Insurance is a popular industry abroad, but many Chinese people think insurance is a pyramid scheme. What do you think?

With the development of the economy, people nowadays pay more and more attention to insurance. The reason why people had misunderstandings about insurance in the past, and even said that insurance is a scam and a pyramid scheme, is actually because of the improper salesman's attitude. He is professional and fails to do his best when introducing insurance types. He only cares about performance and ignores the substance of the policyholder's purchase of insurance.

Insurance has developed to this day and is supported by more and more young people. Now almost all the friends around me have insurance, and almost every family buys insurance for the elderly and children! There are also many insurance companies. Well-known insurance companies, such as Pacific, Ping An, Life Insurance, etc., are all very powerful companies. The reason why people misunderstand it is because of the following reasons.

Not choosing the right type of insurance

When an insurance salesperson comes to you and introduces insurance to you, you must know more about what kind of insurance you need and which one. Which one is suitable for you, in terms of financial management or medical treatment? Every insurance company will launch many types of insurance, including critical illness insurance with dividends, simple financial management and pension, etc. If you choose the right one, you will not go wrong.

Misunderstandings about insurance

The reason why you think insurance is a pyramid scheme is actually because you are buying the wrong type of insurance. Many people focus on buying insurance for themselves as financial management. When an accident occurs, we do not get the compensation we deserve, which leads to misunderstandings about insurance. This leads us to fall into a misunderstanding. We buy insurance just to provide ourselves with a guarantee. When we really get sick one day, we will not because of it. Having no money and not being able to afford medical treatment is a drag on the family. Therefore, you must have a certain understanding of it before purchasing insurance and find the one that suits you.

Insurance is legal, but MLM is indeed illegal, so they cannot be compared. The reason why everyone misunderstands it is actually just that the salesperson misled consumers in order to complete his own performance indicators when making introductions. First, we buy insurance just to provide ourselves with protection. It is also good for us to learn more about this aspect.