In the county government office, Li Jin and Zhu Biao were discussing the aftermath of Hepu County.
Li Jin told Zhu Biao that he planned to pay triple compensation to the people who had been harmed in Hepu County.
Zhu Biao was worried that there was not enough money, so Li Jin said that he would keep the 10 million taels of silver compensated by Annan to compensate the people and merchants in Hepu County.
Li Jin then told Zhu Biao that he had a brilliant idea that could nip problems in the bud.
Zhu Biao hurriedly asked Li Jin what the good idea was?
"Insurance!! Insure everyone!!"
Li Jin's expression suddenly became a little excited, his thoughts surged like a fountain, and he began to tell Zhu Biao his thoughts eloquently:
"Let's set up an insurance company and establish a mechanism to provide insurance for people and businessmen."
"As long as users buy our insurance, if something happens to them in an accident, we will compensate them according to the bill. Not only that, but we will also compensate them an additional amount of insurance money."
“They can insure their personal safety, their goods, and even their health.”
"As long as it is the insurance that users want to buy, we can guarantee it. Once there is a loss, we can pay for their loss."
Zhu Biao was stunned when he heard Li Jin's crazy plan.
After a long pause, Zhu Biao did not recover.
Until Li Jin spoke again:
"Master Huang, what do you think of my insurance plan?"
Li Jin's words brought Zhu Biao back to reality. Only then did Zhu Biao wake up and asked hurriedly:
"Master Li, your idea is wild and unconstrained, but if we want to double or even triple the compensation, then how much money we have will not be enough to compensate the people across the country."
"We simply can't afford this amount of money."
"Wrong, absolutely wrong!"
Li Jin stretched out his finger, shook it left and right in front of Zhu Biao, and said:
"Insurance insurance only covers risky things, not things that are certain to happen."
"For example, for personal safety, if a user buys an insurance policy, we will give them a one-year policy. If the person is already dying, we will definitely not let him take out the insurance."
"We will only pay for the accidents of these people. For example, if this person is in the prime of life and has no disease, if he wants to buy insurance, we will definitely be willing to do so."
Zhu Biao still has some questions:
"But this man has no disease and is in the prime of life. How can he buy insurance? Isn't he a fool?"
"You're wrong again."
Li Jin shook his head and said:
"The absence of disease does not mean that there are no accidents. For example, take the military disaster in Hepu County this time. Who would have thought that disasters would suddenly reward people?"
"What we want from insurance is to ensure that when these accidents happen, they will be compensated for their losses."
"As a famous saying goes, no one can be sure whether tomorrow or the accident will come first."
"Tomorrow and accidents? Who said this?"
Zhu Biao's face was filled with doubts.
"Uh...that's not important. What's important is that we are going to get rich!!"
Li Jin looked excited. It was only today that he remembered the artifact of wealth called insurance.
Think of how many wealthy tycoons worth hundreds of billions in previous lives started their careers in insurance?
In China, a country with a large population, insurance is bound to become a capital behemoth.
However, Zhu Biao still had doubts, "But if you want to buy insurance, it will definitely be expensive, right?"
"Where can ordinary people have money to buy insurance?"
Li Jin had to patiently explain again:
"Not much, not much at all."
"We set levels. The more you pay, the more insurance you get. The minimum can be set to one-twentieth of the insured amount."
"That is to say, if you invest one tael of silver, if there is an accident in the end, we will compensate them 20 taels of silver."
"If they invest ten taels, we will pay them two hundred taels of silver."
When Zhu Biao heard this exaggerated odds, he was shocked and asked:
"If that's the case, how are we going to make money?"
"It's very simple. We just need to sell this insurance as much as possible. As long as thirty people buy the insurance, it will be enough to pay the compensation for one person, and we can still make a lot of money for ten people."
Li Jin calculated the accounts for Zhu Biao.
But Zhu Biao was still worried:
"What if two people have an accident?"
"This depends on the ability of our emperor!"
Li Jin pointed upward and said slowly:
"If it were a peaceful time, accidents would naturally be reduced a lot."
"But if we are in troubled times, we will definitely lose money and die if we buy insurance. What do you think of our emperor?"
Zhu Biao was stunned, but he quickly reacted and said:
"Nature is wonderful."
"Isn't that okay?"
Li Jin clapped his hands and said:
"The next few years will be a rare era of peace and prosperity. As long as the current emperor is here, our insurance business will continue."
"But after the emperor passes away, our insurance will be suspended for now and will be reissued in a few years."
Zhu Biao was a little confused, "Why not do it?"
"Will war break out if the emperor is gone now?"
"The world has been at peace for a long time, and His Highness the Crown Prince is not a tyrant. How could there be war?"
Zhu Biao felt that Li Jin was looking down on him, but he immediately just smiled and said casually:
"The current prince is naturally virtuous and benevolent, but who can say clearly what will happen next?"
"Anyway, just do as I say for the time being. Insurance needs to be put on the agenda immediately. After Hepu County is rebuilt, insurance will start to be put on trial basis."
"The initial trial will start in Hepu County! It will be implemented first with merchants who go to sea from the port, and these people will be forced to buy insurance. We can even deliberately lose a group of merchant ships and specifically compensate these merchants to increase the popularity of our insurance."
Zhu Biao nodded silently. In any case, Zhu Biao felt that insurance was indeed a measure to benefit the people.
If something unexpected happens to people, insurance can play a big role.
After Li Jin left, Zhu Biao began to write to Zhu Yuanzhang, reporting in detail the incident in Hepu County.
Of course, at the end of the letter, Zhu Biao also added Li Jin’s insurance proposal.
At the same time, Zhu Yuanzhang, who was far away in Yingtian, had received news of the attack in Hepu County, and was furious in his study.
