Is China Insurance PICC car insurance and life car insurance the same?

Chinese People's Property Insurance Co., Ltd. (PICC P&C, referred to as "Chinese People's Insurance Company.

It was approved by the China Insurance Regulatory Commission and was established by Chinese People's Insurance Group Corporation in July 2003.

Initiated the establishment of a property insurance company.

Chinese Life Property Insurance Co., Ltd. **** is *** consent, China Insurance Regulatory Commission approved, Chinese Life Insurance (Group) Company.

For related business, you can call 95511-1, Ping An Auto Insurance and Property Insurance can call 95511-5, Ping An Pension Insurance can call 95511-6, and Ping An Health Insurance can call 95511-7.

China Insurance (PICC) car insurance and life car insurance are not the same.

Extended Materials. 1. The premium of the insurance company can be divided into two parts:

1.The net premium is used by insurance companies for claims and investment, mainly including risk premiums and savings premiums. Premiums at risk:

It is specifically used to cover claims incurred during the period of coverage, which cannot be specifically determined, but can be approximated. Savings premium: This part is set aside by the insurance company to earn investment income.

2.For insurance companies, it is necessary to take into account the rent of the venue, the salaries of employees, computer IT equipment, huge advertising investment, sales commissions, etc. In addition, insurance companies should also reserve a part of the profits, and the specific amount to keep is related to the business strategy of the insurance company.

There is no absolute right or wrong between these two strategies, just the difference in competition between different companies. Therefore, the difference between the products of different companies is determined by various factors such as operating costs, sales strategies, historical background, etc., and the results obtained through complex calculations cannot be generalized.

Second, many insurance companies have backgrounds. Register an insurance company with a minimum paid-in capital of 200 million yuan, all of which are real gold**. In the real world, it is basically difficult to do without 2 billion.

It's not enough to have money, not only to look at the background, but also to slowly queue up to go through the formalities. It is said that there are more than 200 insurance companies waiting in line for approval. However, whether to approve or not, it is up to the CBIRC to decide how many to approve:

In 2016, 12 were approved, 6 were approved in 2017, and only 1 was approved in 2018, which is still a joint venture of JD.com. Insurance companies can not be opened by cats and dogs, nor can they be done with money, behind which there is not only a game of capital, but also strong supervision and requirements. It is not easy for companies to enter the insurance market.

3. The China Banking and Insurance Regulatory Commission (CBIRC) has strict supervision over insurance companies from registration to bankruptcy.

Article 100 of the Insurance Law clearly stipulates that all insurance companies must pay insurance protection**. The biggest role of insurance protection** is to bail out insurance companies when they are revoked or declared bankrupt.

But in reality, insurance protection** is often intervened in advance, rather than waiting until the insurance company goes bankrupt.

Chinese Life Auto Insurance and PICC are two insurance companies.

PICC is (Chinese People's Property Insurance Company).

It's not the same.

But you. If there are more than 2 accidents, you can still be insured by the National People's Insurance in China.

But it's going to be **20%.

Tax rate.! You can still apply for insurance at the PICC.

Details can be with them.

China Insurance Car Insurance and PICC Car Insurance are the same, there is no difference! Full name: Chinese Property Insurance Company, abbreviation: China Insurance, PICC or PICC Property Insurance are all one!

Hope you are satisfied! And give me extra points! Thank you!

Not one. Life Insurance started as a life insurance company. It can be said that the insurance industry is a giant born under the national policy.

Now it's time to do property insurance. Car insurance is property insurance. His car insurance is just starting out and is not very mature in all aspects, but with his deep pockets.

Sooner or later, you have to grow up.

Are China Insurance and PICC an insurance company.

Chinese Life and PICC Property Insurance.

It was the same house until 1996, and then it was separated. The full name of Chinese Life Allocation is Chinese Life Insurance Shares****.

It is mainly engaged in life insurance. The full name of PICC Property Insurance is Chinese People's Property Insurance Co., Ltd. Branch Confession****.

