Group 1 - The insurance market is increasingly diverse, with various types of commercial insurance available, making it essential for consumers to select suitable products based on their needs and the characteristics of different insurance types [1] - Types of commercial insurance include health insurance, life insurance, accident insurance, and property insurance, each serving specific purposes such as covering medical expenses, providing financial support in case of death, compensating for unexpected accidents, and protecting material assets [1] Group 2 - Understanding personal needs is fundamental in choosing the right commercial insurance products, as factors like risk exposure, living environment, and job nature influence the types and levels of risk faced [2] - Individuals in high-risk professions should prioritize accident insurance and higher coverage life insurance, while older adults may require comprehensive health insurance to manage potential medical expenses [2] - Family financial status and debt levels also impact insurance choices, necessitating coverage that can sustain the family in case of unfortunate events [2] Group 3 - Evaluating insurance terms is crucial when selecting products, including understanding the scope of coverage, payment conditions, and exclusions that detail when the insurer is not liable for claims [2] - Key aspects to focus on include the claims process, required documentation, and payout ratios to ensure smooth compensation when needed [2] Group 4 - The financial strength and reputation of insurance companies are vital, as robust financial health ensures they can handle large-scale claims [3] - Assessing a company's financial reports and operational status, along with customer reviews and industry ratings, can provide insights into their reliability and service quality [3]