China Banking and Insurance Regulatory Commission, Circular on Issues Relevant to Revising the Premiums Rates for Long-Term Medical Insurance Products

Main contents: The Circular specifies the scope of long-term medical insurance products with revisable premiums rates, being limited to long-term medical insurance priced using natural premium rates, including medical insurance products with an insurance term of more than one year and those that have a term of less than one year but contain a guaranteed renewal clause (Article 1).