The Bank of China has issued a regular personal insurance auction rule to promote the development of risk protection products.
Original title: The Bank of China has issued a general personal insurance actuarial to promote the development of risk protection products Development Xinhua News Agency, Beijing February 6 (Reporter Li Yanxia) The Subaibao Regulatory Commission issued a general personal insurance actuarial provision, aim to increase the risk protection Product development, improve the product actuarial supervision system, and further protect the rights of insurance consumers.
According to reports, the "Regular Personal Insurance Actuary" adjusts the lowest cash value parameters of risk protection products such as health insurance, accident insurance, periodic life insurance, lifelong life insurance, which helps to promote further decline in such product; Insurance, mostly the price of the price of insurance products, allows consumers to get practical; improve the minimum cash value standards for long-term savings products such as annuity insurance, help to better protect consumer rights and prevent complaints Dispute risk. The person in charge of the relevant departments of the Microstruance Regulatory Commission said that according to the calculation, the price of risk guarantee products will drop by 3% to 5%, the price of annuity insurance, most 趸 保 保险 will also drop 3% to 5%, annuity insurance, etc. Long-term savings products The minimum cash value will increase by 5% to 10%. The person in charge said, in addition to this, the SPC is actively promoting the revision of major disease insurance definitions and incidence, and research is issued in the incidence of accidental injury insurance pure risk, further promoting the development of risk protection products to meet consumer demand.
In addition, adapt to the development of the current situation, stipulate that the health insurance related actuarial regulations, add relevant requirements for health insurance assessment hypothesis; supplemented the guaranteed renewal product-related actuarial provisions, promote the healthy development of such products; adapt to the current market rapid change, The relevant requirements of new non-equipped premiums have not expired responsibility reserves. The person in charge of the relevant departments of the Microstrumission Regulatory Commission said that the implementation of the regulations helps further improve the supervision policy system, better protect the rights and interests of insurance consumers, meet the growing risk protection needs of consumers, and promote the returnection of the personal insurance industry.
(Editor: Yubihui, Deng Nan).