On April 1 2005, the electronic signature law was formally implemented. With the development of internet insurance e-commerce, electronic insurance policies began to appear, but with the development of internet insurance e-commerce, electronic insurance policies began to appear. There is no paper voucher, just a number. Compared with the traditional paper policy, the electronic policy can be queried on the insurance company website or the insurance e-commerce website through the policy number, which saves the cost of paper printing and delivery.
In March 2006, the State Council promulgated the Regulations on Compulsory Liability Insurance for Motor Vehicles, which stipulated that compulsory liability insurance for traffic accidents should be implemented for motor vehicles in China. And take this insurance as a necessary condition for the annual inspection of motor vehicles.