What is the difference between social security and commercial insurance, which is better

Social security or commercial insurance is better?

In fact, no matter which one is good, we should know their shortcomings and highlights, which will be more conducive to the analysis:

1, social security:

Advantages are:

(1) social security of medical insurance: regardless of age, occupation, pre-existing conditions, to see a doctor to be able to reimbursement;

(2) social security type of old age insurance: to meet the old age of basic life (3) Maternity insurance of social security: maternity checkups and births can be paid for, and there are allowances for maternity leave;

(4) Unemployment insurance of social security: unemployment can be paid for;

(5) Employment injury insurance of social security: injuries on the job, loss of labor, occupational diseases, and sudden deaths can all be paid for.

In a word: the biggest feature lies in the broad coverage, basic protection, multi-level, sustainable;

Shortcomings are:

Social security in the medical insurance directory outside the cost is not insured, resulting in a lot of out-of-pocket expenses; and the pension insurance has a certain degree of uncertainty, can not be understood how much money you can receive old age pension, maternity insurance does not insure the death of a pregnancy; unemployment insurance is only to protect the situation in the work, not to insure the job, unemployment insurance also can only be used to collect money, but also to protect the workplace. Outside the work is not insured, unemployment insurance can only receive the basic life, receive a limited number of months.

2, commercial insurance:

Advantages:

(1) commercial medical insurance: the million medical insurance, for example, social security inside and outside of the medication can be reimbursed, after deducting the deductible of 10,000, eligible for reimbursement of 100%.

(2) term life insurance: no matter in the travel and play, work, or daily life, the death can pay a large sum of money to solve the external debt;

(3) accident insurance: the main difference between accident insurance and workers' compensation insurance is that accident insurance does not insure part of the occupational disease, but the protection time is more comprehensive, such as the protection of life, the work of accidental situations, such as falls, broken bones and so on.

(4) Critical illness insurance: a one-time solution to the rehabilitation costs of the follow-up of a serious illness, job loss, etc..

(5) Commercial Pension Insurance: Fixed income, locking in benefits in advance.

The shortcomings are:

Millions of medical insurance and critical illness insurance have a limited age, very strict physical requirements, etc..

It is clear whether social security or commercial insurance is better. The shortcomings of social security are the advantages of commercial insurance, which has age limitations and very strict physical and occupational requirements. Social security again has public welfare. Therefore, if the economic conditions permit, is the two together to buy will be better.