Legal analysis: risk control insurance means that in the futures market, traders can participate in futures contract trading by paying a small amount of funds according to a certain proportion of the futures contract price as the financial guarantee for the performance of futures contracts. This kind of funds is the futures margin. In China, futures margin can be divided into two categories according to its nature and function: settlement reserve and trading margin. Settlement reserve is generally paid by member units to the exchange according to fixed standards, and prepared in advance for transaction settlement. Trading margin refers to the actual margin paid by member companies or customers for holding futures contracts in futures trading, which is divided into initial margin and additional margin.

Legal Basis: Article 2 of the Insurance Law of People's Republic of China (PRC) The term "insurance" as mentioned in this Law refers to the commercial insurance behavior in which the applicant pays the insurance premium to the insurer according to the contract, and the insurer will be liable for the property losses caused by the possible accidents agreed in the contract when the insured dies, is disabled, is sick or reaches the age and time limit agreed in the contract.