China Exploration / Chengdu Jason Tour Co. Ltd has purchased the travel agency liability insurance from Shanghai AXA Tianping Property & Casualty Insurance Co. Ltd, with the maximum annual compensation of CNY 5,000,000.00 , the maximum compensation of CNY 3,000,000.00 per accident, and the maximum compensation of CNY 1,500,000.00 per person per accident.
 
    Besides the travel agency liability insurance, China Exploration / Chengdu Jason Tour Co. Ltd also buys the personal travel accident insurance with the maximum rate of CNY 300,000.00 /per person for each tourist.
 
 
                                     Contents of Our Travel agency insurance liability

Note: Here Shanghai AXA Tianping Property & Casualty Insurance Co. Ltd is referred as the insurer, and Chengdu Jason Tour Co. Ltd is referred as the insured.
 
Article 1 Liability for personal injury or death of tourists.

   The insurer shall be liable and responsible for the economic compensation according to the provisions of this contract with the insured in accordance with the laws of China (hereinafter referred to as "law") in the event of personal injury or death of a tourist during the insured’s  tourism activities. The event should be organized or received by the insured travel agency during the insurance period.
 
The circumstances that may cause the insured to be liable for compensation according to law include but are not limited to:
 
(1) Traffic accidents occurred on the tourists during the tourism activities organized and received by the insured and so on;
(2) Food poisoning incidents of tourists occurred in the tourism activities organized or received by the insured;
(3) Due to the insured’s negligence, the insured fails to fulfill the obligation of selecting qualified suppliers, and the tourists suffer personal injury or death The event of;
(4) In the event of an incident endangering the travelers’ safety, the insured failed to take necessary insurance due to negligence, or took no right protection or rescue measures, resulted in a further expansion of the damage;
(5) Due to the insured’s negligence , the insured arranges the travel itinerary or travel items improperly and caused casualties;
(6) Personal injury to tourists occurred at the business site due to the negligence of the insured or its assistant; 
(7) Due to the reasons of the third party, resulted in the personal casualties of the tourist event, and the insured or its performance is auxiliary.
 
Article 2  Liability for property losses of tourists.  

     In tourism activities, the property of the tourist is lost under the centralized care of the insured or the helper.  
Reasonable and necessary expenses on the condition of the travel documents of the tourist got damaged or lost under the centralized care of the insured or the performing assistant.
Property lost in the event of personal casualties of tourists.
 
The economic compensation liability shall be borne by the insured, and the insurer shall be responsible for the compensation in accordance with the provisions of this contract.
 
 
Article 3 Limited Liability Delay Fee  
 
    During the insurance period, in the travel activities organized and received by the insured, in the event of article 1 or Article 3 of this insurance clause, the delay or termination of the tourist trip , therefore the reasonable and necessary expense on transportation, accommodation shall be insured in accordance with Chinese laws.
 
The insurer shall be liable for the above mentioned expenses borne by the insurer in accordance with the provisions herein:
 
(1) Transportation expenses between and from the airport, station, wharf and accommodation;
(2) Service fees caused by the change or refund of air tickets and ship tickets;
(3) the actual expenses of air tickets, ship tickets and other expenses lost due to the failure to change or refund.
 
Where the insured shall be liable for compensation to the tourists in accordance with Chinese laws, the insurer shall be responsible for compensation according to the actual expenses incurred, but within the the limit quota of liability in contract with the insured.  
 
Article 4 Liability for mental damage

     After the occurrence of an insured accident, the insured shall be decided by the people's court or arbitration institution.
The insurer shall be liable for the mental damage awarded by the arbitration institution in accordance with this contract.
 
Article 5 Exemption of Liability

The insurer shall not be liable for the losses, expenses and liabilities caused by the following reasons:
(1) War, countries’ hostile acts, military operations, armed conflicts, riots, and terrorist activities shall not be attributed to the insured and its performance assistant;
(2) Administrative acts or judicial acts;
(3) Nuclear radiation, nuclear explosion, nuclear pollution and other radioactive pollution;
(4) The intentional act, illegal act or illegal act of the insured.
 
Article 6 The insurer shall not be liable for the following losses, expenses and liabilities:
 
(1) All indirect losses, unless otherwise agreed upon;
(2) Fines and punitive damages;
(3) The insured who dies of sudden death or sudden acute illness during travel activities organized or received by the insured but except the condition of failing to fulfill the security obligations according to law;
(4) The tourist suffers personal injury or death due to his own disease during the travel activities organized or received by the insured, but except the condition of where the insured fails to fulfill the obligation of security protection according to law;
(5) Personal injury or property loss occurred because of other reasons such as the tourist's intentional act or criminal act or the tourist leaves from the group without authorization.;
(6)Personal casualties or property losses caused by tourists due to public transport operators;
(7) Loss and damage of documents, account books, technical data and other property as gold, silver, jewelry, cultural relics, software, data, cash, credit cards, bills that is not easy to identify the value; , documents and prices 
 
 Article 7 Insurance liability Limitation as agreed herein.

     The limit of liability is the maximum limit of the insurer's liability for compensation. The limit of liability under this Contract includes:
 
(1) The liability limit for each accident is CNY 3,000,000.00.
(2) The limit of liability for each accident, including:  

     a. Liability limit of personal injury for each person in each accident: CNY 1,500,000.00
     b. Liability limit for each delay fee: CNY 10,000.00
     c. The limit of liability for mental damage per person:CNY 20,000.00
     d. Liability limit for property loss per person in each accident: CNY 10,000.00