Its accident insurance product plan, baby insurance product plan and life critical illness insurance product plan are all cost-effective.
What is the strength of Sino-Italian Life Insurance? What is the performance of its annuity insurance? Let's give you an evaluation!
This article can help you understand the background of China-Italy Life Insurance in advance. If you don't know this, come and have a look:
What about China Life Insurance? Is it reliable? What pits and routines are there?
1. What is the strength of Sino-Italian Life?
1, background strength
Sino-Italian Life Insurance Co., Ltd. was established in 2002, which was jointly established by China Oil and Gas Group Co., Ltd. and Italian Zhongli Insurance Co., Ltd.
At present, Sino-Italian Life Insurance has a registered capital of 3.7 billion yuan and total assets of over 90 billion yuan.
From this point of view, this Sino-Italian life insurance company is still quite young and its strength is not outstanding.
But what is the strength of the joint venture behind it? Now let's pay attention to it.
Italy Zhongli Insurance Co., Ltd.: Zhongli Insurance Company was established in 183 1, and released "202 1 Forbes Global Top 2000" in May, 2002. Zhongli Group ranked 135, making it the largest insurance company in Italy.
As for the strength of China Oil and Gas Group, I don't think my senior needs to say much.
Seeing this, do you feel the strength of China Life Insurance?
2. Solvency
There is an important criterion to measure whether an insurance company has the ability to compensate the insured. This standard is solvency, and it is the lifeline of insurance companies.
Many people still pay attention to this point, because if you want to know whether an insurance company can repay its debts, you must start with solvency.
Whether an insurance company meets the solvency standard depends on whether it meets the following three regulatory requirements stipulated by the China Banking and Insurance Regulatory Commission:
(1) The core solvency adequacy ratio is not less than 50%;
(2) The comprehensive solvency adequacy ratio is not less than100%;
(3) Its comprehensive risk rating is above Grade B..
It can be seen from the repayment report of Sino-Italian Life in the third quarter of 2022 that all three standards of Sino-Italian Life have reached the standard.
However, it is not enough to look at the background strength of insurance companies. Next, let's take a look at the annuity insurance performance of China Life Insurance Company.
2. What is the performance of annual annuity insurance in China and Italy?
Let's take a look at the protection map first:
It is not difficult to see from the above figure that the payment period is limited and the income is average.
Sino-Italian annual annuity insurance has only two short-term payment periods of -3 years /5 years to choose from.
Most annuity products in the market also have a short-term payment period, which can be paid in 10, 20 years or in one lump sum.
Compared with the annual payment of annuity insurance in China and Italy, the payment period can be selected.
Whether the payment period is three years or five years, it will increase the economic pressure of annual payment and disrupt the financial budget that some friends have prepared.
Annuity insurance includes excellent years in China and Italy. Of course, we are more concerned about its income.
My senior did some calculations, and found that the favorite annual annuity insurance income did not meet people's requirements, which also showed that the performance was very average.
Senior sister will talk too much about other things. The following is the detailed income. Friends who want to know can click here:
"202 1 Italy's annual premium annuity insurance real income exposure, how much can you earn in one year? 》
Summary:
The strength of Sino-Italian Life Insurance Company is ok, but the annual annuity insurance in Italy is low in cost performance and comprehensive in protection, so it is not worth buying.
If you want to buy more cost-effective annuity insurance, you can consider other products on the market. Here are some cost-effective annuity insurance for your reference before buying:
"Top Ten Annuity Insurance Rankings ▏ Want to buy high-yield annuity insurance? Don't miss this 10 model again! 》
Write it at the end
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