Joke Collection Website - Mood Talk - Ask someone smart, the insurance industry. Can anyone tell me how insurance companies in this industry make money? In other words, how to lie.
Ask someone smart, the insurance industry. Can anyone tell me how insurance companies in this industry make money? In other words, how to lie.
1. First of all, you have to pay the insurance premium. The insurance company uses the premium paid by everyone to make profits from various investment businesses
2. For example, fire insurance, life insurance, etc. The chance of something happening is very small, which is equivalent to using the money of most people to compensate a few people, and the difference is the profit of the insurance company
3. Financial management, life insurance, etc. are actually when you hand over your money to the insurance company The company asks him to invest for you, and he shares it with you. If you lose, you can only get interest income. If you make money, he can get management fees and other expenses, and many of his investments are relatively safe, so It basically guarantees investment income, which also guarantees the income of the insurance company
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