Is it better to buy social endowment insurance or China Ping 'an endowment insurance? Do these two kinds of insurance conflict?

No one can be left behind. Of course, social security is more important. Social insurance and commercial insurance complement each other. Although both social insurance and commercial insurance have the functions of helping each other and ensuring the stability of people's lives, they are fundamentally different in nature, as shown in the following aspects:

(1) The purpose and nature of insurance are different. Social insurance is a national compulsory social security, which is not for profit and belongs to the nature of national basic security. Commercial insurance is the business activity of financial enterprises. The amount of compensation is not determined according to the insured amount for the purpose of profit, and follows the principle of "more investment and more insurance, less investment and less insurance", which is of an economic nature.

(2) The objects and functions of insurance are different. The object of social insurance is social workers, whose purpose is to guarantee their basic life when they are old, weak, sick and unemployed. Commercial insurance means that the insured carries out insurance according to different stages of life, different parts of the body or possible dangers in order to obtain certain economic compensation.

(3) The reciprocal relationship between rights and obligations is different. Social insurance emphasizes that workers must fulfill their social insurance obligations and pay social insurance premiums in order to obtain social insurance benefits and rights, and emphasizes the equality of rights and obligations. The insured amount of commercial insurance depends on the premium paid at the time of insurance, and the repayment amount is determined by the insured amount.

(4) Different levels of treatment. Social insurance is to protect the basic life of workers. The protection level of commercial insurance depends entirely on the amount of insurance money paid by the insured and the length of insurance time.

I suggest that you must participate in social security. If you have plenty of money, you can use commercial insurance as a supplement to social security, which can give more comprehensive protection to the future pension planning.