Insurance Law of the People's Republic of China
(Adopted at the 14th Session of the Standing Committee of the Eighth National People's Congress on June 30, 1995, and promulgated by Order No. 51 of the President of the People's Republic of China on June 30, 1995)

Chapter II - Insurance Contract

Section 1 - General Provisions

57

Article 21

58

At the time of being aware of the occurrence of an insurance accident the applicant, the insured or the beneficiary, shall timely notify the insurer. An insured means a person whose property or body is guaranteed by the insurance contract, and who enjoys the right of claim over the insurance benefit. An applicant may be an insured. A beneficiary means a person who enjoys the right of claim over the insurance benefit as designated by insured or the applicant in life insurance contract. An applicant or an insured may be a beneficiary.

Insurance Law of the People's Republic of China (Adopted at the 14th Session of the Standing Committee of the Eighth National People's Congress on June 30, 1995, and promulgated by Order No. 51 of the President of the People's Republic of China on June 30, 1995)

Chapter I - General Provisions

Chapter II - Insurance Contract

Section 1 - General Provisions

Section 2 - Property Insurance Contract

Section 3 - Life Insurance Contract

Chapter III - Insurance Company

Chapter IV - Operational Rules Governing Insurance

Chapter V - Supervision and Control over Insurance Business

Chapter VI - Insurance Agent and Insurance Broker

Chapter VII - Legal Responsibility

Insurance Law of the People's Republic of China
(Adopted at the 14th Session of the Standing Committee of the Eighth National People's Congress on June 30, 1995, and promulgated by Order No. 51 of the President of the People's Republic of China on June 30, 1995)