Commercial insurance refers to the form of insurance operated by professional insurance companies for the purpose of profit by signing an insurance contract.

Characteristics of commercial insurance: 1. The main body of commercial insurance is commercial insurance companies.

2. The insurance relationship embodied in commercial insurance is reflected in the insurance contract.

3. The objects of commercial insurance can be people and things (including tangible and intangible). The specific objects are human life and body, property, and property-related interests, responsibilities, credit, etc.

4. The operation of commercial insurance should be aimed at profit, and the maximum profit must be obtained to ensure that the insured enjoys the greatest degree of economic protection.

Commercial insurance is a kind of commercial behavior. Insurance operators aim to pursue profits, conduct independent accounting, operate independently, and are responsible for their own profits and losses.

The coverage of commercial insurance is determined through negotiation between the insured, the insured and the insurance company.

Under different insurance contracts and different insurance types, the coverage and level of protection obtained by the insured are different. The coverage of social insurance is generally predetermined by the state, and the scope of risk protection is relatively narrow and the levels are also different.

Protection is relatively low.

This is determined by its social security nature.