Senior, let's talk about the difference between Xinhua Life Insurance and Sunshine Insurance, and see which insurance company is stronger. Compare which company's products are more cost-effective?
First, the background analysis of Xinhua Life Insurance
Xinhua Life Insurance Co., Ltd. was established in September, 1996. It is a state-owned listed life insurance company, a direct investment enterprise, and one of Fortune and Forbes Fortune 500 companies. The main shareholders of the company are central huijin Investment Co., Ltd. and China Baowu Iron and Steel Group Co., Ltd. ... 20 1 1, and Xinhua Life Insurance is listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange simultaneously.
In 20021year, Xinhua Life established a nationwide sales and service network with about 1770 branches. The original insurance premium income is very considerable, exceeding160 billion yuan, with total assets exceeding one trillion yuan. It has been rated as "A" by Fitch Financial Strength and "A2" by Moody's for many years.
Knowing the background of Xinhua Life Insurance, let's take a look at its solvency. Solvency is an important standard to measure whether an insurance company has solvency, and to measure whether an insurance company's solvency is qualified, we only need to see whether it meets the following standards stipulated by China Banking and Insurance Regulatory Commission.
The relevant standards stipulated by the CBRC are: the core solvency adequacy ratio is not less than 50%; The comprehensive solvency adequacy ratio is not less than100%; The comprehensive risk level is Grade B or above.
According to the summary of the solvency report of Xinhua Life Insurance in the first quarter of 2022, the core solvency adequacy ratio of Xinhua Life Insurance in the third quarter of 2022 was 14 1.68%, the comprehensive solvency adequacy ratio was 240.74%, and the comprehensive risk rating in the second quarter of 2022 was AA.
It can be seen that the solvency of Xinhua Life Insurance fully meets the relevant standards stipulated by the CBRC. If you want to know more about Xinhua Life Insurance, you can read this article again:
"Xinhua life insurance, ok? The secrets of the company and products are all in this article! 》
Second, what is the strength of Sunshine Insurance?
Sunshine Insurance was established in July 2005. From beginning to end, we have been sticking to our main business, doing finance with an industrial mentality, accumulating the development ability of enterprises step by step, and earnestly fulfilling corporate social responsibility. It is precisely because of this that the company has been among the top 500 Chinese enterprises and the top 100 China enterprises only five years after its establishment. After more than ten years' development, it has become a cutting-edge force in China's financial industry. At present, the Group has a number of professional subsidiaries such as property insurance, life insurance, credit guarantee insurance, asset management and medical care.
Let's look at the solvency of Sunshine Insurance.
According to the summary of solvency report of Sunshine Life Insurance, a subsidiary of Sunshine Insurance in the third quarter of 2022, the core solvency adequacy ratio of Sunshine Life Insurance in the third quarter of 2022 was 1 14.33%, the comprehensive solvency adequacy ratio was 170. 16%, and the latest comprehensive risk rating was AAA.
The following article also introduces the content of sunshine insurance. You can click on the link to get it!
How about Sunshine Insurance Company? Is the product worth buying? The most comprehensive evaluation of the whole network! 》
Third, New China Life PK Sunshine Insurance
1, background
It can be known from relevant information that Sunshine Insurance was established later than Sunshine Insurance. With the help of years of creation, it has entered the world's top 500 enterprises. Although Sunshine Insurance was established for a short time, it is also one of the top 500 enterprises in China with considerable strength.
2. Solvency
According to the latest solvency data of Xinhua Life Insurance and Sunshine Insurance, the solvency of both companies meets the relevant standards stipulated by the CBRC. Although the solvency of Sunshine Insurance lags behind Xinhua Life Insurance slightly, it still exceeds the standard line. In addition, the China Banking Regulatory Commission (CBRC) checks for consumers, no matter which insurance company you choose, it is reliable.
3. New China Life PK Sunshine Insurance
At this time, Xinhua Life Insurance is selling a comprehensive range of insurance, including health insurance, accident insurance, life insurance and annuity insurance, which can be said to cover a wide range. For example, Fusheng's leisure and serious illness insurance plan and life annuity insurance are all mainstream products at present.
At present, Sunshine Insurance covers health insurance, accident insurance, life insurance and property insurance. , as well as its sunshine I life critical illness insurance (exclusive to the Internet) and sunshine I life insurance. Sunshine orange term life insurance is also a product with good reputation.
Let's take abundant life annuity insurance and sunshine I life critical illness insurance (Internet only) as examples to evaluate it for friends!
Let's take a look at the protection map of the abundant life annuity insurance of Xinhua Life Insurance:
As can be seen from the data in the protection chart above, Fuxiang Jinsheng's life annuity insurance provides five payment cycles: wholesale payment, 3-year payment, 5-year payment, 10 payment and 20-year payment.
Among them, batch payment refers to paying all the premiums at one time, which will bring greater payment pressure to the insured and is more suitable for partners with sufficient budgets;
3/5/ 10/20 years payment is included in the future payment. Even if the insured wants to buy a higher amount of insurance, the premium per period is relatively favorable, which is more suitable for friends with insufficient spare money.
This is actually friendly to many policyholders.
However, it should be noted that Fusheng life annuity insurance does not guarantee total disability, which means that if the insured is totally disabled, it is not covered by this product.
Let's take a look at the protection map of Sunshine No.1 lifelong critical illness insurance (online exclusive):
As can be seen from the above figure, Sunshine No.1 lifelong critical illness insurance (Internet-specific) supports the protection of severe/moderate/mild illness, while most of the critical illness insurance products on the market generally only protect the severe and mild illness, without the protection of moderate illness. It can be seen that the coverage of Sunshine No.1 lifelong critical illness insurance (Internet-specific) is still very rich.
Moreover, Sunshine No.1 lifelong critical illness insurance (Internet-only) also includes the protection of children's specific diseases.
Simply put, if the insured is diagnosed with a child-specific disease guaranteed in the contract for the first time before the age of 18, the insurance company will pay an additional 50% of the basic insurance amount. After all, once a child is unfortunately suffering from a special disease, ordinary families can't afford the follow-up treatment. Getting this guarantee really makes people feel safe in an instant.
If you want to know more about this product, here is an evaluation article about Sunshine I's life critical illness insurance (Internet only), which can be obtained by clicking:
"Sunshine, I guarantee that the Internet lifelong critical illness insurance is worth buying? These places need attention! 》
Generally speaking, the strength of Xinhua Life Insurance Company and Sunshine Insurance Company is very strong, and if you want to know which insurance company's products are worth starting with, you should decide which product to choose according to your own needs.
Write it at the end
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