1. Mutual assistance: insurance can share the risks borne by individuals or organizations to a certain extent, and form an economic mutual assistance relationship, which is mainly reflected in the insurer's establishment of an insurance fund with the insurance premiums paid by most of the insured, and then making economic compensation to a few insured who suffer losses;

2. Legitimacy: Insurance is a contractual act, which means that one party is willing to compensate the losses caused by the injured party and has legal effect;

3. Economy: insurance realizes an economic security activity through economic compensation or payment;

4. Commodities: Insurance is an exchange of consideration, which can be said to be a commodity economic relationship;

5. Scientificality: Insurance is based on probability theory, law of large numbers and other scientific theories.

What is financial insurance?

Financial insurance is a new type of insurance product that integrates insurance protection and investment functions, and belongs to new life insurance. Simply put, it is a product with both financial management attributes and insurance protection attributes. Compared with daily insurance, wealth management insurance focuses more on financial investment and wealth management. Frankly speaking, it can be regarded as a wealth management product.