China United Insurance Service, Inc. (Form: S-1, Received: 05/13/2011 15:37:26)

BYLAWS

CHINA UNITED INSURANCE SERVICE, INC.

BYLAWS

CHINA UNITED INSURANCE SERVICE, INC.

ARTICLE I — MEETINGS OF STOCKHOLDERS

1.1 Place of Meetings . Meetings of stockholders of China United Insurance Service, Inc. (the “ Company ”) shall be held at any place, within or outside the State of Delaware, designated by the Company’s board of directors (the “ Board ”). The Board may, in its sole discretion, determine that a meeting of stockholders shall not be held at any place, but may instead be held solely by means of remote communication as authorized by Section 211(a)(2) of the Delaware General Corporation Law (the “ DGCL ”). In the absence of any such designation or determination, stockholders’ meetings shall be held at the Company’s principal executive office.

1.2 Annual Meeting . An annual meeting of stockholders shall be held for the election of directors at such date and time as may be designated by resolution of the Board of Directors from time to time. Any other proper business may be transacted at the annual meeting. The Company shall not be required to hold an annual meeting of stockholders provided that (i) the stockholders are permitted to act by written consent under the Company’s certificate of incorporation and these bylaws, (ii) the stockholders take action by written consent to elect directors and (iii) the stockholders unanimously consent to such action or, if such consent is less than unanimous, all of the directorships to which directors could be elected at an annual meeting held at the effective time of such action are vacant and are filled by such action.

1.3 Special Meeting . A special meeting of the stockholders may be called at any time by the Board, chairperson of the Board, chief executive officer or president (in the absence of a chief executive officer) or by one or more stockholders holding shares in the aggregate entitled to cast not less than 10% of the votes at that meeting.

If any person(s) other than the Board calls a special meeting, the request shall:

(i) be in writing;

(ii) specify the time of such meeting and the general nature of the business proposed to be transacted; and

(iii) be delivered personally or sent by registered mail or by facsimile transmission to the chairperson of the Board, the chief executive officer, the president (in the absence of a chief executive officer) or the secretary of the Company.

The officer(s) receiving the request shall cause notice to be promptly given to the stockholders entitled to vote at such meeting, in accordance with the provisions of Sections 1.4 and 1.5 of these bylaws, that a meeting will be held at the time requested by the person or persons calling the meeting. No business may be transacted at such special meeting other than the business specified in such notice to stockholders. Nothing contained in this paragraph of this Section 1.3 shall be construed as limiting, fixing, or affecting the time when a meeting of stockholders called by action of the Board may be held.

1.4 Notice of Stockholders’ Meetings . All notices of meetings of stockholders shall be sent or otherwise given in accordance with either Section 1.5 or Section 7.1 of these bylaws not less than 10 or more than 60 days before the date of the meeting to each stockholder entitled to vote at such meeting. The notice shall specify the place, if any, date and hour of the meeting, the means of remote communication, if any, by which stockholders and proxy holders may be deemed to be present in person and vote at such meeting, and, in the case of a special meeting, the purpose or purposes for which the meeting is called.

1.5 Manner of Giving Notice; Affidavit of Notic e . Notice of any meeting of stockholders shall be given:

(i) if mailed, when deposited in the United States mail, postage prepaid, directed to the stockholder at his or her address as it appears on the Company’s records; or

(ii) if electronically transmitted as provided in Section 7.1 of these bylaws.

An affidavit of the secretary or an assistant secretary of the Company or of the transfer agent or any other agent of the Company that the notice has been given by mail or by a form of electronic transmission, as applicable, shall, in the absence of fraud, be prima facie evidence of the facts stated therein.

1.6 Quorum . Except as otherwise provided by law, the certificate of incorporation or these bylaws, at each meeting of stockholders the presence in person or by proxy of the holders of shares of stock having a majority of the votes which could be cast by the holders of all outstanding shares of stock entitled to vote at the meeting shall be necessary and sufficient to constitute a quorum. If, however, such quorum is not present or represented at any meeting of the stockholders, then either (i) the chairperson of the meeting, or (ii) the stockholders entitled to vote at the meeting, present in person or represented by proxy, shall have power to adjourn the meeting from time to time, without notice other than announcement at the meeting, until a quorum is present or represented.

1.7 Adjourned Meeting; Notice . Any meeting of stockholders, annual or special, may adjourn from time to time to reconvene at the same or some other place, and notice need not be given of the adjourned meeting if the time, place if any thereof, and the means of remote communications if any by which stockholders and proxy holders may be deemed to be present in person and vote at such adjourned meeting are announced at the meeting at which the adjournment is taken. At the continuation of the adjourned meeting, the Company may transact any business which might have been transacted at the original meeting. If the adjournment is for more than 30 days, or if after the adjournment a new record date is fixed for the adjourned meeting, a notice of the adjourned meeting shall be given to each stockholder of record entitled to vote at the meeting.

1.8 Conduct of Business . Meetings of stockholders shall be presided over by the Chairman of the Board, if any, or in his or her absence by the Vice Chairman of the Board, if any, or in his or her absence by the President, or in his or her absence by a Vice President, or in the absence of the foregoing persons by a chairperson designated by the Board of Directors, or in the absence of such designation by a chairperson chosen at the meeting. The Secretary shall act as secretary of the meeting, but in his or her absence the chairperson of the meeting may appoint any person to act as secretary of the meeting. The chairperson of any meeting of stockholders shall determine the order of business and the procedure at the meeting, including such regulation of the manner of voting and the conduct of business.

1.9 Voting . The stockholders entitled to vote at any meeting of stockholders shall be determined in accordance with the provisions of Section 1.11 of these bylaws, subject to Section 217 (relating to voting rights of fiduciaries, pledgors and joint owners of stock) and Section 218 (relating to voting trusts and other voting agreements) of the DGCL.

Except as may be otherwise provided in the certificate of incorporation or these bylaws, each stockholder shall be entitled to one vote for each share of capital stock held by such stockholder. Voting at meetings of stockholders need not be by written ballot and need not be conducted by inspectors of election unless so determined by the holders of shares of stock having a majority of the votes which could be cast by the holders of all outstanding shares of stock entitled to vote thereon which are present in person or by proxy at such meeting. At all meetings of stockholders for the election of directors a plurality of the votes cast shall be sufficient to elect. All other elections and questions shall, unless otherwise provided by law, the certificate of incorporation or these bylaws, be decided by the vote of the holders of shares of stock having a majority of the votes which could be cast by the holders of all shares of stock entitled to vote thereon which are present in person or represented by proxy at the meeting.

1.10 Stockholder Action by Written Consent Without a Meeting . Unless otherwise provided in the certificate of incorporation, any action required by the DGCL to be taken at any annual or special meeting of stockholders of a corporation, or any action which may be taken at any annual or special meeting of such stockholders, may be taken without a meeting, without prior notice, and without a vote, if a consent or consents in writing, setting forth the action so taken, shall be signed by the holders of outstanding stock having not less than the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all shares entitled to vote thereon were present and voted.

Prompt notice of the taking of the corporate action without a meeting by less than unanimous written consent shall be given to those stockholders who have not consented in writing and who, if the action had been taken at a meeting, would have been entitled to notice of the meeting if the record date for such meeting had been the date that written consents signed by a sufficient number of holders to take the action were delivered to the Company as provided in Section 228 of the DGCL. In the event that the action which is consented to is such as would have required the filing of a certificate under any provision of the DGCL, if such action had been voted on by stockholders at a meeting thereof, the certificate filed under such provision shall state, in lieu of any statement required by such provision concerning any vote of stockholders, that written consent has been given in accordance with Section 228 of the DGCL.

1.11 Record Date for Stockholder Notice; Voting; Giving Consents . In order that the Company may determine the stockholders entitled to notice of or to vote at any meeting of stockholders or any adjournment thereof, or entitled to express consent to corporate action in writing without a meeting, or entitled to receive payment of any dividend or other distribution or allotment of any rights, or entitled to exercise any rights in respect of any change, conversion or exchange of stock or for the purpose of any other lawful action, the Board of Directors may fix a record date, which record date shall not precede the date upon which the resolution fixing the record date is adopted by the Board of Directors and which record date:

(i) in the case of determination of stockholders entitled to notice of or to vote at any meeting of stockholders or adjournment thereof, shall, unless otherwise required by law, not be more than sixty nor less than ten days before the date of such meeting;

(ii) in the case of determination of stockholders entitled to express consent to corporate action in writing without a meeting, shall not be more than ten days after the date upon which the resolution fixing the record date is adopted by the Board of Directors; and

(iii) in the case of determination of stockholders for any other action, shall not be more than sixty days prior to such other action.

If no record date is fixed by the Board of Directors:

(i) the record date for determining stockholders entitled to notice of or to vote at a meeting of stockholders shall be at the close of business on the day next preceding the day on which notice is given, or, if notice is waived, at the close of business on the day next preceding the day on which the meeting is held;

(ii) the record date for determining stockholders entitled to express consent to corporate action in writing without a meeting when no prior action of the Board of Directors is required by law, shall be the first date on which a signed written consent setting forth the action taken or proposed to be taken is delivered to the Company in accordance with applicable law, or, if prior action by the Board of Directors is required by law, shall be at the close of business on the day on which the Board of Directors adopts the resolution taking such prior action; and

(iii) the record date for determining stockholders for any other purpose shall be at the close of business on the day on which the Board of Directors adopts the resolution relating thereto.

