Do you know about Huaxia Life Insurance? Is Huaxia Life Insurance Reliable?

Huaxia Life Insurance is actually relatively reliable, because Huaxia Life Insurance itself is also an insurance company approved by the China Insurance Regulatory Commission, and Huaxia Life Insurance is a very formal joint-stock life insurance company. There are many insurance products under Huaxia Life Insurance, but no matter which product is actually approved and supervised by the Insurance Regulatory Commission, everyone can buy it with confidence. <>

Huaxia Life Insurance Company is a very formal insurance company, so there will be no fraud or running away with money at all. Even if the insurance company is not good in the future and files for bankruptcy, in fact, the policy we have invested in will still be effective, and the CBRC will also look for a more capable insurance company to take over our policy, which is actually the benefit of a regular insurance company, so when you buy insurance, you must find a regular and reliable insurance company. <>

Of course, Huaxia Life Insurance Company is also a large insurance company, and there are many insurance practitioners, so the professionalism of these insurance practitioners must be uneven. When you buy insurance products, you must have an understanding and cognition of yourself and the product you want to buy, and then you must combine the salesman's analysis of the insurance product to make a comparison, generally or choose the most suitable insurance product for yourself, and sometimes you can't just listen to the sales of those insurance salesmen. <>

The reason why Huaxia Insurance is very powerful is because the registered capital of this insurance company has reached 15.3 billion yuan, as early as 2018, the total assets of Huaxia Life Insurance have exceeded 500 billion, and it can be seen from these data that this insurance company is indeed very good. The insurance company's ability to pay compensation is also very strong, and usually small claims cases may have a payment result within 24 hours, which is particularly efficient.

Huaxia Insurance is reliable, Huaxia Insurance is an insurance company approved by the China Banking and Insurance Regulatory Commission, and will always be supervised by the China Banking and Insurance Regulatory Commission, so it must be reliable and will not deceive people. Some friends may be worried that after buying the products of China Life Insurance, the insurance company will not make a claim, and friends who have concerns in this regard can also take a look at the analysis of this article first: Is it reliable to buy insurance?

Will the insurance company be a rogue and refuse to pay?

In order to deepen everyone's understanding of Huaxia Insurance, let's introduce this company.

1. Company background.

Founded in December 2006, Huaxia Insurance is a national, joint-stock life insurance company approved by the China Banking and Insurance Regulatory Commission, with a registered capital of 15.3 billion yuan, headquartered in Beijing, and currently has 24 directly affiliated branches, a total of 673 branches (including fundraising), and a manpower of nearly 180,000 people.

At present, it has been listed on the Fortune Global 500 list for two consecutive years, and as of the end of February 2023, the company has accumulated a total premium of 100 million yuan, ranking fifth in the market.

2. Insurance on sale.

Huaxia Insurance currently sells a large number of types of insurance, such as critical illness insurance, medical insurance, whole life insurance, annuity insurance, etc.

Among them, Huaxia Ivy Classic Critical Illness Insurance is a popular product of Huaxia Insurance, which provides critical illness protection, hospitalization care allowance insurance benefits, death and total disability terminal illness insurance benefits, and also sets up a variety of optional liabilities for consumers to choose.

The above is some relevant introduction to Huaxia Insurance, in general, Huaxia Insurance's strength in the market is still very good. If you have the idea of applying for insurance in Huaxia Insurance, you only need to choose according to your own situation.

However, there are a lot of things you need to pay attention to when buying insurance, and it is recommended that you take a look at this insurance guide before applying for insurance: before buying insurance, you must first understand these key knowledge points!

Of course, I understand that this is an insurance company with large qualifications and relatively strong funds. This insurance company is very reliable and is a large national enterprise.

I have purchased a Huaxia Life Insurance, and Huaxia Life Insurance is still very reliable and pays out very quickly.

I don't really know much about Huaxia Life Insurance, and this insurance is actually not very reliable.

Reliable. The ranking situation is that the Chinese life is more advanced, but the Chinese are not bad.

