China Insurance Regulatory Commission, Circular on Matters Relevant to the Reform of the Policy on Premium Rates for Standard Personal insurance
中国保险监督管理委员会关于普通型人身保险费率政策改革有关事项的通知
October 24, 2013 | BY
CLP Temp &clp articlesMaximum predetermined interest rate for standard personal insurance raised from 2.5% to 3.5%.
Share:
Issued: August 1 2013
Effective: August 5 2013
Applicability: The term “standard personal insurance” means personal insurance the premiums for which and the policy benefits of which have been determined at the time of the issuance of the policy (Article 1).
Main contents: The Circular revises the policy on premium rates for personal insurance:
(1) The predetermined interest rate for standard personal insurance