First, everyone should realize that social insurance is a better quality insurance than commercial insurance, and the reasons are roughly as follows:
1. Social insurance is a national non-profit universal welfare security cause, while commercial insurance aims to make profits. Generally speaking, the cost of commercial insurance is much higher than that of social insurance with the same specifications.
2. The aspects covered by social insurance are more than those of general commercial insurance. Commercial insurance usually only covers medical or pension, while social insurance generally can cover five types of insurance simultaneously, and in the medical aspect.
3. The standards of social insurance are constantly improving every year. In early July each year, the state adjusts the social security base according to the basic salary of employees, and the adjustment ratio is relatively high, generally increasing by more than 10% each year. This means the more you get later on. The biggest advantage of this is to reduce the impact of inflation to a very small extent, while commercial insurance may also adjust returns, but overall...