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Extend the loan term and give preferential interest rates China Pacific Insurance (Group) Co.Ltd(601601) launched a number of measures to help restore work and production

In the face of covid-19 epidemic, China Pacific Insurance (Group) Co.Ltd(601601) 601 launched a number of service measures for anti epidemic and resumption of work to help small and medium-sized enterprises resume work and production.

It is understood that in terms of preferential loan interest rate, China Pacific Insurance (Group) Co.Ltd(601601) life insurance will implement preferential interest rate for policy loans of some types of insurance from April 17 to June 16, 2022, and the preferential interest rate can be up to 5.3%

in terms of extending the loan term, China Pacific Insurance (Group) Co.Ltd(601601) life insurance can apply for extending the loan term for 3 months for the loan business that has not been repaid and the repayment date is from March 1 to May 31, 2022. During the extended period, the interest shall be calculated at the normal interest rate without penalty interest

In addition, in order to ensure that customers do not lack insurance protection during the epidemic period, China Pacific Insurance (Group) Co.Ltd(601601) life insurance also provides customers with policies of interest free reinstatement and extension of payment grace period, so that customer protection can be continued among them, if the policy that takes effect after November 1, 2019 is temporarily invalid, the interest free preference will be given if the policy is reinstated before the end of 2022. At the same time, in areas with serious epidemics where the counter business is suspended for more than 7 working days, if the customer cannot pay the fee within the original grace period, the grace period can be extended by 30 days for the insurance policy whose fee payable date is 60 days before and after the counter business is suspended

It is understood that as early as the beginning of this round of epidemic, China Pacific Insurance (Group) Co.Ltd(601601) life insurance has launched six service commitments for covid-19 epidemic claim settlement. It includes opening 724 hours claims service hotline, opening up easy access service green channel, providing special person claims assistant services, providing insurance free claim settlement service, providing personalized claims service, making 5 cancellation commitments for customers who purchase New Coronavirus’s pneumonia, and cancelling hospital grade restrictions, canceling waiting period restrictions, cancelling specific infectious diseases, and other exemptions. Cancel the restrictions on the scope of medical insurance, and cancel the deductible amount, deductible days and deductible proportion of medical insurance.

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