Is insurance protected by law?

Is protected by law, insurance companies can only be dissolved in the State Council. The insurance money of the insurance beneficiary shall not be used to pay off debts; There is no dispute about the distribution of property; Not sealed up or confiscated; It is tax-free property; It is a unique property before marriage and does not need notarization.

The Guiding Opinions of the General Office of the State Council on Strengthening the Protection of Financial Consumers' Rights and Interests clearly pointed out that the People's Bank of China and the China Banking Regulatory Commission

Will, the CSRC and the CIRC shall, in accordance with the division of responsibilities, cooperate closely, effectively protect the rights and interests of financial consumers, and fully respect and

Consciously protect financial consumers' property security rights, right to know, right to choose independently, right to fair trade, right to claim compensation according to law, right to education,

Basic rights such as the right to respect and information security.

Article 89 of the Insurance Law: An insurance company needs to be dissolved due to division or merger, or the shareholders' meeting or shareholders' meeting decides to dissolve.

Or the reasons for dissolution stipulated in the Articles of Association arise and are dissolved with the approval of the State Council Insurance Regulatory Authority.