life in their later years can also apply for commercial endowment insurance. After all, social endowment insurance is the most basic old-age security for national citizens, and it can only solve their basic living problems in their later years. If you want to live in a good retirement community, travel, etc. You can buy a commercial pension insurance in advance and plan your pension reasonably. Senior sister talked about buying commercial endowment insurance a long time ago. Interested friends can learn more about it: Do you want to buy commercial endowment insurance with social security? How to buy?
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