Innovatively combining insurance with traditional charity,

assisting 300,000 orphans and needy children in less than 2 years

On January 13, 2011, the Charity of the Year was released on the Annual Conference of Philanthropy China 2010, an event launched by China Charity & Donation Information Center under the supervision of China Ministry of Civil Affairs. China Children Insurance Foundation (CCIF), an affiliate of the China Children & Teenager Fund (CCTF), was awarded Charity Innovation of the Year 2010 to acknowledge its novel creation of a mechanism that leverage insurance for philanthropic purposes, assisting more than 300,000 orphans and underprivileged children with charity critical illness insurance in a swift and efficient manner in less than 2 years.

As an annual celebration for Chinese charity sectors, the Annual Conference of Philanthropy China 2010 reviews charity developments on nationwide basis, awarding Charity of the Year for China in 2010 from more than 2,000 charity foundations and thousands of philanthropic projects based on assessment of dimensions including social impact, media attention, role model effect, popular participation, innovation and how they touch hearts of the public. Projects contributing significantly to the Chinese charity community or setting up exemplary role models are specifically commended during the event.

CCIF is applauded during the Conference for its innovation, being recognized for its efforts to enable what protects proactively before a tragedy rather than assisting passively afterwards by taking advantage of charity insurance; turning random assistance to structured long term and sustainable protection which, in addition to accepting big ticket gifts, allows for more generic public participation by welcoming petty donations. Such mechanism makes it possible to cover maximum needy people for maximum donation impact by maximizing participation of all sectors of the society.

As indicated by Dr. Heidi Hu, Managing Director of CCIF, CCIF锟斤拷s innovation should be attributed to its professional execution, which makes insurance 锟紺 charity integration possible. The reason why CCIF launched Protecting Our Orphans is because orphans as the most underprivileged and puny group should be the priority of assistance. However, as kids in regular families can hardly do away from catastrophic diseases, CCIF also initiated the Heart One plus One initiative that encourages broader participation, advocates insurance and allows protections for more families by allowing donors to buy for their own children a charity policy at an absolutely low price when they assist orphans with their money. Donors will be able to contribute their care while obtaining assurance for their own beloved kids.

In addition to carrying out charity through insurance, CCIF innovations also include how it raises money, how to involve donor participation, how to partner with institutions, how to operate philanthropy by professional managers and how to build and operate back offices.

As explained by Dr. Heidi Hu, the platform offered by CCIF is not only a professionally operated one, but an open one. CCTF is keen to work with any charities, non-profit organization and business entities to assist more orphans, underprivileged children and other children with charity critical illness insurance, making insurance protection accessible to all children when afflicted with dreadful diseases.

It is disclosed that among the other charity awarded are Yushu Earthquake Rescue, Drought Relief in Southwestern Provinces, Mudslide Rescue in Zhouqu, Charity Publicity initiated by Bill Gates and Warren Buffet锟斤拷s China Tour, and launch of 2010 Report on Information Transparency among Chinese Charities, etc. 

Innovatively combining insurance with traditional charity, assisting 300,000 orphans and needy children with charity critical illness insurance

 Over 300,000 Children Receive Free Medical Insurance

More than 300,000 Chinese children, including 120,000 orphans, have received free medical insurance for treatment of 12 critical illnesses, as a joint program between the government and a charity organization expands.