Economics View of Compulsory Environmental Pollution Liability Insurance

According to whether the insured voluntarily pay for the insurance products,insurance mode can be divided into two types- voluntary and compulsory. Environmental pollution liability insurance in China started relatively late,and the options of insurance mode isinconclusive,but the pollution of the environment can not be optimistic,what's more,environmental pollution accidents occurred frequently. This paper analyzed why compulsory insurance mode is necessary from the perspective of economics,in order to promote the development of China's environmental pollution liability insurance,and provide insurance- related support for the beauty of our country.