Which is better, social security or commercial insurance? What is the difference?

Just buy social security or commercial insurance. You can buy both according to your own situation.

Social security is compulsory insurance of the country, which should take care of the payment ability of most enterprises and individuals, so the premium and insurance amount will be relatively low, which can only play a basic role in protecting employees. On this basis, in order to give family a more comprehensive protection, if conditions permit, we can buy both social security and commercial insurance, which complement each other and solve the problem to the greatest extent.

The difference between social security and commercial insurance

Different realization purposes

Social insurance: guaranteed, not for profit;

Commercial insurance: it is operational and aims at pursuing economic benefits.

Different embodiments.

Social insurance: based on labor relations, as long as labor relations are formed, employers must handle social insurance for employees;

Commercial insurance: voluntary insurance, which establishes the rights and obligations of both parties in the form of contracts.

Different management systems

Social insurance: managed by government functional departments;

Commercial insurance: managed by an insurance company of enterprise nature.

Different objects

Social insurance: the object of participating in social insurance is workers, the scope of which is stipulated by law, and the qualifications are limited;

Commercial insurance: the object is natural persons, and the insured is generally unrestricted. As long as they are willing to take out insurance, they are willing to fulfill the terms of the contract.

Different coverage areas

Social insurance: the principle is to ensure the basic livelihood of workers, and the insurance benefits are generally paid monthly, and adjusted every year with the increase of the average social wage;

Commercial insurance: according to the principle of "more insurance, less investment and less insurance, no investment and no insurance", the claim standard is determined.

Can social security and commercial insurance be reimbursed at the same time?

Of course.

Commercial insurance is a supplement to social security. Medical insurance in social security can only reimburse outpatient and hospitalization expenses, and other expenses cannot be reimbursed. The part that can be reimbursed by commercial insurance is the part that cannot be reimbursed by social security and medical insurance. Therefore, commercial insurance and social security reimbursement will not conflict, and they complement each other and can be reimbursed at the same time.