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What does welfare mean?
Employee welfare business refers to employee welfare business. Employee welfare business is a short-term group insurance provided by organs, enterprises or other units with legal personality for employees.

1. Insured: Enterprises or individual industrial and commercial households with insurable interests apply for this insurance with China Life Insurance Co., Ltd.

2. Insured: employees of enterprises or individual industrial and commercial households, at least 3 persons, with the occupational category limited to 1-4 and the age range of 18-65.