Is it legal for supply and marketing cooperatives to co-ordinate vehicle insurance?

Legal analysis: Traffic pooling insurance is not illegal, but only requires enterprises and institutions directly under the Communications Department to pay traffic safety pooling fees according to the number of vehicles they own, not for other car owners.

Legal basis: According to Article 26 of the Insurance Law of People's Republic of China (PRC), the limitation of action for the insured or beneficiary of insurance other than personal insurance to claim compensation or pay insurance money from the insurer is two years, counting from the day when he knew or should have known the occurrence of the insured accident. The limitation of action for the insured or beneficiary of life insurance to request the insurer to pay the insurance money is five years, counting from the day when he knows or should know the occurrence of the insurance accident.