Recently, I am ready to give myself an insurance, do you think Huaxia Life Insurance is reliable?

Huaxia Life Insurance Company is reliable because it is approved by the China Banking and Insurance Regulatory Commission (CBIRC) and can be found on the Insurance Association of China, so its reliability is beyond doubt.

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

According to the latest solvency data disclosed on the official website of China Life Insurance, its core solvency adequacy ratio and comprehensive solvency adequacy ratio have obviously reached the standard set by the China Banking and Insurance Regulatory Commission (core solvency adequacy ratio of 50% and comprehensive solvency adequacy ratio of 100%).

However, in July 2020, China Life Insurance was taken over by the China Banking and Insurance Regulatory Commission, and at this time, many friends who bought its products were worried about whether their policies would become invalid.

But what the senior sister wants to tell you is that even if the insurance company is taken over, the policy will not lapse, and the protection that should still be there will still be one, so you can put a hundred hearts at ease.

If you still have concerns, let's take a look at what the experts have to say: the insurance company has been taken over, what should I do with the insurance I bought?

In addition, during the period of the receivership, China Life Insurance was still operating normally, and if you want to buy its products, you can also do it, as long as you meet the conditions for insurance, you will have the opportunity to enjoy protection. However, buying insurance is not a casual thing, you have to carefully read the terms of the insurance, carefully consider whether it is suitable for you and then decide whether to buy insurance.

Here the senior sister has also prepared a dry goods, which will mention what key knowledge points should be paid attention to before buying insurance: Before buying insurance, you must first figure out these key knowledge points!

Founded in December 2006, China Life Insurance is a national, joint-stock life insurance company approved by the China Banking and Insurance Regulatory Commission, headquartered in Beijing, and currently has 24 direct branches. In recent years, it has focused on the "medical + insurance + Internet" scenario and continuously optimized its claims services. If you want to know more about Huaxia Life Insurance, you can read this article:

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

Huaxia Life Insurance has a high reputation in the industry, so you can choose it with confidence. After some comparison, I finally chose the insurance products of China Life Insurance, which can complete the operation of insurance online, and can also customize your own insurance plan, which I think is still more reliable. In addition, the reputation of China Life Insurance's fast compensation is also an important reason for me to choose China Life Insurance!

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.