How to Affix the Compulsory Insurance Label?
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Automobile compulsory insurance labels are generally affixed to the upper right corner of the vehicle's front windshield and should be placed upright. Below is relevant information about automobile compulsory insurance: 1. Definition of Compulsory Insurance: Vehicle compulsory insurance, also known as the Compulsory Traffic Accident Liability Insurance for Motor Vehicles (abbreviated as "CTPLI"), implemented from July 1, 2006, is China's first compulsory insurance system mandated by national law. CTPLI is a mandatory liability insurance where the insurance company compensates for personal injuries, deaths, or property losses of victims (excluding occupants of the insured vehicle and the insured) caused by road traffic accidents involving the insured vehicle, within the liability limits. 2. Compensation Items of CTPLI: If the insured causes a traffic accident while using the insured vehicle, resulting in personal injuries, deaths, or property losses to victims, for which the insured is legally liable for damages, the insurance company is responsible for compensation within the specified limits for each accident as per the agreement.