1. The guarantor signs a guarantee contract and assumes the guarantee responsibility. The guarantee responsibility is divided into general guarantee and joint guarantee, and the general guarantor assumes the second repayment responsibility.

2. The promisor signs the promised repayment agreement and assumes the responsibilities agreed in the agreement. The promisor generally assumes the repayment responsibility of the third party.

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