AIA and China Life are relatively large companies, each with its own advantages. If I have to ask which is better, I will simply analyze it.
Look at AIA first.
AIA is a well-known company with comprehensive strength superior to most insurance companies.
People will ask about this company, but mainly know about its products.
Because AIA has many products, I won't analyze them one by one here, but only one of their main products:
The advantages of this product are:
1. It can pay an additional 50% of the basic insurance premium for six high-risk diseases, such as specific cancer, end-stage renal disease, coronary artery bypass grafting and sequelae of stroke.
2. The guarantee content is more flexible than other products, and you can choose to add multiple claims for serious illness or cancer.
There are still some improvements in this product:
The most obvious point is that it is expensive! As a single payment of critical illness insurance, the price is more expensive than most critical illness insurance. In this article, I have made a detailed analysis of more deficiencies, which can be seen as follows: (1) Inventory of popular critical illness insurance that the top ten insurance companies are worth buying!
Generally speaking, this one is more suitable for friends who have sufficient budget and prefer AIA brand.
If you are a friend who pursues cost performance, here are several critical illness insurance with high cost performance: the inventory of critical illness insurance of the top ten insurance companies "worth buying"!
Let's take a look at China Life.
AIA has a long history.
AIA first came to China at 19 19, but actually it didn't take root until 1992. At present, AIA is headquartered in Hongkong, China, and set up a branch in Shanghai in the same year. In terms of time, it can be regarded as a century-old enterprise.
Second, AIA became the only wholly foreign-owned insurance company in China.
It is precisely because AIA was established early that it successfully circumvented the restriction that the proportion of foreign capital should not exceed 50% of the company's total share capital and became the only wholly foreign-owned insurance company in China.
Third, AIA solvency analysis
Solvency refers to the ability of insurance companies to repay debts, which embodies the relationship between assets and liabilities and is the lifeline of insurance companies.
The newly announced core solvency in 2020 is as high as 464.37%, which shows that the company has abundant funds and does not have to worry about bankruptcy.
So, besides AIA, which insurance companies meet the solvency standards? You can take a look at this: the latest list! Top Ten Insurance Companies in China
4. What AIA products are cost-effective?
AIA's main types of insurance include critical illness insurance, life insurance, medical insurance, accident insurance and other personal insurance, as well as annuity insurance and financial universal insurance. Let's look at the picture together:
Whether AIA is worth buying or not cannot be generalized. Through the analysis of product form, cost performance and other aspects, I briefly introduce a product, taking "Quanyou Xianghui 20 19", the critical illness insurance currently promoted by AIA, as the evaluation object:
Advantages:
1. Adequate basic protection: 100 60 kinds of severe diseases include high incidence of severe diseases and mild diseases, including death and total disability protection;
2. Additional protection is flexible and optional: you can choose to add multiple compensation for serious illness, multiple compensation for cancer and accidental injury protection.
Insufficient:
1. The minor illness guarantee has invisible grouping; The proportion of the first two payments is low; And the lack of protection for middle-aged diseases.
2. The cost performance is not high, and the premium burden is heavy, which is not suitable for working families to buy.
Generally speaking, AIA still has strength and strong background, but there is still a big gap compared with domestic first-line brands. Buying insurance can't just look at the company, but more importantly, pay attention to the product itself. Recommend popular similar products: the latest list! Top Ten Insurance Companies in China