| Since entering the second decade of the 21 st century,China's economy has said goodbye to the past 30 years of rapid growth,and has entered into a new normal state of medium-speed growth.One of the major challenges is the aging population.Traditional family pension and social security for the elderly is difficult to provide the perfect old-age security for the elderly.Housing reverse mortgage endowment insurance is one of the representatives of innovative pension model in China.On June 23,2014,China Insurance Regulatory Commission issued “China Insurance Regulatory Commission on the development of the elderly housing reverse mortgage endowment insurance pilot guidance”,marking the elderly housing reverse mortgage endowment insurance into the pilot stage.Two years later,China Insurance Regulatory Commission issued a notice,deciding to expand the elderly housing reverse mortgage endowment insurance pilot areas.The implementation of this policy has received extensive attention from all sectors of the community,but it encountered a cold reception from the supply and demand sides.This article explains the meaning,basic elements,operating mechanism of housing reverse mortgage endowment insurance and studies the present situation of it,analyzes the sales of the first housing reverse mortgage endowment insurance product in our country.By analyzing the models of housing reverse mortgage endowment insurance of the United States,England,Japan and Hong Kong,summarizing their characteristics of development and experience and lessons to provide reference for our country.On the basis of their experience,providing suggestions for development such as: enrich insurers and types of products to meet the needs of consumers;encourage more financial institutions to take part in to promote healthy competition and development;use public media resources to improving people's pension concept;encourage self-help pension and improve the supporting services and security system at the same time. |
PDF Full Text Request