Does commercial insurance belong to social insurance?

Commercial insurance does not belong to social insurance. What's the difference between commercial insurance and social insurance?

Different purposes: social insurance is an insurance system enforced by the state to ensure social security, not a profit-making institution. Commercial insurance is the business activity of for-profit enterprises. Independent accounting, self-financing, the state does not subsidize;

Different functions and objects: social insurance is aimed at workers and their immediate family members, and provides material assistance according to the prescribed standards when workers lose their ability to work. Commercial insurance is for all citizens. The insurer and both parties have the right to choose freely, and give the insured certain economic compensation according to the number of accident cases that pay insurance money;

The reciprocal relationship between rights and obligations is different: social insurance emphasizes that workers must come first to fulfill their obligations to contribute to society, so as to obtain the right to enjoy social insurance benefits. Commercial insurance is an equivalent exchange relationship of more investment and more insurance, less investment and less insurance, and no investment and no insurance;

The management system is different: social insurance is under the centralized leadership of the central or local governments, and specialized agencies are responsible for organization and management, which belongs to the administrative leadership system. Commercial insurance institutions are relatively independent economic entities, operating independently and belonging to the financial system. They are only responsible for compensation for economic losses, and social services are not involved after compensation.