Accident insurance offered for free to disabled people in Beijing

Disabled Group Accident Insurance

Over four hundred thousand to benefit from this new group coverage. The Beijing Disabled Persons Federation has announced that the 410,000 people in the capital city of China who have a disability will be receiving free group accident insurance to help them to improve their quality of life. This program is a part of a greater improvement effort to the social security network in China. By offering accident insurance to the disabled individuals in the city, it is hoped that they will be better able to integrate with the rest…

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International insurance news from China shows new form of risk

China Auto Insurance

Drivers buying cars specifically for speed are increasing costs in the industry. Though international insurance news sources have estimated that the industry is worth about $50 billion for insurers in China, new rules are allowing foreign insurers to take their place in the country, as well, as they discover all new forms of risk that aren’t seen in other nations. Some consumers buy cars for speed and consider them disposable, even if they’re Ferraris. This risk is one of the major challenges faced by insurers from around the world –…

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