A determination of stockholders of record entitled to notice of or to vote at a meeting of stockholders shall apply to any adjournment of the meeting; provided, however, that the Board of Directors may fix a new record date for the adjourned meeting..

1.12 Proxies . Each stockholder entitled to vote at a meeting of stockholders or to express consent or dissent to corporate action in writing without a meeting may authorize another person or persons to act for such stockholder by proxy authorized by an instrument in writing or by a transmission permitted by law filed in accordance with the procedure established for the meeting, but no such proxy shall be voted or acted upon after three years from its date, unless the proxy provides for a longer period. The revocability of a proxy that states on its face that it is irrevocable shall be governed by the provisions of Section 212 of the DGCL.

1.13 List of Stockholders Entitled to Vote . The officer who has charge of the stock ledger of the Company shall prepare and make, at least 10 days before every meeting of stockholders, a complete list of the stockholders entitled to vote at the meeting, arranged in alphabetical order, and showing the address of each stockholder and the number of shares registered in the name of each stockholder. The Company shall not be required to include electronic mail addresses or other electronic contact information on such list. Such list shall be open to the examination of any stockholder, for any purpose germane to the meeting for a period of at least 10 days prior to the meeting: (i) on a reasonably accessible electronic network, provided that the information required to gain access to such list is provided with the notice of the meeting, or (ii) during ordinary business hours, at the Company’s principal executive office. In the event that the Company determines to make the list available on an electronic network, the Company may take reasonable steps to ensure that such information is available only to stockholders of the Company. If the meeting is to be held at a place, then the list shall be produced and kept at the time and place of the meeting during the whole time thereof, and may be inspected by any stockholder who is present. If the meeting is to be held solely by means of remote communication, then the list shall also be open to the examination of any stockholder during the whole time of the meeting on a reasonably accessible electronic network, and the information required to access such list shall be provided with the notice of the meeting. Such list shall presumptively determine the identity of the stockholders entitled to vote at the meeting and the number of shares held by each of them.

ARTICLE II — DIRECTORS

2.1 Powers . Subject to the provisions of the DGCL and any limitations in the certificate of incorporation or these bylaws relating to action required to be approved by the stockholders or by the outstanding shares, the business and affairs of the Company shall be managed and all corporate powers shall be exercised by or under the direction of the Board.

2.2 Number of Directors . The number of directors shall be determined from time to time by resolution of the Board, provided the Board shall consist of at least one member. No reduction of the authorized number of directors shall have the effect of removing any director before that director’s term of office expires.

2.3 Election, Qualification and Term of Office of Directo rs . Except as provided in Section 2.4 of these bylaws, directors shall be elected at each annual meeting of stockholders to hold office until the next annual meeting. Directors need not be stockholders unless so required by the certificate of incorporation or these bylaws. The certificate of incorporation or these bylaws may prescribe other qualifications for directors. Each director, including a director elected to fill a vacancy, shall hold office until such director’s successor is elected and qualified or until such director’s earlier death, resignation or removal.

2.4 Resignation and Vacancies . Any director may resign at any time upon notice given in writing or by electronic transmission to the Company. When one or more directors so resigns and the resignation is effective at a future date, a majority of the directors then in office, including those who have so resigned, shall have power to fill such vacancy or vacancies, the vote thereon to take effect when such resignation or resignations shall become effective, and each director so chosen shall hold office as provided in this Section in the filling of other vacancies.

Unless otherwise provided in the certificate of incorporation or these bylaws:

(i) Vacancies and newly created directorships resulting from any increase in the authorized number of directors elected by all of the stockholders having the right to vote as a single class may be filled by a majority of the directors then in office, although less than a quorum, or by a sole remaining director.

(ii) Whenever the holders of any class or classes of stock or series thereof are entitled to elect one or more directors by the provisions of the certificate of incorporation, vacancies and newly created directorships of such class or classes or series may be filled by a majority of the directors elected by such class or classes or series thereof then in office, or by a sole remaining director so elected.

If at any time, by reason of death or resignation or other cause, the Company should have no directors in office, then any officer or any stockholder or an executor, administrator, trustee or guardian of a stockholder, or other fiduciary entrusted with like responsibility for the person or estate of a stockholder, may call a special meeting of stockholders in accordance with the provisions of the certificate of incorporation or these bylaws, or may apply to the Court of Chancery for a decree summarily ordering an election as provided in Section 211 of the DGCL.

If, at the time of filling any vacancy or any newly created directorship, the directors then in office constitute less than a majority of the whole Board (as constituted immediately prior to any such increase), then the Court of Chancery may, upon application of any stockholder or stockholders holding at least 10% of the total number of the shares at the time outstanding having the right to vote for such directors, summarily order an election to be held to fill any such vacancies or newly created directorships, or to replace the directors chosen by the directors then in office as aforesaid, which election shall be governed by the provisions of Section 211 of the DGCL as far as applicable.

2.5 Place of Meetings; Meetings by Telephone . The Board may hold meetings, both regular and special, either within or outside the State of Delaware.

Unless otherwise restricted by the certificate of incorporation or these bylaws, members of the Board, or any committee designated by the Board, may participate in a meeting of the Board, or any committee, by means of conference telephone or other communications equipment by means of which all persons participating in the meeting can hear each other, and such participation in a meeting shall constitute presence in person at the meeting.

2.6 Regular Meetings . Regular meetings of the Board may be held without notice at such time and at such place as shall from time to time be determined by the Board.

2.7 Special Meetings; Notice .

Special meetings of the Board for any purpose or purposes may be called at any time by the chairperson of the Board, the chief executive officer, the president, the secretary or any two directors.

Notice of the time and place of special meetings shall be:

(i) delivered personally by hand, by courier or by telephone;

(ii) sent by United States first-class mail, postage prepaid;

(iii) sent by facsimile; or

(iv) sent by electronic mail,

directed to each director at that director’s address, telephone number, facsimile number or electronic mail address, as the case may be, as shown on the Company’s records.

If the notice is (i) delivered personally by hand, by courier or by telephone, (ii) sent by facsimile or (iii) sent by electronic mail, it shall be delivered or sent at least 24 hours before the time of the holding of the meeting. If the notice is sent by United States mail, it shall be deposited in the United States mail at least four days before the time of the holding of the meeting. Any oral notice may be communicated to the director. The notice need not specify the place of the meeting (if the meeting is to be held at the Company’s principal executive office) nor the purpose of the meeting.

2.8 Qu orum . At all meetings of the Board, a majority of the total number of directors shall constitute a quorum for the transaction of business. The vote of a majority of the directors present at any meeting at which a quorum is present shall be the act of the Board, except as may be otherwise specifically provided by statute, the certificate of incorporation or these bylaws. If a quorum is not present at any meeting of the Board, then the directors present thereat may adjourn the meeting from time to time, without notice other than announcement at the meeting, until a quorum is present.

A meeting at which a quorum is initially present may continue to transact business notwithstanding the withdrawal of directors, if any action taken is approved by at least a majority of the required quorum for that meeting.

2.9 Board Action by Written Consent Without a Meeting . Unless otherwise restricted by the certificate of incorporation or these bylaws, any action required or permitted to be taken at any meeting of the Board, or of any committee thereof, may be taken without a meeting if all members of the Board or committee, as the case may be, consent thereto in writing or by electronic transmission and the writing or writings or electronic transmission or transmissions are filed with the minutes of proceedings of the Board or committee. Such filing shall be in paper form if the minutes are maintained in paper form and shall be in electronic form if the minutes are maintained in electronic form.

2.10 Fees and Compensation of Directors . Unless otherwise restricted by the certificate of incorporation or these bylaws, the Board shall have the authority to fix the compensation of directors.

2.11 Approval of Loans to Officers . The Company may lend money to, or guarantee any obligation of, or otherwise assist any officer or other employee of the Company or of its subsidiary, including any officer or employee who is a director of the Company or its subsidiary, whenever, in the judgment of the Board, such loan, guaranty or assistance may reasonably be expected to benefit the Company. The loan, guaranty or other assistance may be with or without interest and may be unsecured, or secured in such manner as the Board shall approve, including, without limitation, a pledge of shares of stock of the Company.

2.12 Removal of Director s . Unless otherwise restricted by statute, the certificate of incorporation or these bylaws, any director or the entire Board may be removed, with or without cause, by the holders of a majority of the shares then entitled to vote at an election of directors.

No reduction of the authorized number of directors shall have the effect of removing any director prior to the expiration of such director’s term of office.

ARTICLE III — COMMITTEES

3.1 Committees of Directors . The Board may designate one or more committees, each committee to consist of one or more of the directors of the Company. The Board may designate one or more directors as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee. In the absence or disqualification of a member of a committee, the member or members thereof present at any meeting and not disqualified from voting, whether or not such member or members constitute a quorum, may unanimously appoint another member of the Board to act at the meeting in the place of any such absent or disqualified member. Any such committee, to the extent provided in the resolution of the Board or in these bylaws, shall have and may exercise all the powers and authority of the Board in the management of the business and affairs of the Company, and may authorize the seal of the Company to be affixed to all papers that may require it; but no such committee shall have the power or authority to (i) approve or adopt, or recommend to the stockholders, any action or matter expressly required by the DGCL to be submitted to stockholders for approval, or (ii) adopt, amend or repeal any bylaw of the Company,

3.2 Committee Minutes . Each committee shall keep regular minutes of its meetings and report the same to the Board when required.