Mainly engaged in property insurance. The difference between property insurance and binge life insurance is:

1. The subject matter of insurance is different, and property insurance takes property and related interests as the subject of insurance; Life insurance is based on the life of a person;

2. The payment method is different, and the property insurance shall compensate according to the value of the damaged property, and pay for the repair and repair costs of the damaged property that is basically restored to its original state, so that it can be basically consistent with the same kind of property; Life insurance is a benefit insurance, as long as there is an insured accident agreed in the insurance contract;

3. The conditions for the payment of insurance money are different, and the property insurance shall pay the insurance money when the property is lost due to the occurrence of the insured accident; Life insurance takes the life and death of a person as an insured event, and pays the insurance premium when the insured event occurs;

4. Different classifications, property insurance with property or interests as the subject of insurance;

5. Life insurance includes term life insurance, whole life insurance, survival insurance, life and death insurance, and endowment insurance.

Life Insurance and PICC are not one insurance company, Life Insurance refers to Chinese Life Insurance, and PICC refers to Chinese Insurance, which are two different insurance companies.

So which of these two insurance companies is stronger? And look at the following analysis: What is the relationship between Chinese Insurance and Life Insurance? Whose strength is more eye-catching?

Chinese Insurance Company is a comprehensive insurance (finance) company, mainly engaged in property insurance, life insurance, reinsurance and other businesses, and its subsidiaries are PICC property insurance, PICC life insurance, PICC assets and so on.

Chinese Life is a state-owned super-large financial and insurance company, and its business covers life insurance, property insurance, enterprise and occupational annuity and other fields. It has subsidiaries such as Chinese Life Insurance, Chinese Life Property Insurance, and Chinese Life E-commerce.

In everyone's eyes, insurance companies like Chinese Life are so-called "big companies", and Chinese Insurance is not a "big company".

But in fact, it is not that the so-called "big companies" are necessarily good, and the strength of insurance companies that can become successful in China is very strong.

Because if you want to set up an insurance company in China, you not only need to be very rich and powerful, but also require managers to know how to manage, and after its establishment, it must also be subject to the seven major supervision of the China Banking and Insurance Regulatory Commission.

Moreover, the so-called "big companies" pay more attention to the brand, and the so-called "small companies" pay more attention to the product, and they still have to choose according to everyone's needs when applying for insurance.

If you want to know more about this aspect, you can see: Is it better to buy insurance for a large company or a small company?

Among the seven major regulations of the China Banking and Insurance Regulatory Commission, one of them is closely related to the insured's claims rights, that is, solvency.

Solvency reflects whether an insurance company has the ability to settle claims when the insured is out of insurance, and if the solvency is met, it means that the insurance company has the ability to make claims.

According to the regulations of the China Banking and Insurance Regulatory Commission, the core solvency adequacy ratio should not be less than 50%, and the comprehensive solvency adequacy ratio should not be less than 100% and the comprehensive risk rating should be B or above to be considered to meet the standard.

Therefore, when choosing an insurance company, you can also take solvency as a point of reference.

1. The main business direction is different

Life insurance, its main life insurance, and from the perspective of the monthly premium income announced by the China Banking and Insurance Regulatory Commission, China Life is often the first in Oak and Bank;

PICC, its main property insurance, especially its auto insurance, occupies one-third of the auto insurance premium market, and kills the property insurance of other insurance companies with many advantages such as the largest number of outlets, the fastest claim settlement, and high cost performance.

2. The name of the company is different

The full name of Chinese Life Insurance (Group) Company is Chinese Life;

The full name of Chinese Insurance Group is Chinese People's Insurance Group Shares****.

3. The time of establishment is different:

The establishment of Chinese Insurance Company in Beijing on October 20, 1949 marked a new page in China's insurance industry.

