LINE

Text:AAAPrint
Politics

Top court issues new insurance regs

1
2015-11-27 09:41chinadaily.com.cn Editor: Wang Fan

China's top court issued a new judicial interpretation of the country's insurance laws on Thursday, further regulating medical insurance forms and requiring courts to give more protection to insurance consumers.

The new interpretation was made necessary by an increase in disputes in the insurance industry, a reflection of the public's "high attention to health and life," said Liu Zhumei, deputy chief judge of the top court's tribunal specializing in civil disputes.

In 2009, there were 41,752 legal disputes over insurance contracts. That ballooned to 91,555 over just the past 10 months, the top court said.

The top court also encouraged the purchase of life insurance, citing the public's focus on health and personal security, Liu said.

The new regulations update judicial interpretation's published by the Supreme People's Court in 2009 and 2013.

The new rules will be effective Tuesday.

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.