3.3 Meetings and Action of Committees . Meetings and actions of committees shall be governed by, and held and taken in accordance with, the provisions of:

(i) Section 2.5 (place of meetings and meetings by telephone);

(ii) Section 2.6 (regular meetings);

(iii) Section 2.7 (special meetings and notice);

(iv) Section 2.8 (quorum);

(v) Section 6.10 (waiver of notice); and

(vi) Section 2.9 (action without a meeting)

with such changes in the context of those bylaws as are necessary to substitute the committee and its members for the Board and its members. However :

(i) the time of regular meetings of committees may be determined either by resolution of the Board or by resolution of the committee;

(ii) special meetings of committees may also be called by resolution of the Board; and

(iii) notice of special meetings of committees shall also be given to all alternate members, who shall have the right to attend all meetings of the committee. The Board may adopt rules for the government of any committee not inconsistent with the provisions of these bylaws.

ARTICLE IV — OFFICERS

4.1 Officers . The officers of the Company shall be a president and a secretary. The Company may also have, at the discretion of the Board, a chairperson of the Board, a vice chairperson of the Board, a chief executive officer, a chief financial officer or treasurer, one or more vice presidents, one or more assistant vice presidents, one or more assistant treasurers, one or more assistant secretaries, and any such other officers as may be appointed in accordance with the provisions of these bylaws. Any number of offices may be held by the same person.

4.2 Appointment of Officers . The Board shall appoint the officers of the Company, except such officers as may be appointed in accordance with the provisions of Sections 4.3 and 4.5 of these bylaws, subject to the rights, if any, of an officer under any contract of employment.

4.3 Subordinate Officers . The Board may appoint, or empower the chief executive officer or, in the absence of a chief executive officer, the president, to appoint, such other officers and agents as the business of the Company may require. Each of such officers and agents shall hold office for such period, have such authority, and perform such duties as are provided in these bylaws or as the Board may from time to time determine.

4.4 Removal and Resignation of Offi cers . Subject to the rights, if any, of an officer under any contract of employment, any officer may be removed, either with or without cause, by an affirmative vote of the majority of the Board at any regular or special meeting of the Board or, except in the case of an officer chosen by the Board, by any officer upon whom such power of removal may be conferred by the Board.

Any officer may resign at any time by giving written notice to the Company. Any resignation shall take effect at the date of the receipt of that notice or at any later time specified in that notice. Unless otherwise specified in the notice of resignation, the acceptance of the resignation shall not be necessary to make it effective. Any resignation is without prejudice to the rights, if any, of the Company under any contract to which the officer is a party.

4.5 Vacancies in Off ices . Any vacancy occurring in any office of the Company shall be filled by the Board or as provided in Section 4.2 .

4.6 Representation of Shares of Other Corporation s . The chairperson of the Board, the president, any vice president, the treasurer, the secretary or assistant secretary of the Company, or any other person authorized by the Board or the president or a vice president, is authorized to vote, represent, and exercise on behalf of the Company all rights incident to any and all shares of any other corporation or corporations standing in the name of the Company. The authority granted herein may be exercised either by such person directly or by any other person authorized to do so by proxy or power of attorney duly executed by such person having the authority.

4.7 Authority and Duties of Offic ers . All officers of the Company shall respectively have such authority and perform such duties in the management of the business of the Company as may be designated from time to time by the Board or the stockholders and, to the extent not so provided, as generally pertain to their respective offices, subject to the control of the Board.

ARTICLE V — RECORDS AND REPORTS

5.1 Maintenance and Inspection of Record s . The Company shall, either at its principal executive office or at such place or places as designated by the Board, keep a record of its stockholders listing their names and addresses and the number and class of shares held by each stockholder, a copy of these bylaws as amended to date, accounting books, and other records.

Any stockholder of record, in person or by attorney or other agent, shall, upon written demand under oath stating the purpose thereof, have the right during the usual hours for business to inspect for any proper purpose the Company’s stock ledger, a list of its stockholders, and its other books and records and to make copies or extracts therefrom. A proper purpose shall mean a purpose reasonably related to such person’s interest as a stockholder. In every instance where an attorney or other agent is the person who seeks the right to inspection, the demand under oath shall be accompanied by a power of attorney or such other writing that authorizes the attorney or other agent so to act on behalf of the stockholder. The demand under oath shall be directed to the Company at its registered office in Delaware or at its principal executive office.

5.2 Inspection by Directors . Any director shall have the right to examine the Company’s stock ledger, a list of its stockholders, and its other books and records for a purpose reasonably related to his or her position as a director. The Court of Chancery is hereby vested with the exclusive jurisdiction to determine whether a director is entitled to the inspection sought. The Court may summarily order the Company to permit the director to inspect any and all books and records, the stock ledger, and the stock list and to make copies or extracts therefrom. The Court may, in its discretion, prescribe any limitations or conditions with reference to the inspection, or award such other and further relief as the Court may deem just and proper.

5.3 Annual Report . The Company shall cause an annual report to be sent to the stockholders of the Company to the extent required by applicable law. If and so long as there are fewer than 100 holders of record of the Company’s shares, the requirement of sending of an annual report to the stockholders of the Company is expressly waived (to the extent permitted under applicable law).

ARTICLE VI — GENERAL MATTERS

6.1 Stock Certificates; Partly Paid S hares . The shares of the Company shall be represented by certificates, provided that the Board may provide by resolution or resolutions that some or all of any or all classes or series of its stock shall be uncertificated shares. Any such resolution shall not apply to shares represented by a certificate until such certificate is surrendered to the Company. Notwithstanding the adoption of such a resolution by the Board, every holder of stock represented by certificates and upon request every holder of uncertificated shares shall be entitled to have a certificate signed by, or in the name of the Company by the chairperson or vice-chairperson of the Board, or the president or vice-president, and by the treasurer or an assistant treasurer, or the secretary or an assistant secretary of the Company representing the number of shares registered in certificate form. Any or all of the signatures on the certificate may be a facsimile. In case any officer, transfer agent or registrar who has signed or whose facsimile signature has been placed upon a certificate has ceased to be such officer, transfer agent or registrar before such certificate is issued, it may be issued by the Company with the same effect as if he were such officer, transfer agent or registrar at the date of issue.

The Company may issue the whole or any part of its shares as partly paid and subject to call for the remainder of the consideration to be paid therefor. Upon the face or back of each stock certificate issued to represent any such partly paid shares, upon the books and records of the Company in the case of uncertificated partly paid shares, the total amount of the consideration to be paid therefor and the amount paid thereon shall be stated. Upon the declaration of any dividend on fully paid shares, the Company shall declare a dividend upon partly paid shares of the same class, but only upon the basis of the percentage of the consideration actually paid thereon.

6.2 Special Designation on Certificates . If the Company is authorized to issue more than one class of stock or more than one series of any class, then the powers, the designations, the preferences, and the relative, participating, optional or other special rights of each class of stock or series thereof and the qualifications, limitations or restrictions of such preferences and/or rights shall be set forth in full or summarized on the face or back of the certificate that the Company shall issue to represent such class or series of stock; provided, however , that, except as otherwise provided in Section 202 of the DGCL, in lieu of the foregoing requirements there may be set forth on the face or back of the certificate that the Company shall issue to represent such class or series of stock a statement that the Company will furnish without charge to each stockholder who so requests the powers, the designations, the preferences, and the relative, participating, optional or other special rights of each class of stock or series thereof and the qualifications, limitations or restrictions of such preferences and/or rights.

6.3 Lost Certificates . Except as provided in this Section 6.3 , no new certificates for shares shall be issued to replace a previously issued certificate unless the latter is surrendered to the Company and cancelled at the same time. The Company may issue a new certificate of stock or uncertificated shares in the place of any certificate theretofore issued by it, alleged to have been lost, stolen or destroyed, and the Company may require the owner of the lost, stolen or destroyed certificate, or such owner’s legal representative, to give the Company a bond sufficient to indemnify it against any claim that may be made against it on account of the alleged loss, theft or destruction of any such certificate or the issuance of such new certificate or uncertificated shares.

6.4 Construction; Definition s . Unless the context requires otherwise, the general provisions, rules of construction, and definitions in the DGCL shall govern the construction of these bylaws. Without limiting the generality of this provision, the singular number includes the plural, the plural number includes the singular, and the term “person” includes both a corporation and a natural person.

6.5 Dividends . The Board, subject to any restrictions contained in either (i) the DGCL, or (ii) the certificate of incorporation, may declare and pay dividends upon the shares of its capital stock. Dividends may be paid in cash, in property, or in shares of the Company’s capital stock.

The Board may set apart out of any of the funds of the Company available for dividends a reserve or reserves for any proper purpose and may abolish any such reserve. Such purposes shall include but not be limited to equalizing dividends, repairing or maintaining any property of the Company, and meeting contingencies.

6.6 Fiscal Year . The fiscal year of the Company shall be fixed by resolution of the Board and may be changed by the Board.

6.7 Seal . The Company may adopt a corporate seal, which shall be adopted and which may be altered by the Board. The Company may use the corporate seal by causing it or a facsimile thereof to be impressed or affixed or in any other manner reproduced.

6.8 Stock Transfer Agreement s . The Company shall have power to enter into and perform any agreement with any number of stockholders of any one or more classes of stock of the Company to restrict the transfer of shares of stock of the Company of any one or more classes owned by such stockholders in any manner not prohibited by the DGCL.

