Cooperative performance guarantee insurance is a form of insurance in which the insurance company promises to the beneficiary (investor) of performance guarantee insurance that if the debtor (borrower) fails to perform his obligations in accordance with the contract or legal provisions, the insurance company will bear the liability for compensation. As an individual-oriented third-party wealth management platform, online banking finance has reached a cooperation with PICC China People's Insurance Company to launch performance guarantee insurance products, and also joined hands with China United Property Insurance, Changan Liability Insurance and Huaan Insurance to promote loan guarantee insurance wealth management.
If you have any other insurance questions, please come: protect more fish and talk about insurance.