| | | | | | | | | | | | | | | | | | | | | | |
| <?xml version="1.0" encoding="windows-1252"?> |
| <ownershipDocument> |
| <schemaVersion> X0306 </schemaVersion> |
| <documentType> 4 </documentType> |
| <periodOfReport> 2021-10-15 </periodOfReport> |
| <notSubjectToSection16> 0 </notSubjectToSection16> |
| <issuer> |
| | <issuerCik> 0001512927 </issuerCik> |
| | <issuerName> China United Insurance Service, Inc. </issuerName> |
| | <issuerTradingSymbol> CUII </issuerTradingSymbol> |
| | </issuer> |
| <reportingOwner> |
| | <reportingOwnerId> |
| | | <rptOwnerCik> 0001636635 </rptOwnerCik> |
| | | <rptOwnerName> LI CHUWAN HAU </rptOwnerName> |
| | | </reportingOwnerId> |
| | <reportingOwnerAddress> |
| | | <rptOwnerStreet1> 7F, NO. 311, SECTION 3 </rptOwnerStreet1> |
| | | <rptOwnerStreet2> NAN-KING EAST ROAD </rptOwnerStreet2> |
| | | <rptOwnerCity> TAIPEI </rptOwnerCity> |
| | | <rptOwnerState> F5 </rptOwnerState> |
| | | <rptOwnerZipCode> 105-95 </rptOwnerZipCode> |
| | | <rptOwnerStateDescription> TAIWAN </rptOwnerStateDescription> |
| | | </reportingOwnerAddress> |
| | <reportingOwnerRelationship> |
| | | <isDirector> 1 </isDirector> |
| | | <isOfficer> 0 </isOfficer> |
| | | <isTenPercentOwner> 0 </isTenPercentOwner> |
| | | <isOther> 0 </isOther> |
| | | <officerTitle></officerTitle> |
| | | <otherText></otherText> |
| | | </reportingOwnerRelationship> |
| | </reportingOwner> |
| <nonDerivativeTable> |
| | <nonDerivativeTransaction> |
| | | <securityTitle> |
| <value> Common Stock </value> |
| </securityTitle> |
| | | <transactionDate> |
| <value> 2021-10-15 </value> |
| </transactionDate> |
| | | <deemedExecutionDate> |
| <value> 2021-10-15 </value> |
| </deemedExecutionDate> |
| | | <transactionCoding> |
| <transactionFormType> 4 </transactionFormType> |
| <transactionCode> J </transactionCode> |
| <equitySwapInvolved> 0 </equitySwapInvolved> |
| <footnoteId id="F1"/> |
| </transactionCoding> |
| | | <transactionTimeliness></transactionTimeliness> |
| | | <transactionAmounts> |
| <transactionShares> |
| <value> 864463 </value> |
| </transactionShares> |
| <transactionPricePerShare> |
| <value> 3.40 </value> |
| </transactionPricePerShare> |
| <transactionAcquiredDisposedCode> |
| <value> A </value> |
| </transactionAcquiredDisposedCode> |
| </transactionAmounts> |
| | | <postTransactionAmounts> |
| <sharesOwnedFollowingTransaction> |
| <value> 2216629 </value> |
| </sharesOwnedFollowingTransaction> |
| </postTransactionAmounts> |
| | | <ownershipNature> |
| <directOrIndirectOwnership> |
| <value> D </value> |
| </directOrIndirectOwnership> |
| </ownershipNature> |
| | | </nonDerivativeTransaction> |
| | </nonDerivativeTable> |
| <footnotes> |
| | <footnote id="F1"> On August 13, 2021, China United Insurance Service, Inc. (the "Company") along with its wholly owned subsidiary Action Holdings Financial Limited entered into the Amendment 4 to the Acquisition Agreement (this "Amendment") with Mr. Chwan Hau Li, a member of the board of directors of the Company. Pursuant to the Amendment and as additional consideration for Mr. Li due to certain adjustments, the Company issued Mr. Li 864,463 shares of Company's common stock on October 15, 2021. </footnote> |
| | </footnotes> |
| <ownerSignature> |
| | <signatureName> /s/ Chwan Hau Li </signatureName> |
| | <signatureDate> 2021-10-19 </signatureDate> |
| | </ownerSignature> |
| </ownershipDocument> |
