Starting November 1st, 2025, companies looking to do business in China will be required to pay the full cost of their local insurance policy premiums up front before they can be considered officially covered.

As of November 1, 2025, insurers must receive the premium payment before coverage can be issued or become effective under most non-life insurance policies. This “Cash Before Cover” (CBC) requirement changes how multinational programs should be structured and administered. For companies operating in China or including Chinese subsidiaries within global insurance programs, the rule has practical implications for timelines, payment coordination, and coverage continuity. Here