China Life Xinyu Endowment Insurance Portfolio

"China Life Xinyu Pension Insurance Portfolio is an important achievement of China Life Insurance Product Innovation Strategy." 19 In March, Su Hengxuan, Vice President of China Life Insurance Co., Ltd., said at the Nanjing conference of "China Life Xinyu Pension Insurance Portfolio".

Su Hengxuan said that under the background of China's rapid economic and social transformation, great changes in production and lifestyle, and increasingly heavy environmental, physiological and psychological burdens, this combination product is a self-serving old-age security solution with China characteristics after analyzing the changes and future development of China's social security system and referring to the design ideas of similar products of domestic and foreign commercial insurance companies.

According to the introduction of China Life Product Development Department, China Life Heart-to-Heart Pension Insurance Portfolio consists of four products: China Life Heart-to-Heart Pension Insurance (dividend type), China Life Heart-to-Heart Regular Critical Illness Insurance, China Life Heart-to-Heart Nursing Insurance and China Life Heart-to-Heart Long-term Accident Insurance. China Shouxinyu Pension Insurance (dividend type) is a compulsory product, and the other three are optional products. This product combination solves a variety of main personal protection needs in the process of a person's gradual transition from middle age to old age in a modular way and with a developmental vision.

It is reported that the main characteristics of this product portfolio are "highlighting the key points of protection in each life stage, ensuring serious illness, introducing the concept of nursing insurance, and ensuring the responsibility of long-term accidental injuries".

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