6.9 Registered Stockholders . The Company:

(i) shall be entitled to recognize the exclusive right of a person registered on its books as the owner of shares to receive dividends and to vote as such owner;

(ii) shall be entitled to hold liable for calls and assessments the person registered on its books as the owner of shares; and

(iii) shall not be bound to recognize any equitable or other claim to or interest in such share or shares on the part of another person, whether or not it shall have express or other notice thereof, except as otherwise provided by the laws of Delaware.

6.10 Waiver of Notice . Whenever notice is required to be given under any provision of the DGCL, the certificate of incorporation or these bylaws, a written waiver, signed by the person entitled to notice, or a waiver by electronic transmission by the person entitled to notice, whether before or after the time of the event for which notice is to be given, shall be deemed equivalent to notice. Attendance of a person at a meeting shall constitute a waiver of notice of such meeting, except when the person attends a meeting for the express purpose of objecting at the beginning of the meeting, to the transaction of any business because the meeting is not lawfully called or convened. Neither the business to be transacted at, nor the purpose of, any regular or special meeting of the stockholders need be specified in any written waiver of notice or any waiver by electronic transmission unless so required by the certificate of incorporation or these bylaws.

ARTICLE VII — NOTICE BY ELECTRONIC TRANSMISSION

7.1 Notice by Electronic Transmission . Without limiting the manner by which notice otherwise may be given effectively to stockholders pursuant to the DGCL, the certificate of incorporation or these bylaws, any notice to stockholders given by the Company under any provision of the DGCL, the certificate of incorporation or these bylaws shall be effective if given by a form of electronic transmission consented to by the stockholder to whom the notice is given. Any such consent shall be revocable by the stockholder by written notice to the Company. Any such consent shall be deemed revoked if:

(i) the Company is unable to deliver by electronic transmission two consecutive notices given by the Company in accordance with such consent; and

(ii) such inability becomes known to the secretary or an assistant secretary of the Company or to the transfer agent, or other person responsible for the giving of notice.

However, the inadvertent failure to treat such inability as a revocation shall not invalidate any meeting or other action.

Any notice given pursuant to the preceding paragraph shall be deemed given:

(iii) if by facsimile telecommunication, when directed to a number at which the stockholder has consented to receive notice;

(iv) if by electronic mail, when directed to an electronic mail address at which the stockholder has consented to receive notice;

(v) if by a posting on an electronic network together with separate notice to the stockholder of such specific posting, upon the later of (A) such posting and (B) the giving of such separate notice; and

(vi) if by any other form of electronic transmission, when directed to the stockholder.

An affidavit of the secretary or an assistant secretary or of the transfer agent or other agent of the Company that the notice has been given by a form of electronic transmission shall, in the absence of fraud, be prima facie evidence of the facts stated therein.

7.2 Definition of Electronic Transmission . An “electronic transmission” means any form of communication, not directly involving the physical transmission of paper, that creates a record that may be retained, retrieved, and reviewed by a recipient thereof, and that may be directly reproduced in paper form by such a recipient through an automated process.

7.3 Inapplicability . Notice by a form of electronic transmission shall not apply to Sections 164, 296, 311, 312 or 324 of the DGCL.

ARTICLE VIII — INDEMNIFICATION

8.1 Indemnification of Directors and Officers . The Company shall indemnify and hold harmless, to the fullest extent permitted by the DGCL as it presently exists or may hereafter be amended, any director or officer of the Company who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a “ Proceeding ”) by reason of the fact that he or she, or a person for whom he or she is the legal representative, is or was a director, officer, employee or agent of the Company or is or was serving at the request of the Company as a director, officer, employee or agent of another corporation or of a partnership, joint venture, trust, enterprise or non-profit entity, including service with respect to employee benefit plans, against all liability and loss suffered and expenses reasonably incurred by such person in connection with any such Proceeding. The Company shall be required to indemnify a person in connection with a Proceeding initiated by such person only if the Proceeding was authorized by the Board.

8.2 Indemnification of Others . The Company shall have the power to indemnify and hold harmless, to the extent permitted by applicable law as it presently exists or may hereafter be amended, any employee or agent of the Company who was or is made or is threatened to be made a party or is otherwise involved in any Proceeding by reason of the fact that he or she, or a person for whom he or she is the legal representative, is or was an employee or agent of the Company or is or was serving at the request of the Company as a director, officer, employee or agent of another corporation or of a partnership, joint venture, trust, enterprise or non-profit entity, including service with respect to employee benefit plans, against all liability and loss suffered and expenses reasonably incurred by such person in connection with any such Proceeding.

8.3 Prepayment of Expenses . The Company shall pay the expenses incurred by any officer or director of the Company, and may pay the expenses incurred by any employee or agent of the Company, in defending any Proceeding in advance of its final disposition; provided, however , that the payment of expenses incurred by a person in advance of the final disposition of the Proceeding shall be made only upon receipt of an undertaking by the person to repay all amounts advanced if it should be ultimately determined that the person is not entitled to be indemnified under this Article VIII or otherwise.

8.4 Determination; Claim . If a claim for indemnification or payment of expenses under this Article VIII is not paid in full within sixty days after a written claim therefor has been received by the Company the claimant may file suit to recover the unpaid amount of such claim and, if successful in whole or in part, shall be entitled to be paid the expense of prosecuting such claim. In any such action the Company shall have the burden of proving that the claimant was not entitled to the requested indemnification or payment of expenses under applicable law.

8.5 Non-Exclusivity of Rights . The rights conferred on any person by this Article VIII shall not be exclusive of any other rights which such person may have or hereafter acquire under any statute, provision of the certificate of incorporation, these bylaws, agreement, vote of stockholders or disinterested directors or otherwise.

8.6 Insurance . The Company may purchase and maintain insurance on behalf of any person who is or was a director, officer, employee or agent of the Company, or is or was serving at the request of the Company as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise against any liability asserted against him or her and incurred by him or her in any such capacity, or arising out of his or her status as such, whether or not the Company would have the power to indemnify him or her against such liability under the provisions of the DGCL.

8.7 Other Indemnification . The Company’s obligation, if any, to indemnify any person who was or is serving at its request as a director, officer, employee or agent of another corporation, partnership, joint venture, trust, enterprise or non-profit entity shall be reduced by any amount such person may collect as indemnification from such other corporation, partnership, joint venture, trust, enterprise or non-profit enterprise.

8.8 Amendment or Repeal . Any repeal or modification of the foregoing provisions of this Article VIII shall not adversely affect any right or protection hereunder of any person in respect of any act or omission occurring prior to the time of such repeal or modification.

ARTICLE IX — AMENDMENTS

These bylaws may be adopted, amended or repealed by the stockholders entitled to vote. However, the Company may, in its certificate of incorporation, confer the power to adopt, amend or repeal bylaws upon the directors. The fact that such power has been so conferred upon the directors shall not divest the stockholders of the power, nor limit their power to adopt, amend or repeal bylaws.

CHINA UNITED INSURANCE SERVICE, INC.

CERTIFICATE OF ADOPTION OF BYLAWS

Certificate by Secretary of Adoption of Bylaws

The undersigned hereby certifies that [he] is the duly elected, qualified and acting Secretary of China United Insurance Service, Inc., a Delaware corporation, and that the foregoing bylaws, comprising fifteen (15), pages were adopted as the Company’s bylaws on January 28, 2011 by the Company’s Board of Directors.

The undersigned has executed this Certificate as of January, 2011.

	/s/ Lee Shu-Fen
	LEE SHU-FEN, Secretary

Share Pledge Agreement

This Share Pledge Agreement (this " Agreement ") has been executed by and among the following parties on Jan.17 th , 2011 in Zhengzhou , the People’s Republic of China (“ China ” or the “ PRC ”):

Party A:

Zhengzhou Zhonglian Hengfu Business Consulting Co., Ltd. (hereinafter " Pledgee ")

Address:

Building 5G, Hesheng Plaza, No. 26 Yousheng South Road, Jinshui District, Zhengzhou, Henan

Party B:

Fang Qunlei (hereinafter " Pledgor ")

ID No.:

420103197002083247

Party C:

Henan Law Anhou Insurance Agency Co., Ltd.

Address:

Building 4F, Hesheng Plaza, No. 26 Yousheng South Road, Jinshui District, Zhengzhou, Henan.

In this Agreement, each of Pledgee, Pledgor and Party C shall be referred to as a " Party " respectively, and they shall be collectively referred to as the " Parties ".

Whereas:

Pledgor is a citizen of China, and holds 4.5% of the equity interest in Party C. Party C is a limited liability company registered in China engaging in insurance agency and insurance consulting services. Party C acknowledges the respective rights and obligations of Pledgor and Pledgee under this Agreement, and intends to provide any necessary assistance in registering the Pledge;

2.	Pledgee is a wholly foreign owned enterprise registered in China. Pledgee and Party C, partially owned by Pledgor, have executed an Exclusive Business Cooperation Agreement on Jan.17 th , 2011; and

To ensure that Party C fully performs their obligations under the Exclusive Business Cooperation Agreement and pay the consulting and service fees thereunder to Pledgee when the same becomes due, Pledgor hereby pledges to Pledgee all of the equity interest she holds in Party C as security for payment of the consulting and service fees by Party C under the Exclusive Business Cooperation Agreement.

To perform the provisions of the Exclusive Business Cooperation Agreement, the Parties have mutually agreed to execute this Agreement upon the following terms.

