Social endowment insurance will lose money, can the protection in commercial insurance be fulfilled as scheduled?

Hello, I'm Liu Qiang, a salesman of Xinhua Life Insurance.

Generally no problem.

Because of the pay-as-you-go system of social pension insurance, that is, the pensions paid by working people are for retirees who need pensions, and before that, there was no social pension insurance system in China, which means that many people who are using pensions have paid no money at all or only a little. That's why the pension account has a huge deficit.

The commercial principle of commercial insurance means that the commercial insurance you buy is equivalent to signing a corresponding legally binding contract with the insurance company, and the insurance company has no right not to perform the corresponding rights. Because once the insurance company fails to perform the corresponding rights, it will have extremely serious social impact, and the image and commercial interests of the insurance company do not allow it to do so. In addition, the insurance contract is a contractual document. If the insurance company fails to perform the contract, it will be sanctioned by law.