What about Fude Life Insurance, will it go out of business if it loses?

Don't worry about the collapse of the insurance company, bankruptcy, and running away, there is the Insurance Law to protect your interests!

Article 89 An insurance company needs to be dissolved due to division or merger, or dissolved by resolution of the shareholders' meeting or the general meeting of shareholders, or the reasons for dissolution stipulated in the articles of association of the company arise, and it shall be dissolved after the approval of the insurance regulatory authority.

Insurance companies engaged in life insurance business shall not be dissolved except due to division, merger or revocation in accordance with law.

When an insurance company is dissolved, a liquidation team shall be established in accordance with law to conduct liquidation.

Article 92 Where an insurance company engaged in life insurance business is revoked or declared bankrupt in accordance with law, the life insurance contract and liability reserve held by it must be transferred to another insurance company engaged in life insurance business; If the transfer agreement cannot be reached with other insurance companies, the insurance company designated by the insurance regulatory authority to operate life insurance business shall accept the transfer.

If the transfer or the insurance regulatory authority designates to accept the life insurance contract and liability reserve provided for in the preceding paragraph, the legitimate rights and interests of the insured and the beneficiary shall be safeguarded.

Regular insurance companies will not fail under normal circumstances, there is a national insurance law control, if there is a bankruptcy situation, the insurance regulatory commission will appoint other insurance companies to take over, the contract continues to be valid do not worry.

The Insurance Law stipulates that insurance companies cannot be dissolved, and there is no problem with the interests of customers.

The China Insurance Regulatory Commission stipulates that insurance companies can only merge with each other, not dissolve.

As long as the insurance companies that can be established in China are formal and legal, they will be supervised by the China Banking and Insurance Regulatory Commission, and they are reliable. Although Fude Life Insurance is not well-known and some large domestic insurance companies are well-known, the strength of this company should not be underestimated.

1. The strength of the Gongshen faction.

Founded in 2002 and headquartered in Shenzhen, Fude Life Insurance Co., Ltd. is a national professional life insurance company with a registered capital of 100 million yuan and total assets of over 480 billion yuan, and currently has 35 branches, more than 1,000 branches and service outlets across the country.

2. Solvency.

The China Banking and Insurance Regulatory Commission (CBIRC) has three mandatory assessment indicators for the solvency of insurance companies, namely: the core solvency adequacy ratio is not less than 50%, the comprehensive solvency adequacy ratio is not less than 100%, and the comprehensive risk rating is B or above.

According to the report of Fude Life Insurance in the fourth quarter of 2021, the core solvency adequacy ratio is 87%, and the comprehensive solvency adequacy ratio is 103%. It can be seen that the core solvency adequacy ratio and comprehensive solvency adequacy ratio of Fude Life Insurance have also reached the passing line.

The subject should want to know about the insurance company Fude Life Insurance. In fact, as a national professional Lingyan travel life insurance company, it and its insurance products are subject to the supervision of the China Banking and Insurance Regulatory Commission. So, this is a reliable insurance company to come.

Next, the senior sister will introduce this insurance company from the following two aspects to see how strong it is. Before we begin, we might as well understand what we need to look at when looking at insurance companies: what do we look at when we look at insurance companies in Xiangyi?

1. The strength of the company.

Founded in 2002 and headquartered in Shenzhen, Fude Life Insurance Co., Ltd. has a registered capital of 100 million yuan. At present, the company has 35 branches, more than 1,000 branches and service outlets across the country. It has been selected as one of the "Top 500 Asian Brands" for 12 times, and in 2021, it was selected as one of the "Top 500 Enterprises in Shenzhen", ranking among the top three in the insurance industry.

It can be seen that Fude Life Insurance is also an insurance company with strong capital strength. If you want to know more about this insurance company, you can add a look at this article: Is Fude Life Insurance Reliable? After picking up its trump card product, I know....Ruler stool.

2. Solvency.

According to the solvency report of Fude Life Insurance Co., Ltd. in the fourth quarter of 2021, its core solvency adequacy ratio is 87%, and the comprehensive solvency adequacy ratio is 103%, and the latest comprehensive risk rating results have not been disclosed.

From this point of view, the core solvency adequacy ratio and comprehensive solvency adequacy ratio of Fude Life Insurance have exceeded the standard line stipulated by the China Banking and Insurance Regulatory Commission. This shows that the solvency of Fude Life is up to standard.

Although the solvency of Fude Life Insurance has reached the standard. However, the results of its latest comprehensive risk rating have not been announced, so many friends will still worry that it will be at risk of bankruptcy. If you are worried about this, you may wish to take a look at this article:

The insurance company is bankrupt, what should I do with the insurance I bought?

