What business does the insurance company have?

(1) Property insurance business, including property loss insurance, liability insurance, credit insurance and other insurance businesses;

(2) Personal insurance business, including life insurance, health insurance, accident insurance and other insurance business.

The same insurer may not concurrently engage in property insurance business and personal insurance business; However, an insurance company engaged in property insurance business may engage in short-term health insurance business and accidental injury insurance business with the approval of the insurance supervision and administration institution.

The business scope of an insurance company shall be approved by the insurance supervision and administration institution according to law. Insurance companies can only engage in insurance business activities within the approved business scope.

An insurance company may not concurrently engage in businesses other than those stipulated in the Insurance Law and other laws and administrative regulations.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.