2. Insurance funds of professional insurance organizations: that is, insurance companies and other insurance organizations raise insurance funds by collecting insurance premiums to compensate insurance units and individuals for losses caused by disasters or pay insurance benefits due.
3. Social security fund: As a national social policy, social security aims to provide a series of basic living guarantees for citizens. Citizens have the right to get material help from the state and society in case of old age, illness, unemployment, disaster and loss of working ability. Social security generally includes social insurance, social welfare and social relief.
4. Self-insurance fund: that is, economic units raise insurance funds by themselves to compensate for the losses caused by disasters and accidents. There are professional self-insurance companies abroad to raise funds to compensate the losses of parent companies and subsidiaries; China has a "safety production guarantee fund" through which industries can protect themselves, such as the "safety production guarantee fund" set up in sinopec group.
Extended data:
Characteristics of insurance funds:
Insurance fund is a kind of social reserve fund. The main forms of social reserve fund are: centralized reserve fund, self-insurance reserve fund and insurance reserve fund.
The reserve in the form of insurance, that is, insurance fund, is a kind of reserve formed by insurance institutions to collect insurance premiums from policyholders through signing contracts, which is used to compensate the losses caused by insurance accidents. Its operation process includes three stages: insurance premium collection; The accumulation and use of funds; Economic compensation.