Is Bao Li Insurance a regular company?

It's a regular company.

Lippo Insurance is a wholly-owned subsidiary of Lippo Mutual Insurance Group in China. Approved by China Banking and Insurance Regulatory Commission, it was established in 2007, taking the lead in becoming one of the top 500 enterprises in the world, with its headquarters in Chongqing, China.

Bao Li Insurance, like other insurance companies, will be subject to the dual supervision of CBRC and the law, and the insurance contract is legally binding, so you can take out insurance with confidence.

If you want to know more about Bao Li insurance, you can read this article: Is Bao Li Insurance Company Reliable? Is its product good?