How about Xinhua s critical illness insurance

First of all, let's find out how about Xinhua Insurance, an insurance company.

Founded in September 1996 with a registered capital of 100 million yuan, New China Insurance is a state-controlled listed life insurance company and a directly managed enterprise of China Investment Corporation. The core solvency adequacy ratio for the first quarter of 2022 and the composite solvency adequacy ratio were rated A for the fourth quarter of 2021. From the perspective of background and solvency, the strength of Xinhua Insurance is still very good, and the solvency indicators are much higher than the minimum indicators.

There are so many critical illness insurances under New China Insurance that it is impossible to list them all. At present, the more popular ones such as health new, health worry-free C6 model, multi-fold protection beyond version, etc., as far as health new critical illness insurance is concerned, it not only provides mild and moderate illness protection, but also provides children's specific disease protection, death protection, etc., but the insurance age range of this product is small, the maximum insurance age for men is not more than 56 years old, and some products on the market can reach up to 65 years old. In addition to some other details, if you want to know more about it, please see this article:

2022 New China Life [Health New Critical Illness Insurance] is really that godly? Stop daydreaming!

When buying critical illness insurance, we should not only look at the insurance company, but also look at the content of the insurance. Does the benefit include mild to moderate illness coverage for high-incidence critical illness? Is there a multiple claim for critical illness?

Are there any additional benefits? Good critical illness insurance often has mild to moderate illness protection corresponding to high-incidence critical illness, and the payout ratio is quite good, as well as other advantages such as optional death benefit, optional premium waiver, etc. 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!

Xinhua's critical illness insurance is reliable, but the specific value is not worth buying, it depends on everyone's needs and actual situation. Xinhua's critical illness insurance includes health benefit critical illness insurance, multi-time pilot critical illness insurance, etc., which you can choose according to your own needs.

Hello, Xinhua Insurance Company has critical illness insurance, but to buy insurance should not only pay attention to the value of the insurance company, but more importantly, to buy the right insurance, it is recommended that you still combine your actual situation to the insurance company to compare and choose the right insurance products, buy the right insurance is a good insurance, here is a reference link for you: (how to buy critical illness insurance).

Xueba talks about insurance, focusing on insurance evaluation! I have made a comparison between Xinhua's critical illness insurance and the popular critical illness insurance on the market, if you are interested, you can take a look"Comparison Table of 136 Popular Critical Illness Insurance in China".

There are a lot of critical illness insurance of Xinhua Insurance, such as the main multi-fold insurance, health carefree, etc., but generally speaking, ** is not low, to buy enough insurance, the budget required is high, like health carefree C1, 30 years old to buy 300,000 insurance amount, more than 10,000, ordinary working families really can't afford it, it is recommended to take a look at it and compare other products. (The comparison table between Xinhua Critical Illness Insurance and other popular critical illness insurance is below, and you can collect it yourself.) ）

Although Xinhua has experienced some ups and downs, it is still one of the top insurance companies in China. He is mainly engaged in life insurance, annuity insurance, health insurance and other life insurance businesses.

Asking how the company is is is simply to know how the company's insurance is. In general, the insurance products of this house can still be bought, but they are a little high. However, it is important to pay attention to individual insurance products. For example, their family's more popular critical illness insurance - Health Carefree C1

HealthCare C1 is a single-payout critical illness insurance that provides the following benefits:

As can be seen from the figure, the Healthy C1 has the following advantages:

1. If you are unfortunately diagnosed with a critical illness or passed away within the first 10 years of the policy period, the insurance company will give you an additional 20% of the basic sum assured.

2. If you have the 6 specified critical illnesses, such as brain cancer and leukemia, you can also get an additional compensation of up to 20%.

But this product still has certain flaws:

1. Expensive is the primary problem of this product. The premium of 10,000 yuan is not something that the average working family can afford.

2. The claim amount of mild illness insurance is much lower than that of most products on the market. The payout amount for mild illness of this product is only 20% of the basic sum insured, which is honest, not worth it.

This is a list of critical illness insurance that is worth buying, ** and more conscientious, you can take a look if you need it:Top 10 Popular Critical Illness Insurance Points Worth Buying! 》

In order to give you a better comparison, I have compiled a list of critical illness insurance products that are not cost-effective, and you should be cautious when seeing these products:Top 10 [Not Worth Buying] Critical Illness Insurance! 》

That's my insight on this issue, and I hope it will be useful to you. Hope!

