Huatai Insurance

Enterprise Property Insurance

Enterprise property insurance is designed to protect properties of various types of enterprises, government organizations, groups and institutions. It plays a significant role in sharing the accidental risks of enterprises' properties and stabilizing the normal operation of enterprises.

Cargo Transportation Insurance

Cargo transportation insurance covers marine, inland marine, aviation and domestic waterway and inland cargo transportation insurance and parcel post insurance, as well as riders against war, strike, water damage, and on-deck risks. It primarily underwrites the damages caused to cargo in the process of transportation due to agreed upon perils. It also shares average and rescue expenses, as well as other special charges.

Automobile Insurance

Automobile insurance mainly covers vehicle body damage and third party liability, as well as a variety of additional insured risks including first party liability and automobile theft. In the reform of the automobile insurance market, Huatai has set new terms and rates for automobile insurance, and paid close attention to the operation of risks and the promise to honor contracts, providing single risk coverage or package insurance depending on customers' needs. To offer clients quality and prompt service, it has introduced door-to-door service via telephone appointment, and the one-station service around the clock all the year round. It has raised the slogan that reads "for quick claim settlement, turn to Huatai" and opened the "motor vehicle claim settlement green corridor."

Contractors' Erection All risks Insurance

Contractors' Erection all risks insurance underwrites the financial losses and other agreed upon costs resulting from natural disasters and accidents in the process of construction and erection. It covers the third party liability for deaths, casualty or property losses as well.

Household Property Insurance

Household property insurance protects household properties of urban and rural residents, and includes normal household property insurance and household property deposit insurance. Huatai is the first in China to introduce the "household property insurance card," "Insurance on bank loans for housing" and other new types of insurance products.

Liability Insurance

Liability insurance targets civil damage compensation to the insured. Enterprises, groups, families or individuals can obtain coverage for third party liability arising from negligence or fault. Huatai offers various types of products such as public liability insurance, employer's liability, product liability insurance and export product liability insurance.

Onshore/Offshore Technology Insurance

Onshore/Offshore Techology Insurance underwrites losses from and expenses on insured properties, and third party liability, arising from natural disasters and accidents, during onshore and/or offshore oilfield exploration, development, construction and production. Products include oil and gas development project construction coverage, petroleum and natural gas drilling equipment all risk insurance, and platform all-risk insurance.

Aviation and Space Insurance

Aviation insurance targets airplanes, and includes hull, airplane maintenance, repair, staff liability insurance and airport liability. Space insurance mainly underwrites research and development, and the launching and orbiting process of high-tech astronautic objects such as satellites and rockets. A major member of the China Space Aviation Insurance Pool, Huatai has underwritten 16 satellites in 12 launches, demonstrating its financial strength and ability to underwrite high-risk projects.

Personal Accident & Health Insurance

The new Insurance Law was formulated and came into force in 2003. Our company has capitalized on the opportunity and cooperated closely with our foreign shareholders in developing new products of personal accident insurance with all kinds of gimmicks. A few new products have been introduced into the market.

Investment Type Insurance

The Huatai Ju'an household comprehensive insurance product performs the dual functions of both investment and insurance protection, filling a gap in China. After being introduced to the market in February 2004, the new Product of Huatai Ju'an drew close attention of all social sectors and was well accepted. On this basis, Huatai will continue to introduce multi-function investment-type products that will link to personal accident insurance, in order to meet the needs of different groups of people.