More than 370 thousand people accepted micro insurance in Shanxi rural areas

According to the report from CIRC(China Insurance Regulation Commission) in Shanxi in January 3th, after their hard working in last 100 days, More than 370 thousand people accepted micro personal insurance in rural areas including 185 villages insured all residents, and the total insurance premium exceeds 6 million. All these figures achieve expectation over 162 percent, and rank first among nine pilot provinces. the CEO of China Life Insurance group Wan Feng sends congratulation mail to reward it.

Micro personal insurance targets to serve the low income farmer based on low insurance premium which is 20% cheaper than others. The aim of it is to relieve the risk and concern of accidental injury and death, having a positive effect to encourage production to get rid of poor living. Since Shanxi became the pilot province in last September, micro personal insurance has won comprehensive support form society and government. The first micro personal insurance compensation case was happened in Shanxi.

In 2009, the goals in Shanxi province are to achieve 1.5 million people insured and total insurance premium exceeds 30 million Yuan.

http://finance.people.com.cn/GB/1040/59941/8617214.html