Mutual insurance is one of the most important forms of insurance market in the world today. It refers to an organization composed of people who have certain protection requirements for the same danger. For the purpose of mutual assistance, the practice of "* * * enjoy the benefits * * * share the risks". Group members pay premiums to form a fund, which is used to make up for disaster losses when disasters occur. Mutual insurance mainly includes four forms: mutual insurance agent, insurance cooperative, mutual insurance agent and mutual insurance company. The most mature one is the mutual insurance company, which is a legal person organization established by all insurance participants for their own insurance. Mutual insurance companies have a long history.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.