A Research On The Endowment Insurance System In The Rural Areas In China

The endowment system was firstly founded in Germany. Generally speaking life insurance was born in urban areas but it was introduced into the rural areas in alter time because of the development of to economic growth to some extent, which is the indispensable consequence with the economic and political condition in a contain society .Till up to now , the endowment of the insurance system has spread more than of countries or areas in the world.As for China, since the foundation of the peoples Republic of China in 1949, we have engaged in two quite different systems of endowment insurance existing both in the countryside and urban areas. In the township and urban areas, there is actually an officially established endowment insurance system for the citizens. In the rural areas, nevertheless, there exists only one traditional endowment insurance mechanism merely supported by household and land property Without relevant officially provided insurance system for the citizens in the rural areas.Although in 1980s' ,China began constructing its endowment insurance system launched by government for the people in rural areasand although some relevant law ------The Foundational Law ConcerningThe Endowment Insurance at The Rural Areas in China , it was not , however, in some degree, compulsory and had not effectively social or far-reaching validity so that the law was in effect hardly felicitous for the practical situation in the non-urban areas in mainland China ,and consequently the endowment insurance in the countryside has matter-of-factually become a kind of business insurance or personal bank account with little relation with insurance . In addition, the endowment insurance was mostly supported by the government plane or principles and so it was easily regarded as an endowment insurance characterized bythe rules or regulations legislated by government. Therefore, it is urgent for the rural areas to establish a practical system in the rural areas to guarantee the interest of the aged peasants with the quickly approaching of the old age and the weakening of the endowment insurance of the aged people supported by traditional land properly.The thesis generally includes five parts. In the first, the history of the endowment insurance and relevant problems in the rural areas in China are reviewed with a belief that there exists not a real insurance system in the countryside. In the second part, the author agrees about the theoretical foundation on which an endowment insurance system is to be established with a viewpoint that the idea of the right to existence, social equilibrium, social economy as well as the thought of harmonious development, which are the essentials for the establishment of the endowment insurance in the rural areas in China. The third part that, with analytical study of the system the rural endowment insurance in the foreign countries, China has now a revelation that the governments at all levels in china should play a key role in turning out the endowment insurance system in the rural areas, that provide policystem of the insurance, that legislative levels for the establishment of the insurance system should be various and that the endowment insurance system in the rural areas should be enacted in legislative system exclusively. The fourth part of the article deals with the feasibility to establish the endowment insurance system in the rural areas, believing that China nowadays has been endowed with an amateur social condition for establishing endowment insurance system in China in its rural areas.The fifth part states the key point of the composition. That is, a presupposition is come up with in accordance with the substantial status quo of China that a sketch and relevant principles of the endowment insurance system in the rural areas and at the same time five paints are produced as follows:1> A polisystematic and synthetic endowment insurance may be...