Types of Life Insurance, Non-Life Insurance

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According to current regulations, how many types of life insurance are there currently? How many types of non-life insurance? Please provide consultation.

Pursuant to Clause 3, Article 1 of the amended Insurance Business Law 2010, there are currently 7 types of life insurance and 9 types of non-life insurance. To be specific:

Life insurance includes:

- Whole life insurance;

- Endowment insurance;

- Term insurance;

- Mixed insurance;

- Periodic payment insurance;

- Investment-linked insurance;

- Retirement insurance.

Non-life insurance includes:

- Property insurance and damage insurance;

- Cargo insurance for road, marine, inland waterway, railway, and air transportation;

- Aviation insurance;

- Motor vehicle insurance;

- Fire and explosion insurance;

- Hull insurance and liability insurance of the shipowner;

- Liability insurance;

- Credit and financial risk insurance;

- Business interruption insurance;

- Agricultural insurance.

Sincerely!

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