Senior, let's talk about the difference between China Ping An Insurance Company and Xinhua Life Insurance Company, and see which insurance company is stronger. Compare which company's products are more cost-effective?
Before starting the analysis, you may want to know the criteria used when investigating insurance companies:
"What should we pay attention to when we pay attention to insurance companies? 》
First, China Ping An pk Xinhua Life Insurance, whose strength is stronger?
& gt 1. Company strength competition
China Insurance Co., Ltd. China Ping An Life Insurance Company of China Insurance Company (China Ping An Life Insurance Company of China for short) was established in 2002 and is an important member of China Ping An Insurance (Group) Co., Ltd.
By the end of 2020, China Ping An Life Insurance Company of China Insurance Company has a registered capital of 33.8 billion yuan, and has 42 branches (including 7 telemarketing centers) and more than 3,300 business outlets in China.
There is a life insurance service network all over the country with more than 1 10,000 agents. We should not only provide customers with full-life insurance products, but also provide quality services.
New china life insurance co Co., Ltd. (hereinafter referred to as Xinhua Life Insurance) was established in September, 1996. It is a large life insurance company headquartered in Beijing.
In 2020, Xinhua Life achieved a total premium income of1595.10/billion yuan, an operating income of 206.538 billion yuan and total assets of 1004376 billion yuan, ranking among the Fortune China and Forbes Double 500 companies for many years.
Xinhua Life Insurance has established a nationwide sales network with 36,309 back-office employees and 606,000 salesmen, providing comprehensive life insurance products and services to 33.205 million individual customers and 88,000 institutional customers.
Generally speaking, Xinhua Life Insurance is very powerful, and China Ping An Life Insurance Company of China is not far behind. These two life insurance companies are time-honored brands in people's mouths and have gained a certain popularity.
2. Solvency competition
Solvency refers to whether the insurance company can afford the insurance amount agreed in the contract.
If you want to be solvent, you must meet these three conditions.
The core solvency adequacy ratio is above 50%;
The comprehensive solvency adequacy ratio is above 100%;
The comprehensive risk rating is above Grade B..
202 1 Annual Information Disclosure Report tells us some information about our two companies. The risk ratings of China Ping An Life Insurance Company of China and Xinhua Life Insurance are both A.
Let's look at the solvency data of the two companies.
Solvency information of China Ping An Life Insurance Company of China Insurance Company in the third quarter of 2022:
Solvency information of New China Life in the third quarter of 2022:
As can be seen from the above figure, in terms of solvency, the current standards of the two insurance companies, Xinhua Life Insurance and China Ping An Life Insurance Company of China, have already exceeded the passing line by a lot, so don't worry if there is no solvency.
The above contents only use the two most common standards to compare China Ping An Life Insurance Company of China and Xinhua Life Insurance. Due to the limitation of space, if you want to know more about the comparison between the two companies, friends can understand the attitude of experts:
"China Ping An Life Insurance Company of China PK Xinhua Life Insurance, the winner is actually ..."
After two games, China Ping An Life Insurance Company of China and Xinhua Life still haven't decided whether it's a man or a woman. Let's compare the products that consumers are most concerned about and see if these two insurances are equally good.
2. Who is the ultimate winner in the competition between Ping An and Xinhua's ace products?
Senior sister chose Ping An Fu 202 1 and Xinhua Life C6 as the best critical illness insurance for comparative analysis.
You can have a look at the safety comparison chart:
Detailed analysis of these two critical illness insurance products, insurance rules, security content and other aspects are the starting direction of senior students.
1. Insurance rules big pk
You see, 55 years old is the upper limit of insurance age for Ping An Fu 202 1. However, if you take out insurance on C6, the maximum age limit can reach 60, and the coverage of Ping An Fu 202 1 is too narrow.
Another insurance rule is the waiting period. The market recognized that the comprehensive excellent waiting period is 90 days, that is, the waiting period of Ping An Fu 202 1, and the waiting period of healthy C6 is 180 days. There is no doubt that the C6 insured who is healthy and worry-free needs to bear the risk for 90 days alone. It is conceivable that the long waiting period is not friendly to the insured itself.
In short, it is impossible to judge the two products only from the insurance rules, and it is impossible to compare who is better.
2. The content of the guarantee dispute
Except Ping An Fu 202 1, including Health C6, they are all critical illness insurance products with single payment, and the payment of critical illness insurance is basically the same.
On the one hand, their compensation ratio is the same, but for C6, they can pay twice as much. The insured amount is 500,000 yuan, which is equivalent to an overpayment of 250,000 yuan after conversion, which is quite different.
On the one hand, even if Ping An Fu 202 1 provides the protection of 1 times, the protection provided by Health Worry-Free C6 for the insured is that the compensation ratio can be increased to 30%, which is more obvious than the former. There are very few people who can get mild illness six times in their life. The most practical thing is to pay more.
In addition, Ping An Fu 202 1 will increase the insurance coverage for you free of charge on the basis of the previous exercise amount. In addition, if the insured suffers from mild illness before the age of 70 and then suffers from serious illness, the insured can get an additional 20% coverage. Healthy and carefree C6 people have different projects. Children can enjoy 100% protection of children's special disease care fund and 50% protection of adults' accidental special disease or death insurance money.
In contrast, the bright spots of healthy and worry-free C6 are obvious, and it is not difficult for us to find that its various guarantees are very close to the people and very humanized!
However, compared with other insurance products, these two kinds of critical illness insurance are not superior in premium, protection is not excellent enough, and the advantages are not obvious enough, so the cost performance is not very high.
Just say no with your mouth, senior sister summed up ten products with high cost performance for your reference:
Ten cheap and excellent critical illness insurance inventory! 》
Third, summary.
Generally speaking, even though the scale and solvency of China Ping An Life Insurance Company of China and Xinhua Life Insurance are impeccable, the performance of their flagship products is not noticeable.
Don't stare at the insurance company all the time when buying insurance. The strength of an insurance company does not mean that the product must be worth buying.
When we need to buy insurance products as consumers, it is important to consider whether this product is really worth buying and whether the product is good or not.
There are still many people who don't know how to choose safe and correct insurance. Your problem can be solved in Xueba's official insurance WeChat account ~
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