What is the reputation of China Life? Is the product good

There are a lot of regular customers and referrals.

Huaxia Insurance Company is a formal and legal insurance company, in the industry Huaxia Life's reputation is still very good, in China's insurance companies insurance products are required to declare for the record, is more reliable, as for the insurance products are good, mainly to see that this product and our own protection does not match, if it can meet our protection needs, it is naturally good.

Then the senior sister will introduce you to this insurance company.

Don't know how to know about insurance companies? After reading it, you will know: when we are looking at an insurance company, what exactly are we looking at?

1. The strength of the company.

Founded in December 2006 with a registered capital of 15.3 billion yuan, Huaxia Insurance is a national, joint-stock life insurance company approved by the China Banking and Insurance Regulatory Commission.

Headquartered in Beijing, up to now, it has 24 direct branches, with 100 million customers and 250,000 people.

Huaxia Insurance has been listed on the Fortune Global 500 list for two consecutive years, and as of the end of September 2022, the company has accumulated total premiums of 100 million yuan, ranking fourth in the market.

2. Solvency.

In order to pass solvency, all three conditions must be met: the core solvency adequacy ratio must be 50% or above; The comprehensive solvency adequacy ratio is 100% or above; The overall risk rating is B or above.

However, due to the triggering of the provisions of the Insurance Law of the People's Republic of China, in July 2020, the shares of China Life Insurance were taken over by the China Banking and Insurance Regulatory Commission, and the takeover period is from July 17, 2020 to July 16, 2022. The solvency report for this period has not been released by Huaxia Insurance for the time being.

However, we can learn from China Life's solvency report for the first quarter of 2020 that its core solvency adequacy ratio is %, the comprehensive solvency adequacy ratio is 0%, and the comprehensive risk rating has not been released for the time being.

We can understand that the core solvency adequacy ratio and comprehensive solvency adequacy ratio of China Life Insurance have reached the standard, and everyone can rest assured.

Brother Bao said insurance, focusing on insurance product evaluation! It is rumored on the Internet that Huaxia Life's products are very cost-effective, is it true? Let's get a sneak peek: Is China Life Insurance good? What insurance is recommended?

Huaxia Insurance Company's solvency level last year was above the passing line, and there was no risk, so you can rest assured

Headquartered in Beijing, Huaxia Life Insurance Co., Ltd. was established in 2006 with a registered capital of 15.3 billion yuan and is a national, joint-stock life insurance company.

1. The operating conditions of China Life Insurance.

In July 2019, China Life Insurance was ranked 442nd in the Fortune Global 500.

In 2019, the premium income of life insurance was 100 million yuan, accounting for the domestic market share, second only to Chinese Life, Ping An and Pacific.

In general, China Life Insurance has abundant funds, high public recognition, and leverage.

2. Solvency of China Life.

Solvency refers to the ability of an insurance company to fulfill all contractual obligations at any given time, embodies the relationship between assets and liabilities, and is the lifeblood of an insurance company.

In the first quarter of 2020, China Life's core solvency adequacy ratio was at, its comprehensive solvency adequacy ratio was at, and its comprehensive risk rating was A, far exceeding the passing mark set by the China Banking and Insurance Regulatory Commission (CBIRC).

3. Are ChinaAMC Life products worth buying?

China Life Insurance has a comprehensive range of insurance products, including critical illness insurance, medical insurance, accident insurance, life insurance, annuity insurance, etc., and the more popular products are: Evergain, Healthy Life, Fulinmen, etc., let's take a look at the picture:

Is Huaxia Insurance worth buying? It can't be generalized, it is necessary to analyze through the product, taking its popular critical illness insurance "Evergain Series" as an example, although the protection is comprehensive, but the cost performance is low, you can see this article for the evaluation of Evergain: The top ten insurance companies "worth buying" the inventory of popular critical illness insurance!

As well as the FLM annuity insurance that many people are concerned about, I have also evaluated it.

I believe that many friends may be worried when buying insurance, if the insurance company is not operating well and is taken over, what should our insurance do? Friends who have such questions may wish to take a look at the following article, which has detailed answers:

The insurance company has been taken over, what will happen to the insurance I bought?

China Life Insurance is a national, joint-stock life insurance company approved by the China Banking and Insurance Regulatory Commission, and is subject to the daily supervision of the China Banking and Insurance Regulatory Commission. Want to know how strong China Life Insurance is? We can look at it in terms of both background strength and solvency.

Founded in December 2006 with a registered capital of 15.3 billion yuan, Huaxia Life Insurance is headquartered in Beijing, and currently has 24 directly affiliated branches, with a total of 673 branches (including fundraising), with a customer scale of nearly 40 million individual customers, nearly 130,000 institutional customers, and nearly 190,000 manpower.

China Life Insurance 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.

From the perspective of background strength, the overall scale of China Life Insurance is large, and its strength is still remarkable.

