Legal analysis: there is no risk for insurance companies to save money. The advantages of insurance deposit are: 1, insurance attribute. According to the insurance law, the beneficial right of life insurance is greater than the creditor's right, so the money placed in the insurance company can avoid debt, and no one can freeze the money. 2, the nature of insurance, the insurance law stipulates that insurance income is tax-free, unlike the money deposited in the bank to pay interest tax, although the collection is temporarily suspended. 3, income is stable, a rising tide lifts all boats, your money will only increase over time and will not decrease, and financial fluctuations have nothing to do with me before that. 4. Improve credit. General bank loans to enterprises require enterprises to handle property insurance. Similarly, the credit of enterprises that have purchased insurance will be greatly improved, and so will the credit of enterprises. 5. The policy will not be frozen, nor will it be claimed by the debtor. When an enterprise goes bankrupt, stocks, bonds, deposits, etc. Will be frozen, but only the insurance policy will not be frozen. Even creditors have no right to ask beneficiaries to repay their debts with insurance proceeds.
Legal basis: Article 10 of People's Republic of China (PRC) Insurance Law is an agreement between the insured and the insurer on insurance rights and obligations. The applicant refers to the person who has entered into an insurance contract with the insurer and has the obligation to pay the insurance premium according to the contract. An insurer refers to an insurance company that has entered into an insurance contract with the applicant and is liable for compensation or payment of insurance benefits according to the contract.