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Life insurance is a kind of personal insurance which purpose is to insure one’s life.When accidents happen to the policyholder,the insurer or his company pays a certain amount of insurance fee.The initial purpose of life insurance is only to subsidize the financial burden in case of unexpected death.However,as time passes by the concept of saving is introduced,thus when the warranty period ends,the policyholder will receive an amount of insurance money from the company.Life insurance is a service in the social security system,and aims to insure one’s health and life.Death,disability,and illness are considered as dangers anyone is facing,we call these personal dangers.