Since the China Banking and Insurance Regulatory Commission (CBIRC) took over China Life from July 17, 2020 to July 16, 2022, the latest solvency data of China Life is currently in the first quarter of 2020.

According to the data, the core solvency adequacy ratio of China Life Insurance in the first quarter of 2020, the comprehensive solvency adequacy ratio, and the comprehensive risk rating have not been announced. In terms of the two known data, the solvency of Huaxia Insurance is up to the CBIRC's standards.

However, there is no need to worry too much about the takeover of China Life. This is because, even if the insurance company is in a state of receivership, the business will generally still operate normally, and the insurance on sale can still be purchased. Moreover, the receivership period of China Life Insurance ended on July 16, 2022, so you don't need to worry too much.

Is Huaxia Insurance reliable?You need to know these precautions!

People's awareness of insurance is getting stronger and stronger, and the number of customers buying insurance is also increasing, but there are a lot of insurance products on the market, for the first time to buy insurance products, if you don't know enough about the insurance products and the insurance companies behind them, it is easy to be deceived.

The reputation of many insurance companies is still very good, and the better the reputation, the more trustworthy the insurance company is. The fact that more and more people are choosing Huaxia Life Insurance shows the reliability of this company. Since its establishment, China Life Insurance has been in the forefront of the industry for nearly 20 years, although it is not as good as some old life insurance companies.

Huaxia Life Insurance Company has its own unique business philosophy, has been adhering to the service tenet of customer interest IQ, has been a variety of insurance products of China Life Insurance are advancing with the times, to meet the different needs of customers, and constantly launch a variety of products to suit customers, China Life Insurance can be described as abundant, so it has enough strength to meet the customer's claims and payment ability, which is what many companies can not do.

Huaxia Life Insurance Company has won the reputation of customer satisfaction and received strong support from the society, but still does not forget to repay the society. In many difficult places, we can see the shadow of China Life Insurance giving back to the society. Therefore, such an insurance company has a very good reputation, and it is also an insurance company worthy of the trust of customers.

China Life Insurance Company has won the "Top 10 Trustworthy Insurance Companies" award, which is the most direct explanation of China Life Insurance Co., Ltd. will adhere to the purpose of serving the people for ten years, China Life Insurance Company adheres to the interests of customers first, provides customers with the most efficient service, and the average claim time only takes one day, which is much higher than that of other insurance companies. Therefore, you only need this point to buy the products of Huaxia Life Insurance Company with confidence.

The reputation of Huaxia Life Insurance is still good. China Life Insurance was established in 2006 and is also a national, joint-stock life insurance company approved by the China Banking and Insurance Regulatory Commission.

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

1.Company background.

China Life Insurance is a large-scale insurance company with a registered capital of 15.3 billion yuan, and its total assets exceeded 500 billion yuan in 2018, with a team size of more than 500,000 people and a total premium of 230.6 billion yuan. And in 2020, it has ranked 449th in the Fortune Global 500.

The main business of China Life Insurance includes life insurance, health insurance and accident insurance, as well as the use of insurance funds permitted by national laws. In addition, the company took the lead in introducing the "second compensation for critical illness" in China, promoting the upgrading of domestic critical illness insurance products.

Seeing this, in addition to looking at the background of the company, what are the criteria for judging whether an insurance company is good or not, and the following article for friends who don't know can be collected:

When we look at insurance companies, what exactly do we look at?

2.The reason why China Life Insurance is reliable.

The best way to determine whether an insurance company is reliable is to look at the company's background and solvency. From the above, it can be seen that China Life Insurance has a very strong corporate background, so what about its solvency?

According to the solvency report released by China Life Insurance in the first quarter of 2020, the core solvency adequacy ratio at the end of the quarter was the comprehensive solvency adequacy ratio, and the risk was not disclosed. It can be seen that China Life Insurance has far exceeded the requirements of the China Banking and Insurance Regulatory Commission and is an insurance company with sufficient solvency.

There are many excellent insurance companies like China Life Insurance, if you want to see which one is more powerful, then the following article is worth a look:

Who is the king? Ping An of China PK Huaxia Life Insurance!

The reputation of Huaxia Life Insurance is still quite good, after all, it is a very large insurance company and is very famous in the country.

The reputation is very good, and I will consider this insurance company when I buy insurance, because one of their after-sales service is really good, and the insurance is also very discounted.

The reputation of China Life Insurance is very good, it is a very large insurance company, and the after-sales service is very good.

The reputation of Huaxia Life Insurance is quite good, and the various insurance platforms are still relatively reliable, and many people buy them.

Since its establishment in 2006, China Life Insurance has received large and small honors, and has also received national medals and entered the Fortune Global 500. Such an excellent insurance company can not only provide adequate protection for the insured, but also focus on the interests of customers, have the courage to assume social responsibility, and be enthusiastic about social welfare.