concept   endowment insurance
culture   China
statement   Endowment insurance is a less common type of insurance in China, mainly used for long-term savings and family financial security.

3 similar statements
# Concept Culture Statement Freq.
1 endowment insurance China Endowment insurance is commonly used as a long-term savings and investment plan, often seen as a way to provide financial security for the family. 1
2 endowment insurance China Less common type of insurance compared to term life or whole life insurance 1
3 premium payment China Employees often cover premium payments for additional benefits 1