local executive officers and China Reinsurance neighborhood executives attend a launch ceremony of the company's poverty-returning prevention assurance software in Xining, capital of Northwest China's Qinghai province, on Thursday. PROVINDED TO CHINA each day China Reinsurance community launched a poverty-returning prevention assurance program in Xining, capital of Qinghai province, today.
it's the first assurance product concentrated on the situation of returning poverty because of disasters and illnesses within the province in Southwest China, noted Yang Fengchun, vice-governor of Qinghai province, at the launch ceremony.
The software performs a essential exemplary function for different Qinghai cities and counties to remedy the problem of poverty-returning, he pointed out. "it'll assist Qinghai step into an all-round smartly-off society via 2020."
Yuan Linjiang, board chairman of China Reinsurance group, noted that the application aims to set up a gradual mechanism for poverty alleviation, proposing a comprehensive guarantee for residents' lives in Xunhua Salar independent county.
in line with the principal executive's call for focused poverty alleviation, the business has leveraged its components to explore an resourceful model to combat poverty, Yuan mentioned.
The assurance answer is the newest fruit from the cooperation between the company and the province, he noted, including each events will additional their partnership and supply guarantee to enrich the culture standard of the Qinghai people.
The county, the place the main inhabiting ethnic neighborhood is the Salar americans, is tucked away in a remote area within the east of Qinghai province. The county has lengthy been bothered with the aid of poverty.
due to first rate assist from the significant executive and sustaining efforts of local individuals, poverty in Xunhua diminished from 6.2 % in 2014 to 0.09 % in 2017. closing yr, the county got rid of poverty totally.
besides the fact that children, poverty-returning has at all times been a tough impediment to conquer.
To deal with the problem from the supply, the brand new software gives coverage protection for a wide range of dangers, corresponding to diseases, failures, campus accidents and household property damage.
The coverage can cowl 70,000 Xunhua americans, basically half of the county's population, and the quantity of the possibility coverage fund handed 10 billion yuan ($1.forty one billion), in accordance with China Reinsurance neighborhood.
All insurance premiums had been paid by way of the enterprise and this year's premiums reached 11.27 million yuan.
in addition, the insurance items can also be personalized and mixed in accordance with distinct native needs, which makes it feasible to follow in different areas.
"we've cooperated with the Xunhua executive to simplify the claim technique and ensure the insured can get hold of compensation as quickly as viable," talked about Chen Yong, CEO of China Continent assurance, a subsidiary of China Reinsurance community.
A spotlight of the program turned into its effective aid to Xunhua's business construction.
Ramen is a standard pillar business in Xunhua Salar self reliant county.
by 2018, Xunhua individuals had run round 7,500 ramen eating places in 170 cities throughout China. The enterprise has created jobs for basically 30,000 Xunhua americans and the ramen industry generated 2 billion yuan in earnings final year.
in the past few years, China Reinsurance group has invested 4 million yuan to construct a big statistics platform for the Xunhua ramen eating places throughout the nation, with 5G technology adopted to know records centralization and far off administration.
The software has endured to increase investment. A combined quantity of 30 million yuan could be used to advertise ramen eating places' enhancements and transformation.
Migrant workers within the ramen business can also benefit from the coverage.
other supplementary measures blanketed training sponsorship, woodland planting and one-to-one information.
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