Core Viewpoint - The recent civil judgment by the Chaoyang District People's Court in Beijing has broken the long-standing industry practice that limited insurance beneficiaries to natural persons, allowing for the designation of legal entities as beneficiaries for charitable purposes [1][4]. Group 1: Case Background - The case involves Ms. Wan, a high-ranking executive, who purchased a whole life insurance policy from China People's Life Insurance Co., Ltd. with an annual premium of 350,000 yuan, intending to donate the insurance proceeds to a charity after her death [1][2]. - Ms. Wan's request to change the beneficiary to a designated estate management organization was initially rejected by the insurance company, leading her to file a lawsuit after exhausting other communication channels [2][3]. Group 2: Court Ruling - The court ruled that current laws do not restrict insurance beneficiaries to natural persons, and the insurance contract did not exclude legal entities as beneficiaries [3][4]. - The court criticized the insurance company's arguments regarding operational costs and industry practices, emphasizing that the company should improve its contract terms and service processes instead of limiting the legal rights of policyholders [3]. Group 3: Legal and Industry Implications - This ruling aligns with the suggestions made during the Two Sessions regarding the need for the Insurance Law of the People's Republic of China to better protect consumer rights and expand their autonomy [1][4]. - Legal experts view this case as a significant judicial precedent that bridges the Civil Code and the Insurance Law, confirming the validity of using "will + insurance" for charitable donations, thus encouraging public participation in philanthropy [4].