First of all, let's take a look at the basic situation of CITIC Prudential: CITIC Prudential Life Insurance, formerly known as Prudential Life Insurance, was jointly established by CITIC Group (China) and Prudential Group (UK) with a registered capital of 2.36 billion yuan. Secondly, in terms of strength, CITIC Prudential's solvency far exceeds the prescribed proportion, reaching 289.75%. In terms of claims, it does not give up, and the claim rate is as high as 99%.
From the above, we can see that Xincheng Life Insurance Company is a good insurance company.
But we bought insurance products instead of insurance companies. In fact, Xincheng has also launched many products that sell well in the market: products that enjoy Wellcome 2020 and health benefits.
The exclusive Wellcome 2020 is a very popular critical illness insurance product in the market. Today, I will focus on this product. I have sorted out other products of CITIC Prudential before. If you are interested, you can read: Top Ten Insurance Companies' Hot Critical Illness Insurance Inventory!
As you can see, the biggest advantages of this product are:
Special disease protection: this is beneficial to diabetic patients. In addition to the basic protection for serious and minor diseases, there are additional payments for major organ or hematopoietic stem cell transplantation and diabetic complications, as well as long-term care for the elderly.
Disadvantages are:
1. Expensive products: It is indeed a good thing to guarantee comprehensive protection, but compared with the critical illness insurance that also guarantees comprehensive protection in the market, the price is too high, far from being cost-effective.
2. Lack of sense of responsibility for Chinese medicine: most products are indispensable for Chinese medicine protection, but this one lacks Chinese medicine protection and is biased.
3. Low down payment ratio for minor illness: Even if minor illness is guaranteed for 7 times, the down payment ratio is extremely low, only 20%. Compared with many products on the market, the down payment of this product is too low.
4. Need to increase the function of the insured's minor illness exemption: To enjoy Wellcome 2020' s insurance exemption, you need to pay extra premium, but now most products on the market have the protection content of the insured's minor illness exemption, so you don't need to pay extra premium because of the insured's exemption protection.
If there is a demand for diabetes and the budget is sufficient, you can consider this one;
If your budget is limited and you just want to buy more comprehensive insurance, please read my article: