Is Prudential s critical illness insurance worth buying, and which is the best Prudential critical i

It's worth it, 1Background of the company's strength.

Prudential Hong Kong is a Prudential insurance company established in Hong Kong in 2013 by Prudential of the United Kingdom, which has protected 1.3 million customers in Hong Kong, and an average of 1 in 6 people is a Prudential customer based on the population of Hong Kong.

And in 2021, Prudential Hong Kong won the Bloomberg Businessweek award

The Financial Institution Awards are one of the most influential awards in the industry, and Prudential Hong Kong has been named "Insurance Company of the Year" for seven consecutive years.

Prudential was founded in 1848 and is headquartered in London, with offices in London, Hong Kong, Singapore and New York**.

Listed on the stock exchange, with operations in Asia, Europe, and North America.

Africa and other countries, with more than 20 million customers worldwide.

Prudential ranked 105th in the 2021 Forbes Global 2000 and 80th in the 2020 Fortune 500.

2.Solvency.

Solvency represents an insurance company's ability to repay its debts and whether the insurance company has the money to pay when it settles a claim.

According to the Insurance (Long-Term Liabilities) Rules issued by the Insurance Authority of Hong Kong, the audited solvency ratio of Prudential Hong Kong was 592% as at 31 December 2020.

Moreover, two international authoritative rating agencies have given high recognition to Prudential's solvency, with Standard & Poor's rating of A and Moody's rating of A2, which shows that Prudential Hong Kong's solvency is excellent.

Extended Material: World Insurance.

Human society has been faced with natural disasters since the beginning.

In the process of fighting against nature, ancient people came up with the idea of insurance to deal with disasters and accidents and the original form of insurance methods. Around 2500 BC, the ancient Babylonian kingdom.

The king ordered monks, judges, village chiefs, etc., to collect taxes as funds for the relief of the fires. Ancient Egypt.

The stonemasons set up a funeral mutual aid organization to solve the cost of collecting burial funds by paying membership dues. Ancient Roman Empire.

The soldiers' organizations of the era provided living expenses for the bereaved families of fallen soldiers in the form of fund-raising, and gradually formed an insurance system. With the development of **, around 1792 BC, it was the time of Hammurabi, the sixth king of ancient Babylon, that commerce flourished, and in order to aid commerce and protect caravans of mules and horses and compensation for the loss of goods, in the Code of Hammurabi.

stipulates the provision for the joint apportionment of compensation for losses.

Hello! CITIC Prudential Life Insurance was officially established in 2000, which is actually a Sino-British joint venture insurance company. CITIC Prudential Life is still quite reliable, and they have launched a lot of insurance products, whether it is worth buying depends on whether you need these insurance products.

Deep Blue Insurance Dedicated Insurance Brokers will provide you with professional advice.

You must know that CITIC Prudential Life Insurance is also supervised by the China Banking and Insurance Regulatory Commission in the insurance industry, and the China Banking Regulatory Commission and the Insurance Regulatory Commission were two different departments before, but later the China Banking Regulatory Commission and the Insurance Regulatory Commission merged and became the current China Banking and Insurance Regulatory Commission. The China Banking and Insurance Regulatory Commission is the most relevant department, and since it is supervised by this department, there is no need to worry.

Secondly, many people may be concerned about whether CITIC Prudential Life's claims are reliable, in fact, there is no need to worry about this at all, because if you buy CITIC Prudential Life's insurance products, then you have to sign a contract with the other party, as long as the contract is signed, then both parties will have legal effect.

If the insurance company dares to breach the contract or breach the contract, then we can directly appeal to protect our rights.

CITIC Prudential's critical illness insurance is mainly based on the Wellcome and Huibao systems, and the products have their own characteristics, and you can choose according to your own needs, and the products that suit you are good.

Wellcome Critical Illness Insurance covers 120 critical illnesses, 20 moderate illnesses, 40 mild illnesses, and the critical illness insurance benefit pays 100% of the basic sum assured, with an additional 5% annual increment, up to a maximum of 50% of the basic sum assured. 50% of the basic sum insured will be paid for each claim for moderate illness, with a maximum of 6 claims; 20% of the basic sum assured will be paid for each minor illness, up to a maximum of 6 claims.

Compared with Wellcome, Huibao has fewer moderate and mild diseases, and at the same time, it will be relatively cheaper.

So you can choose according to your budget and actual needs!

CITIC Prudential Life Insurance**** was established in 2000 by CITIC Group and Prudential Group of the United Kingdom. At present, CITIC Prudential Life Insurance is headquartered in Beijing, and the registered capital of the company is 100 million yuan. As of June 30, 2021, the company's total assets reached 163.6 billion yuan.

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Prudential Critical Illness Insurance offers three major critical illness insurance products, one is Guardian Health Critical Illness Plus Care Protector-CIR2, and one is Guardian Health Critical Illness Plus Protector-CIM.

Further information: First, the premiums of these three types of critical illness insurance are increased sequentially, and all of them include minor illness benefit protection, and the policy will continue after the minor illness payment is paid, and they also contain premium waiver liability.

II. Coverage of Prudential Critical Illness Insurance.

1. Guardian Health Critical Illness Comprehensive Care Insurance - CIR2, the protection provided includes early illness compensation, if the insured suffers from an early critical illness, you can advance 20 25% of the sum insured to the insurance company, and the insurance company can pay up to three times, and the policy is still in effect after the insurance company advances the claim. If the insured suffers from the 57 critical illnesses agreed in the contract, the insurance company will pay 100% of the sum insured in a lump sum and the policy will be terminated.

2. Health Care Plus - CIE provides multiple benefits, including 3 Cancer Benefits, Heart Disease Benefits, and Stroke Benefits. In addition, it also provides 50% of the additional protection function for the first 10 years, including 57 critical illnesses and 61 early stage illnesses. Protect Critical Illness Plus - CIM is a multi-faceted cancer protection that provides enhanced coverage for new cancers and ongoing benefits for existing cancers.

The multiple benefits provided include market-only coverage for ongoing prostate cancer and thyroid cancer.

3. Which is the best Prudential critical illness insurance?

1. In terms of protection content, Prudential Critical Illness Insurance's Guardian Health Critical Illness Plus Care Insurance--CIE is the best critical illness insurance, and Guardian Health Critical Illness Plus Care Insurance--CIE can provide protection for 118 critical illnesses, including 56 critical illnesses, 61 early-stage critical illnesses and 1 benign condition. After the insured claims the critical illness benefit, he or she can still enjoy an additional 320% coverage for the three types of critical illnesses: cancer, heart attack and stroke. The insurance company will also provide up to 10% additional benefit for covered benign tumour removal surgery.

2. Overall, the coverage of the Guardian Health Critical Illness Plus Care Insurance (CIE) will be broader than that of the other two types of critical illness insurance. It also has the market's unique additional benefit for benign tumors and the rare 1-year premium waiver benefit for early stage critical illness. Prudential Critical Illness Insurance can obtain highly leveraged critical illness protection at a lower premium, which can be regarded as a cost-effective basic protection critical illness insurance product.