Reliability is manifested in:

1. The background and strength of China Life Insurance.

Huaxia Life Insurance Company is a national comprehensive life insurance company initiated by six large and medium-sized enterprises, including China Jing'an Credit Guarantee, Tianjin Port (Group) and Tianjin Expressway Investment and Construction Development Company, and approved by the China Insurance Regulatory Commission.

Founded in December 2006 with a registered capital of 15.3 billion yuan and headquartered in Beijing, China Life Insurance is mainly engaged in life insurance, health insurance and accident insurance, with a staff of more than 500,000 people, and in 2018, Huaxia Insurance's total assets exceeded 500 billion yuan, with a total premium of 230.6 billion yuan, ranking fourth in the industry and advancing to a super-large insurance company.

Huaxia Life Insurance Company has won a series of major awards and honorary titles, such as "Top 10 Independent Innovation Brands in China's Insurance Industry", "Top 10 Financial Institutions with the Most Growth Potential", "Insurance Company with the Best Service", "Top 10 Most Trustworthy Life Insurance Companies in China", "Best Insurance Product Innovation Award", "Best Public Welfare Brand Award", etc., as well as national major honors such as the National Youth Civilization Award, the China Charity Award, and the 40 Brands of CCTV Reform and Opening-up.

In 2019, China Life Insurance Company was successfully listed in the Fortune Global 500, ranking 442nd. In 2019, its original premium income reached 100 million yuan, and the annual claim amount was 100 million yuan, and its comprehensive solvency reached 100 million yuan.

2. China Life's claim settlement method and claim timeliness.

1. Claim method.

Method 1: Call the national unified customer service **95300 to report the case.

Method 2: Inform the offline ** person to assist in the claim.

2. Statute of limitations.

If the application materials are complete, the nature of the case is clear, and no further verification is required, China Life will make a claim decision within 10 working days from the date of acceptance, and inform the customer of the result in a timely manner. Of course, there are also claims settlement time of one or two days, several hours, or even a few minutes, and the fastest claim case of China Life Insurance only takes 3 minutes

Chinese life is better manifested in: there are many types of life insurance products, such as term life insurance and whole life insurance, there are differences in the protection of different types of products, so consumers need to choose according to their actual needs, such as buying whole life insurance, then in addition to the total disability protection of death, it can also be left to the next generation as an inheritance, or the cash value is converted into an annuity as a pension, etc.; Term life insurance, on the other hand, only provides protection, and if there is no insurance at maturity, the insurance contract is terminated, and the premium is not refunded.

The two insurance companies, Huaxia Insurance and Chinese Life, are reliable, both of which are trustworthy and must be strictly reviewed by the China Banking and Insurance Regulatory Commission.

Ultra-complete! Everything you need to know about insurance is here"Ultra-complete! Everything you need to know about insurance is here

1. Background strength.

Huaxia Insurance: Founded in December 2006 with a registered capital of 15.3 billion yuan, Huaxia Insurance is headquartered in Beijing, with nearly 40 million individual customers, nearly 130,000 institutional customers and nearly 190,000 manpower. It has been listed in the Fortune Global 500 for two consecutive years.

As of the end of October 2022, the company has accumulated a total premium of 100 million yuan, ranking fourth in the market.

Chinese Life: Founded in 1949, Chinese Life is a leading financial enterprise and a state-owned super-large financial and insurance company. The company has been selected as one of the Fortune Global 500 companies for 20 consecutive years, jumping from 290th in 2003 to 40th in 2022, and has been selected as one of the top 500 world brands for 15 consecutive years, with a brand value of RMB 100 million in 2022.

2. Solvency.

Solvency is an important criterion to measure an insurance company's ability to settle claims. However, due to the supervision of the China Banking and Insurance Regulatory Commission in 2020, the solvency information on the official website of Huaxia Insurance Company was only disclosed until the first quarter of 2020, and the core solvency adequacy ratio, the comprehensive solvency adequacy ratio, and the comprehensive risk rating have not been updated for the time being. The solvency report of Chinese Life for the third quarter of 2022 shows that its core solvency adequacy ratio is a comprehensive solvency adequacy ratio, and the comprehensive risk rating in the second quarter of 2022 is AAA.

In general, the strength of these two insurance companies is the best, and the choice of products is more important than the choice of insurance companies. The senior sister also arranged an insurance insurance guide for everyone: which insurance is good, how to buy it cost-effective, and teach you to avoid these pitfalls of insurance.

