What are the features of eMutual compared to commercial insurance and traditional mutual insurance?

E Mutual Aid is different from commercial insurance in the following ways: First, the risk is single. Currently, the "e Mutual Aid" platform only deals with a single homogeneous risk, providing a solution for a wide range of middle and low income groups in terms of catastrophic and major illness protection, unlike commercial insurance and traditional mutual insurance which provide protection against a wide range of risks. Second, product pricing. "The eMutual platform makes small amounts of mutual payments based on dynamic risk liability generation. The cost of obtaining catastrophic risk protection services for everyone, yearly or over a generation, will need to be accurately captured by big data in the future. Third, the consumer landscape. "Since its launch, Mutual Aid has not invested in building or bundling traditional sales channels to promote the platform, nor has it invested in large-scale media promotion and advertisements. It has only built social platforms such as WeChat to spread word-of-mouth among members, and members join the platform through direct online operation and payment. Fourth, protection services. In the unfortunate event that something happens to a member of the "e-Mutual Aid" platform, he or she only needs to call the platform service hotline to submit an application. After an independent investigation is completed by the offline commissioned public assessor, the online announcement, mutual aid fundraising, and payment, as well as the information of the assisted member and the information of other members fulfilling their mutual aid obligations are all published online in a clear manner, thus effectively solving the problem of asymmetry of information. Fifth, the profit model. Unlike commercial insurance companies and traditional mutual insurance companies which derive their profits from three differentials (fee, mortality and interest), e-Mutual Aid's members' rechargeable amount is fully utilized for mutual aid, so that they can earn income from providing accurate value-added services according to their fragmented needs in the future.