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Electrical marketing involved in misleading publicity Taikang Life Chongqing Branch was fined

2018-02-28 10:58:29 Author: Source: Qianlong Comments:0  Click:


On the 27th, the China Insurance Regulatory Commission Chongqing Authority issued the Administrative Punishment Supervision Decision [2018] No. 4 Administrative Punishment Decision and punished the illegal activities of Taikang Life Insurance Co., Ltd. (hereinafter referred to as “Taikang Life Insurance”) Chongqing Branch.
The document shows that after investigation, the staff of Taikang Life Chongqing Branch applied for Taikang Xiangyun Quanquan Insurance and Taikang Insurance during the telephone sales insurance process on December 23, 2015, May 31, 2016, and April 11, 2016 respectively. Xiangyun Ruyi C major illness insurance, Taikang Supplementary Xiangyun Ruyi C, exemption from major illness insurance, Taikang Suntail Pension Insurance, and Taikang Xintai Annuity Insurance’s provision of misleading content.
The document points out that the above behavior violates the provisions of Article 45, paragraph 2, of the Regulations for the Administration of Insurance Companies. According to Article 69 of the Provisions, the Chongqing Insurance Regulatory Bureau decided to impose a fine of RMB 5,000 on Taikang Life Insurance Chongqing Branch.
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