What kind of expense accounts does the insurance premium belong to?

In order to determine what kind of insurance premium this kind of insurance premium is, general property insurance is accounted for under "management fee-insurance fee". If it is a business, such as transportation insurance, it belongs to the office expenses in the management expenses, or it is directly the operating expenses. If it is for employees, it should belong to employee welfare expenses.

Insurance premium refers to the fee paid by the insured to the insurer according to the insurance rate determined at the time of insurance. When all or part of the insured property is lost due to disasters and accidents, or when there is an accident in personal insurance, the insurer shall pay the insurance money. Insurance premium consists of insurance amount, insurance rate and insurance period. The amount of insurance premium is directly proportional to the amount of insurance, the level of insurance premium and the length of insurance period, that is, the greater the insurance premium, the higher the insurance rate, the longer the insurance period and the more insurance premium. It is the obligation of the insured to pay the insurance premium. If the insured fails to pay the insurance premium on time, the insurance contract will be invalid in voluntary insurance; In compulsory insurance, a certain amount of late payment fee needs to be added.