China Insurance Regulatory Commission, Working Guidelines on Standardization of Personal Insurance Policies (Trial Implementation)

中国保险监督管理委员会人身保险保单标准化工作指引 (试行)

January 31, 2006 | BY

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Promulgated: November 18 2005Applicability: These Guidelines apply to personal businesses with terms of one year and above, including individual life insurance…

Clp Reference: 3900/05.11.18 Promulgated: 2005-11-18

Promulgated: November 18 2005
Applicability: These Guidelines apply to personal businesses with terms of one year and above, including individual life insurance contracts, individual health insurance contracts and individual accident insurance contracts (Item Four, Part One).

Main contents: The Guidelines comprise:
Part One: General Provisions
Part Two: Personal Insurance Policy Jackets
Section One: Composition of Insurance Policy Jackets
Section Two: Main Contents of Various Items Composing an Insurance Policy Jacket
Section Three: Formulation Specifications for Insurance Policy Jackets
Section Four: Special Requirements for Insurance Policy Jackets for Participating Insurance
Section Five: Special Requirements for Insurance Policy Jackets for Investment-linked Insurance
Section Six: Special Requirements for Insurance Policy Jackets for Universal Insurance
Section Seven: Special Requirements for Insurance Policy Jackets for Health Insurance and Accident Insurance
Part Three: Personal Insurance Clauses
Section One: Overall Requirements
Section Two: Contract Matters Involved in General Personal Insurance Clauses
Section Three: Special Requirements for Participating Insurance Clauses
Section Four: Special Requirements for Investment-linked Insurance Clauses
Section Five: Special Requirements for Universal Insurance Clauses
Section Six: Special Requirements for Health Insurance and Accident Insurance Clauses
Related legislation: PRC Insurance Law (Amended) , Feb 28 2009, CLP 2009 No.3 p.35; Circular on the Establishment of Arbitration Clauses Within Insurance Clauses, 1999; Actuarial Provisions for Individual Investment-linked Insurance and Actuarial Provisions for Individual Universal Insurance

clp reference:3900/05.11.18promulgated:2005-11-18

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