Beneficial owner is a concept in Anglo-American law, which refers to the person who has beneficial ownership. The beneficial owner of an enterprise may be a legal person or other relevant personnel. Criteria for determining beneficial owners (1) The beneficial owners of the company are determined in turn according to the following criteria: natural persons who directly or indirectly own more than 25% of the company's equity or voting rights; A natural person who controls the company by means of personnel and finance; The senior management of the company. (2) The beneficial owner of a partnership refers to a natural person who owns more than 25% of the rights and interests of the partnership. (3) Beneficiary of a trust refers to the trustor, trustee, beneficiary and other natural persons who ultimately effectively control the trust. (4) Beneficiary of a fund refers to a natural person who owns more than 25% equity or controls the fund. Article 22 of People's Republic of China (PRC) Insurance Law After the occurrence of an insured accident, when the applicant, the insured or the beneficiary requests the insurer to compensate or pay the insurance money according to the insurance contract, they shall provide the insurer with the certificates and materials that they can provide to confirm the nature, causes and loss degree of the insured accident.