It is highly recommended that you read this detailed comparison table between Xinhua Insurance's critical illness insurance and domestic critical illness insurance before purchasing Xinhua Insurance's critical illness insurance products: a comparison table of 136 popular critical illness insurance in China.

Xinhua Insurance has been established for more than 20 years now, and is a well-known insurance company in China, with a large scale and many branches. The company is mainly engaged in various types of life insurance business such as critical illness insurance, life insurance, and annuity insurance.

The overall level of critical illness insurance of Xinhua Insurance's products is okay, except for the more expensive, there seems to be nothing else; But there are also mixed results.

From the product content, we can probably draw the following advantages:

1. Those who have been diagnosed with a critical illness or died in the previous ten years can get it120% of the basic sum assured.

Unfortunately, he suffered from 6 specific diseases such as brain cancer and pancreatic cancerYou can also get 120% of the basic sum assured.

And its disadvantages are:

1. The cost performance is not high. I have to pay more than 10,000 yuan a year, which is not cost-effective; The same premium of about 10,000 yuan can buy multi-claim critical illness insurance with more comprehensive protection.

2. The proportion of compensation for mild illness is lowMany critical illness insurance companies in the market have an average payout ratio of 30% or even %. This payment pays 20%, sorry for the more than 10,000 premiums.

All things considered, the cost performance of critical illness insurance of Xinhua Insurance is indeed not good, and a number of cost-effective critical illness insurance products have been sorted out some time ago, which may wish to refer to the following:Top 10 Popular Critical Illness Insurance Points Worth Buying!

Q: What about Xinhua's critical illness insurance? Answer: In the sense of insurance, they are all good things, because they are not bought if you have money, and the observation period of Xinhua's products is usually 1 year, and we are 90 days.

Q: How about Xinhua 2014 Critical Illness Insurance, okay? A:

It's good to buy it, it's not good if you don't buy it! Protection insurance is almost the same, if you don't have a similar product, you can buy anything. If you buy a second product, you have to consider the issue of coverage at the beginning.

When people buy critical illness insurance, they are very concerned about the insurance company and hope to buy critical illness insurance from a well-known insurance company.

New China Insurance has developed a number of critical illness insurance products, and each insurance company has its own critical illness insurance products.

Let's take a look at the ranking of Chinese insurance companies, is it necessary to buy insurance in large companies? The team of senior insurance advisors spent months concluding strongly, and you have to look"China Insurance Company Ranking! Do you really have to choose a big company to buy insurance?

1. Buying critical illness insurance is a key product

In the process of buying critical illness insurance, we must know a truth: we buy insurance with contract terms, and the choice of insurance company is not important.

Insurance compensation or not, and the company is not big, the brand is not loud or not, whether the compensation is mainly based on whether the claim conditions are met, if the conditions are not met, no matter how big the company will not pay; If the conditions are met, no matter how small the company is, the compensation will also be paid.

Therefore, the most important thing for us is to choose the combination of protection liability according to our own needs and budget.

Even if you do have a brand preference for New China Insurance, not all products are suitable for you, don't follow the trend to buy, products that are suitable for others may not be suitable for you.

2. What issues should I pay attention to when buying critical illness insurance?

Step 1: Balance your needs and budget and determine the amount insured

When the budget is limited, it is recommended to give priority to the sum insured, and shorten the period to buy a higher sum insured.

The basic recommendation for the selection of the sum insured is that the critical illness sum insured should not be less than 500,000 yuan in order to play an adequate role in protection.

Step 2: Pick and match product responsibility

We've singled out a few of the more important responsibilities in critical illness insurance and sorted them by priority.

Minor Illness Liability: Whether it covers high incidence of mild symptoms.

The proportion of benefits for mild, moderate and critical illnesses.

The number of claims for high-incidence diseases such as malignant tumors.

Number of critical illness claims and grouping issues.

Whether there is a premium waiver liability.

We need to choose the critical illness insurance that is suitable for us based on our budget, age, physical condition, risk appetite and other factors.

3. How much does critical illness insurance generally cost?0-year-old children, 500,000 insurance amount, 30 years, life-long insurance: about 2,000 years.

