Performance insurance: generally speaking, when you sign a contract, both parties fail to fulfill their due obligations during the execution, which leads to the risk that the contract cannot be executed. Credit insurance means that the obligee insures the debtor's credit risk with an insurer, which is an insurance product used by enterprises for risk management. Its main function is to ensure the safety of enterprise accounts receivable. Its principle is to transfer the debtor's guarantee responsibility to the insurer, and when the debtor fails to perform his obligations, the insurer shall bear the liability for compensation.