Which is better, social security or commercial insurance?

Hello, social security and commercial insurance are very good.

Social security provides people with basic protection, while commercial insurance provides people with more adequate protection.

Social security mainly includes medical insurance, unemployment insurance, work injury insurance, maternity insurance and old-age insurance.

In addition, due to the aging population, in order to solve the nursing problem of disabled and semi-disabled elderly people and reduce the economic burden of disabled and semi-disabled families, the state began to implement long-term care insurance in some cities.

Long-term care insurance is also called "six social insurance".

Commercial insurance mainly includes life insurance and property insurance.

Personal insurance is divided into health insurance, life insurance, accident insurance and annuity insurance.

Property insurance includes property insurance, agricultural insurance, liability insurance, guarantee insurance, credit insurance and other insurance with property or interests as the subject matter of insurance.

Generally speaking, the protection of commercial insurance is directly proportional to the premium. The more investment, the more adequate the protection.

Take medical security as an example.

Social security can only provide people with relatively basic medical security through medical insurance and industrial injury insurance.

Social security has strict requirements on reimbursement ratio, hospitals and drug types. However, treatment fees and medical expenses outside the scope of social security reimbursement cannot be reported.

And if you are unfortunately suffering from a serious illness, the medical security provided by social security is relatively limited.

Commercial insurance, including medical insurance, accident insurance and critical illness insurance, provides medical protection for people.

Relatively speaking, commercial insurance provides more adequate medical security, higher reimbursement rate, wider scope and greater protection for major diseases.

Therefore, if you want more comprehensive and adequate protection, it is recommended to allocate commercial insurance on the basis of social security.

I hope dad's answer will help you.