CBRC: strengthen sales management and insurance tips of loan guarantee insurance

category:Finance
 CBRC: strengthen sales management and insurance tips of loan guarantee insurance


Against this background, the CIRC clearly put forward three requirements in the notice:

One is to standardize the sale of loan guarantee insurance.

All property insurance companies should attach great importance to the importance and necessity of strengthening the sales management of loan guarantee insurance. Especially for the insurance business with the insured as an individual, the risk prevention and control port should be moved forward. Combined with the online and offline risk characteristics, the standardized sales behavior procedures should be formulated, the sales behavior traceability management should be implemented, and the sales training and process supervision of the company and its business partners should be done well Supervision and other work to ensure that the insured fully enjoy the right to know and the right to choose.

Second, strengthen insurance tips and publicity.

When carrying out loan guarantee insurance business, all property insurance companies should conscientiously do a good job in the Insurance Tips for personal purchase of loan guarantee insurance, prompt the insurance risks in the insurance link, standardize the publicity of the function of loan guarantee insurance, objectively introduce the loan guarantee insurance business, explain the characteristics of insurance types, and explain the matters needing attention through the official website, training manual, publicity pictures and other forms.

According to industry insiders, Insurance Tips for personal loan guarantee insurance usually include the following contents: correct understanding of the relationship between guarantee insurance and loan; comprehensive understanding of insurance products, careful signing of insurance contracts, strict performance of contract obligations; protection of personal information security, vigilance against illegal agency behavior, legal settlement of insurance disputes, etc. The third is to effectively prevent and resolve risks and hidden dangers. All property insurance companies should strengthen the risk monitoring and judgment in the sales process of loan guarantee insurance, establish and improve the response mechanism, improve the emergency plan, properly handle the new risks and new problems in the sales management, and timely report to the local banking and Insurance Regulatory Bureau. All banking and insurance regulatory bureaus shall timely guide property insurance companies within their jurisdiction to do a good job in sales management and insurance tips of loan guarantee insurance, prevent and resolve potential risks, and promote the high-quality development of loan guarantee insurance. Source: Chen Hequn, editor in charge of China Securities Journal_ NB12679

According to industry insiders, Insurance Tips for personal loan guarantee insurance usually include the following contents: correct understanding of the relationship between guarantee insurance and loan; comprehensive understanding of insurance products, careful signing of insurance contracts, strict performance of contract obligations; protection of personal information security, vigilance against illegal agency behavior, legal settlement of insurance disputes, etc.

The third is to effectively prevent and resolve risks and hidden dangers.

All property insurance companies should strengthen the risk monitoring and judgment in the sales process of loan guarantee insurance, establish and improve the response mechanism, improve the emergency plan, properly handle the new risks and new problems in the sales management, and timely report to the local banking and Insurance Regulatory Bureau.

All banking and insurance regulatory bureaus shall timely guide property insurance companies within their jurisdiction to do a good job in sales management and insurance tips of loan guarantee insurance, prevent and resolve potential risks, and promote the high-quality development of loan guarantee insurance.