Copyright 2024 - Ningbo Life / Ningbo Expat

First exclusive insurance for garbage classification

launched in Ningbo

While garbage classification “tools” (for automatic weighing, AI recognition, and real-time cash return) have frequently appeared in residential areas in Ningbo, they have also brought many risks and hazards. Once the equipment malfunction, they may lead to environmental pollution and other issues.

Reportedly, three residential communities, including the Champs Elysees Community, the Central Garden Community, and Veken Upper Courtyard Community, have each received an exclusive insurance policy for garbage classification. If the intelligent garbage disposal station in the community malfunctions, a maximum compensation of 600,000 yuan will be delivered. This is the first exclusive insurance for garbage classification in China.

“This insurance includes three parts: property insurance, public liability insurance, and environmental pollution liability insurance”, said Shui Yinjie, Senior Manager of the Business Group Department of Ningbo Branch of PICC. In general, the insurance mainly covers the safety of machinery and equipment, safety issues for residents when disposing of garbage, and losses caused by environmental pollution.

In order to nip the risks in the bud, the garbage disposal stations in these three communities have completed intelligent transformation. The renovated intelligent garbage disposal stations are now equipped with such equipment as a deodorizer, a mosquito control lamp, an LCD display screen, and an exhaust system. The disposal station even adopts the non-contact aerial imaging technology and is equipped with a garbage weighing system, as well as an AI intelligent garbage classification and recognition system.

“This insurance integrates technology and insurance to manage garbage classification, to increase the coverage and utilization rate of intelligent garbage disposal stations, thereby improving the environment, increasing garbage recycling rate, and promoting green and sustainable development.” said Zhang Wenshu, leader of the Source Reduction Assessment Group of the Haishu District Garbage Classification Office.

As is known, for the following period, the insurance will be promoted vigorously to the entire city of Ningbo. All sectors of society concerned will work together to jointly promote the quality and efficiency of green environmental protection work in Ningbo

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