What does quality insurance mean?

Quality insurance, namely quality assurance insurance, often appears in online shopping such as Tmall, Taobao and Pinduoduo. Take Tmall as an example. Tmall's quality insurance is jointly launched with Ping An Property Insurance. Merchants can choose whether to insure their products. When consumers buy insured goods, if they suspect that the quality of the goods is inconsistent with its description, they can apply to a third-party appraisal company for material appraisal of the goods within 30 days after delivery. If the appraisal result is true, they can claim compensation. Benefits of insurance: 1, providing necessary protection: insurance can give some common risk factors caused by accidents, health, death, etc., and give relief and protection to the insured, which can minimize the risk loss of the insured and effectively resist risks: 2. Planning risks: individuals or families can use insurance tools to plan their lives and transfer possible risks in advance; 3. Reasonable allocation of funds: insurance actually has certain degree. 4. Leverage: Insurance allows the insured to pay less premiums, thus obtaining higher protection compensation. With leverage, the insured can obtain better protection.