China News Service, July 21. According to the website of the China Banking and Insurance Regulatory Commission, Guangdong Easy Insurance Insurance Brokerage Co., Ltd. does not charge or deduct premiums for the first month because it promotes "0 yuan for the first month" and "0.1 yuan for the first month" when selling insurance products. After 0.1 yuan, the annual premiums payable will be amortized to the next 11 months, which is inconsistent with the terms and rates of related products filed with the China Banking and Insurance Regulatory Commission, and consumers do not receive premium discounts.

Easy Bao was fined 1 million yuan, and the relevant responsible persons were also punished.

　　The administrative penalty decision shows that after investigation, Easy Insurance Brokers have the following illegal acts:

　　The first is the illegal act of not using the approved or filed insurance clauses and premium rates when selling insurance products of Anxin Property & Casualty Insurance Co., Ltd. (hereinafter referred to as Anxin Property & Casualty).

From January 2019 to June 2019, Easy Insurance Insurance Brokers sold the "Anxiang Life Exclusive Edition" products underwritten by Anxin Property Insurance through the WeChat public account, and the sales page listed "0 yuan for the first month", "easy to raise thanksgiving feedback, The contents of “Annual Jumbo Offer”, “Limited-time special offer, ** yuan reduction in the first month”, etc., are actually not charged for the first month, and the annual premium payable will be spread to the next 11 months. The terms and rates are inconsistent, and consumers do not receive premium discounts.

　　The second is the illegal act of not using the approved or filed insurance clauses and premium rates when selling the insurance products of Zhonghui Property & Casualty Insurance Co., Ltd. (hereinafter referred to as Zhonghui Property & Casualty Insurance).

From April 2019 to the inspection entry day, Easy Insurance Insurance Brokers sold the “Youth Insurance 6 Million Medical Insurance” product underwritten by Zhonghui Property & Casualty Insurance through the WeChat public account. 3 yuan", "Easy to raise thanksgiving feedback, member's day subsidy" and other content, in fact, after deducting the first month's 0.1 yuan or 3 yuan from the annual premium payable, the remaining premiums are spread equally to the next 11 months, and Zhonghui Property & Casualty Insurance The terms and rates filed with the China Banking and Insurance Regulatory Commission are inconsistent, and consumers do not receive premium discounts.

　　Yu Liang, the general manager of Easy Insurance Brokerage from December 8, 2016 to February 12, 2019, was responsible for the management of the above behavior during this period.

　　Xu Shuo, the general manager of Easy Insurance Brokerage from May 13, 2019 to the inspection entry date, has management responsibility for the above behavior during this period.

　　Yu Haipeng, from January 1, 2019 to the inspection entry day, was the head of the sales management department and technical department of Easy Insurance Insurance Brokerage, and was directly responsible for the above behavior during this period.

　　The CBIRC has decided to impose the following penalties:

　　The above-mentioned acts of Easy Insurance Brokers not using the approved or filed insurance clauses and premium rates in the sale of Anxin P&C insurance products violated the provisions of Article 170 of the "Insurance Law". Article 70: A fine of 500,000 yuan will be imposed on the Easy Insurance broker.

　　The above-mentioned acts of Easy Insurance Brokers not using the approved or filed insurance clauses and premium rates in the sale of Zhonghui Property & Casualty insurance products violates the provisions of Article 170 of the "Insurance Law". Article 170: A fine of RMB 500,000 shall be imposed on the broker of Easy Insurance.

　　According to Article 171 of the "Insurance Law", for the above-mentioned failure to use the approved or filed insurance clauses and insurance rates, Liang will be warned and fined 100,000 yuan, and Xu Shuo will be warned and fined 100,000 yuan. Yu Haipeng was warned and fined 100,000 yuan.

　　The party concerned shall, within 15 days from the date of receipt of this penalty decision, take the payment code to the agency bank designated by the Ministry of Finance to make payment.

Overdue, a daily fine of 3% of the fine amount will be imposed.

　　If the party is not satisfied with this administrative penalty decision, he may apply to the China Banking and Insurance Regulatory Commission for administrative reconsideration within 60 days from the date of receipt of this penalty decision, or he may file an application with the relevant party within six months from the date of receipt of this penalty decision. the competent people's court to file a lawsuit.

The implementation of this decision will not be suspended during the period of reconsideration and litigation.

(Zhongxin Finance)