If you want to buy an insurance for your son, is it safe or good for Chinese life

If you compare the plan, you will know that the Chinese life is good, the service network is the most in the country, and the service is the most convenient. The most types of diseases are covered, and mild illnesses are waived, and the policyholder is exempted, and the premiums are cheaper than those that are not waived. The best choice!

Insurance companies are reliable and are managed by the CIRC.

In fact, every company is about the same, the main thing is that kind of protection effect you want.

Xueba says insurance, to help you avoid all the pitfalls of buying insurance for your children! This year, the comparison table of 136 hot-selling children's critical illness insurance has been updated

Click on the blue word to claim it immediately.

How to buy insurance for your child

First, take care of the medical insurance first!

Newborn medical insurance can be handled immediately after the child is registered, whether it is a major illness or a minor illness, the basic medical insurance is particularly important, so this must be handled for the child.

Second, commercial insurance gives priority to critical illness insurance + medical insurance + accident insurance.

Start with critical illness insurance, which provides coverage for a long time (up to a lifetime). Secondly, critical illness insurance pays cash directly after getting sick, which can not only solve the problem of medical expenses, but also solve a lot of additional expenses caused by illness, such as falling behind due to illness, or some irreparable losses in subsequent life, which require a lot of cash to make up. Buying a pure protection critical illness insurance can solve these problems in the future.

In addition, medical insurance can be used to reimburse the medical expenses of children's usual medical treatment, for example, with a 0 deductible hospitalization medical insurance, the sum insured of 10,000 yuan, and the annual premium is only one or two hundred yuan, which is not expensive and very useful.

Finally, let's look at accident insurance, the child's accident insurance is very cheap, and the insurance amount of 20w only needs sixty or seventy yuan per year, which can cover the child's accidental death, disability and medical expenses caused by the accident comprehensively, not expensive, and very useful.

Third, what are the insurance policies that are not recommended for children?

Don't buy life insurance for your children, and try not to attach both-both-to critical illness insurance. I know the specific reasons in this articleTeach you how to buy insurance for your child!

has been introduced in detail, because it has been clearly stated in the manuscript, I will not say too much here.

According to the above insurance ideas, if you are configuring regular protection for your child, you can configure it comprehensively for about 1,000 yuan per year, and if you buy lifelong protection, it is only two or three thousand per year, which is low and real.

That's all for me"If you want to buy an insurance for your son, is it safe or good for Chinese life"All of them, I hope it helps you! Hope!

Hello, Chinese Life Insurance and Ping An Insurance are both large insurance companies worthy of everyone's trust.

1. Chinese Life Insurance.

Chinese Life Insurance is one of the earliest enterprises operating insurance business in China, and its predecessor was established in 1949 with the approval of ****.

With a registered capital of 100 million yuan, it is one of the Fortune Global 500 and the world's top 500 brands.

By the end of 2021, there were a total of 19,103 service organizations, with about 100 million valid long-term individual and group life insurance policies, annuity contracts and long-term health insurance policies, providing insurance services and value-added services to more than 500 million customers.

2. Ping An Insurance.

Ping An Insurance is the world's largest insurance group by assets, founded in 1988.

In 2020, it ranked 21st in the Fortune Global 500.

It has been ranked "China's Most Respected Enterprise" for 19 consecutive years and ranked first in the "2020 Top 100 Most Valuable Insurance Brands in the World".

There are several reasons why you can choose to increase whole life insurance for your child's education insurance:

1. Earnings are safely determined.

Incremental whole life insurance plans increase the sum assured at a fixed interest rate year over year, countering the trend of declining interest rates.

And the cash value will continue to increase every year.

After the insurance is successful, the annual cash value will be written into the terms and conditions of the contract in black and white, and there is no routine, which is suitable for financial novice operations.

The cost of education is a rigid expenditure, so this money needs to be determined safely, not affected by investment turmoil, and ensure that children have money to study.

The cash value of incremental whole life insurance is safely determined, and with the blessing of time, it will become more and more considerable, and there is no need to worry about high education expenses in the face of high education expenses when there is a certain amount of upfront investment.

2. Funds can be received flexibly and can be used at any time.

After the end of the payment period or after the contract takes effect, you can apply for a reduction in insurance to receive money, and you can decide freely when to get the money and how much money you get, which is more flexible than other education annuities.

