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Reply of China Insurance Regulatory Commission on Such Issues as the Determination of Insurance Value [Effective]
中国保险监督管理委员会关于保险价值确定等问题的复函 [现行有效]
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Reply of China Insurance Regulatory Commission on Such Issues as the Determination of Insurance Value
(No.71 [2007] of China Insurance Regulatory Commission)
The Insurance Regulatory Bureau of Inner Mongolia:
Your Request for Instructions on Such Issues as the Determination of Insurance Value (No.24 [2007] of the Insurance Regulatory Bureau of Inner Mongolia) has been received. Upon research, we hereby reply as follows:
 

中国保险监督管理委员会关于保险价值确定等问题的复函
(保监厅函〔2007〕71号)


内蒙古保监局:
你局《关于保险价值确定等问题的请示》(内保监发〔2007〕24号)收悉。经研究,现函复如下:
1. As for the term “insurance value”, it is not clearly defined in any legislation at present. According to the interpretations on the Insurance Terms formulated by China Insurance Standardization Technical Committee, insurance value refers to the value of insurance object which is agreed to by both parties and specified in the insurance contract or the actual value of insurance subject matter at the time of the occurrence of insurance accident.
......
   一、关于保险价值,目前在立法上没有明确定义。根据全国保险业标准化技术委员会制定的《保险术语》的解释,保险价值是经保险合同当事人约定并记载于保险合同中的保险标的的价值,或保险事故发生时保险标的的实际价值。
......



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