Understanding Photovoltaic Insurance Products: Annual Costs Explained

Introduction to Photovoltaic Insurance Products: How Much Does It Cost Per Year?

Photovoltaic insurance is specifically designed as a risk management tool for the photovoltaic power generation industry. Its primary purpose is to protect photovoltaic projects from various losses incurred during construction, operation, and maintenance due to natural disasters, accidents, or human factors.

1. Ping An Photovoltaic Group Accident Insurance 2025 Version

The Ping An Photovoltaic Group Accident Insurance 2025 Version is a group accident insurance product tailored for the photovoltaic industry.

• Quarterly Premium:
  • Standard Level 10, 5%:
    • Coverage of 300,000: 228 RMB
    • Coverage of 500,000: 324 RMB
    • Coverage of 800,000: 460 RMB
    • Coverage of 1,000,000: 560 RMB
    • Coverage of 1,200,000: 660 RMB
  • Standard Level 10, 10%:
    • Coverage of 300,000: 231 RMB
    • Coverage of 500,000: 329 RMB
    • Coverage of 800,000: 462 RMB
    • Coverage of 1,000,000: 539 RMB
    • Coverage of 1,200,000: 672 RMB
• Half-Year Premium:
  • Standard Level 10, 5%:
    • Coverage of 300,000: 399 RMB
    • Coverage of 500,000: 567 RMB
    • Coverage of 800,000: 805 RMB
    • Coverage of 1,000,000: 980 RMB
    • Coverage of 1,200,000: 1,155 RMB
  • Standard Level 10, 10%:
    • Coverage of 300,000: 429 RMB
    • Coverage of 500,000: 611 RMB
    • Coverage of 800,000: 858 RMB
    • Coverage of 1,000,000: 1,001 RMB
    • Coverage of 1,200,000: 1,248 RMB
• Annual Premium:
  • Standard Level 10, 5%:
    • Coverage of 300,000: 570 RMB
    • Coverage of 500,000: 810 RMB
    • Coverage of 800,000: 1,150 RMB
    • Coverage of 1,000,000: 1,400 RMB
    • Coverage of 1,200,000: 1,650 RMB
  • Standard Level 10, 10%:
    • Coverage of 300,000: 660 RMB
    • Coverage of 500,000: 940 RMB
    • Coverage of 800,000: 1,320 RMB
    • Coverage of 1,000,000: 1,540 RMB
    • Coverage of 1,200,000: 1,920 RMB

2. Huatai Photovoltaic Industry Group Accident Insurance

Huatai offers various plans for group accident insurance:

• Plan 1: 158 RMB/year
• Plan 2: 310 RMB/year
• Plan 3: 455 RMB/year
• Plan 4: 585 RMB/year
• Plan 5: 730 RMB/year
• Plan 6: 860 RMB/year
• Plan 7: 990 RMB/year
• Plan 8: 1,135 RMB/year
• Plan 9: 1,265 RMB/year
• Plan 10: 1,395 RMB/year

Coverage includes:

• Accidental death and disability protection: If an insured person suffers death or disability due to an accident during work, the insurance company will pay the agreed amount.
• Sudden death protection (optional): Covers sudden death due to latent diseases or disorders, provided it occurs within 24 hours of acute symptoms. Death due to pre-existing conditions is excluded.
• Accidental medical expenses: Reimburses reasonable and necessary medical expenses incurred from accidents, with certain deductibles.
• Accidental hospitalization allowance: Provides daily allowances for hospitalization due to accidents.

3. Pacific Photovoltaic Industry Employer Liability Insurance

The Pacific Employer Liability Insurance for the photovoltaic industry offers:

• Ordinary Version:
  • Coverage of 300,000: 600 RMB/year
  • Coverage of 500,000: 900 RMB/year
  • Coverage of 800,000: 1,300 RMB/year
  • Coverage of 1,000,000: 1,500 RMB/year
  • Coverage of 1,200,000: 1,900 RMB/year
• Premium Version:
  • Coverage of 300,000: 660 RMB/year
  • Coverage of 500,000: 990 RMB/year
  • Coverage of 800,000: 1,430 RMB/year
  • Coverage of 1,000,000: 1,650 RMB/year
  • Coverage of 1,200,000: 2,090 RMB/year

For more detailed information about these products or any other related options, please click on Consult Now or Get a Free Plan. We will arrange for a professional insurance advisor to assist you in selecting the most suitable plan, ensuring you get the right coverage for the best price!