When signing an insurance contract or settling an insurance claim, what are the consequences if the insurance salesperson signs on our behalf? Generally speaking, the main consequence of such a thing is that the contract is not established because it is not signed by me. Yes, the contract is not established, so it will have certain legal risks, so what are the specific consequences? Next, I will bring you detailed knowledge about the consequences of signing on behalf of an insurance salesperson, hoping to help everyone.

1. What are the consequences of an insurance salesperson signing on behalf of the insured? 1. For the salesperson, whether he signs for the client himself or defaults to the policyholder signing for the insured, he will bear the most direct legal responsibility. Once a contract dispute occurs, the salesperson will bear full responsibility and lose his or her qualifications to practice. 2. For insurance companies, due to the non-standard operation of the salesperson, the contract will be invalid and the business structure of the insurance company will be damaged, and there will be certain operating risks. 3. For the policy holder, the insurance company generally regards the policy signed by the agent as an invalid policy and refuses to indemnify or cancel the policy. At this time, the interests of the policy holder will be seriously damaged.

2. Reinsurance of insurance companies In order to spread risks, insurance companies reinsurance some large underwriting units to another insurance company. The company that accepts this policy is a reinsurance company, which generally appears more in property insurance. China's "Insurance Law" stipulates that insurance companies engage in insurance business activities within the scope of approved insurance business, and upon approval by the financial supervision and management department, insurance companies can operate ceded insurance. Reinsurance business of ceded insurance. The liability of an insurance company for each dangerous unit, that is, for the maximum range of losses that may be caused by each insured accident, shall not exceed 10% of the total of actual capital and provident funds. The excess shall be reinsured in accordance with the law. Except for life insurance business, insurance companies shall provide reinsurance for 20% of each insurance business they underwrite. If an insurance company needs to handle reinsurance ceding business, it should give priority to insurance companies within China.

3. Financial Capacity of Insurance Companies When purchasing insurance, the financial stability and health of the insurance company may be the main issue that should be considered. Insurance premiums are often paid to provide for losses many years into the future. Because of this, the viability of insurance companies is very important. Many insurance companies are now in bankruptcy (such as the Japanese insurance industry after the Asian financial crisis, the US insurance industry after the 11th Incident, etc.), leaving their customers without protection (or relying on the government insurance protection fund to obtain very little insurance when an accident occurs) gold). Many independent rating agencies abroad provide financial information of insurance companies and rate insurance companies (such as Munich Re). However, in China, there are still very few such companies, and they often rely on announcements from the China Insurance Regulatory Commission to obtain information.