Principles for concluding insurance contracts:

1. Consensus and fairness

The first paragraph of Article 11 of China's Insurance Law stipulates: "The conclusion of an insurance contract shall follow the principle of fairness and determine the rights and obligations of all parties through consensus." The legal status of the parties to an insurance contract is equal. When concluding an insurance contract, an agreement shall be reached through full consultation in the spirit of fairness and mutual benefit.

2. Voluntary principle

The content of the principle of freedom of contract is very rich, including the freedom to conclude a contract, the freedom to choose the counterpart, the freedom to decide the content of the contract, the freedom to change and terminate the contract and the freedom to choose the contract mode. Voluntary conclusion of a contract is an important content of the principle of freedom of contract. Unless insurance is required by laws and administrative regulations, an insurance contract is concluded voluntarily. Therefore, whether the parties conclude an insurance contract, which insurance company to choose and what kind of contract to conclude depend entirely on the wishes of the parties. No one may cheat, coerce or force others to conclude an insurance contract. If you violate the principle of voluntary conclusion and take administrative measures to force others to conclude an insurance contract, the insurance contract concluded is invalid and not legally binding on the parties.

3. The principle of legality

No unit or individual may, in violation of national laws and administrative regulations, use insurance contracts for illegal and criminal activities. Otherwise, the insurance contract concluded is invalid. The principle of legality includes that the subject of the contract is qualified, the content is legal and the form of the contract meets the legal requirements.

In addition, we must follow the principles of insurable interest and good faith.