1. Reliable. The ranking situation is that the Chinese life is more advanced, but the Chinese are not bad.

Second, buy insurance reliability:

1.Insurance generally refers to the commercial insurance behavior in which the policyholder pays insurance premiums to the insurer in accordance with the contract, and the insurer bears the responsibility of compensating for the property losses caused by the occurrence of accidents that may occur as agreed in the contract, or bears the responsibility of paying insurance money when the insured dies, is disabled, sick, and reaches the age and time limit agreed in the contract. So, is it reliable to buy insurance?

2.Whether buying insurance is reliable or not depends mainly on the insurance products you buy and the channels through which you buy them.

3.Like the general regular insurance company, the insurance products they launch are safe and reliable, as long as you buy the insurance through the right channels, there is generally no problem.

4.Moreover, the current insurance companies are under the supervision of the Insurance Regulatory Commission, so the commercial activities of insurance companies, such as products, **, and claims, are also under the supervision of the Insurance Regulatory Commission. It can be seen that buying insurance is reliable, after all, there is legal supervision, and the law will protect your rights and interests.

5.If you want to know whether the insurance you buy is reliable, you mainly have to look at whether you meet the insurance conditions and the coverage of the insurance. In addition, if you buy insurance online, you generally will not have a paper policy, so you have to verify whether the policy number is real and valid.

If it works, then it's fine.

6.Of course, there have been many disputes when buying insurance, but most of the problems are caused by not understanding the terms of the insurance and surrendering the policy, so you must pay special attention to these two points before buying insurance.

7.The policy does not cover certain situations, which can be called an exclusion, for example, most insurance policies stipulate that the insured is exempted from driving a motor vehicle under the influence of alcohol.

8.Insurance is protected by law. In China, the Insurance Law expressly stipulates that the signing of insurance is contractual, and the second contract has legal effect and is protected by the Contract Law.

Therefore, the legal attribute of insurance is very strong, it has special legal significance, and insurance is reliable. Insurance is now strongly supported by the state. In the financial industry, insurance, banking, ** are the troika.

Insurance plays a very important role in the process of stabilizing the country's economy and is the stabilizer of the country's society.

Reliable, Chinese life range, better reputation.

Huaxia Life Insurance Company is a national comprehensive life insurance company initiated by six large and medium-sized enterprises, including China Jing'an Credit Guarantee, Tianjin Port (Group) and Tianjin Expressway Investment and Construction Development Company, and approved by the China Insurance Regulatory Commission.

Founded in December 2006 with a registered capital of 15.3 billion yuan and headquartered in Beijing, China Life Insurance is mainly engaged in life insurance, health insurance and accident insurance, with a staff of more than 500,000 people, and in 2018, Huaxia Insurance's total assets exceeded 500 billion yuan, with a total premium of 230.6 billion yuan, ranking fourth in the industry and advancing to a super-large insurance company.

As the company's flagship product, Huaxia Evergain has actually lagged behind the market in terms of product form, and the speed of upgrading is a bit unable to keep up with the pace of the market, and there are currently three main shortcomings:

There is no option to pay for 30 years. As can be seen from the two comparison charts, now the new products of each company have begun to increase the 30-year payment function, and the old five companies have increased the 30-year payment except for the Pacific Ocean.

No secondary benefit for cancer can be attached. Most of the products in the picture do not have a secondary compensation function for cancer, but the truly cost-effective critical illness insurance in the market has an additional secondary compensation function for cancer, which is another successful innovation in critical illness insurance, which effectively solves human problems, such as the first diagnosis of cancer;

The insurance company pays the sum insured, and takes the sum insured to get a good enough **, as long as it can resist for 3 years, you can get another 100% of the sum insured after 3 years. It's a pity that Huaxia Evergain can't add this function, and even Ping An Fu now has this additional insurance function.

Coverage is not flexible enough. It is not possible to choose to purchase whole life insurance separately from critical illness insurance, and it is not possible to choose protection until the age of 70 or 80. Although the products in the table cannot be flexibly selected, most of the truly cost-effective products in the market are available.