The first paragraph is that people in China are lucky and whole life insurance, and life-long critical illness insurance must be attached. 500,000 insured 0-year-old boys need 399 1 yuan per year for 20 years.
The second paragraph is a century-old auspicious whole life insurance with dividends. 500,000 insured 0-year-old boys pay for 30 years, and the annual premium is 5,300 yuan.
The third paragraph is Xinhua Xiangrui Lifelong whole life insurance (dividend-sharing type). 500,000 insured 0-year-old boys pay for 30 years, and the annual premium is 5,850 yuan.
Xiangrui Niannian should be one of them. You can reconfirm it. Let's see which company's product it is. It should be life insurance.
I hope I can help you.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.