Core question
How should insurance be prioritised?
Answer first
Start with the full cost, key benefit and boundary before deciding.
Cover low-frequency, high-loss risks before investment-linked products.
Primary cost
Premiums
Primary benefit
Risk transfer
Risk level
Medium
Evidence note
A
Supported by laws, standards, official statistics or authoritative guidance.
Sources, jurisdiction and timeliness
- 中华人民共和国保险法（国家法律法规数据库） 中国官方 · 全国人大常委会 · 中国 · 2015-04-24 · 2026-09-29
- Jurisdiction
- 中国
- Effective date
- Not registered
- Last reviewed
- 2026-09-29
Registered limitations
- The Insurance Law supports the contract, disclosure, coverage and claims framework; insurance sequencing and coverage-gap estimates still depend on household cash flow, risk tolerance and product terms.
- This card does not assess a specific insurance product or provide a sales recommendation.
Next action
Do these first, then decide.
Check the registered statutes, jurisdiction and limitations below, then follow the action checklist.
- Check the registered statutes, jurisdiction and limitations below, then follow the action checklist.
- Source jurisdiction: China
- The Insurance Law supports the contract, disclosure, coverage and claims framework; insurance sequencing and coverage-gap estimates still depend on household cash flow, risk tolerance and product terms.
This decision card provides general decision information and is not legal, medical, financial, tax or other professional advice.