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How long will it take to receive Ping An insurance?
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Insurance refers to the commercial insurance behavior in which the applicant pays the insurance premium to the insurer according to the contract, and the insurer bears the responsibility of paying the insurance premium for the property losses caused by the possible accidents agreed in the contract, or when the insured dies, suffers from disability, illness or reaches the age and time limit agreed in the contract. From the perspective of economics, insurance is a financial arrangement to share the loss of accidents; From the legal point of view, insurance is a contractual act, a contractual arrangement in which one party agrees to compensate the other party for losses; From a social point of view, insurance is an important part of the social and economic security system and a "subtle stabilizer" for social production and social life; From the perspective of risk management, insurance is a method of risk management. Insurance comes from offshore lending. In the Middle Ages, Italy had high-risk loans. The interest rate of risk loan is similar to today's insurance premium, but it has dropped because its high interest rate is forbidden by the church. 1384, the first insurance policy appeared in Pisa, and the modern insurance system was born.
Insurance has gradually developed from the form of mutual assistance in the embryonic stage to adventure lending, to marine insurance contracts, to marine insurance, fire insurance, life insurance and other insurance, and gradually developed into modern insurance. Commercial insurance can be roughly divided into property insurance, personal insurance, liability insurance, credit insurance, subsidy insurance and marine insurance. Large categories are classified according to the scope of insurance liability, and small categories are classified according to the type of insurance subject matter. According to the scope of insurance, it is divided into: personal insurance, property insurance, liability insurance and credit guarantee insurance. Fire insurance covers the losses caused by fire to the property stored on land in a certain geographical range, such as machinery, buildings, various raw materials or products, household appliances, etc. Marine insurance is essentially a kind of transportation insurance, and it is the earliest insurance in various insurance businesses. The insurer is liable for the loss of the subject matter insured caused by maritime perils.
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