The Supreme People's Court's Interpretation on Several Issues Concerning the Application of the Insurance Law of People's Republic of China (PRC) (II) Article 3 If the applicant or the agent of the insured fails to sign or seal the insurance contract in person, but the insurer or the agent of the insurer signs or seals it on his behalf, it will have no effect on the applicant. However, if the applicant has paid the insurance premium, it shall be deemed as his approval of the act of signing or sealing on his behalf.
If the insurer or the insurer's agent fills in the insurance documents on his behalf, and it is confirmed by the applicant's signature or seal, the contents filled in on his behalf shall be regarded as the true intention of the applicant. However, unless there is evidence that the insurer or the insurer's agent has the relevant provisions of Articles 116 and 131 of the Insurance Law.
Article 16 of the Insurance Law stipulates that the insurance company has the right to terminate the contract if the insured fails to fulfill the obligation of telling the truth intentionally or due to gross negligence, which is enough to affect the insurance company's decision on whether to agree to underwrite or increase the insurance premium rate.
If the right to terminate the contract stipulated in the preceding paragraph is not exercised for more than 30 days from the date when the insurer knows the reason for termination, it shall be extinguished. If more than two years have passed since the establishment of the contract, the insurer shall not terminate the contract; In the event of an insured accident, the insurer shall be liable for compensation or payment of insurance benefits.