Fude Life Insurance is reliable. This is an insurance company approved by the Insurance Regulatory Commission, which is reasonable, legal and reliable. Fude Life Insurance has 35 branches and more than 1,000 branches and outlets across the country.

From the perspective of insurance products: in terms of its Internet critical illness insurance Orange Guard Pai Ji No. 1, the disease type is not grouped, and the probability of multiple claims is higher than that of the group, and the common Zhonghe Dong product has 50% of the insured amount of the medium disease, and this medium disease has 60% of the insured amount, which is higher than similar products. In the first 15 years of the policy, in the event of a critical illness or minor illness, an additional % of the sum insured will be paid.

From the essence of the product, there is no need to question the reliability of this company.

From the perspective of insurance products: in terms of its Internet critical illness insurance Orange Guard No. 1, the disease type is not grouped, and the probability of multiple claims is higher than that of the grouped, with 50% of the insured amount of the common product and 60% of the insured amount of the medium illness compensation, which is higher than that of similar products. In the first 15 years of the policy, in the event of a critical illness or minor illness, an additional % of the sum insured will be paid.

From the essence of the product, there is no need to question the reliability of this company.

Although Fude Life Insurance is not as famous as China Life, Ping An and other large companies, its strength should not be underestimated!

Next, I will introduce you to Fude Life Insurance and see how this company is?

1. Background strength.

Founded in 2002, Fude Life Insurance is a national life insurance company headquartered in Shenzhen, with a registered capital of 100 million yuan and total assets of over 480 billion yuan. At present, there are 35 branches, more than 1,000 branches and outlets, and it has been selected as one of the "Top 500 Asian Brands" for ten times.

Whether it is in terms of capital or background strength, Fude Life Insurance is a large-scale insurance company.

Therefore, we don't have to worry, Fude Life Insurance Company is very reliable and can buy his products with confidence.

2. Solvency.

The China Banking and Insurance Regulatory Commission (CBIRC) stipulates the solvency of an insurance company, and it is only compliant if it meets the following criteria: core solvency adequacy ratio of 50% and comprehensive solvency adequacy ratio of 100%.

The solvency data of Fude Life Insurance in the third quarter of 2021: core solvency adequacy ratio: 93%, comprehensive solvency adequacy ratio: 108%.

The solvency of Fude Life Insurance is also in line with industry standards.

3. Premium income.

I have sorted out the premium income of 40 insurance companies in 2020, of which the premium income of Fude Life Insurance is 60.7 billion yuan, ranking 11th, which is very large.

In general, Fude Life Insurance is very reliable, and you can rest assured that you can buy its products.

Pay attention to attentive insurance, 1-to-1 free consultation, we uphold a professional, objective and neutral attitude, select more cost-effective products for you, and make buying insurance an easy task!

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Fude Life claims are fast, and it only takes 5 minutes from application to payment. The service quality is first-class, and it won the "2020 Outstanding Claims Service Insurance Company" award.

Fude Life Insurance Company has been established for more than ten years, and because its reputation is not so big, it is often mistaken for an insurance company that has just been established.

Fude Life Claim Process:

Claims acceptance

1. The applicant is generally the beneficiary, which refers to the person designated by the insured or the policyholder in the life insurance contract and who has the right to claim the insurance money. Unless otherwise agreed in the terms, only the beneficiary of medical, disability and critical illness insurance benefits is the insured himself;

2. The beneficiary of the death benefit is the beneficiary designated by the policy;

3. If the beneficiary is not specified in the policy or the beneficiary designation is unclear and cannot be determined; or the beneficiary dies before the insured and there is no other beneficiary; or if the beneficiary loses or gives up the beneficiary right in accordance with the law, and there is no other beneficiary, the insurance money shall be regarded as the inheritance of the insured, and the insurance money shall be paid in accordance with the provisions of the Inheritance Law of the People's Republic of China;

4. If the beneficiary is a person with no or limited capacity for civil conduct, his guardian shall apply on his behalf.

The applicant makes a claim application

1. The applicant needs to fill in the "Application Form for Life Insurance Claim Monitoring";

2. Prepare the required information to submit a written claim application to the company;

3. The applicant can submit the application directly to the company, or entrust another person to submit the application on behalf of the applicant, but must submit the power of attorney signed and approved by the applicant and the trustee and the original identity documents of both parties.

Claims review

Due to the specific circumstances of the insured event or regional differences, some additional information may still need to be provided during the review process, such as other claim information.

Claim Notice

Claim notification method: generally in the form of written notice, written cannot be, in the case of delivery, other methods can be used, such as ** notice, SMS notification, announcement notice.

Claim notification channels: SMS platform notification, service agencies at all levels.

Settlement of claims

The main payment method for claims is bank transfer;

The claim payment will be transferred to the bank you filled in during the claim application within 5 working days.