If a driver operates a motor vehicle without compulsory traffic insurance as required by law, the traffic management department will act according to Article 95 of the Road Traffic Safety Law. Motor vehicles driven on the road without license plates, inspection qualification marks, or insurance marks, or without carrying the vehicle registration certificate or driver's license, will be detained by the traffic management authorities. The authorities will notify the concerned party to provide the corresponding documents, marks, or complete the necessary procedures, and may impose penalties in accordance with Article 90 of this law. If the concerned party provides the corresponding documents, marks, or completes the necessary procedures, the vehicle should be promptly returned. Intentionally obscuring, damaging, or improperly installing license plates will also be penalized under Article 90 of this law. Compulsory traffic insurance is mandatory for normal road use. Compulsory Traffic Insurance for Vehicles: The full name of compulsory traffic insurance is "Compulsory Liability Insurance for Motor Vehicle Traffic Accidents." It is a mandatory liability insurance where the insurance company compensates victims (excluding vehicle occupants and the insured) for personal injuries, deaths, and property losses caused by road traffic accidents within the liability limits. The premium is based on a nationally unified standard. However, the price of compulsory traffic insurance varies for different vehicle types, mainly influenced by the number of seats. Compared to the over 20 exemption clauses in commercial third-party liability insurance, compulsory traffic insurance covers a much broader range, including losses caused intentionally by the victim, the insured's own property losses, related arbitration and litigation costs, and some indirect losses from accidents. Moreover, regardless of whether the insured vehicle is at fault in an accident, compulsory traffic insurance will compensate within the liability limits without any deductible. Introduction to Electronic Insurance Policies An electronic insurance policy is a digital policy issued by an insurance company using digital signature software and corporate digital certificates that comply with the PKI system, bearing the insurer's electronic signature. An insurance policy, or simply a policy, is the formal written proof of an insurance contract between the insurer and the insured. The policy must fully record the rights, obligations, and responsibilities of both parties to the insurance contract. The content recorded in the policy serves as the basis for both parties to fulfill the contract. The insurance policy is proof of the establishment of the insurance contract. Advantages of Electronic Insurance Policies: Saves paper resources, eliminating the need to print insurance proof marks; Saves time and is convenient, unrestricted by time or location, with information readily available online anytime, quick and easy; Can apply for reissuance or resending, no need to worry about losing it; if a paper version is needed offline, it can be printed or mailed; Easy management, as electronic unification makes it convenient for insurance companies and traffic police departments to manage the insurance information of each vehicle.
