Regulations of the PRC on Contracts of Property Insurance
Article 1. The Regulations of the People’s Republic of China on Contracts of Property Insurance are drawn up in accordance with relevant provisions of the Economic Contract Law of the People’s Republic of China.
Article 2. The property insurance referred to in the present Regulations includes various kinds of insurance on either property or interest as the subject matter of insurance, such as property insurance, agricultural insurance, liability insurance, surety bond, credit insurance etc.
The event mentioned in the present Regulations refers to and event coming within the scope of cover under the contract of insurance.