The insurance fund in a broad sense refers to the reserve system of the whole society, and the insurance fund in a narrow sense refers to the centralized reserve of insurance institutions. Knowing the meaning of insurance funds, are you curious about its source? Here is a brief introduction to the main sources of insurance funds.

What is the main source of insurance funds?

1 public * * * department insurance fee

(1) The source of insurance expenses of public departments (funded by financial allocation); (2) The objects of public insurance expenditure are divided into commercial insurance expenditure and social insurance expenditure.

2. Residents' individual insurance expenses

(1) For workers in material production departments, their insurance costs come from income; For workers in the intangible production sector or other income earners, their insurance costs come from national income. ② The objects of residents' personal insurance expenditure are divided into residents' personal property and additional insurance, personal insurance, social insurance and professional liability insurance.

3 enterprise insurance costs

(1) The enterprise insurance premium expenditure comes from the net added value of the enterprise, and part of the surplus labor of the employees is the source of enterprise insurance premium. Because the enterprise is an economic accounting unit with income as its expenditure, insurance expenses are charged in the cost and compensated by sales income. ② The objects of enterprise insurance premium expenditure are divided into enterprise property insurance and liability insurance expenditure and enterprise social insurance premium expenditure.

I hope the above answers are helpful to you.