China Post Life Insurance Co., Ltd. and China Postal Savings Bank are both subsidiaries of China Post Group Corporation.
Next, Senior Sister would like to take this opportunity to introduce China Post Life Insurance Company to everyone and see if its insurance products are worth buying!
Main points of this article: > >; What is the strength of China Post Life Insurance?
& gt& gt Is the insurance product of China Post Life Insurance worth starting with?
1. What is the strength of China Post Life? 1. Company Strength China Post Life Insurance Co., Ltd. is a life insurance company controlled by China Post. The company is headquartered in Beijing with a registered capital of 28.663 billion yuan.
It was approved by China Insurance Regulatory Commission on August 4, 2009, registered in the State Administration for Industry and Commerce on August 18, 2009, and officially opened on September 9, 2009. The business scope includes life insurance, health insurance, accident insurance and other life insurance businesses.
2. Solvency The core solvency adequacy ratio is not less than 50%, the comprehensive solvency adequacy ratio is not less than 100%, and the comprehensive risk rating is not less than Grade B. These three are the hard indicators for the CBRC to assess whether the solvency of insurance companies meets the standards.
According to the report of China Post Life Insurance Co., Ltd. in the fourth quarter of 2022, its core solvency adequacy ratio is 73.96%, its comprehensive solvency adequacy ratio is 133.69%, and its latest comprehensive risk rating is BBB.
If you want to know more about China Post Life Insurance Company, you can read this article:
How about China Post Life Insurance? Is the product worth buying?
2. Is the insurance product of China Post Life Insurance worth starting with? From the above, we can know that the strength of China Post Life Insurance Company is very strong, but we buy insurance not by the underwriting company, but by the product itself.
Next, Senior Xue will take whole life insurance, a well-known product of China Post Life Insurance Company, as an example to tell you about this product.
Let's look at the protection map first:
1, insurance rules As can be seen from the figure, the insurance age in whole life insurance is from 30 days after birth to 70 years old. Compared with some similar products, the highest insurance age is 65 or 60, and the insurance age range of this product can be said to be relatively wide.
In terms of payment years, the product provides three payment options, namely, three-year payment, five-year payment and 10-year payment.
In terms of exemption clauses, whole life insurance, which has a good postal service every year, has seven exemption clauses, which is a little more than some similar products with only three or five exemption clauses.
Friends who don't understand the exemption clause can read this article:
What is the exemption clause of insurance? what do you think? If you don't understand, you will suffer a big loss!
2, the content of the protection from the content of the protection, whole life insurance only protection of death/total disability. The amount of compensation for death/total disability insurance will vary according to different situations.
It should be noted that this payment ratio is related to our age. 18 to 40 years old, 160%, 4 1 60 years old, 140%, 6 1 year old and above, 120%.
Generally speaking, whole life insurance has a wide age range and flexible payment period, but there are many exemption clauses and the content of protection is relatively simple.
On the whole, this product, whole life insurance C, is quite satisfactory. As for whether it is worth insuring, it mainly depends on everyone's protection needs. If you think this product does not meet your own safety requirements, then Senior Sister suggests that you compare it with other similar products on the market.
Finally, senior here to send you an increased list of whole life insurance:
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