Many countries have official property declaration system . However, the scope of reporting subjects stipulated by in my country is currently a wider range.
For example, Australia stipulates that ministers, ministerial personnel and senior public officials need to report property;
South Korea stipulates that civil servants at government office, civil servants at level 4 or above, civil servants at level 7 or above, and management of state-owned enterprises such as special departments such as judicial and taxation must declare property.
According to the "Regulations", there are 14 contents of leading cadres reporting personal matters.
Among them, there are 8 items involved in "family affairs", mainly including changes in the one person's marriage, the business situation of the spouse and children, etc.;
involves "family property", mainly including the real estate, investment, etc. of the one person, the spouse, and the children living together.
In addition to real estate, another focus of random inspections is the situation of securities, stocks (including equity incentives), futures, funds, investment insurance and other financial products invested or held by the children who live together.
But what is investment insurance?
Take the 2017 edition of the "Report Form for Personal Matters of Leading Cadres" as an example. Insurance accounts for a whole page, which clarifies many details about what investment insurance is.
investment insurance, including personal insurance investment insurance and property insurance investment insurance.
Personal Insurance Investment Insurance: Insurance products purchased from a life insurance company, health insurance company or pension insurance company, and the insurance product name contains the words "two-wide insurance", " annuity insurance ", "investment-linked" and "universal" in the insurance product name.
Property insurance investment insurance: property insurance products that pay investment funds (including insurance savings, investment funds, guarantee funds, investment subscription funds, etc.) to property insurance companies, obtain insurance protection, and obtain principal and its income (losses) as agreed in the contract.
and the following insurances are not required to declare.
Life Insurance: Insurance paid in one lump sum no matter whenever a death or total disability occurs.
Term life insurance : Insurance for one-time compensation if death or total disability occurs within the agreed period.
Income Protection Insurance: Insurance that will be paid annually if you die or have all disabled within the agreed period.
Major Disease Insurance : Insurance for major diseases and compensation occurs within the agreed period.
Medical Insurance: Insurance that occurs in the corresponding medical liability and compensation occurs within the agreed period.
Accidental injury insurance: Insurance paid for accidental disability according to the proportion of physical disability.
Do you understand?