1.	Definitions

Unless otherwise provided herein, the terms below shall have the following meanings:

1.1

Pledge shall refer to the security interest granted by Pledgor to Pledgee pursuant to Article 2 of this Agreement, i.e., the right of Pledgee to be compensated on a preferential basis with the conversion, auction or sales price of the Equity Interest.

1.2

Equity Interest shall refer to all of the lawful equity interest now held and hereafter acquired by Pledgor in Party C.

1.3

Term of Pledge shall refer to the term set forth in Section 3.2 of this Agreement.

1.4

Exclusive Business Cooperation Agreement shall refer to the Exclusive Business Cooperation Agreement executed by and between Party C and Pledgee on Jan.17 th , 2011.

1.5

Event of Default shall refer to any of the circumstances set forth in Article 7 of this Agreement.

1.6

Notice of Default shall refer to the notice issued by Pledgee in accordance with this Agreement declaring an Event of Default.

2.	The Pledge

As collateral security for the prompt and complete payment and performance when due (whether at stated maturity, by acceleration or otherwise) of any or all the payments due by Party C, including, without limitation the consulting and services fees payable to Pledgee under the Exclusive Business Cooperation Agreement, Pledgor hereby pledges to Pledgee a first security interest in all of Pledgor's right, title and interest, whether now owned or hereafter acquired by Pledgor, in the Equity Interest of Party C.

3.	Term of Pledge

3.1

The Pledge shall become effective on such date when the pledge of the Equity Interest contemplated herein has been registered with relevant administration for industry and commerce (the “ AIC ”). The Pledge shall be continuously valid until all payments due under the Exclusive Business Cooperation Agreement have been repaid by Party C or its subsidiaries. Pledgor and Party C shall (1) register the Pledge in the shareholders' register of Party C within 3 business days following the execution of this Agreement, and (2) submit this Agreement or other form of the Agreement as required to the relevant AIC for application of the registration of the Pledge of the Equity Interest contemplated herein within 60 business days following the execution of this Agreement. Pledgor and Party C shall submit all necessary documents and complete all necessary procedures, as required by the PRC laws and regulations and the relevant AIC, to ensure that the Pledge of the Equity Interest shall be registered with the AIC as soon as possible after filing.

3.2

During the Term of Pledge, in the event Party C fails to pay the exclusive consulting or service fees in accordance with the Exclusive Business Cooperation Agreement, Pledgee shall have the right, but not the obligation, to dispose of the Pledge in accordance with the provisions of this Agreement.

4.	Custody of Records for Equity Interest subject to Pledge

4.1

During the Term of Pledge set forth in this Agreement, Pledgor shall deliver to Pledgee's custody the capital contribution certificate for the Equity Interest and the shareholders' register containing the Pledge within one week from the execution of this Agreement. Pledgee shall have custody of such items during the entire Term of Pledge set forth in this Agreement.

4.2

Pledgee shall have the right to collect dividends generated by the Equity Interest during the Term of Pledge.

5.	Representations and Warranties of Pledgor

5.1

Pledgor is the sole legal and beneficial owner of the Equity Interest.

5.2

Pledgee shall have the right to dispose of and transfer the Equity Interest in accordance with the provisions set forth in this Agreement.

5.3

Except for the Pledge, Pledgor has not placed any security interest or other encumbrance on the Equity Interest.

6.	Covenants and Further Agreements of Pledgor

6.1

Pledgor hereby covenants to Pledgee, that during the term of this Agreement, Pledgor shall:

6.1.1

not transfer the Equity Interest, place or permit the existence of any security interest or other encumbrance on the Equity Interest, without the prior written consent of Pledgee, except for the performance of the Exclusive Option Agreement executed by Pledgor, Pledgee and Party C;

6.1.2

comply with the provisions of all laws and regulations applicable to the pledge of rights, and within 5 days of receipt of any notice, order or recommendation issued or prepared by relevant competent authorities regarding the Pledge, shall present the aforementioned notice, order or recommendation to Pledgee, and shall comply with the aforementioned notice, order or recommendation or submit objections and representations with respect to the aforementioned matters upon Pledgee's reasonable request or upon consent of Pledgee;

6.1.3

promptly notify Pledgee of any event or notice received by Pledgor that may have an impact on Pledgee's rights to the Equity Interest or any portion thereof, as well as any event or notice received by Pledgor that may have an impact on any guarantees and other obligations of Pledgor arising out of this Agreement.

6.2

Pledgor agrees that the rights acquired by Pledgee in accordance with this Agreement with respect to the Pledge shall not be interrupted or harmed by Pledgor or any heirs or representatives of Pledgor or any other persons through any legal proceedings.

6.3

To protect or perfect the security interest granted by this Agreement for payment of the consulting and service fees under the Exclusive Business Cooperation Agreement, Pledgor hereby undertakes to execute in good faith and to cause other parties who have an interest in the Pledge to execute all certificates, agreements, deeds and/or covenants required by Pledgee. Pledgor also undertakes to perform and to cause other parties who have an interest in the Pledge to perform actions required by Pledgee, to facilitate the exercise by Pledgee of its rights and authority granted thereto by this Agreement, and to enter into all relevant documents regarding ownership of Equity Interest with Pledgee or designee(s) of Pledgee (natural persons/legal persons). Pledgor undertakes to provide Pledgee within a reasonable time with all notices, orders and decisions regarding the Pledge that are required by Pledgee.

6.4

Pledgor hereby undertakes to comply with and perform all guarantees, promises, agreements, representations and conditions under this Agreement. In the event of failure or partial performance of its guarantees, promises, agreements, representations and conditions, Pledgor shall indemnify Pledgee for all losses resulting therefrom.

7.	Event of Breach

7.1

The following circumstances shall be deemed Event of Default:

7.1.1

Party C fails to pay in full any of the consulting and service fees payable under the Exclusive Business Cooperation Agreement or breaches any other obligations of Party C thereunder;

7.1.2

Any representation or warranty by Pledgor in Article 5 of this Agreement contains material misrepresentations or errors, and/or Pledgor violates any of the warranties in Article 5 of this Agreement;

7.1.3

Pledgor and Party C fail to register the Pledge in the shareholders' register of Party C or to complete Pledge registration stipulated in Section 3.1;

7.1.4

Pledgor or Party C breach any provisions of this Agreement;

7.1.5

Except as expressly stipulated in Section 6.1.1, Pledgor transfers or purports to transfer or abandons the Equity Interest pledged or assigns the Equity Interest pledged without the prior written consent of Pledgee;

7.1.6

Any of Pledgor's own loans, guarantees, indemnifications, promises or other debt liabilities to any third party or parties (1) become subject to a demand of early repayment or performance due to default on the part of Pledgor; or (2) become due but are not capable of being repaid or performed in a timely manner;

7.1.7

Any approval, license, permit or authorization of government agencies that makes this Agreement enforceable, legal and effective is withdrawn, terminated, invalidated or substantively changed;

7.1.8

The promulgation of applicable laws renders this Agreement illegal or renders it impossible for Pledgor to continue to perform its obligations under this Agreement;

7.1.9

Adverse changes in properties owned by Pledgor, which lead Pledgee to believe that that Pledgor's ability to perform its obligations under this Agreement has been affected;

7.1.10

The successor or custodian of Party C is capable of only partially perform or refuses to perform the payment obligations under the Exclusive Business Cooperation Agreement;

7.1.11

Any other circumstances occur where Pledgee is or may become unable to exercise its right with respect to the Pledge.

7.2

Upon notice or discovery of the occurrence of any circumstances or event that may lead to the aforementioned circumstances described in Section 7.1, Pledgor shall immediately notify Pledgee in writing accordingly.

7.3

Unless an Event of Default set forth in this Section 7.1 has been successfully resolved to Pledgee's satisfaction, Pledgee may issue a Notice of Default to Pledgor in writing upon the occurrence of the Event of Default or at any time thereafter and demand that Pledgor immediately pay all outstanding payments due under the Exclusive Business Cooperation Agreement and all other payments due to Pledgee, and/or dispose of the Pledge in accordance with the provisions of Article 8 of this Agreement.

8.	Exercise of Pledge

8.1

Prior to the full payment of the consulting and service fees described in the Exclusive Business Cooperation Agreement, without Pledgee's written consent, Pledgor shall not assign the Pledge or the Equity Interest in Party C.

8.2

Pledgee shall issue a Notice of Default to Pledgor when exercising the Pledge.

8.3

Subject to the provisions of Section 7.3, Pledgee may exercise the right to enforce the Pledge concurrently with the issuance of the Notice of Default in accordance with Section 8.2 or at any time after the issuance of the Notice of Default.

8.4

In the event of default, Pledgee is entitled to dispose of the Equity Interest pledged, to the extent permitted and in accordance with applicable laws, without obligation to account to Pledgor for proceeds of disposition and Pledgor hereby waives any rights it may have to demand any such accounting from Pledgee. Likewise, under such circumstance Pledgor shall have no obligation to Pledgee for any deficiency remaining after such disposition of the Equity Interest pledged.

8.5

When Pledgee disposes of the Pledge in accordance with this Agreement, Pledgor and Party C shall provide necessary assistance to enable Pledgee to enforce the Pledge in accordance with this Agreement.

9.	Assignment

9.1

Without Pledgee's prior written consent, Pledgor shall not have the right to assign or delegate its rights and obligations under this Agreement.

9.2

This Agreement shall be binding on Pledgor, Pledgee and their respective successors and permitted assigns.

