Is the penetration rate of life insurance high in China?

Now the penetration rate is very low, and more than 10 out of 100 people have bought life insurance on average, and there is still a lot of room for the market.

There are 50 or 60 insurance companies in China, and the number of employees currently exceeds 7 million; In terms of the scale of development, people's awareness of insurance is gradually increasing; For CPIC, one of the three major life insurance companies in China, one out of every 13 people in the country is a CPIC customer.

Compared with the past, the penetration rate is much higher, and now that critical illnesses are getting younger and younger, many people are now taking the initiative to buy critical illness insurance for themselves.

Hello, the high penetration rate has gradually increased, the country is advocating universal insurance, what do you say, now the critical diseases are getting younger and younger, the cost is getting higher and higher, and the people have begun to pay attention to it.

The penetration rate will be higher and higher, the business will become more and more standardized, and with the high pressure of modern society, more and more people will be in demand.

It's not that high now, but now that people are more aware of insurance, it will become more popular in the future.

Protection insurance Ping An Fu 2016 version, 16 people per minute after the upgrade! People's awareness has increased!

Very little, compared with developed countries, it is very few, so the country is now vigorously promoting the development of the insurance industry.

Nowadays, some people who pay attention to national policies and regulations have a deep understanding of insurance, what about you?

In general, people's insurance intentions are not very high.

Very high, now primary school students are learning insurance knowledge in textbooks, which means that they started from the doll.

Not too high, but fast.

Strength. After long-term development and accumulation, Chinese Life has strong strength comparable to the world. As of 2012, Chinese Life Insurance (Group) Company has been selected as one of the "Fortune Global 500" for ten consecutive years.

As a core member of Chinese Life Insurance (Group) Company, as of June 30, 2012, the total assets of Chinese Life Insurance Co., Ltd. and its subsidiaries reached RMB 1.7 billion, ranking first in the domestic life insurance industry. In the first half of 2012, the company's market share was about and continued to dominate the life insurance market.

Professional leadership. Chinese Life Insurance Co., Ltd. has always maintained a professional leading competitive advantage in the life insurance industry. The company has strong product research and development and innovation capabilities, and constantly enriches the connotation of insurance products and services.

Extended reading: [Insurance] How to buy, which one is better, teach you to avoid these insurance"pits"

Mutual insurance is one of the most important forms of insurance in the world today, which refers to an organization composed of some people who have certain protection requirements for the same risk, with the purpose of helping each other, and implementing "sharing benefits and risks". The members of the organization pay the premium to form **, and use this ** to make up for the disaster loss when the disaster loss occurs.

General insurance can be life insurance, commercial insurance but both belong to the insurance company, and the insurance company is for the purpose of profit, is the insurer in the form of the company's organization, and operates the insurance business. The insurer in the insurance relationship has the right to collect insurance premiums and establish insurance premiums. At the same time, when an insured event occurs, there is an obligation to compensate the insured for financial losses.

One is voluntary mutual insurance, and the other is to spend money to buy safe insurance, so that mutual insurance is more suitable for the general public. Tongxinshe is a platform for mutual insurance, using blockchain technology to achieve decentralized information sharing, innovation to achieve comprehensive and transparent operation, and is a fair, just, open, safe and efficient open mutual aid information service platform.

Extended reading: [Insurance] How to buy, which one is better, teach you to avoid these insurance"pits"

The data provided by the China Insurance Regulatory Commission is a real reference value. Top 20 Chinese Property Insurance Companies: PICC Shares, CPIC, Caiping, Insurance Industry Market Share, Ancai, China United Land Property, Tian'an, Anbang, Yong'an, Oak Sunshine Property.

Looking at the development of China's insurance industry over the past 20 years, it is objectively clear that China's insurance market is still in the initial stage of development, which is mainly manifested in the following aspects. First, China's insurance market is still basically an oligopoly. Second, the circular development of China's insurance industry is still at a low level.

Third, the structure of China's insurance market is unevenly distributed. Fourth, China's insurance industry.

There are no statistics for this year, but the most recent is 2008, as far as I know. In terms of the whole country, the market share of Chinese life is still the largest, accounting for about half, but it is decreasing every year. By the end of 2009, Chinese Life's market share in life insurance had retreated from 2008.

Extended reading: [Insurance] How to buy, which one is better, teach you to avoid these insurance"pits"