If Ping An Insurance can t afford it, the state will not care

There is no such thing as insolvency, if the customer is out of danger and within the scope of insurance liability stipulated in the contract, then it must be compensated, which is guaranteed by law. Moreover, Ping An is the strongest in terms of comprehensive strength, and there are nine insurance companies in the world that are too big to fail, so you don't have to worry.

Ping An Insurance is currently in the top 50 of the top 500 companies. There is no such thing as a loss. Even if it does go bankrupt, there will be the Insurance Authority or other insurance companies to take over. Protect the interests of policyholders.

Hello, you don't have to worry, the insurance company will not be unable to pay, the state has regulatory agencies to supervise, there is no situation where you can't afford to pay.

Ping An's assets are 5 trillion yuan, and the critical illness insurance is paid in advance, and the policies we buy are protected by law.

What is the reason that Ping An can't afford to pay! What kind of insurance are you buying? There is no such thing as this! You don't want to break the terms of the contract, you can't afford to lose it. If you break the contract, you won't win a lawsuit.

The Insurance Law stipulates that an insurance company that operates a life insurance business cannot go bankrupt.

A life insurance company cannot go out of business, and it can pay within the scope of its claims.

If you are too worried, if it is in the insurance contract, it is impossible not to pay for it, and if you do not pay for it, there is an insurance law to protect you.

As long as you can buy it, you can accompany it, and it must be reasonable.

If you can manage it, you really can't find a central enterprise or a state-owned enterprise merger and reorganization.

Hello, what kind of insurance did you buy, why do you say you can't afford to pay it?

Hello, you're worried.

The contract system is protected by law, and insurance is in the form of a contract to serve the people. Ping An Insurance Company of China is one of the world's top 500 companies, and all insurance companies in China are regulated by the China Insurance Regulatory Commission.

The Insurance Law of the People's Republic of China is the protection and restriction of all insurance companies in China, Chapter 1 of the Law stipulates:

Article 1 This Law is enacted for the purpose of regulating insurance activities, protecting the legitimate rights and interests of the parties involved in insurance activities, strengthening the supervision and management of the insurance industry, safeguarding social and economic order and social public interests, and promoting the healthy development of the insurance industry.

Article 2 The term "insurance" as used in this Law refers to the commercial insurance behavior in which the insured pays insurance premiums to the insurer in accordance with the contract, and the insurer bears the responsibility to compensate for the property losses caused by the occurrence of an accident that may occur as agreed in the contract, or bears the responsibility to pay the insurance money when the insured dies, is disabled, is sick, or reaches the age and time limit agreed in the contract.

Article 3 This Law shall apply to insurance activities within the territory of the People's Republic of China.

Article 4 Insurance activities must comply with laws and administrative regulations, respect social morality, and must not harm the public interest.

Article 5 The parties to insurance activities shall follow the principle of good faith in exercising their rights and performing their obligations.

Article 6 Insurance business shall be operated by insurance companies established in accordance with this Law and other insurance organizations as prescribed by laws and administrative regulations, and other units and individuals shall not engage in insurance business.

Article 7 Where legal persons and other organizations within the territory of the People's Republic of China need to apply for domestic insurance, they shall apply for insurance from insurance companies within the territory of the People's Republic of China.

Article 8 The insurance industry, the banking, the first industry, and the trust industry shall be operated and managed separately, and the insurance company shall be established separately from the banking, the first and the trust business institutions. Except as otherwise provided by the state.

Article 9 The insurance regulatory authority shall supervise and administer the insurance industry in accordance with the law.

The Insurance Law promulgated by the state is to protect and restrict all insurance companies in China, and insurance companies in China are under the jurisdiction of the China Insurance Regulatory Commission.

The contract system is protected by law, and insurance is in the form of a contract to serve you, so you don't need to worry about not being protected by law.

Insurance companies are protected by national laws.

Not only Ping An Insurance Company is protected by the state, but all insurance companies are approved and supervised by the Insurance Regulatory Commission.

Xueba talks about insurance, focusing on insurance evaluation! Let's take a look at how Ping An Life Insurance Company ranks first in the country? What are the top 10 insurance companies in the country besides Ping An?

All insurance companies in China are regulated by the state - the China Banking and Insurance Regulatory Commission and are protected by law.

Ping An Insurance has three businesses: life, pension and property insurance, and we will focus on the life insurance business.

1. What is the strength of Ping An Life Insurance Company?

Ping An Life Insurance Company was formally established at the end of 2002 and is also a member of Ping An of China. According to authoritative data, Ping An Life's registered capital reached 33.8 billion yuan at the end of 2017. It has more than 40 branches and more than 3,300 business outlets across the country, and more than 1.3 million insurance people.

In the Fortune 500 China 2019 rankings, Ping An Insurance Company of China ranked fourth. Let's look directly at the picture.

Only industry giant Chinese Shou can match it. Compared with other companies, it is still a huge advantage, and it is not difficult to see that Ping An is really powerful.

2. What is the solvency of Ping An Life?

Solvency is the ability of insurance companies to pay you money, and the China Banking and Insurance Regulatory Commission has set two important indicators in order to facilitate the solvency statistics of major insurance companies, not only the core solvency adequacy ratio should be higher than 50%, but the comprehensive solvency adequacy ratio should be higher than 100%. The figure below intuitively shows a number of reimbursement data of Ping An Insurance Company.

After analyzing the data in the figure, these data clearly and intuitively reflect the strength of Ping An Insurance Company.

3. Service rating

The China Banking and Insurance Regulatory Commission (CBIRC) objectively evaluates the services of insurance institutions based on multiple business processes such as sales and underwriting of insurance companies, and gives a total of 10 levels in four categories: A, B, C, and D. Ping An of China has won a super high evaluation of A, which is rare in the industry.

Fourth, having said all this, what products does Ping An Life sell?

Ping An Life** life insurance, wealth management and savings insurance, critical illness insurance, children's insurance and many other products.

Let's look at the picture together.

How about peace and happiness?

It is said on the Internet that Ping An Big and Small Lucky Stars are not good, is it true?

It is said on the Internet that Ping An e-life insurance is not good, is it true?

Insurance companies are protected by national laws.

Yes, protected by the state, all insurance companies are protected by the state, regulated by the CIRC.

Any insurance company with life insurance is protected by the National Insurance Act!

Insurance companies are protected by national laws, and insurance is an industry with legal protection!

All insurance companies are approved by *** and have corresponding insurance laws, please rest assured!

No matter which insurance company is established with the approval of the China Insurance Regulatory Commission, it is protected by law.

It is protected by the Insurance Law and regulated by the Insurance Regulatory Commission.

Yes, all insurance companies are regulated by the CIRC.

Yes, all insurance companies are approved by the CIRC.

As long as it is an insurance company, it is approved by the Insurance Regulatory Commission.

Yes, they were all approved by the CIRC.

Yes, it is all approved by the CIRC.