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The CIRC Put Small Life Insurance forward to the Country

Source: Yiwu sourcing agent    Author: Gary      Date: 2012-07-22

Learned yesterday from the CIRC, the small life insurance will be a pilot to a nationwide promotion, the maximum amount of insurance increased from 50,000 yuan to 100,000 yuan, benefiting low-income groups.
  The CIRC said that the promotion of micro-life insurance in the country on the basis of summing up the pre-pilot experience. In the future, rural permanent residents and urban low crowd, entitled groups, and urban residence, city workers will be able to enjoy the small life insurance services. The CIRC particular, the maximum insured amount of the micro-complement of micro-accident insurance, combined with the new rural cooperative medical insurance increased from 50,000 yuan to 100,000 yuan, compulsory insurance, or bundling damage that may arise and to promote consumer interests of the specification.
  It is understood that Insurance Regulatory Commission in 2008 had launched pilot work of rural micro-life insurance, small life insurance pilot area from the nine provinces (autonomous regions and municipalities) to expand to 24 provinces (autonomous regions, municipalities), the pilot from the initial accident insurance extended to health insurance and term life insurance, the Minor number of life insurance coverage to expand from 239 million in the first year to nearly 24 million people in 2011, designed to enable low-income groups can afford to buy and are willing to buy insurance.



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