What's the difference between mutual insurance and general insurance?

1, the insurance contractor is different.

Mutual insurers have no external shareholders and are jointly owned by all the insured.

An ordinary insurance company is an insurance company.

2. Preferential payment of mutual insurance premium

Mutual insurance because the operating costs of mutual insurance companies are low, it is possible to set lower insurance rates.

Due to the profit requirements of insurance companies, the general insurance rates are correspondingly higher.

3. Different risks and benefits

Mutual insurance means that the interests of the insured and the insurer are consistent, which can better realize the customer's interests as the center and the customer's participation in management, thus effectively avoiding moral hazard caused by improper operation of the insurer and fraud of the insured. The insured "* * enjoys the benefits and * * * shares the risks".

The underwriting insurance company of general insurance aims at profit, and the insured has almost no interest income, and the insurance risk is borne by the insurance company.

5. The fixed loss amount is different.

The cost of mutual insurance exhibition industry is lower, and the accuracy of nuclear disaster loss judgment is higher, which can effectively reduce operating costs and provide more economical insurance services for members.

General insurance has a low loss limit because it aims at profit.

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