Does bank text message notification constitute fulfillment of notification obligations?

Legal analysis: No, bank text messages perform different notifications based on different contents. A common example is setting up a text message balance reminder after applying for a bank card. When the balance changes, the bank is obliged to send text messages to fulfill the reminder obligation. . The obligation to inform mainly involves the insurance industry and sellers. Banks should fulfill the obligation to inform when selling products. However, text messages cannot be generally regarded as notification obligations depending on their content.

Legal basis: Article 16 of the "Insurance Law of the People's Republic of China" When entering into an insurance contract, if the insurer makes inquiries about the subject matter of the insurance or the insured's relevant situation, the policy holder shall truthfully inform the insured.

If the policy holder fails to perform the obligation of truthful disclosure specified in the preceding paragraph intentionally or due to gross negligence, which is enough to influence the insurer's decision whether to agree to underwrite the policy or to increase the insurance rate, the insurer has the right to terminate the contract.

The right to terminate the contract stipulated in the preceding paragraph shall be extinguished if it is not exercised for more than thirty days from the date when the insurer becomes aware of the reasons for termination. If it exceeds two years from the date of establishment of the contract, the insurer shall not terminate the contract; if an insured accident occurs, the insurer shall bear the liability for compensation or payment of insurance premiums.

If the policy holder intentionally fails to fulfill the obligation of truthful disclosure, the insurer will not be liable for compensation or payment of insurance premiums for the insured event that occurred before the contract was terminated, and will not refund the insurance premium.

If the policy holder fails to fulfill the obligation of truthful disclosure due to gross negligence, which has a serious impact on the occurrence of the insured event, the insurer shall not be liable for compensation or payment of insurance premiums for the insured event that occurred before the contract was terminated, but The insurance premium should be refunded.

If the insurer is aware of the situation that the policy holder has not truthfully informed at the time of conclusion of the contract, the insurer shall not terminate the contract; if an insured accident occurs, the insurer shall bear the liability for compensation or payment of insurance premiums.

Insured accidents refer to accidents within the scope of insurance liability stipulated in the insurance contract.