30-year-old male, 500,000 insurance amount, pay for 30 years, insurance until 70 years old: more than 3,000 years.

30-year-old male, 500,000 sum insured, paid for 30 years, guaranteed for life: more than 5,000 years.

30-year-old women, 500,000 insurance amount, pay for 30 years, insurance until 70 years old: more than 2,000 years.

30-year-old woman, 500,000 insurance amount, 30 years, life-long insurance: more than 4,000 years.

Middle-aged people over 45 years of age: There is a risk of inversion.

Seniors over 60 years of age: age and physical condition do not allow.

For the same protection liability, the younger the age**, the cheaper.

There are many kinds of critical illness insurance products of New China Insurance, the most noteworthy of which is the Health Carefree C1, which adds multiple claims for special illnesses and minor illnesses to the original product. There are other insurance products that also have advantages, most of the critical illness insurance under Xinhua Insurance is based on lifelong protection products, including health carefree series, i worry-free whole life critical illness insurance, multi-times insurance, health worry-free c, etc.

In general, the critical illness insurance products of New China Insurance are higher than other products in the market, and the comprehensive cost performance is not as good as other products in the market. This is because Xinhua Insurance's critical illness products basically do not cover moderate illness insurance, which is obviously a weak link in the critical illness market, and secondly, the insurance ** is higher than other similar products, and it is not a little higher, if you compare Xinhua critical illness insurance with the cost-effective critical illness insurance in the market, the difference can be nearly 10,000 yuan more per year, and the protection is not comprehensive.

If you have to choose one of several products from Xinhua Insurance, you can choose multiple times insurance, compared to this insurance, the protection is more comprehensive, and it is to protect three claims for critical illness and five claims for minor illness. Then you can choose the care insurance money, but the ** of this product is also relatively high, and the annual payment for a 30-year-old man who buys this product is about 17,000.

Generally speaking, Xinhua Insurance is relatively decent, not suitable for people with ordinary economic income, if the family is relatively wealthy, you can still choose Xinhua Insurance's critical illness, because this company has a long history and a good reputation. However, for ordinary families, it is not enough to choose Xinhua Critical Illness Insurance Protection.

This critical illness insurance is still very good, but I have only heard about it, and I don't know much about the specific contents.

Exceptionally good. The sum insured is particularly high, and there are not too many requirements, so you can choose freely.

This is a very good insurance, and if we buy such an insurance, we will get sick and fever after the sale, and it can also solve our financial difficulties.

New China Life Insurance is still relatively reliable, and its critical illness insurance is also purchased by many customers, and its reputation is not bad. But don't just listen to the insurance person when you buy, the important thing is to figure out the terms of the contract yourself.

Below, I would like to introduce New China Life Insurance Company:

1. What is the background strength of New China Life?

Founded in Beijing in 1996 with a registered capital of 100 million yuan, New China Life Insurance is a large-scale professional life insurance company nationwide.

The shareholders of Xinhua Life Insurance are very strong, among them, such as **Huijin Investment Co., Ltd. and China Baowu Iron and Steel Group****, which are state-owned capital investment companies authorized by ***.

2. What is the premium income of New China Life?

1) Premium income.

Premium income is the most direct way to measure the size of an insurance company. According to the statistics of the insurance company's premium income data in 2020, New China Life's premium income ranked fourth, with a total premium income of 159.5 billion yuan, which is definitely in line with most people's expectations for large companies.

2) Solvency.

The China Banking and Insurance Regulatory Commission (CBIRC) requires insurance companies to have a core solvency of more than 50%, a comprehensive solvency of more than 100%, and a comprehensive risk rating of not less than B.

The solvency information for the third quarter of 2021 released by New China Life is:

Core solvency ratio:

Comprehensive solvency adequacy ratio:

Overall Risk Rating: A

From the perspective of these three indicators, New China Life is much higher than the CBIRC's solvency standards, which also means that it is fully capable and capital to bear the claims.

Therefore, whether it is in terms of premium income or solvency, Pacific Life's is very good.

Pay attention to attentive insurance, 1-to-1 free consultation, adhering to a professional, objective and neutral attitude, choose more cost-effective products for you, and make buying insurance an easy task!