9.3

At any time, Pledgee may assign any and all of its rights and obligations under the Exclusive Business Cooperation Agreement to its designee(s) (natural/legal persons), in which case the assigns shall have the rights and obligations of Pledgee under this Agreement, as if it were the original party to this Agreement. When Pledgee assigns the rights and obligations under the Business Cooperation Agreement, upon Pledgee's request, Pledgor shall execute relevant agreements or other documents relating to such assignment.

9.4

In the event of a change in Pledgee due to an assignment, Pledgor shall, at the request of Pledgee, execute a new pledge agreement with the new pledgee on the same terms and conditions as this Agreement.

9.5

Pledgor shall strictly abide by the provisions of this Agreement and other contracts jointly or separately executed by the Parties hereto or any of them, including the Exclusive Option Agreement and the Power of Attorney, perform the obligations hereunder and thereunder, and refrain from any action/omission that may affect the effectiveness and enforceability thereof. Any remaining rights of Pledgor with respect to the Equity Interest pledged hereunder shall not be exercised by Pledgor except in accordance with the written instructions of Pledgee.

10.	Termination

Upon the full payment of the consulting and service fees under the Exclusive Business Cooperation Agreement, and upon termination of Party C’s obligations under the Exclusive Business Cooperation Agreement, this Agreement shall be terminated, and Pledgee shall then cancel or terminate this Agreement as soon as reasonably practicable.

11.	Handling Fees and Other Expenses

All fees and out of pocket expenses relating to this Agreement, including but not limited to legal costs, costs of production, stamp tax and any other taxes and fees, shall be borne by Party C.

12.	Confidentiality

The Parties acknowledge that the existence and the terms of this Agreement and any oral or written information exchanged between the Parties in connection with the preparation and performance this Agreement are regarded as confidential information. Each Party shall maintain confidentiality of all such confidential information, and without obtaining the written consent of the other Party, it shall not disclose any relevant confidential information to any third parties, except for the information that: (a) is or will be in the public domain (other than through the receiving Party’s unauthorized disclosure); (b) is under the obligation to be disclosed pursuant to the applicable laws or regulations, rules of any stock exchange, or orders of the court or other government authorities; or (c) is required to be disclosed by any Party to its shareholders, investors, legal counsels or financial advisors regarding the transaction contemplated hereunder, provided that such shareholders, investors, legal counsels or financial advisors shall be bound by the confidentiality obligations similar to those set forth in this Section. Disclosure of any confidential information by the staff members or agencies hired by any Party shall be deemed disclosure of such confidential information by such Party, which Party shall be held liable for breach of this Agreement. This Section shall survive the termination of this Agreement for any reason.

13.	Governing Law and Resolution of Disputes

13.1

The execution, effectiveness, construction, performance, amendment and termination of this Agreement and the resolution of disputes hereunder shall be governed by the laws of PRC.

13.2

In the event of any dispute with respect to the construction and performance of this Agreement, the Parties shall first resolve the dispute through friendly negotiations. In the event the Parties fail to reach an agreement on the dispute within 30 days after either Party's request to the other Parties for resolution of the dispute through negotiations, either Party may submit the relevant dispute to the China International Economic and Trade Arbitration Commission for arbitration, in accordance with its Arbitration Rules. The arbitration shall be conducted in Beijing, and the language used in arbitration shall be Chinese. The arbitration award shall be final and binding on all Parties.

13.3

Upon the occurrence of any disputes arising from the construction and performance of this Agreement or during the pending arbitration of any dispute, except for the matters under dispute, the Parties to this Agreement shall continue to exercise their respective rights under this Agreement and perform their respective obligations under this Agreement.

14.

Notices

14.1

All notices and other communications required or permitted to be given pursuant to this Agreement shall be delivered personally or sent by registered mail, postage prepaid, by a commercial courier service or by facsimile transmission to the address of such party set forth below. A confirmation copy of each notice shall also be sent by E-mail. The dates on which notices shall be deemed to have been effectively given shall be determined as follows:

14.1.1

Notices given by personal delivery, by courier service or by registered mail, postage prepaid, shall be deemed effectively given on the date of receipt or refusal at the address specified for notices.

14.1.2

Notices given by facsimile transmission shall be deemed effectively given on the date of successful transmission (as evidenced by an automatically generated confirmation of transmission).

14.2

For the purpose of notices, the addresses of the Parties are as follows:

Party A:

Zhengzhou Zhonglian Hengfu Business Consulting Co., Ltd.

Address:

Building 5G, Hesheng Plaza, No. 26 Yousheng South Road, Jinshui District, Zhengzhou, Henan

Attn:

MAO, YI-HSIAO

Facsimile:

[ ]

Party B:

Fang Qunlei

Address:

1305 Jiefang Ave., Jianghan Dist., Wuhan, Hubei Province.

Facsimile:

[ ]

Party C:

Henan Law Anhou Insurance Agency Co., Ltd.

Address:

Building 4F, Hesheng Plaza, No. 26 Yousheng South Road, Jinshui District, Zhengzhou, Henan

Attn:

LI, FU-CHANG

Facsimile:

+86371-63976529

14.3

Any Party may at any time change its address for notices by a notice delivered to the other Parties in accordance with the terms hereof.

15.	Severability

In the event that one or several of the provisions of this Contract are found to be invalid, illegal or unenforceable in any aspect in accordance with any laws or regulations, the validity, legality or enforceability of the remaining provisions of this Contract shall not be affected or compromised in any respect. The Parties shall strive in good faith to replace such invalid, illegal or unenforceable provisions with effective provisions that accomplish to the greatest extent permitted by law and the intentions of the Parties, and the economic effect of such effective provisions shall be as close as possible to the economic effect of those invalid, illegal or unenforceable provisions.

16.	Effectiveness

16.1

Any amendments, changes and supplements to this Agreement shall be in writing and shall become effective upon completion of the governmental filing procedures (if applicable) after the affixation of the signatures or seals of the Parties.

16.2

This Agreement is executed in three copies. Each of Pledgor, Pledgee and Party C shall hold one copy with equal validity.

16.4

This Agreement constitutes the entire agreement between the Parties hereto, and supersedes all prior discussions, negotiations and agreements among them, with respect to the subject matter of this Agreement.

[SIGNATURE PAGE FOLLOW]

IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Share Pledge Agreement as of the date first above written

Party A: Zhengzhou Zhonglian Hengfu Business Consulting Co., Ltd.

By:	MAO, YI-HSIAO
Name: MAO, YI-HSIAO
Title: Legal Representative

Party B: Fang Qunlei (

)

By:

Party C: Henan Law Anhou Insurance Agency Co., Ltd.

By:	LI FU-CHANG
Name: LI FU-CHANG
Title: Legal Representative

[Signature Page to Share Pledge Agreement]

Delaware	6411	98-6088870
(State or other jurisdiction of	(Primary Standard Industrial	(I.R.S. Employer
incorporation or organization)	Classification Code Number)	Identification Number)

Large accelerated filer	¨	Accelerated filer	¨
Non-accelerated filer	¨	Smaller reporting company	x
(Do not check if a smaller reporting company)

Title Of Each Class of Securities To be Registered	Amount To Be Registered		Proposed Maximum Offering Price Per Share		Proposed Maximum Aggregate Offering Price		Amount of Registration Fee

Common Stock, par value $0.00001		1,000,000	$	0.015	$	15,000	$	1.75

PROSPECTUS SUMMARY		5
RISK FACTORS		10
FORWARD LOOKING STATEMENTS		26
USE OF PROCEEDS		26
DIVIDEND POLICY		26
MARKET FOR OUR COMMON STOCK		27
MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS		28
BUSINESS		37
MANAGEMENT		51
SECURITY OWNERSHIP		56
CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS		57
DESCRIPTION OF SECURITIES		59
SELLING STOCKHOLDERS		60
PLAN OF DISTRIBUTION		60
LEGAL MATTERS		61
EXPERTS		61
AVAILABLE INFORMATION		62
INDEX TO CONSOLIDATED FINANCIAL STATEMENTS		63

Legal Counsel	$	100,000

Auditor	$	100,000

Other vendors	$	10,000

Total:	$	210,000

Summary of Operations	Six Months Ended December 31, 2010		Six Months Ended December 31, 2009
	(Unaudited, Pro Forma)		(Unaudited, Pro Forma)
Revenues	$	1,444,918	$	994,438
Net profit	$	3,036	$	53,227
Net profit per common share (basic and diluted)	$	0.00	$	0.00
Weighted average common shares outstanding, basic and diluted		20,000,000		20,000,000

Summary of Operations	Year Ended June 30, 2010			Year Ended June 30, 2009
	(Unaudited Pro Forma)			(Unaudited Pro Forma)
Net revenue	$	2,154,629		$	1,841,008
Net loss	$	(150,738	)	$	(487,178	)
Net loss per common share (basic and diluted)	$	(0.01	)	$	(0.02	)
Weighted average common shares outstanding, basic and diluted		20,000,000			20,000,000

Statement of Financial Position	As of December 31, 2010		As of June 30, 2010
	(Unaudited, Pro Forma)		(Unaudited, Pro Forma)
Cash and cash equivalents	$	1,331,596	$	210,540
Total assets	$	1,972,672	$	587,429
Current Liabilities	$	906,296	$	364,512
Long-term Liabilities	$	0	$	0
Stockholders’ equity	$	1,066,376	$	222,917

