China's insurance law has strict regulations on the use of funds by insurance companies. Article 106 stipulates that insurance companies must use funds steadily and follow the principle of safety. The use of funds by insurance companies is limited to the following forms: (1) bank deposits; (2) buying and selling bonds, stocks, shares of securities investment funds and other securities. (3) investing in real estate; (four) other forms of use of funds as prescribed by the State Council.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.