Difference Between Shinking Fund Method And Insurance Fund Method Of Depreciation

Here we are giving you the differences between Shinking Fund Method And 
insurance Method Of Depreciation-

Shinking Fund	Insurance Fund
1.       Depreciation amount is used to purchase securities at the end of the year	Used to pay premium of insurance company at the beginning of year
2.       Risk of loss	No risk of loss
3.       Amount payable to security concern is not fixed	Amount is fixed
4.       Amount after sale of securities can be adjusted to buy new assest	Assest is destroyed during the year ,no adjustment takes place.cause we can’t claim full amount of insurance