	2010			2009			Increase/ (Decrease)			% Change
Net Revenue	$	2,154,629		$	1,841,008		$	313,621			17	%
Cost of Revenue		1,615,537			1,797,253			(181,716	)		(10	)%
Gross Profit		539,092			43,755			495,337			1132	%
General and administrative		621,000			639,504			(18,504	)		(3	)%
Loss from operations		(81,908	)		(595,749	)		513,841			(86	)%
Other income-net		188,430			148,737			39,693			27	%
Income/ (loss) before income tax		106,522			(447,012	)		553,534			(124	)%
Income tax		257,260			40,166			217,094			540	%
Net loss		(150,738	)		(487,178	)		336,440			(69	)%
Other comprehensive loss		(7,639	)		(3,201	)		(4,438	)		139	%
Comprehensive loss	$	(158,377	)	$	(490,379	)	$	332,002			(68	)%

Province	Number of Sales and Service Outlets	Number of Sales Agents
Henan	30	889
Sichuan	4	143
Jiangsu	1	11
Total	35	1043

Name	Age	Position
Mao Yi Hsiao	52	Director
Li Fu Chang	55	Director
Li Chwan Hau	50	Director
Hsu Tzu En	39	Director
Lo Chung Mei	54	Chief Executive Officer
Tsai Shiu Fang	48	Chief Financial Officer
Hsieh Tung Chi	36	Chief Operating Officer
Hsu Wen Yuan	41	Chief Marketing Officer
Chiang Te Yun	33	Chief Technology Officer

Name and principal position	Fiscal Year	Salary ($)		Bonus ($)		Stock Awards ($)	Option Awards ($)	Non-Equity Incentive Plan Compensation ($)	Nonqualified Deferred Compensation Earnings ($)	All Other Compensation ($)	Total ($)

Lo Chung Mei	2010		14,574									14,574
Chief Executive Officer	2009		8,887									8,887

Tsai Shiu Fang,	2010		25,505									25,505
Chief Financial Officer	2009		25,505									25,505

Hsieh Tung Chi,	2010		5,465									5,465
Chief Operating Officer	2009		4,737									4,737

Hsu Wen Yuan,	2010		23,683		497							24,180
Chief Marketing Officer	2009		23,683		27							23,710

Chiang Te Yun	2010		4,099									4,099
Chief Technology Officer	2009		4,099									4,099

	Name and Address of	Amount and Nature of
Title of Class	Beneficial Owner	Beneficial Owner		Percent of Class (1)
Officers and Directors
Common Stock	Mao Yi Hsiao Director		3,200,000		15.9	%
Common Stock	Li Fu Chang Director		800,000		4.0	%
Common Stock	Li Chwan Hau Director		1,000,000		5.0	%
Common Stock	Hsu Tzu En Director		15,000		*
Common Stock	Lo Chung Mei Chief Executive Officer		400,000		2.0	%
Common Stock	Tsai Shiu Fang Chief Financial Officer		100,000			*
Common Stock	Hsieh Tang Chi Chief Operating Officer		800,000		4.0	%
Common Stock	Chiang Te Yun Chief Technology Officer		800,000		4.0	%
Common Stock	All executive officers and directors (8) as a group		7,115,000		35.4	%
5% Beneficial Owners
Common Stock	Chang Pi Hui 198 Chung Cheng East Road, Linbei village, Linnei town, Yunlin County, Taiwan.		2,620,000		13.0	%

Report of Independent Registered Public Accounting Firm for Henan Law Anhou Insurance Agency Co., Ltd.	F-1

Henan Law Anhou Insurance Agency Co., Ltd. Balance Sheets as of June 30, 2010 and 2009	F-2

Henan Law Anhou Insurance Agency Co., Ltd. Statements of Operations and Other Comprehensive Loss for the years ended June 30, 2010 and 2009	F-3

Henan Law Anhou Insurance Agency Co., Ltd. Statements of Shareholders’ Deficit June 30, 2010 and 2009	F-4

Henan Law Anhou Insurance Agency Co., Ltd. Statements of Cash Flows for the years ended June 30, 2010 and 2009	F-5

Notes to Henan Law Anhou Insurance Agency Co., Ltd. Financial Statements	F-6

Report of Independent Registered Public Accounting Firm for Sichuan Kang Zhuang Insurance Agency Co.	F-19

Sichuan Kang Zhuang Insurance Agency Co. Balance Sheets as of June 30, 2010 and 2009	F-20

Sichuan Kang Zhuang Insurance Agency Co. Statements of Operations and Other Comprehensive Loss for the years ended June 30, 2010 and 2009	F-21

Sichuan Kang Zhuang Insurance Agency Co. Statements of Shareholders’ Deficit June 30, 2010 and 2009	F-22

Sichuan Kang Zhuang Insurance Agency Co. Statements of Cash Flows for the years ended June 30, 2010 and 2009	F-23

Notes to Sichuan Kang Zhuang Insurance Agency Co. Financial Statements	F-24

Report of Independent Registered Public Accounting Firm for Jiangsu Law Insurance Broker Co., Ltd.	F-33

Jiangsu Law Insurance Broker Co., Ltd. Balance Sheets as of June 30, 2010 and 2009	F-34

Jiangsu Law Insurance Broker Co., Ltd. Statements of Operations and Other Comprehensive Income / Loss for the years ended June 30, 2010 and 2009	F-35

Jiangsu Law Insurance Broker Co., Ltd. Statements of Shareholders’ Deficit June 30, 2010 and 2009	F-36

Jiangsu Law Insurance Broker Co., Ltd. Statements of Cash Flows for the years ended June 30, 2010 and 2009	F-37

Notes to Jiangsu Law Insurance Broker Co., Ltd. Financial Statements	F-38

Henan Law Anhou Insurance Agency Co., Ltd. and Subsidiaries Consolidated Balance Sheets as of December 31, 2010 and June 30, 2010	F-47

Henan Law Anhou Insurance Agency Co., Ltd. and Subsidiaries Consolidated Statements of Operations and Other Comprehensive Loss for six months ended December 31, 2010 and 2009	F-48

Henan Law Anhou Insurance Agency Co., Ltd. and Subsidiaries Consolidated Statements of Cash Flows for the six months ended December 31, 2010 and 2009	F-49

Notes to Henan Law Anhou Insurance Agency Co., Ltd. and Subsidiaries Consolidated Financial Statements	F-50

China United Insurance Service, Inc. and Subsidiaries Pro Forma Consolidated Balance Sheets as of June 30, 2009	F-66

China United Insurance Service, Inc. and Subsidiaries Pro Forma Consolidated Statements of Operations and Other Comprehensive Loss for the year ended June 30, 2009	F-67

China United Insurance Service, Inc. and Subsidiaries Pro Forma Consolidated Balance Sheets as of June 30, 2010	F-68

China United Insurance Service, Inc. and Subsidiaries Pro Forma Consolidated Statements of Operations and Other Comprehensive Loss for the year ended June 30, 2010	F-69

Notes to China United Insurance Service, Inc. and Subsidiaries Pro Forma Consolidated Financial Statements	F-70

China United Insurance Service, Inc. and Subsidiaries Pro Forma Consolidated Balance Sheets as of December 31, 2009	F-71

China United Insurance Service, Inc. and Subsidiaries Pro Forma Consolidated Statements of Operations and Other Comprehensive Loss for the year ended December 31, 2009	F-72

China United Insurance Service, Inc. and Subsidiaries Pro Forma Consolidated Balance Sheets as of December 31, 2010	F-73

China United Insurance Service, Inc. and Subsidiaries Pro Forma Consolidated Statements of Operations and Other Comprehensive Loss for the year ended December 31, 2010	F-74

Notes to China United Insurance Service, Inc. and Subsidiaries Pro Forma Consolidated Financial Statements	F-75

	June 30, 2010			June 30, 2009
ASSETS
Current assets
Cash and equivalents	$	17,071		$	33,751
Restricted cash		58,749			58,439
Accounts receivable, net		14,388			375
Other current assets		29,694			23,581
Total current assets		119,902			116,146

Property, plant and equipment, net		16,055			14,589

TOTAL ASSETS	$	135,957		$	130,735

LIABILITIES AND STOCKHOLDERS’ DEFICIT
Current liabilities
Accrued expenses and other payables	$	495,466		$	496,148
Taxes payable		254,497			49,705
Due to related party		689,606			642,130

Total current liabilities		1,439,569			1,187,983

SHAREHOLDERS’ DEFICIT

Paid-in capital		252,746			252,746
Accumulated other comprehensive loss		(70,841	)		(64,232	)
Accumulated deficit		(1,485,517	)		(1,245,762	)

TOTAL SHAREHOLDERS’ DEFICIT		(1,303,612	)		(1,057,248	)
TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT	$	135,957		$	130,735

	2010			2009			Increase/ (Decrease)			% Change
Net Revenue	$	1,444,918		$	994,438		$	450,480			45	%
Cost of Revenue		940,952			743,858			197,094			26	%
Gross Profit		503,966			250,580			253,386			101	%
General and administrative		584,521			287,329			297,192			103	%
Loss from operations		(80,555	)		(36,749	)		(43,806	)		119	%
Other income-net		226,689			197,377			29,312			15	%
Income before income tax		146,134			160,628			(14,494	)		(9	)%
Income tax		143,098			107,401			35,697			33	%
Net income		3,036			53,227			(50,191	)		(94	)%
Other comprehensive income/( loss)		208			(1,378	)		1,586			(115	)%
Comprehensive income	$	3,244		$	51,849		$	(48,605	)		(94	)%