It also supports policy loans, which can generally borrow up to 80% of the cash value of the policy.

If you need cash flow, but do not want to surrender the policy, you can solve it through a policy loan.

3. Regular savings and long-term financial management.

Incremental life is a great savings tool to support long-term contributions.

Parents can save in installments, save a sum of money regularly every year, and in the case of relieving stress, they can plan education funds for their children, or it can be regarded as long-term financial management.

4. Take into account other expenses.

Raising a child is a long-term process, from birth to school, and even starting a family, it is a matter of concern for parents.

I hope to do my best to give some help to my children.

Compared with the traditional education annuity, the use of funds for increased whole life insurance is more flexible, not only as an education fund, but also as a start-up fund, wedding fund, etc.

Hope daddy's is helpful to you!

Xueba talks about insurance, focusing on insurance evaluation! Remember to compare other products before buying children's insurance, I have sorted out some products suitable for children to buy, if you need it, you can click on the original article to view:"Which insurance is suitable for children aged 0-18".

Buying insurance is mainly to buy protection, the key depends on how the product is, and the insurance company is not very related, if you have to compare these two companies, then I will analyze it in detail for you from the following angles.

There are many types of children's insurance, mainly education and protection insurance, specifically children's critical illness insurance, children's accident insurance, children's medical insurance, children's education insurance, etc.

Ping An's products are still okay, and the old big companies are also convenient for claims.

But all of its products have one drawback in common:The cost is high and the cost performance is not good。Especially these ones, I really don't recommend them:"Ten Ping An Insurance Products Least Worth Buying".

The more popular Xiaofuxing 20, buy a lifelong insurance amount of 500,000 yuan, pay for 20 years, and pay 5,450 yuan per year, and most of the people on the market only need more than 2,000 yuan.

Moreover, the insurance amount of this product is very low, and the average compensation ratio of many critical illness insurance on the market is 30%, and some products can also pay up to % or even higher, and the compensation amount of this product is only 20% of the basic sum insured, which is really not cost-effective.

Let's talk about the children's peace and happiness mentioned by many people, its mild symptoms are also only 20%, and it is more expensive. A 0-year-old boy buys 500,000 yuan of insurance, which is guaranteed for life, and is paid for 20 years, all of which require 7,050 yuan. Buying a critical illness with multiple claims may not be at this price.

It is generally not recommended to buy it if you don't have a large budget, but if you like Ping An products very much, I recommend Xiaofuxing between Ping An Fu and Xiao Fuxing. At least, buying a small lucky star 20 is still cheaper than children's peace and happiness.

Since there are too many products of Ping An, you still have to choose which insurance to buy according to your own needs.

That's all I have for this issue, I hope it helps. Hope!

Ping An Life and Chinese Life are both insurance companies with strong comprehensive strength in China, and the overall strength is comparable, both are very good, and many insurance products are worth everyone's consideration.

1. Ping An Life.

Ping An Life, founded in 2002, is one of the subsidiaries of Ping An Insurance Co., Ltd. of China, headquartered in Shenzhen.

As of the end of 2020, Ping An Life had a registered capital of RMB 33.8 billion, 42 branches, more than 3,300 business outlets, more than 1 million life insurers, and a nationwide service network.

I have also made a detailed analysis of Ping An Life's strength, products, etc

How about Ping An Life, what products are there, which ones are good, and what are the issues worthy of in-depth analysis?

According to the information disclosed by the China Banking and Insurance Regulatory Commission, Ping An Life's core solvency adequacy ratio in the third quarter of 2022 is 250%, and the latest comprehensive risk rating is BB, which meets the requirements of the CBIRC.

2. Chinese life.

Chinese Life Insurance is a state-owned super-large financial and insurance enterprise company, which is a leading financial enterprise headquartered in Beijing.

Founded in 1949, Chinese Life Insurance has a comprehensive business scope covering life insurance, property insurance, ** and other fields, with annual income premiums of up to hundreds of billions.

How is Chinese life, what products are there, and is it good?

In terms of solvency, according to the information booklet disclosed by Chinese Life, the company's core solvency adequacy ratio and comprehensive solvency adequacy ratio in the third quarter of 2022 are AAA in the latest comprehensive risk rating, which fully meets the standards of the CBIRC.

