The basic insurance amount is a calculated value, and the insurance amount is a claim amount. The basic insurance amount is agreed by the applicant and the insurance company at the time of insurance, but it must comply with the insurance regulations of the insurance company at that time, and the agreed insurance amount will be stated in the insurance policy. The insured amount refers to the maximum amount that the insurance company promises to compensate or pay the insurance money according to the insurance contract, that is, the actual insured amount of the subject matter insured.