	Years Ended June 30
	2010			2009

Revenues	$	1,341,509		$	1,301,347
Cost of service		1,061,732			1,259,298

Gross profit		279,777			42,049

Operating expenses:
General and administrative		309,586			228,747
		309,586			228,747

Loss from operations		(29,809	)		(186,698	)

Other income (expenses)
Other income		1,799			-
Bank service charge		(201	)		(410	)
Other expenses		(721	)		(14	)
		877			(424	)

Loss before income taxes		(28,932	)		(187,122	)

Income tax expense		210,823			36,193

Net loss		(239,755	)		(223,315	)

Other comprehensive loss		(6,609	)		(3,387	)

Comprehensive loss	$	(246,364	)	$	(226,702	)

	Paid -in Capital		Accumulated Other comprehensive loss			Accumulated Deficit			Total
Balance July 1, 2008	$	252,746	$	(60,845	)	$	(1,022,447	)	$	(830,546	)

Foreign currency translation		-		(3,387	)		-			(3,387	)
Net loss		-		-			(223,315	)		(223,315	)

Balance June 30, 2009		252,746		(64,232	)		(1,245,762	)		(1,057,248	)

Foreign currency translation		-		(6,609	)		-			(6,609	)
Net loss		-		-			(239,755	)		(239,755	)

Balance June 30, 2010	$	252,746	$	(70,841	)	$	(1,485,517	)	$	(1,303,612	)

	Years ended June 30,
	2010			2009
Cash flows from operating activities:
Net loss	$	(239,755	)	$	(223,315	)
Adjustments to reconcile net loss to net cash provided by
(used in) operating activities:
Depreciation		8,729			5,672
Changes in operating assets and liabilities:
Accounts receivable		(13,954	)		-
Other current assets		(5,962	)		(2,798	)
Tax payable		203,687			41,531
Accrued expenses and other payables		(3,306	)		(12,511	)
Total Adjustments		189,194			31,894
Net cash used by operating activities		(50,561	)		(191,421	)

Cash flows from investing activities:
Purchase of property, plant and equipment		(10,112	)		(1,965	)
Net cash used in investing activities		(10,112	)		(1,965	)

Cash flows from financing activities:
Repayment on borrowings from related party		(16,090	)		-
Proceeds from related party		59,971			140,183
Net cash provided by financing activities		43,881			140,183

Foreign currency translation		112			313
Net decrease in cash and cash equivalents		(16,680	)		(52,890	)

Cash and equivalents, beginning balance		33,751			86,641
Cash and equivalents, ending balance	$	17,071		$	33,751

Interest paid	$	-		$	-
Income tax paid	$	-		$	-

	2010		2009

Prepaid rent	$	16,629	$	16,541
Prepaid expenses		13,051		5,514
Other		14		1,526
Total	$	29,694	$	23,581

	2010			2009
Office Equipment	$	19,070		$	13,143
Office Furniture		8,904			6,279
Computers		12,427			10,666
Total		40,401			30,088
Less: Accumulated Depreciation		(24,346	)		(15,499	)
Total property, plant and equipment, net	$	16,055		$	14,589

	2010		2009
Welfare & salary payable	$	546	$	3,783
Due to third party		494,920		492,365
Total accrued expenses and other payables	$	495,466	$	496,148

	2010			2009
Local tax rate		25.0	%		25.0	%
Benefit of NOL c/f		-			94.0	%
Tax undeductible cost		(753.7	)%		(138.0	)%
Tax per financial statements		(728.7	)%		(19.3	)%

	Amount
12 months ending June 30, 2011	$	66,514
12 months ending June 30, 2012		33,257
Total	$	99,771

	For the years ended June 30,
	2010			2009

Net revenue	$	2,035,717		$	1,739,425
Cost of sales		1,496,625			1,695,671
Gross profit		539,092			43,754
Total expense		(77,998	)		(678,672	)

Net loss	$	(338,906	)	$	(634,918	)

	As of June 30,
	2010			2009
Current assets
Cash and equivalents	$	193,470		$	423,777
Accounts receivable, net		25,767			2,891
Advance to suppliers		776			-
Other current assets		36,323			660,430
Total current assets		256,336			1,087,098

Property, plant and equipment, net		108,121			140,770

TOTAL ASSETS	$	364,457		$	1,227,868

Current liabilities
Account payable	$	206		$	1,087
Accrued expenses and other payables		55,590			70,722
Taxes payable		47,616			3,026
Due to related party		477,344			1,269,154

Total current liabilities		580,756			1,343,989

NET LIABILITIES	$	(216,299	)	$	(116,121	)

	June 30
	2010			2009
ASSETS
Current assets
Cash and equivalents	$	25,266		$	17,597
Accounts receivable, net		1,533			2,891
Other current assets		37,099			34,120
Total current assets		63,898			54,608

Property, plant and equipment, net		17,227			19,091

TOTAL ASSETS	$	81,125		$	73,699

LIABILITIES AND SHAREHOLDERS’ DEFICIT
Current liabilities
Accounts payable	$	206		$	1,087
Accrued expenses and other payables		42,023			39,767
Taxes payable		44,112			2,535
Due to related parties		475,311			369,643

TOTAL CURRENT LIABILITIES	$	561,652		$	413,032

SHAREHOLDERS’ DEFICIT

Paid-in capital		811,168			811,168
Accumulated other comprehensive loss		(24,012	)		(21,634	)
Accumulated deficit		(1,267,683	)		(1,128,867	)

TOTAL SHAREHOLDERS’ DEFICIT		(480,527	)		(339,333	)
TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT	$	81,125		$	73,699

	Year Ended June 30
	2010			2009

Revenues	$	525,709		$	473,850
Cost of service		452,157			437,474

Gross profit		73,552			36,376

Operating expenses:
General and administrative		171,221			211,797
		171,221			211,797

Loss from operations		(97,669	)		(175,421	)

Other income (expenses)
Interest expense		(28	)		(134	)
Other expenses- net		(1,867	)		(2,956	)
Total other expenses		(1,895	)		(3,090	)

Loss before income taxes		(99,564	)		(178,511	)

Income tax expense		39,252			2,447

Net loss		(138,816	)		(180,958	)

Other comprehensive loss		(2,378	)		(1,485	)

Comprehensive loss	$	(141,194	)	$	(182,443	)

	Paid -in Capital		Accumulated other comprehensive loss			Accumulated Deficit			Total
Balance July 1, 2008	$	461,141	$	(20,149	)	$	(947,909	)	$	(506,917	)
Capital contribution		350,027		-			-			350,027
Foreign currency translation		-		(1,485	)		-			(1,485	)
Net loss		-		-			(180,958	)		(180,958	)
Balance June 30, 2009		811,168		(21,634	)		(1,128,867	)		(339,333	)
Foreign currency translation		-		(2,378	)		-			(2,378	)
Net loss		-		-			(138,816	)		(138,816	)
Balance June 30, 2010	$	811,168	$	(24,012	)	$	(1,267,683	)	$	(480,527	)

	2010		2009

Deposit paid for rent	$	9,353	$	10,304
Prepaid rent		17,268		15,429
Advance to employees		6,746		6,805
Other		3,732		1,582
Total	$	37,099	$	34,120

	Amount
12 months ending June 30, 2011	$	74,951
12 months ending June 30, 2012		16,858
12 months ending June 30, 2013		734
Total	$	92,543

	Paid -in Capital		Accumulated other comprehensive income		Accumulated Deficit			Total
Balance July 1, 2008	$	625,113	$	111,365	$	(284,293	)	$	452,185
Foreign currency translation		-		1,671		-			1,671
Net loss		-		-		(230,643	)		(230,643	)
Balance June 30, 2009		625,113		113,036		(514,936	)		223,213
Foreign currency translation		-		1,348		-			1,348
Net income		-		-		39,665			39,665
Balance June 30, 2010	$	625,113	$	114,384	$	(475,271	)	$	264,226

	2010		2009

Amount due from employees	$	-	$	31,586
Payment to third parties on behalf of a related party, Xiangriya Industrial (Nantong) Co., Ltd.		-		554,697
Other		-		40,027
Total	$	-	$	626,310

	2010			2009
Electronic equipment	$	167,596		$	166,711
Machinery		16,435			16,348
Transportation equipment		99,555			77,302
Total		283,586			260,361
Less: Accumulated Depreciation		(192,691	)		(138,681	)
Total property, plant and equipment, net	$	90,895		$	121,680

	2010		2009
Salary payable	$	10,685	$	-
Due to third party		2,882		30,955
Total accrued expenses and other payables	$	13,567	$	30,955

	Year ended June 30,
	2010					2009
Insurance company	Sales		% of total sales			Sales		% of total sales
AEGON-CNOOC Life Insurance Co., Ltd.	$	-		-		$	44,682		67.9	%
AVIVA-COFCO Life Insurance Co., Ltd.		-		-			14,328		21.8	%
Allianz China Life Insurance Co., Ltd.		-		-			6,585		10.0	%
AXA-Minmetals Assurance Co., Ltd		55,262		19.2	%		-		-
Huatai Insurance Co., Ltd.		42,617		14.8	%		-		-
PICC Property and Casualty Company Limited		34,897		12.1	%		-		-
Cathay Pacific Property Insurance		31,894		11.5	%		-		-
Total	$	164,669		57.6	%	$	65,595		99.7	%