Chinese Life Insurance** was set up as China Insurance Company in 1996 and renamed as Chinese Life Insurance Company in 1999. In 2003, with the consent of *** and the approval of the Insurance Regulatory Commission, the former Chinese Life Insurance Company was reorganized and restructured into Chinese Life Insurance (Group) Company.

Life Insurance and PICC are not the same insurance company.

Life Insurance refers to the old failure of the Chinese Life Insurance Group, and PICC refers to the Chinese People's Insurance Group, which are two completely different insurance companies.

Both of these insurance companies have a long history, strong assets, and are very reliable.

Hello, Life Insurance and PICC are two different insurance companies, and both are ** state-owned enterprises, the difference between the two is mainly in the main direction of business: 1. Life Insurance, that is, Chinese Life Insurance Company, its main life insurance, and from the monthly premium income announced by the Banking and Insurance Regulatory Commission, China Life is often the first; 2. PICC, that is, the Chinese People's Insurance Company, its main property insurance, especially its car insurance, occupies one-third of the auto insurance premium market, and kills the property insurance of other insurance companies with many advantages such as the largest number of outlets, the fastest claim settlement and high cost performance. 1. The essence of car insurance:

Motor vehicle insurance, also known as automobile insurance (referred to as car insurance), refers to a kind of commercial insurance that is liable for personal or property damage caused by natural disasters or accidents caused by natural disasters or accidents. 2. The essence of life insurance: life insurance is a kind of life insurance, referred to as life insurance, which refers to life insurance with the survival or death of the insured as the condition of payment.

I hope my answer is helpful to you.

Chinese Life Insurance.

And PICC is not a company.

People's security is called Chinese People's Property Insurance Shares****.

The full name of life insurance is Chinese Hu Demolition Life Insurance Shares****. The Central Hall of the People's Property Insurance Co., Ltd. **** is a Chinese People's Insurance Group Co., Ltd. ****.

The core members and the iconic main business. Chinese Life Insurance Co., Ltd. **** is an important member of Chinese People's Insurance Group.

Property damage insurance can be mainly divided into enterprise property insurance, family property insurance, foreign-related property insurance, cargo transportation insurance, transportation insurance, agricultural insurance, engineering insurance, etc.; Liability insurance: Liability insurance can be mainly divided into public liability insurance, product liability insurance, employer's liability insurance, professional liability insurance, and third-party liability insurance.

Wait; Credit guarantee insurance: Credit guarantee insurance can be mainly divided into contract guarantee insurance, product guarantee insurance, commercial credit guarantee insurance, export credit insurance, etc.

It's not the same. There is a difference between Chinese Life Insurance and Chinese Life Insurance, the name is different, and the full name of Chinese Life Insurance is Chinese Life Insurance Company.

The full name of Chinese Insurance Group is Chinese People's Insurance Group Shares****.

The time of establishment is also different, Chinese Life Insurance was established in Beijing on October 20, 1949, while Chinese Life Insurance was divided into China Life Insurance **** in 1996, renamed Chinese Life Insurance Company in 1999, and then in 2003, it was reorganized and restructured to establish Chinese Life Insurance Company; The important thing is that the main business is different, Chinese Insurance is mainly engaged in property insurance business, while China Rubber Life Insurance is mainly engaged in life insurance business.

Chinese Insurance is mainly engaged in property insurance business, Chinese Life is a large state-owned financial and insurance group, business Fan Xin Huaiwei covers life insurance, property insurance, enterprises and occupational annuities.

Banking, asset management, wealth management, industrial investment, overseas business, Jianliang Tan Yukang pension and other fields.

PICC and Chinese Life Insurance are not the same now. Before 1996, the two were collectively called Chinese People's Insurance Company, and later because of the separate operation of insurance, Chinese People's Insurance Company was mainly engaged in property insurance, and Chinese Life Insurance Company was mainly engaged in life insurance.

Chinese Life Insurance (Group) Company is (China Life). PICC is a Chinese property insurance company, referred to as "Chinese Property Insurance".