Insurance and Wealth Inheritance
The Insurance and Wealth Succession Professional Committee is a new specialized committee established by Tongfang Law Firm, focusing on property and personal insurance disputes as well as the safe and efficient succession of family wealth.
In the area of wealth succession, two members of the team have obtained the qualification of Estate Manager from the China Association for Aging Industry.
Team leader, Attorney Wang Zhanping, currently serves as a member of the Financial Law Committee of the All China Lawyers Association; Deputy Director of the Financial, Insurance, and Securities Law Committee of the Liaoning Provincial Lawyers Association; and an arbitrator at the Shenyang Arbitration Commission. He holds the qualification of “Financial and Insurance Specialist Lawyer” from Liaoning Province.
Our team has provided legal services to numerous headquarters, including the China Export & Credit Insurance Corporation, Rongsheng Property & Casualty Insurance Co., Ltd., and AIA Life Insurance Company. We have also served over twenty Liaoning-based branches of companies such as China Life Insurance, PICC Property & Casualty Insurance, Ping An Property & Casualty Insurance, Taiping Life Insurance, Taiping Pension, Taiping Property & Casualty Insurance, Pacific Property & Casualty Insurance, Xinhua Life Insurance, Everbright Yongming Life Insurance, Dajia Property & Casualty Insurance, and Yingda Life Insurance. Additionally, we have provided legal assistance to numerous policyholders, insured parties, and beneficiaries in securing their insurance rights and benefits.
This committee is composed of an all-star lineup of seven senior and managing partners from Tongfang Law Firm, all of whom are highly skilled professionals.
Business Type / Service Content / Scope
Representation in life insurance and property insurance litigation cases
Provide insurance to the insurance company.
In terms of legal training services
Wealth inheritance
Representative performance
Acted as agent for a life insurance company in handling a fundraising fraud case involving over 50 million yuan, thereby preventing the insurance company from being named as the defendant.
Represented a property insurance company in avoiding a claim for over one million yuan in insurance recovery from another property company.
A case in which the insured person, who was represented by an agent to obtain critical illness insurance, successfully won a lawsuit seeking 400,000 yuan in insurance benefits, premium waiver, and invalidation of the insurance contract termination.
A lawsuit in which an agent representing a life insurance company successfully won a case involving the denial of a 2 million yuan claim.
An estate administration case involving over 8 million yuan in various financial assets held by the acting heir.
Represented an insured party in a lawsuit against a property insurance company and won a judgment awarding over 40 million yuan in compensation for a fire claim.
With the aim of wealth succession and avoiding property risks, a policyholder designed a life insurance product with premiums totaling 5 million yuan.
The standardized legal service product “Life Insurance Allocation and Dispute Resolution,” developed by the team, was the only legal service product in the insurance sector to participate in the first Shenyang Lawyers’ Legal Service Product Innovation Competition 2023. It was also selected for inclusion in the Shenyang Lawyers Association’s “Product Manual Compilation” (out of 151 entries, 50 were chosen).
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