Economics, Econometrics and Finance
8 years ago

China cracks down on insurance agents with new liability system

Journal of Hebei University of Economics and Trade
On the Obligation of Insurance Agent
Na Jiang

Paper Summary

The article discusses the importance of improving the obligations and liabilities of insurance agents in China to prevent disputes and legal issues. Insurance agents must fulfill obligations in their contracts, act in good faith, and follow certain rules. If they fail to meet these obligations, they can face civil, executive, or criminal consequences.

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