Is social insurance commercial insurance?

Commercial insurance refers to the form of for-profit insurance operated by professional insurance enterprises through the conclusion of insurance contracts. Commercial insurance relationship is a contractual relationship concluded by the parties voluntarily. The insured pays the insurance premium to the insurance company according to the contract, and the insurance company shall be liable for the property losses caused by the possible accidents agreed in the contract, or the death, disability, illness or reaching the agreed age and time limit of the insured. The so-called social insurance refers to a social security system that forms a social insurance fund by collecting insurance premiums to provide basic living security for members who lose their working ability or job opportunities due to old age, illness, maternity, disability, death and unemployment. \ r \ nfunction \ r \ n 1. The business entity of commercial insurance is a commercial insurance company. \ r \ n2。 The insurance relationship reflected by commercial insurance is embodied in the insurance contract. \ r \ n3. The objects of commercial insurance can be people and things (tangible and intangible), and the specific objects are people's life and body, property, interests, responsibilities and credit related to property. \ r \ n4。 The business of commercial insurance should aim at profit, obtain the maximum profit and ensure that the insured can enjoy the maximum economic security.