How to Buy insurance when a foreigners in China

Recently，A foreigner friend ask what kind of insurance to buy  is better. My Friend's husband Jason is from the United States, lived in China for nearly 10 years. They have been married 3 years, have the mortgage, and intend to have children after 2 years, with no intention to return to American. Jason taught English at a university, another is still a part-time as an English teacher at the training institutions, is the family breadwinner. No social security and other security products.

Jason is still young, as the family breadwinner, the first consideration should be given the personal accident insurance cover to deal with emergencies, to maintain a normal life. Also according to family disease history to consider buys the protection of the insurance coverage of major diseases.

"Foreigners in China Provisions (1996)" the relevant provisions of the regulations: those who get in The People's Republic of China permits the employment of legal foreign workers, can be in accordance with the relevant provisions of the PRC to join the social insurance system.

Foreigners, including Hong Kong, Macao and Taiwan and Europe and the United States and other developed countries are passport holders. Domestic insurance companies do not accept the insurance cover on short-term foreign visitors

For foreigners who need to join the social insurance system in China, the situation of foreign nationals to purchase of social insurance to provide the following materials: a legal identity (eg valid passport, proof of employment so) original file and complex copy; 2 "foreigner License "original and copies. But for non-permanent resident foreign nationals, in the lifting of labor relations in China, preparing to leave China, the social insurance contract is terminated, the accumulated amount of individual account pension and medical insurance, the actual individual account balance returned to the policy holder.

Foreigners in China purchase commercial insurance, without nationality restriction, related procedures and processes with no difference between Chinese citizens. Taking into account the convenience of service should normally be to the insurance agencies and insurance companies abroad. For global security, to find global business broker can do now in the domestic foreign insurance company licensed the product is still not perfect.

According to Jason's case, he can apply for long-term insurance. However, He should be care about insured medical expenses and allowances class insurance, most insurance companies do not take insurance outside the mainland. In addition, because of long-term residents in China, you can also purchase investment-saving type of insurance, such as life insurance, life insurance and profit-sharing model.

Recommend: accident + health + hospital critical illness insurance, you can select the "personal accident insurance" and added "accident insurance"; under the insurance rules, if you need insurance, "added hospital medical insurance" need to establish the main risk protection, such as life or health insurance.