Low risk usersThe effect of purchas

Low risk usersThe effect of purchasing insurance products may be higher than that of no insurance productsWhen these low-risk consumers choose not to buy insurance products, they exit the insurance market.Only those markets that are high-risk consumers will buy insurance and stay in the insurance market.After these low-risk consumers withdraw from the insurance market, the insurance companies can keep the original insurance.If the insurance rate does not change, there will be losses, and insurance companies cannot make up for the losses.Therefore, for those at risk, do not increase initial contributionsAs far as small consumers are concerned, they think the increased cost is not worth it, so they are more willing to do so.Once the insurance is terminated, high-risk consumers will be expelled from the category of "low-risk consumers".Entering the insurance market is the reverse choice in the insurance market.