Mutual insurance is mutual insurance. Enterprise mutual insurance refers to the voluntary organization of some enterprises with common requirements and facing the same risks. It is a form of insurance that pays the compensation and sharing of risk loss in advance. It is a way to deal with risks, and the cost of mutual insurance is lower than that of enterprises buying commercial insurance.

Mutual insurance itself is a kind of guarantee mode for enterprises, so mutual insurance between enterprises and guarantee unit guarantee is a superimposed guarantee mode.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.