Concept & Characteristics
LifeInsurance
Contract between policy owner and insurer
Insurer agrees to pay a sum of money upon the insured individual’s death or other event, such as terminal illness or critical illness
Two major categories
Protection policies
Investment policies
Characteristics
Two major Characteristics of LifeInsurance
1. Eventual Certaint
Life and the manager>
Samsung Life
Founded in 1957, Samsung life has been delivered the value of insurance. It diversified its business from insurance to finance and expanded its market abroad, and finally became the number one insurance company with asset of 160 trillion won. There are 5 main business ranges that Samsung Life focuses on: insurance, loan,
insurance against increasing insurance premium, we can't increase insurance premium.
Also with an aging society is continued, and medical technology development, medical cost paid by old people increase.
If this situation is continued, account of health insurance will have a deficit.
Korean use seventy or eighty millions of money as medical cost all their life and half of their medical cost i
● Definition of digital nomads
Digital nomads are individuals who use technology and the internet to work remotely from any location in the world, allowing them to have a location-independent lifestyle. Digital nomads often work as freelancers, entrepreneurs, or remote employees for companies, and they typically use laptops, smartphones, and other digital devices to communicate and collabora
1. Geographic Characteristics
- Country' name : The Socialist Republic of Vietnam
- Capital : Ha Noi
- Total area : 329,566 Km2
- Climate : subtropical(Northern), tropical(Southern)
- resources : phosphate, coal, manganese, bauxite, chromate, offshore oil resources, forest
- Environment : From May to January, there are season typhoons that occur deluge.
2. Health Status
1) Facilit