General provisions article 1 this law is enacted for the purpose of regulating insurance activities protecting the legitimate rights and interests of the parties involved strengthening . The insurance law of the peoples republic of china as revised and adopted at the 7th session of the standing committee of the 11th national peoples congress of the peoples republic of china on february 28 2009 is hereby promulgated and shall come into force on october 1 2009 president of the peoples republic of china hu jintao. Article 3 insurance activities conducted within the territory of the peoples republic of china shall be governed by this law article 4 insurance activities shall be conducted in compliance with laws and administrative rules and regulations with respect for public morality and on the principle of voluntary participation. Article 4 employers and individuals in peoples republic ofchinashall pay social insurance premiums in accordance with law and they shall be entitled to check payment records personal rights records and request social insurance agencies provide social insurance consulting and other related services