The Sustainable Development Of The Endowment Insurance In Our Country

From the mid-and-late part of the 20th century, endowment insurance real-time paying system began to face population's age-oriented problem in many countries.The endowment insurance system starts quite late in our country, as well as the lower economic development, and growing age-oriented problem, the real-time paying system are facing greater pressure.We must explore a way of sustainable development on the endowment insurance system. First of all, the paper briefly introduces the history and present situation of the endowment insurance in our country. We carry out "the series account union" partial accumulation system in endowment insurance, but as a matter of fact, it does not work efficiently, that is the sustainable development of the endowment insurance has not been realized. Secondly, the paper introduces several typical endowment insurance systems in different countries, such as the US, Germany, Sweden, Singapore, etc., on the purpose of providing models for opening our minds on innovation of endowment insurance.Referring to the model analysis, the paper provides conditions of realizing endowment insurance sustainable development in our country. The premise is to find the switcher cost, and to enrich individual account. The basic condition is to reach the investment returns benefits ratio, which is based on the fund of endowment insurance, and to maintain an appropriate proportion at the same time. Meanwhile, the effective way of how to find the switcher cost and enrich individual account also be discussed in the paper. Additionally, the particularity of the investment in endowment insurance fund is analyzed in this paper, as well as the benefits ratio of a variety of investments under real situation and the differences of risk programs, proposals for the running and the investment in endowment insurance fund also be put forward. Finally, the paper points out that the government is playing the extremely vital role in the endowment insurance innovation even though there are some problems existing, and the relative causes are analyzed, suggestions are put forward .