The China insurance regulatory Co30i18ion on life insurance rates terms means public consultation

⊙ Reporter Lu Xiaoping 0 edits yesterday by Mr. Yu Yong, China insurance regulatory Commission has posted on its website the personal insurance company insurance clauses and insurance rates management approach (draft for soliciting opinions), to the public for comments. Show clues of much of market interest rates marketization. Exposure draft, the insurance company should be in accordance with the insurance clauses and insurance rates of this measure will be submitted to the China insurance regulatory Commission for approval or for the record. Obviously, record-keeping system has made it clear in the column, the rate market worth looking forward to. Recommended reading insurance weekly: variable amount annuity pilot started Beijing Shanghai five city first wins insurance enterprises violations promotions penalty 500,000 insurance ring "Wang yawei" emerge surface exaggerated income does not to risk silver insurance disputes constantly should first to family "pillar" Shang foot insurance regardless of from lost insurance is zehui Shi Qiming jointly immortal see disk build boutique lecture insurance regulatory Commission clear, relationship social public interests of insurance insurance species; law implemented forced insurance of insurance species; China insurance regulatory Commission provisions of new development life insurance insurance species,, related of terms and premium rate should in using Qian submissions China insurance regulatory Commission approval. Other insurance provisions mentioned above, should record the China insurance regulatory Commission. Insurance companies shall, in accordance with the relevant provisions of the Insurance Act and the China insurance regulatory Commission, fair and reasonable to develop insurance clauses and insurance rates, shall not prejudice the legitimate interests of policyholders, insured persons and beneficiaries. Insurance companies on the development of insurance clauses and insurance rates assume corresponding responsibilities. At the same time, insurance companies should be brought into full play core competitive advantages, rational allocation of corporate resources, market demand, macroeconomic policy, the company strategy targets development insurance coverage. Under the rules, insurance corporation responsible for the insurance clauses and insurance rates of China insurance regulatory Commission for approval or for the record. China insurance regulatory Commission should accept the insurance clauses and insurance rates from the date of application for approval make a decision to approve or not approve in the 20th. Unable to make decisions in the 20th, approved by the head of the China insurance regulatory Commission, the approval period can be extended on 10th. China insurance regulatory Commission should be informed of the reasons for the extended period insurance companies. China insurance regulatory Commission stressed, branches of insurance company branches at the provincial level and below, shall not decide to stop using the insurance clauses and insurance rates.