What does the insurance activity rate mean?

Sometimes we will hear whether the rate of an insurance product (rate = premium/insured amount) is high or low, and there is generally a reference. For example, a product has a lower rate than other products. There are two meanings.

1, which means that under the same premium, the protection amount of this product is higher.

2, under the same amount of protection, the premium of this product is lower.

But the quality of insurance products depends not only on the rate, but also on other parameters, such as the scope of protection and whether there is dividend.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.