1. The beneficiaries of insurance contracts should be the legal entities established by the insurer, as prescribed in Section 27 of the Civil Law of China.
2. The beneficiaries of insurance contracts may be any legal entity, such as individuals or organizations, established by the insurer, provided that they have been authorized to act on behalf of the insurer by the insurer's certificate of authorization.
3. In case of disputes arising from the interpretation and enforcement of insurance contracts, the parties to the contract shall first consult with the insurance company's professional advisors to resolve disputes in a fair manner.
4. In case of disputes over the beneficiaries of insurance contracts, the parties may engage in mediation or arbitration procedures, provided that they meet the conditions specified in Section 126 of the Civil Law of China.
5. In case of disputes over the beneficiaries of insurance contracts involving property rights, the court shall apply Chinese law principles, including the principle of proportionality, to determine who is entitled to property rights under the circumstances.
In summary, the beneficiaries of insurance contracts can be either the legal entities established by the insurer or any other legal entity if they have been authorized to act on behalf of the insurer by the insurer's certificate of authorization. If disputes arise from the interpretation and enforcement of insurance contracts, the parties to the contract shall first consult with the insurance company's professional advisors to resolve disputes in a fair manner. If disputes over the beneficiaries of insurance contracts involve property rights, the court shall apply Chinese law principles, including the principle of proportionality, to determine who is entitled to property rights under the circumstances.
总结:In summary, the beneficiaries of insurance contracts can be either the legal entities established by the insurer or any other legal entity if they have been authorized to act on behalf of the insurer by the insurer's certificate of authorization. If disputes arise from the interpretation and enforcement of insurance contracts, the parties to the contract shall first consult with the insurance company's professional advisors to resolve disputes in a fair manner. If disputes over the beneficiaries of insurance contracts involve property rights, the court shall apply Chinese law principles, including the principle of proportionality, to determine who is entitled to property rights under the circumstances.