The wealth management and sales funds issued by banks are not protected by deposit insurance. Deposit insurance is mainly aimed at savings deposits, and wealth management funds are not covered by deposit insurance. The so-called deposit insurance means that all kinds of qualified deposit financial institutions gather to establish an insurance institution, and then these deposit institutions, as the insured, pay premiums to them according to a certain proportion of deposits and establish deposit insurance reserves. If one day the member deposit institutions have business crisis or face bankruptcy, deposit insurance institutions can provide them with financial assistance.