Finally, different age groups, different economic incomes, future expectations, etc., will affect the insurance plan, if you want to know what kind of insurance you are suitable for, you can look at the insurance plan I wrote before:

How to buy insurance for different age groups? Everyone should have their own plan

That's all there is to it, hope.

Ping An and Life are both very good, I can't say which one is better, from different aspects, the rankings of the two are different.

Ping An Life, founded in 2002 with a registered capital of RMB 33.8 billion, is one of the subsidiaries of Ping An Insurance and the second largest life insurance company in China in terms of scale premiums.

Chinese Life Insurance Group, formerly known as the former Chinese People's Insurance Company, was born in 1949, and the consolidated total assets of the group company will exceed 6 trillion yuan in 2022. At present, it has been selected as one of the Fortune Global 500 companies for 20 consecutive years, and its ranking has jumped from 290th in 2003 to 40th in 2022.

From the perspective of background and scale of establishment, Chinese life is slightly better. The senior sister also compared their solvency, if you want to know, you can see this article: the solvency ranking list of the most complete insurance companies in 2023!

In fact, no matter which insurance company it is, as long as it is under the supervision of the China Banking and Insurance Regulatory Commission, it is reliable, and there is no need to worry about the problem of not making claims in case of insurance. As long as the conditions for compensation are met, the insurance company will generally settle the claim. If the insurance company refuses to pay the claim unreasonably, we can apply to the insurance company for a complaint, or complain to the China Banking and Insurance Regulatory Commission.

Even if the insurance company fails, the CBIRC will require the policy to be transferred to another company as soon as possible, and the policy will not be greatly affected, and the insurance can still be claimed. Generally speaking, insurance companies will not be so easy to go out of business, and those who are worried about imitation beams can read this article to understand: The insurance company is bankrupt, what should I do with the insurance I bought?

To buy insurance, it is mainly necessary to look at the protection content of the product. For example, when purchasing critical illness insurance, we should pay attention to whether it provides mild to moderate illness corresponding to high-incidence diseases. If you suffer from mild to moderate illness of a high-incidence disease, but do not have relevant coverage and do not meet the claim conditions, then you will not be able to get a claim.

If you are provided with a high incidence of illness to cover mild to moderate illness, you may have the opportunity to receive more benefits. At present, the best critical illness insurance in the market can reach 30% and 60% of the basic sum insured for mild and moderate illnesses respectively, and some will also provide additional compensation for mild and moderate illnesses. Senior sister has sorted out ten excellent critical illness insurance, interested partners can take a look:

Top 10 Popular Critical Illness Insurance Points Worth Buying!

Both Pingli Xian Sui An and Life Insurance have good insurance products, and how to choose depends on your needs and budget.

The key to buying insurance is not to choose an insurance company, but to choose the right product. After all, what to insure and how to pay compensation are stipulated in the terms, and the insurance company only acts according to the contract when making a claim, so you might as well shop around and choose the best insurance.

If you don't know how to buy insurance, it is recommended to collect this insurance strategy Paipei: which insurance is good, how to buy limbs is cost-effective, and teach you to avoid these pitfalls of insurance.

According to the "Insurance Law of the People's Republic of China" and other relevant laws and regulations, the registered capital of an insurance company is at least 200 million yuan, and it is still paid-in, that is to say, when registering an insurance company, it is necessary to pay at least 200 million yuan in full to the designated account At the same time, the laws and regulations stipulate that insurance companies underwriting life insurance are not allowed to go bankrupt privately, and there will be a "back-up" takeover by the China Banking and Insurance Regulatory Commission, so you can rest assured

In fact, in the insurance industry, insurance companies are only famous for their size, and companies with a large reputation can give customers some psychological security, while companies with a small reputation can only rely on the cost performance of products to occupy the market to make up for this part of the sense of security. Of course, each company will have its own star product. So buying insurance still comes down to itproductsCome up, if the product is good, then regardless of the company's reputation, you can rest assured that you can insure, if the product is not good, then you are advised to dispel the idea as soon as possible.

Many insurance products can easily be paid for decades, so why not choose carefully and plan carefully?

If you don't know so much about insurance, it is recommended that you contact a professional insurance brokerage company to plan an insurance plan for you, and we will choose the insurance products available on the market for you from the perspective of an independent and impartial third party You can also click here to click on me to intelligently calculate the protection plan that suits you